IBC Hosts the Presentation & Signing Ceremony of “Marketing Strategies.. in Accordance with the Principles Of the United Nations Global Compact for Businesses” Book During the Economic Symposium Held on IBC Hall.

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The Iraqi Business Council hosted on Wednesday December 20th 2023 the presentation and signing ceremony of the “Marketing Strategies.. in accordance with the Principles of the United Nations Global Compact for Businesses UNNGC” book by the Iraqi Business Council Deputy Chairman & Secretary-General, Dr. Saad Naji, during the Economic Symposium held yesterday on Corporates Principles of Social Responsibility, which began with the participants’ observing a moment of silence to honor the souls of Gaza martyrs.

 

The symposium discussed the principles of corporates’ social responsibility, its impact on community development, environment protection and the need for it to be a moral duty and an ethical practice against corruption.  The participants stressed the need for companies, especially the large ones, to pay greater attention to man and environment, and the need to fulfill their social responsibility towards them in such a way leading to improving the quality of life and assisting different segments and classes of society to lead a safer and more prosperous life.

 

The symposium was attended by the H.E the Charge  d’Affairs of the Iraqi Embassy to Jordan, Mr. Munif Ali Hussein, the Embassy Cultural Advisor, Dr. Kheir, Al-Din Al-Amin, and a number of the Embassy diplomatic staff.  On IBC side, IBC Board members participated in the symposium namely Consulting Engineer, Mr. Ali Ghalib Al-Khafaji, Mr. Khalil Al-Bunniya and IBC members; Consulting Engineer, Mr. Turkey Al-Qaisi, Mr. Muhammad Jawad Al-Jubouri, Mr. Fakhri Reshan, Mr. Ahmad Al-Amili, Mr. Aqeel Al-Hadi, Mr. Muhammad Shanshal and Mr. Muhammad Turkey Al-Qaisi, and a number of cultural, academic and media elites, in addition to television channels , IBC CEO and staff.

 

We are attaching the press release published by the Jordanian News Agency “Petra”.

 

Press Release

 

IBC Seminar Discusses Corporate Social Responsibility:

Amman – A seminar organized by the Iraqi Business Council in Amman discussed the principles of corporate social responsibility and its impact on the development of society, environment protection and the necessity for it to be a moral duty and ethical practice against corruption.

The participants in the symposium, which was held at IBC offices, stressed the need for companies, especially the large ones, to pay greater attention to man and environment, and the need to fulfill their social responsibility towards them in such a way leading to improving the quality of life and assisting different segments and classes of society to lead a safer and more prosperous life.

During the seminar attended by the Charge d’Affairs of the Iraqi Embassy to Jordan, Mr. Munif Ali Hussein, a book by IBC Deputy Chairman & Secretary General, Dr. Saad Naji, titled “Marketing Strategies in accordance with the Principles of the United Nations Global Compact” was launched.

IBC Consultant in charge of Corporate Social Responsibility, Dr. Amila Naji, explained that corporate responsibility is an investment for companies, which allows companies to learn about consumers’ and citizens’ opinion on their active contribution to society, whether social or cultural, in addition to their ethical stance, which has a direct impact on their businesses.

During the symposium, steered by Dr. Muhammad Al-Baldawi, IBC Advisor, Dr. Amila Naji, affirmed that studies indicate that a consumer supports and stands with companies that are ethically and legally committed and who combat corruption, regardless to the price of the commodity or service they provide.  Dr. Naji also pointed out that the United Nations standards for corporate responsibility are based on human rights, work standards, environment protection and combating corruption, stressing the need to distinguish between social responsibility, which are committed sustainable programs, and charity works, through which assistance is provided to certain groups of society.

In turn, Dr. Saad Naji presented the most prominent recommendations contained in his book, which was written in the form of research study, the most important of which is requesting the Iraqi Business Council to increase the focus of its affiliated companies on applying the principles of the United Nations Global Business Compact, making social responsibility part of its culture, educating the members, holding training courses on its practices towards their employees and other stakeholders, and towards the environment and society.

Amongst the recommendations, according to Dr. Saad Naji, requesting IBC to intensify the programs and activities relating to practising social responsibility towards the environment, providing benefits to companies that excel in this regard, allocating a reward, if possible, along to the issuance of a report similar to what is issued by the United Nations on the performance of companies with regard to social responsibility.  He pointed out that the Iraqi Business Council, which was established in Amman in 2006 and includes over 3000 member companies operating in the Jordanian and Iraqi markets, took the initiative to adopt the Universal Agreement on Human Rights in 2011.  Dr. Naji reviewed the role IBC plays towards the Iraqi community in Jordan based on its social responsibility through several programs IBC adopts including legally and economically supporting and empowering woman, children and vulnerable categories, helping students and outstanding ones to study in universities in the Kingdom and abroad.

Dr. Naji pointed out that many Jordanian companies submit regular annual reports on the support they provide and what they spend on civil society within the framework of their social responsibility.

The Cultural Department of the Iraqi Embassy to Jordan Holds a Cultural Symposium in cooperation with the Iraqi Business Council Under the Title “Our Arabic Language.. Our Cultural Security”

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Including the activities of IBC Cultural Program (Ibdaa), and in cooperation with the Cultural Department of the Iraqi Embassy to Jordan, a Cultural Symposium was held on Monday December 18th 2023 on IBC Hall entitled “Our Arabic Language.. Our Cultural Security”, on the occasion of the International Arabic Language Day.

 

At the beginning of the festivity, the guests were welcomed, then H.E the Charge D’ Affaires of the Iraqi Embassy to Jordan, Mr. Munif Ali Hussein, delivered his speech on this occasion, stressing the importance of the Arabic Language and its sciences.  He also said that the Arabic language is the most eloquent, clearest, and broadest of languages, and expressed his thanks to the Iraqi Business Council on organizing the symposium, followed by a speech of the Iraqi Embassy Cultural Advisor, Dr. Kheir Al-Din Al-Amin who expressed, at the beginning of his speech, his thanks for the Council’s hosting this cultural event on the occasion of the Arabic Language International Day, emphasizing that the Arabic language is a global language by nature, which clearly appears through the writings of international novelists, as it is a language characterized by art, creativity and beauty.  He also stressed that the Arabic language is distinguished by the passion for learning, a fact that is not found in other languages.   This was followed by a speech delivered by the Iraqi calligrapher, Mr. Adel Al-Hadi, who spoke about the emergence and development of Arabic calligraphy.  The symposium included a presentation of the works by calligrapher Adel Al-Had, which combined between the aesthetics of traditional calligraphy and the contemporary artistic vision using shaping and decoration techniques.

 

The international designer, Ms. Hana Sadiq, also took part in this festivity, and reviewed the role of the Arabic letter in the beauty of fashions, and displayed a number of designs which reflected the beauty of the Arabic letter that transformed the designs into breathtaking artistic paintings executed on clothing fabrics, gracefully integrating the modern design with heritage elements.  The event also included poetic verses by an outstanding Iraqi student, Zumurrud Saib.

 

The event was attended by IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, and a number of IBC members, and on the Iraqi Embassy side, it was attended by H.E the Charge D’ Affaires, Mr. Munif Ali Hussein, the Cultural Advisor, Dr. Khei Al-Din Al-Amin, a number of the Embassy diplomatic staff, and a large crowd of academics, intellectuals, media people, television channels, IBC CEO and staff.

IBC Members Meet with Aqaba Port Containers Company & Aqaba Logistics Village

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Members of the Iraqi Business Council including IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, Mr. Ahmad Al-Amili, Mr. Muhammad Shanshal and IBC Director General met on Thursday December 7th 2023 with the delegation of Aqaba Port Containers Company represented by its Director General, Mr. Ehab Rawashdeh, Mr. Khattab Al-Maani (Commercial Division), Aqaba Logistics Village represented by its Director General, Mr. Hakam Abu Al-Filat, and Commercial Director, Mr. Yazan Al-Jalamdeh at IBC offices / 3rd floor.

 

During the meeting, Dr. Saad Naji welcomed the guests and reviewed the economic program of the Iraqi Business Council and its activities, which are held to enhance cooperation between Iraq and Jordan.  In his speech, Dr. Naji affirmed the importance of the Port of Aqaba in the transit trade to Iraq, and the need to provide facilities to Iraqi traders and encourage them to export through the Port.  IBC members also stressed the need to address issues relating to customs tariff, tax exemptions during export and re-export through the Port of Aqaba.  For his part, the Director General, Mr. Hakam Abu Al-Filat, confirmed readiness of Aqaba Port Containers Company and Aqaba Logistics Village to provide the best services to traders to increase export and transit trade to Iraq through the Port of Aqaba as it was in 2014, which amounted to 30%, while today it constitutes less than 1%.  Agreement was reached to hold periodic meetings between the two sides to improve the quality of services rendered by Aqaba Port Containers Company and Aqaba Logistics Village.

IBC Holds Its Seventeenth Ordinary General Assembly Meeting

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We would advise you that quorum has been reached in the Seventeenth Ordinary General Assembly meeting, which was held at 1:00 pm Monday November 6th 2023 on IBC Hall – Swefiya – 1st floor.

The meeting was attended in person or counsel by more than half of IBC members.  During the meeting, the financial statements for 2022, annual report and membership status were discussed, and the articles listed on the meeting agenda were unanimously approved.

On this occasion, I personally, and on behalf of members of the Council Board, would extend my sincere thanks to our members who participated in the Seventeenth Ordinary General Assembly Meeting who attended in person or by sending their authorizations, wishing them

success and prosperity.

The Iraqi Trade Minister, Mr. Atheer Al-Ghurairi, Meets with IBC Members

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IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, and a number of IBC members including; Board member Engineer Mekki Al-Faiz, and members; Mr. Ahmad Al-Amili, Mr. Aqeel Al-Hadi, Mr. Muhammad Shanshal, Mr. Maytham Al-Bolani, in addition to IBC Director General, met on Wednesday October 18th 2023 with HE the Iraqi Trade Minister, Mr. Atheer Al-Ghurairi, at Amman Fairmont Hotel, in the presence the Iraqi Trade Attaché, Mr. Nabil Al-Karbouli, and the Iraqi Embassy Advisor, Mr. Muhannad Al-Azzawi.

At the beginning of the meeting, Dr. Saad Naji welcomed the Iraqi Minister of Trade and guests, reviewing the role of the Iraqi Business Council in Jordan in supporting investors, facilitating their businesses, and encouraging investment in Iraq.  He also highlighted several obstacles facing investors and businessmen in Iraq including the slow procedures pertaining to the registration of companies and granting entry visas to Iraq to experts and personnel of companies working in Iraq.

The present members also discussed the Product Protection Law and the list of products covered by this Law, which negatively impacted the economic activity practice in the Iraqi market, as well as the slow registration process of lands designated for investment.

For his part, the Iraqi Trade Minister, Mr. Atheel Al-Ghurairi, welcomed IBC members, expressing his readiness to address all obstacles encountering the  investor, whether in the industrial or other sectors, communicate their observations to the Prime Minister’s office directly, and coordinate with all ministries to overcome these obstacles.

Mr. Al-Ghurairi responded to the remarks of IBC members pertaining to companies’ registration, elaborating that registration procedures presently take less than 20 days to finalize.  Mr. Al-Ghurairi communicated with the Director General of Companies Registration Department in Iraq, who confirmed that swift and easy companies’ registration procedures are currently being adopted in Iraq, and that companies registration will be performed electronically in the near future. whereas an investor or businessman will be able to visit the website to register a company and acquaint himself with the required procedures.

The Minister also communicated with the President of the Investment National Authority, Dr. Haider Mekkiya, and presented his recommendations concerning facilitating and accelerating procedures pertaining to the registration of lands designated for investment ensuring healthy business environment for the investor.

During the meeting, Mr. Al-Ghurairi promised to facilitate granting visas to investors,  businessmen and companies’ personnel, calling on IBC to provide any comments that would enhance business and investment in Iraq.

At the end of the meeting the two sides exchanged thanks on organizing the meeting.

IBC Deputy Chairman & Secretary-General Meets with the President of Jordan & Amman Industry Chambers to Discuss Means of Enhancing Economic Cooperation

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IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, met on Thursday October 12th 2023 with the President of Jordan and Amman Chambers of Industry, Engineer Fathi Al-Jaghbir, and a number of the Chambers’ members at the offices of the Chamber of Industry.  During the meeting, means of enhancing economic cooperation were discussed, as well as obstacles facing the Jordanian industrial companies involved in export and investment in Iraq.  During the meeting, new investment opportunities available in the Iraqi markets, as well as success stories realized by several Jordanian investors in several sectors were discussed.  The participants also discussed holding an economic meeting to promote networking between the economic sectors in Iraqi and Jordan, and benefiting from the available trade, industrial and investment opportunities, and enhancing the economic integration between Jordan and Iraq.  The meeting was attended by HE Muthanna Al-Gharaibeh, the Director General of Jordanian Banks Association – Mr. Mahir Al-Mahrooq and IBC Director General.

IBC Deputy Chairman & Members Participate in the First Jordanian – Iraqi Banking Meeting Held in the Banking Association

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IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, and IBC members participated on Sunday October 1st 2023 in the First Jordanian – Iraqi Banking meeting, which was held under the patronage of the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, and the Governor of the Central Bank of Iraq, Mr. Ali Muhsin Al-Allaq, in the offices of the Jordanian Banks Association in Amman.  The Minister of Industry and Trade, HE Yosuf Al-Shemali, Minister of Digital Economy & Entrepreneurship, HE Ahmad Al-Hanahdeh, Minister of Investment and HE Mrs. Khuloud Al-Saqqaf, participated in the meeting, in addition to the Jordanian Ambassador to Iraq, Mr. Muntasir Al-Okla, Head of the Jordanian Banks Association, Mr. Basim Khalil Al-Salim, Head of the Private Iraqi Banks Association, Mr. Wadie Al-Handal, and a number of Chairmen of Banks, Unions, and Trade Chambers in Jordan and Iraq.  On the sidelines of the meeting, the Jordanian Banks Association signed a memorandum of understanding with its counterpart; the Iraqi Private Banks Association, to enhance cooperation between the two entities in a way to serve interests of the two banking sectors in both countries.  The meeting was attended by IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, and IBC members; Mr. Turkey Al-Qaisi, Mr. Atheer Al-Qadi, Mr. Ghaith Al-Bayaideh, Mrs. Niran Al-Hakim and IBC Director General.

IBC Hosts the Presentation & Signing Ceremony of Mudaffar Al-Nawab’s Book “The Journey of Violet” by The Prominent Arab Thinker Dr. Abdul Hussein Shaban At Amman Royal Hotel

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In the presence of the Head of Iraq’s mission, Mr. Muneef Ali Hussein, IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, IBC Deputy Chairman, Mr. Nazar Awji, Board member, Dr. Osama Al-Quraishi, and a crowd of dignitaries, academics, cultural and media elites, and a number of representatives of diplomatic missions in Amman, and sponsored by the Iraqi Business Council’s Cultural Program “Ibdaa”, (Dar Al-Nahar) for Publishing & Distribution (Beirut – Lebanon) and Amman Royal Hotel, the presentation and signing ceremony of Mudaffar Al-Nawab’s “the Journey of Violet” Book by the prominent Arab intellectual, Dr. Abdul Hussein Shaban, was held on Monday September 25h 2023 at Amman Royal Hotel.  The book included the thoughts and reflections of Dr. Abdul Hussein Shaban on the most prominent stages of the famous late Iraqi poet Mudaffar Al-Nawab’s life.  At the beginning of the ceremony, the guests were welcomed, and the event was steered by poet and journalist Dr. Nawal Al-Hawar, where the following dignitaries talked; poetess, novelist and translator, Mrs. May Mudaffar – Iraq, former Minister of Cultural & Interior, HE Samir Al-Habashneh- Jordan, and former Governor of Beirut, Judge Ziyah Shabib – Lebanon, and member of the Palestinian National Council, writer and political analyst, Mr. Hamada Al-Faraneh – Palestine.  Dr. Abdul Hussein Shaban also talked about the most important contents of his book; the first section (Mudaffar Al-Nawab – inspired by the Berlin Evening), second section (Mudaffar Al-Nawab Flickers in Our Conscience), third section (Mudaffar Al-Nawab & the Brecht Wall), fourth section (A Note by Al-Mutair; Dr. Hassan Shaban; Hooks Writer.. The Rhythms of Fantasy & Colors of Its Decoration in the Poetry of Mudaffar Al-Nawab), and the fifth section (Selections from Mudaffar Al-Nawab’s Poetry (The Poetic Taste).  Dr. Abdul Hussein Shaban is one of the most prominent Arab intellectuals and writers, he has major contributions in the development of the cultural and intellectual fields in the Arab World.  His works are also considered significant references in the cultural studies in many reputable universities and institutions.

At the end of the ceremony, Dr. Saad Naji, Mr. Nazar Awaji and Dr. Osama Al-Quraishi presented the prominent Arab intellectual, Dr. Abdul Hussein Shaban, with the Shield of Creative Work, the icon of IBC’s (Ibdaa) Cultural Program (the Tree of Life) in appreciation of the role of Dr. Abdul Hussein Shaban in enriching the intellectual and cultural content in the Arab World.

IBC Deputy Chairman & Secretary-General & IBC Members Participate in a Conference on Promoting Direct Foreign Investment in Jordan & Iraq

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At the invitation of the Regional Manager of the International Finance Corporation (IFC), Mr. Aftab Ahmad, and the Deputy Chairman of the Multilateral Investment Guarantee Agency (MIGA), Mr. Ethiopian Tafara, of the World Bank Group, IBC Deputy Chairman & Secretary-General and IBC members participated Monday September 11th 2023 in the Conference on Promoting Direct Foreign Investment in Jordan and Iraq, which was held at Amman Four Seasons Hotel.  On the Jordanian Government side, the Conference was attended by; H.E Minister of Planning & International Cooperation, Mrs. Zena Touqan and H.E Minister of Investment, Mrs. Khuloud Al-Saqqaf, and on the Iraqi side, H.E Advisor of the Iraq Prime Minister for Investment Affairs, Mr. Muhammad Al-Najjar, the Director General of the Department of Investments & Foreign Transfers in the Central Bank of Iraq, Dr. Mazin Sabah Ahmad, and a number of officials in Iraqi and Jordanian Ministries.  Also, the Conference was attended by a large number of CEOs and representatives of international bodies and institutions and United Nations Agencies concerned in economic affairs in Jordan and Iraq.

During the Conference, IBC presented a study prepared by IBC Deputy Chairman & Secretary General, Dr. Saad Naji, on the volume of Iraqi investment in Jordan, the first part of which discussed the volume and diversity of Iraqi investment in Jordan, while the second part of the study dealt with the obstacles and issues of concern facing the Iraqi investor in Jordan and the third part of the study highlighted the challenges encountering the Iraqi – Jordanian economic integration.  IBC members; Mr. Hadi Al-Bahrani and Mr. Faisal Al-Sadoun participated in the Conference first dialogue session, which was steered by the Regional Manager of the Multilateral Investment Guarantee Agency (MIGA), Mr. Aftab Ahmad, which discussed solutions to reduce risks for private sector investments in Iraq and Jordan, the economic reforms adopted by Jordan and Iraq to attract direct foreign investment, the challenges facing investors and the procedures adopted by the governments of the two countries to address such.

 

Attendees on IBC sides:

 

  • Deputy Chairman & Secretary-General, Dr.Saad Naji.
  • Board member, Mr. Khalil Al-Buniyya.
  • Board member, Mrs. Tamara Daghistani.
  • Member, Engineer Turkey Al-Qaisi.
  • Member, Mr. Hadi Al-Bahrani.
  • Member, Mr. Faisal Al-Sadoun.
  • Member, Mr. Ahmad Al-Amili.
  • Member, Mr. Aqeel Al-Hadi.
  • Member, Mr. Muhammad Shanshal.
  • Member, Mrs. Niran Al-Hakeem.
  • Member, Mr. Muhammad Turkey Al-Qaisi.
  • And a number of CEOs of IBC member companies, IBC CEO and staff.

Iraqi Business Council community partnership with GITEX GLOBAL

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