ICTI London 2017 at a glance

The Iraq Conference for Trade and Investment (ICTI) highlighted Iraq’s openness for business and is potentially a high return market in which to invest and do business. Commercial opportunities are huge as the country rebuilds its infrastructure and main institutions.

The conference facilitated face-to-face discussions with key decision makers, Iraqi ministers and delegations ready to share their vision and the opportunities that exist in the Iraq market across all the major sectors.

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IRAQ CONFERENCE FOR TRADE AND INVESTMENT (ICTI) London 2017

MILLENNIUM GLOUCESTER HOTEL, LONDON KENSINGTON

DAY ONE : 3 July 2017
DAY TWO : 4 July 2017

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This year, the Embassy of the Republic of Iraq to the UK will launch the first of the IRAQ CONFERENCE FOR TRADE AND INVESTMENT (ICTI). An exclusive, invitation-only event, ICTI London 2017 is the first multi-sector, macroeconomic conference on this key country which will explore how businesses can benefit from the emerging economic synergies and the development of stronger ties between the UK and Iraq.

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Sponsors & Partners

Lead Sponsor

Al Bilad Islamic Bank for Investment and Finance (P.S.C) was established in accordance with the Certificate of Incorporation number (483) dated 6/7/2006. It obtained a license to practice Islamic banking in accordance with the letter of the Central Bank of Iraq/the General Directorate for Banking and Credit Oversight number (9/3/2389) dated 16/10/2006. The bank began its mission in accordance with the rules and provisions of Islamic Sharia on 7/11/2006 and now boasts 16 branches in Iraq as well as an international branch in Beirut, Lebanon, and 17 correspondent banks helping to cover its operations.

Al Bilad Bank aims to provide innovative solutions in banking & finance. We aim to work for our clients in solving all their banking & finance problems in accordance with the provisions of Islamic Sharia, and to develop financial instruments to raise funds in order to participate in investment operations within the framework of a clear, sustainable growth strategy and while applying comprehensive quality standards in all operations.

Al Bilad is a corporate bank designed to assist companies in developing Iraq's private sector with an international branch in Beirut handling all international banking transactions. Its main activities are in the area of trade & project finance, retail banking, venture capital, real estate finance, utility finance, transport finance, leasing finance, money transfer, and foreign exchange services.

Sponsors

Al-Burhan Group is one of the largest and most advanced companies in Iraq, we supply different types of machinery and equipment to the Iraqi market and we are involved in key construction projects within Iraq. Al-Burhan Group is considered a grade “A” company making it one of the few companies in Iraq that is licensed and has the ability to conduct large projects. The past years has seen Al-Burhan Group grow from strength to strength. The Group has received many awards from the Iraqi ministries, two of which being for reliability and quality of service.

Al-Burhan Group integrated a number of leading enterprises in the construction and hospitality sector, which was established in 2003. It united the enterprises historically, becoming one of the largest construction companies in Iraq.

Creation of the Burhan Group was a prerequisite for further development of the enterprises and is compulsory for more successful competition with the world's major companies. Only pooling the individual enterprise' efforts within a single group enables us to meet today's key international requirement.

Crescent Petroleum is the oldest and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in Sharjah, United Arab Emirates with offices in London and throughout the region including Baghdad and Erbil and a continuous presence in Iraq for over 30 years. The Crescent Group has invested over US$2.2 billion in Iraq over the past decade in the energy and infrastructure sectors, with over half of it in the oil and gas industry.

The Company also leads and operates the largest private sector gas operation in the country, in its 10th year of continuous production and fuelling electricity for over 4 million Iraqi citizens. Crescent Petroleum looks forward to building on this solid foundation to expand its operations in all parts of the country in partnership with the Iraqi Government."

BP is a global energy company with a wide reach across the world's energy system, having operations in Europe, North and South America, Australasia, Asia and Africa. BP's operations are concentrated in the upstream and downstream businesses, with globally well-established trading capabilities, access to growing markets and new resources. In 2009, BP became the first international oil company to return to Iraq after a period of 35 years, operating the Rumaila oilfield, along with the South Oil Company, PetroChina and the State Oil Marketing Organization. Rumaila is the second largest oilfield in the world.

Al Busttan Contracting & Supporting Services is one of the leading private sector companies in Iraq's Oil, Gas & Power Industry. We were established in 2012 by local experts with many years experience in the industry. We are headquartered in the heart of the southern oilfields with offices in Baghdad and Erbil. We provide local high skilled manpower to support all your maintenance, procurement, logistic and construction projects and requirements. We remain committed to supporting the responsible rebuilding of our country and aim to continue to play an important role in Iraq's oil and gas industry.

Al Busttan is a privately owned Iraqi company providing services to a variety of clients including Local Government Agencies, Ministry Departments including Water & Electricity and a number of international contractors working within our sector. Al Busttan also has a number of Joint Ventures designed to facilitate international expertise in the rebuilding of Iraq. We are client focused and strive to excel in every aspect of our operations.

GE (NYSE: GE) is the world's Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.

GE in Iraq

GE has over 40 years of presence in Iraq, and supports the country’s infrastructure needs in power generation, oil & gas, water processing, aviation and healthcare, through diversified multi-business solutions and local presence. Today, over 130 GE turbines are in operation in Iraq apart from ongoing agreements to support power generation plants across the country. With three offices in Iraq - in Baghdad, Erbil and the southern oil & gas hub of Basra – GE continues to deliver its latest technology and expertise to local customers. The company has created more than 400 employment opportunities in the country, with nearly 95 percent of them filled by Iraqis.

GE has also been working with regional and international institutions to facilitate financing to help the Government of Iraq execute these and other projects. Since 2016, GE has helped the country secure $2 billion in financing for projects in the energy sector leveraging its global sourcing capabilities coupled with its strong relationships with lenders.

Partners

The Arab-British Chamber of Commerce is a not-for profit membership organisation established in 1975 under the General Union of Chambers of Commerce, Industry and Agriculture for the Arab Countries. The Chamber has a unique function in the promotion of bilateral trade and investment between Britain and the Arab countries. To achieve this we work in close co-operation with government ministries, official trade and investment bodies, Arab diplomatic missions in London, the British Chambers of Commerce, the League of Arab States, leading Arab businesses and Chambers of Commerce in the Arab world.

Our services to business include certification and legalisation of trade documents, customised research and advice, visas, seminars, workshops, conferences, networking opportunities, Arabic-English translations, Arabic language and cultural training, venue hire facilities and quality publications.

The Chamber's distinguishing motto: 'Friendship through Trade' reflects the core aims of our organisation.

Membership is open to all companies, associations and individuals who are involved in, or have an interest in, Arab-British commercial relations.