Updates, News & Events

Iraq Business Enviroment

IBBC hosted a two-day retreat with distinguished guests such as Dr Barham Salih, the former President of Iraq; former Deputy Prime Minister and Finance Minister, Dr. Ali Allawi; and H.E Mr Razaq Muhaibis Al Sadawi, Minister of Transport, on 23rd -25th September at...

Arbitration – Iraq

Multilateral conventions relating to arbitration Is your jurisdiction a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards? Since when has the Convention been in force? Were any declarations or notifications made...

Rasmi Al Jabri Award of Excellence 2024

Hadeel Hasan: From Statistics Whiz to Legal Leader Hadeel Hasan is a testament to the power of ambition and resilience. With a degree in statistics, she began her career at a prestigious government institution, excelling quickly. However, her sights were set on a...

Legal Precedent by Al-Hadeel Al-Hassan Law Firm Re-trials Foreigner Convicted of Fraud Involving Billions of Iraqi Dinars and Releases Him

Legal Precedent by Al-Hadeel Al-Hassan Law Firm Re-trials Foreigner Convicted of Fraud Involving Billions of Iraqi Dinars and Releases Him Lawyers from Al-Hadeel Al-Hassan Law Firm were able to persuade the competent courts and the Public Prosecution Presidency to...

Waiver of all penalties and interest accrued on income tax for all taxpayers in Iraq

Our Dearest Business Partner: We are writing to inform you of a significant development regarding tax liabilities in Iraq, as per the Council of Ministers Resolution No. 24074 dated January 23, 2024. This new legislation provides a potentially beneficial opportunity...

Exploration and Production Iraq’s Round 5(+) and 6 Licensing Rounds

Exploration and Production Iraq’s Round 5(+) and 6 Licensing Rounds Since the Iraqi upstream sector opened to private sector investment in 2008, the country has added over 2 million barrels per day of oil production. To support the country’s continued economic...

Round Table Meeting with the International Finance Corporation

Round Table meeting with the International Finance Corporation Part of the March 3rd, 2024, round table meeting with Ms. Héla Cheikh Rouhou, Vice-President, Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan (MCT) at International Finance Corporation (IFC)....

IBBC trade mission 2024 – Baghdad

IBBC Trade Mission Delegation - 2024 Delegations meet with ministers and high-ranking officials to discuss future policies and opportunities for growth as well as focusing on business opportunities. Part of the March 3rd, 2024 meeting with HE Mr. Mohammed...

2024 Trade Mission – IBBC

IBBC regularly undertakes trade missions to Iraq to further the business interests of its members and to facilitate dialogue with influential Iraqi political and industry figures. Delegations meet with ministers and high-ranking officials to discuss future policies...

Success Story – New Achievement

We are pleased to announce our recent success in a significant case for one of our clients; a company owned 99.8% by one of the Iraqi banks. Through the continuous effort, dedication, and expertise of our legal team, a decision was reached in favor of our client in...

Success Story – New Achievement

We are pleased to announce our recent success in a significant case for one of our clients; a company owned 99.8% by one of the Iraqi banks. Through the continuous effort, dedication, and expertise of our legal team, a decision was reached in favor of our client in...

The New Social Security Law No. 18 of 2023 in Iraq

Understanding the New Social Security Law No. 18 of 2023 in Iraq: Key Insights on Contributions of Oil and Gas Employers As Iraq continues to reform its legal system to better support its workforce, Social Security Law no. 18 (SS Law) enacted in 2023 is an important...

Kingdom of the Netherkands

We are pleased to announce the signing ceremony today for the Legal Framework with the Embassy of the Kingdom of Netherlands in Iraq. Hadeel Hasan-Iraq #iraq #netherlands

Real Estate Registration for Legal Entities in Iraq

Understanding Real Estate Registration for Legal Entities in Iraq   Chapter IV, entitled "Registration in the Name of the Legal Person," of Chapter Two of the amended Real Estate Registration Law No. 43 of 1971, governs the registration process for real estate in...

Speech at the First Conference of the Industry Advisory Board of 2023

Proud to announce Ms. Hadeel's participation in the First Conference conducted by the Iraqi Industry Advisory Board at Gilgamesh National University; the speech discussed the challenges that face newly graduated lawyers in the Iraqi Market and the need to develop a...

Workers’ Retirement and Social Security Law No. 18 of 2023

Legal Update – Workers’ Retirement and Social Security Law No. 18 of 2023   Update: The Workers’ Retirement and Social Security Law No. 18 of 2023 (“Law”) has been issued in Iraq in 109 articles, to come into effect on 26 November 2023. The following are the most...

The amending regulation (No. 4 of 2023)

Iraq under the provisions of branches regulations order No. (2) of 2017 as amended by order 4 of 2023 (“Order”). The key changes that the 2023 amendment applied to the Order are: The term “foreign company” that is recognized under the Order to open a branch was...

Lexology GTDT Construction 2024 – Iraq

Our Firm is pleased to announce the publication of the Construction 2024 – Iraq Chapter for the Third year in a row. The main concern would be the listenability of the business – whether it was carried out by an individual designer or contractor or by an entity – as...

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