Archive | Iraq Banking & Finance News

Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.

Budget Should Be Ready 3 Months Ahead of FY – Think-tank

The government should submit the budget three months before the beginning of fiscal year (FY), the Iraqi Institute for Economic Reform recommended on Saturday. “The recommendations will be submitted to government and parliament to adopt them,” Manaf al-Saaigh, the Institute’s director, told Aswat al-Iraq news agency. He said that the recommendations stressed that international transparency […]

Iraq VP Urges Civil Society Organizations to Help Achieve Sustained Development

Iraq Vice President Adel Abdulmahdi has stressed the role of civil society organizations in achieving a long-term sustained development in the country. This came during his speech at a development conference held in Diwaniya, which was attended by Aswat al-Iraq news agency. “Cash and financial capabilities must be developed to achieve a real sustained development […]

10 Thousand Part-time Jobs during Election

The Iraqi Ministry of Labor and Social Affairs announced that 10,000 part-time jobs have been offered in coordination with the Independent High Electoral Commission (IHEC) in Iraq. A source from the Ministry told Aswat al-Iraq news agency that the information presented by each unemployed candidate has been checked by the Ministry.

Middle East Firms Build Up Operations in Iraq

While Western firms notch up high-profile deals in Iraq, smaller regional companies from Iran to Turkey are quietly building a broader Iraqi presence by pumping billions of dollars into housing and other projects. Pledges by companies to invest in Iraq are suddenly taking off as violence falls sharply and the government seeks help to rebuild […]

Finance Minister and MP Review 2010 Budget

Finance Minister Baqer al-Zubaidi reviewed with chairman of the parliament’s finance committee the 2010 general budget, according to a Ministry’s statement. “The minister received on Monday (Dec. 14) Alaa al-Saadon and discussed with him the 2010 general budget and measures taken by the Ministry to answer the committee’s questions and inquiries,” said the statement received […]

US$ 70 Billion for Prompt Investment Projects

Arab League issued a press statement in which it revealed of Iraqi Acting Trade Minister Safa’ Al-Deen Al-Safi announcement of putting forth prompt developing projects for investment with an amount of US$ 70 billion. For his being the head of the ministerial Arabic side that participated at the Arabic-Japanese economic forum that would start its […]