Tag Archives | Central Bank of Iraq (CBI)

Iraq Business News brings you the latest news from the Central Bank of Iraq (CBI). Subscribe for regular CBI Iraq updates, including Iraqi Dinar Revaluation and Investment news.

IBBC holds Iraq’s First Int’l Tech Conference in Baghdad

The Iraq Britain Business Council (IBBC) held Iraq’s first International Tech Conference in Baghdad at the Babylon Rotana Baghdad Hotel on 30 April, hosting government ministers, private industry, entrepreneurs, investors, and representatives from the leading UK and Iraq Tech companies. The purpose of the Conference was to drive confidence, investment and awareness of the power […]

Iraq – Financing a Modern Economy

IBBC Spring Conference 2019 Iraq – Financing a Modern Economy 10 April, The Mansion House, London The Iraq Britain Business Council (IBBC) invites you to attend its Ninth Annual Conference at the Mansion House on the 10th of April. This year’s conference is organised in partnership with the Central Bank of Iraq and the Iraqi […]

Iraq – Financing a Modern Economy

IBBC Spring Conference 2019 Iraq – Financing a Modern Economy  10 April, The Mansion House, London The Iraq Britain Business Council (IBBC) invites you to attend its Ninth Annual Conference at the Mansion House on the 10th of April. This year’s conference is organised in partnership with the Central Bank of Iraq and the Iraqi […]

Convictions in $600m Dinar Fraud

The co-owners and chief operating officer of one of the largest Iraqi dinar exchangers in the United States were convicted last month by a federal jury following a five-week trial. Tyson Rhame, James Shaw, and Frank Bell were each convicted of mail and wire fraud conspiracy, as well as multiple counts of mail and wire […]

Iraq’s Foreign Reserves top $60bn

By John Lee. The Central Bank of Iraq (CBI) has announced that the county has foreign reserves exceding 60 billion dollars. In a statement on Wednesday, the bank said the reserves are “a result of the fiscal and monetary policies adopted by the Central Bank over the past years to stabilize the general financial situation, […]

Iraq issues new Banknote Designs

By John Lee. The Central Bank of Iraq (CBI) has released a series of new banknote designs, which will enter circulation next week. According to a report from Rudaw, the notes are intended to modernise the currency and better reflect the nation’s heritage and diversity. It adds that the CBI does not plan to recall […]

“Steady Increase” in the Iraqi Dinar

By John Lee. There has been a steady increase in the market price of the Iraqi Dinar (IQD) versus the USD, according to an Iraq Business News Expert Blogger. In his market report for the month of June, Ahmed Tabaqchali said the premium over the official exchange rate has fallen to 1.2 percent, the lowest […]

Newtechnic wins Contract for new Central Bank of Iraq

By John Lee. Newtechnic, which describes itself as a world leader in building engineering technology, has reportedly won the contract to design the facade and oversee the co-ordination and construction of the new Central Bank of Iraq (CBI) building in Baghdad. According to New Civil Engineer, the building, designed by Zaha Hadid Architects (ZHA), will […]

Market Review: Market Consolidates & Banks Correct

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market’s consolidation continued for the second month running with both turnover and the market continuing to decline. Average daily turnover declined by about -57% […]

Iraq Targets Terrorism Financing with Blacklist

By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The UN’s committee overseeing sanctions on the Islamic State and al-Qaeda has approved an Iraqi request to include Al-Kawthar Money Exchange and its owner Umar al-Kubaysi, as well as Salem Mustafa Mohammed al-Mansour, aka […]