Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US agrees to ship more dollars to Iraq, PM says The US has agreed to increase shipments of physical dollars to Iraq, prime minister Ali Al-Zaidi […]
By John Lee. Progress on Japanese loan-funded port development projects in Iraq has been reviewed at a meeting between the General Company for Ports of Iraq (GCPI) and representatives of the Japanese loan authority. The meeting was chaired by GCPI Director General Abdullah Ati Abdullah. According to the Ministry of Transport, discussions covered completion rates […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad's Reported IMF Loan Request Complicates Zaidi's No-Borrowing Pledge A recent pledge from the International Monetary Fund (IMF) to help finance Iraq's government has put Iraqi Prime Minister Ali Al-Zaidi's economic policy in […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Domestic Debt Surpasses 113 Trillion Dinars Domestic debt grew by nearly 23 trillion dinars in the first eight months of 2026, driven by Finance Ministry drawings on the Central Bank, while foreign currency […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Dinar's Devaluation: Context and Near-term Outlook On October 7th, the Central Bank of Iraq (CBI) devalued the Iraqi dinar (IQD) by 13.3% against the U.S. dollar […]
By John Lee. Rafidain Bank has been directed to launch employee loans, streamline application procedures, and expand financing for the private sector. Finance Minister Faleh Sari issued the instructions during a visit to the bank on Monday, where he chaired a meeting with Director General Dr. Ali Karim and senior officials. During the visit, Sari […]
By John Lee. Iraq's banking sector has been playing an active role in supporting small and medium-sized enterprises (SMEs) through direct lending and backing for entrepreneurship platforms, according to the Iraqi Private Banks League (IPBL). Ahmed Al-Hashimi, Deputy Executive Director of the IPBL, made the remarks at a workshop titled "Programme for Creating Long-Term Opportunities […]
By John Lee. A new electronic system for replacing damaged banknotes has been introduced by the Central Bank of Iraq (CBI), allowing citizens to submit replacement requests online through the Ur portal According to the CBI, users can enter the required data and submit their applications via the platform at currency.app.cbi.iq, after which the bank's […]
By John Lee. The US Department of the Treasury has sanctioned Iraq-based International Development Bank for Investment and Finance (IDB) as part of an operation targeting Iran's international financial networks. According to the Treasury, IDB was designated under Executive Order 13902 for operating in the financial sector of the Iranian economy. The Treasury alleges that […]
By John Lee. New restrictions on dollar travel allowances for Iraqi travellers take effect on Sunday (18th October). According to the Central Bank of Iraq (CBI), travellers will be permitted to purchase up to $2,000 every two months, with a maximum of six times per year. The bank said the measure is intended to regulate […]
By John Lee. A delegation of Chinese companies specialising in investment, banking, and trade has met with Iraq's Minister of Trade to discuss potential partnerships and economic cooperation. The delegation presented a range of proposals and projects relating to investment, business development, and partnership frameworks. The meeting emphasised the importance of engaging with international investment […]
From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC Appoints Two New Advisory Council Members IBBC values the experience and wisdom of advisory council members in guiding our insights and understanding of Iraq and contextualising international affairs. […]
