Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By John Lee. Nasdaq and the Iraq Stock Exchange (ISX) have announced today the successful on-schedule go-live of the X-stream Trading technology, which replaced the existing Horizon platform. Nasdaq has delivered trading technology to ISX since 2007. The X-stream Trading upgrade provides ISX with a widely deployed high-end, multi-asset trading platform that complies with international […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Wednesday. A total of $208,930,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. A lawsuit has been filed in the US against Barclays, Credit Suisse, HSBC, Royal Bank of Scotland (RBS), and Standard Chartered, seeking to hold them responsible for attacks on the US military because their alleged processing Iranian money that financed the attacks. According to a report from Reuters, the lawsuit, filed by wounded […]
By John Lee. The Bank of Baghdad (BOB) has reportedly announced the appointment of Mr. Faisal Al- Haimus as Managing Director. According to Radio Dijla, Mr. Al -Haimus has over twenty years of banking experience with Standard Chartered, HSBC and Mashreq Bank. (Source: Radio Dijla)
By John Lee. The Central Bank of Iraq (CBI) has reported that 12 banks took part in its currency auction on Monday. A total of $126,325,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Middle East Monitor reports that businesses in Jordan are asking the Iraqi government to pay for goods supplied during the Saddam era, amounting to a total of around $522 million (609 Iraqi dinars). The two countries had a commercial protocol during the old regime under which Iraq supplied Jordan with oil at […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Monday. A total of $197,622,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Thursday. A total of $175,643,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Iraqi Finance Ministry has announced that the World Bank plans to send a high-level delegation to Baghdad in the near future. NINA that the Finance Minister, Hoshyar Zebari, met with the World Bank's representative in Iraq, Robert Boujoda, to discuss cooperation between the government and the World Bank. Tthey also reviewed […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 17 banks took part in its currency auction on Monday. A total of $205,334,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 16 banks took part in its currency auction on Thursday. A total of $196,701,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. The Central Bank of Iraq (CBI) has reported that 18 banks took part in its currency auction on Wednesday. A total of $234,456,000 was sold at a price of 1166 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
