Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. "I Want to Make Iraq Great Again": Trump's New Slogan for Iraq and What It Means Savaya's "Make Iraq Great Again" echoes Trump's signature slogan, signaling a bold U.S. push to reshape Iraq's political […]
By John Lee. The Governor of the Central Bank of Iraq (CBI) and Chairman of the Iraqi Payments Council, Mr. Ali Mohsen Al-Allaq, chaired the regular meeting of the National Payments Council at the Bank's headquarters. The meeting was attended by Council members, including senior officials from the Central Bank, representatives of ministries and government […]
By John Lee. The Iraq National Housing Policy 2025-2030 sets out plans to strengthen private sector participation in housing finance through Policy 3.4, which focuses on providing facilities for government-subsidised housing loans to enable private lending. The sub-pillar, titled "Increase the Ability of Private Banks to Provide Affordable Loans," addresses the limited role of Iraq's […]
By John Lee. Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein met on Monday, 20 October 2025, with Gelsomina Vigliotti, Vice-President of the European Investment Bank (EIB), at the Bank's headquarters in Luxembourg. The discussions focused on strengthening economic cooperation between Iraq and the EIB and expanding partnership in the fields of development […]
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, along with the Deputy Governor of the Central Bank of Iraq (CBI) and their accompanying delegation, participated in the annual meetings of the World Bank Group and the International Monetary Fund (IMF), held in Washington from 13th to 18th October 2025. The meetings focused on […]
From the Iraq Britain Business Council (IBBC): IBBC Autumn conference 'Gateway to Iraq' Basrah is the physical and symbolic gateway to Iraq, with ports for export and import and the impressive massive new Al Faw port, with links into Iraq. There are plans to build freeports for businesses and communities along the development road to […]
By John Lee. Delta Informatics, based in the Jordanian capital Amman, has won a contract with the International Labour Organization (ILO) for, "Procurement of MIS for The Iraqi Company for Bank Guarantees (ICBG)" Description (RFP/28/2025/JOG/HQ): "The International Labour Organization (ILO) is seeking a qualified technology solution providers to propose a comprehensive, scalable, and secure Management […]
By John Lee. The Central Bank of Iraq (CBI)'s Mosul branch, represented by Director General Dr Hussein Lazem, participated in the "Informatics, Digitalisation, and Their Impact on Sustainable Development" conference organised by the College of Administration and Economics at the University of Kirkuk. The event featured several research papers and studies, including two submitted by […]
By John Lee. The Administrative Deputy Minister of Trade, Sattar Al-Jabri, met representatives of Euler Hermes, the German export credit agency, to discuss ways to support and encourage German investment in Iraq. The meeting was held at the Iraqi Embassy in Berlin on the sidelines of the Iraq Economic Conference, in the presence of the […]
By John Lee. An Iraqi government spokesman has said Iraq views recent US sanctions against Iraqi enities, including the Muhandis General Company [Sharakat al-Muhandis al-Amma], as "deeply regrettable," describing it as a unilateral action that contradicts the spirit of friendship and mutual respect between the two countries. Basim Alawadi added that the Prime Minister has […]
By John Lee. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US sanctions, smuggle weapons, and engage in corruption through networks operating in Iraq. According to a statement from OFAC, the designations target Iraq-based financial and […]
By John Lee. The Central Bank of Iraq (CBI) Governor, Ali Mohsen Al-Allaq, met in Baghdad with the Representative of Institutional Clients and International Transaction Banking at Germany's Commerzbank, to explore avenues for strengthening bilateral financial cooperation. Discussions focused on expanding banking relations between Iraqi banks and Commerzbank to support economic activity and deepen financial […]
