Archive | Iraq Banking & Finance News

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

Currency Auction Results, 5th Jan

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 17 remittance companies took part in its currency auction on Thursday. A total of $158,915,838 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 4th Jan

By John Lee. The Central Bank of Iraq (CBI) has reported that 30 banks and 17 remittance companies took part in its currency auction on Wednesday. A total of $158,266,383 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

IBBC Celebrates Successful Inaugural Conference in Dubai

More than 180 expert speakers and delegates from the UK, Iraq, UAE and abroad gathered in Dubai at The Address Dubai Marina on Sunday 18 December for the Iraq Britain Business Council’s (IBBC) Autumn Conference. Usually held in London, the well-attended conference marked the first time the IBBC has held an event in the UAE, […]

Currency Auction Results, 28th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 16 remittance companies took part in its currency auction on Wednesday. A total of $169,390,375 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Iraqi-French Business Council Economic Forum

The Iraqi-French Business Council Economic Forum was held in Bagdad on the 1st of Dec. 2016 in its 10th session under the joint patronage of the Iraqi and French governments. The Forum activities opened with a welcoming speech by Dr. Sami Al- Araji, NIC Chairman through which he reviewed the history of establishing the Iraqi […]

Federal Budget Widens Political Conflict among Kurdish Forces

By Ibrahim Malazada for Al Monitor. Any opinions here are those of the author, and do not necessarily reflect the views of Iraq Business News.  On Dec. 14, the Kurdistan Regional Government (KRG) rejected the federal budget for 2017. The government’s statement read, “The budget does not serve the KRG,” and stressed its refusal to […]

Baghdad looks to Trump with Framework Agreement

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  The Iraqi Foreign Ministry announced Dec. 2 the formation of a high-level committee to start implementing the Strategic Framework Agreement (SFA). This reflects Iraq’s readiness for the era […]

Baroness Nicholson – Opening Speech at IBBC Conference

Baroness Nicholson – Opening Speech for the Iraq Britain Business Council (IBBC) Conference on December 18th in Dubai: Welcome to Dubai. IBBC has been aware for many years of the important role that the UAE plays as a regional hub for business and trade through the MENA region and in particular as a regional base […]

World Bank Supports Iraq with $1.5bn Package

New US$1.485 Billion Package to Support Iraq’s Drive to Counter Cost of War, Low Oil Prices The World Bank Group has endorsed a new US$1.485 billion package to support reforms to improve public service delivery and transparency, stimulate private sector growth and support job creation. Iraq continues to face a large humanitarian crisis with 10 […]

Currency Auction Results, 22nd Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 36 banks and 16 remittance companies took part in its currency auction on Thursday. A total of $162,956,998 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 20th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 35 banks and 15 remittance companies took part in its currency auction on Tuesday. A total of $163,091,508 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 18th Dec

By John Lee. The Central Bank of Iraq (CBI) has reported that 34 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $162,846,709 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)