Iraq Business News brings you the latest Iraq banking & finance news, with information on developments and opportunities.
By John Lee. The Iraqi government has signed a one-billion-dollar loan with the United States to "[assist] Iraq to achieve victory in its battle against IS, and to realize economic reform". Stephanie William, the U.S. Embassy's Chargé d'Affaires and Fadhil Nabi, the Iraqi Deputy Minister of Finance signed the agreement in Baghdad on Thursday. The […]
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)
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)
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, […]
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)
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 […]
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 […]
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 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 […]
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 […]
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)
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)
