Archive | Iraq Banking & Finance News

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

Taif eWallet shakes up Iraqi finance

By Robert Tollast Recently, a friend at Fikra Space, the pioneering Iraqi hackerspace group, emailed me some news that could have far reaching effects in Iraq. On the face of it, it probably seems like a fairly mundane development. Ideal Payments, the electronic payment providers, have partnered with Belgium based Monniz and Iraq's Taif Money […]

Currency Auction Results, 7th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $130,433,092 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 6th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 33 banks and 15 remittance companies took part in its currency auction on Monday. A total of $135,228,418 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Ideal Payments Launches Mobile App in Iraq

Banking Technology reports that Ideal Payments has teamed with Taif Money Transfer to launch Iraq’s “first” mobile payments app – Taif eWallet. The platform aims to create a “holistic payments ecosystem” used by multiple agents in the economy including retail merchants, ecommerce platforms, private companies, and government institutions. Ideal Payments’ local partner, Taif Money Transfer, […]

Currency Auction Results, 5th Sept

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $127,474,300 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 31st Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 15 remittance companies took part in its currency auction on Wednesday. A total of $133,884,851 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 30th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 30 banks and 15 remittance companies took part in its currency auction on Monday. A total of $125,837,738 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 29th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 15 remittance companies took part in its currency auction on Monday. A total of $133,530,024 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 11th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 32 banks and 16 remittance companies took part in its currency auction on Thursday. A total of $154,014,920 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 9th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 27 banks and 16 remittance companies took part in its currency auction on Tuesday. A total of $119,656,855 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 8th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 16 remittance companies took part in its currency auction on Monday. A total of $142,501,527 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)

Currency Auction Results, 7th Aug

By John Lee. The Central Bank of Iraq (CBI) has reported that 31 banks and 16 remittance companies took part in its currency auction on Sunday. A total of $139,049,987 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)