By John Lee. The Kurdistan Regional Government (KRG) has suggested establishing a special area for Jordanian industries in the region. Aswat al-Iraq reports that during the visit of 42 Jordanian businessmen and exporters, discussions were held to enhance private sector trade relations. The visit was organized by Jordanian Capital Bank, the fourth in Jordan, with […]
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Iraq Banks Told to Raise $7 Billion
The Central Bank of Iraq has instructed private banks to raise at least $7 billion in fresh capital over the next three years to be able to handle an expected oil-fueled construction boom, according to the Wall Street Journal. Ahmed Ibraihi, Vice Governor of the Central Bank of Iraq, told the newspaper on Wednesday that […]