By John Lee. According to Jordan's state-run Petra news agency, financial and banking experts and representatives of international financial institutions convened on the sidelines of the 2026 Franchise and Trade Agencies Exhibition in Amman to discuss expanding economic cooperation between Jordan and Iraq. The dialogue session, titled "Financing Mechanisms, Banking Facilities and the Role of […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) has revised its forecast for Iraq's real GDP growth downward, projecting a contraction of 1.5 per cent for 2026, down from a February estimate of 3.6% growth for the year. According to the EBRD's June forecast, the figures for Iraq are as follows: 2024 […]
By John Lee. Iraq's Ministry of Finance has held talks with the European Bank for Reconstruction and Development (EBRD) on financial and technical cooperation and support for development priorities in Iraq. Finance Minister Falah Sari received EBRD Iraq Country Head Katarina Bjorlin Hansen on Sunday to discuss the outlook for collaboration. The minister said the […]
By John Lee. The European Bank for Reconstruction and Developmen (EBRD) has launched its first-ever investment in Iraq, providing a US$100 million trade finance facility to the National Bank of Iraq (NBI), the country's largest private bank. The facility, extended under the EBRD's Trade Facilitation Programme (TFP), will support Iraq's import and export activity by enabling […]
From the European Bank for Reconstruction and Development (EBRD): The European Bank for Reconstruction and Development (EBRD) is welcoming Iraq as a country of operation. In parallel, Catarina Bjorlin Hansen has been appointed as the Bank's first Head of Iraq. Ms Bjorlin Hansen will be responsible for EBRD investments and operations in the country and report […]
From the Iraq Britain Business Council (IBBC): IBBC hosts 40 Iraq SMEs at UK Trade conference IBBC team brought over 40 Iraqi SMEs to a bespoke conference in London's Clayton hotel in Chiswick, presenting how to 'Trade with and Invest in the UK ', The IBBC Baghdad team arranged for several high-profile speakers covering all […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) is set to commence operations in Iraq this September, following the country's accession to the European Union Bank. Ali Mohsen Al-Allaq, Governor of the Central Bank of Iraq (CBI), received an EBRD delegation in Baghdad to discuss the final steps required before operations begin. […]
By John Lee. The European Bank for Reconstruction and Development (EBRD) has amended its statutes, enabling it to expand operations into sub-Saharan Africa and Iraq. According to a statement from the bank, this pivotal change redefines the Bank's geographic remit and follows approval by its Board of Governors in 2023. The amendment will formally take […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has met a delegation from the European Bank for Reconstruction and Development (EBRD), headed by the bank's President, Ms. Odile Renaud-Basso. The Prime Minister expressed his appreciation for the bank members' approval of Iraq's accession in October of last year. He highlighted the importance of partnership with […]
By John Lee. Earlier this week, Mr. Abdul Razzaq Al-Zuhairi, President of the Federation of Iraqi Chambers of Commerce (FICC), received a delegation from the European Bank for Reconstruction and Development (EBRD) at the Federation's headquarters. The delegation was led by Dr. Heike Harmgart, the EBRD's Managing Director for the Middle East, and included His […]
By John Lee. Iraq has become the latest member of the European Bank for Reconstruction and Development (EBRD). The bank recently approved amendments to its statutes to enable the limited and incremental expansion of its operations to Iraq. Full statement from EBRD: Iraq has become the latest member of the European Bank for Reconstruction and […]
By John Lee. Iraqi Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD). The meeting focused on ways to enhance bilateral relations between Iraq and the bank, with a focus on strengthening the private sector in Iraq and digitizing the […]
