Tag Archives | Trade Bank of Iraq (TBI)

IBBC's Autumn Conference - Open for Business Engagement

IBBC's Autumn conference is back with a bang and open for business engagement. On 22nd November this year the overarching conference topic is looking to the future with 'sustainability'- whether in terms of energy and renewables, the Iraqi economy and its diversification, or sustaining finance, logistics and training. Underpinning much of this is the application […]

Govt Increases Incentives at Bismaya; pays Hanwha $100m

By John Lee. The Iraqi Cabinet has directed Al-Rafidain Bank, Al-Rasheed Bank, and the Trade Bank of Iraq (TBI) to pay $100 million to South Korea's Hanwha Engineering and Construction Company, which is implementing the Bismayah City residential project (pictured). It also agreed to reduce the minimum advance payment for buying housing units at the […]

Three Experts offer advice to Iraq

By Padraig O'Hannelly. A major petroleum conference has heard expert advice on the steps Iraq should take to increase its prosperity and wellbeing. Addressing delegates at CWC/GFEn's Iraq Petroleum conference, held online this week for the first time, Anne-Laure Kiechel, Founding Partner at Global Sovereign Advisory, stressed the importance of fighting illegality in Iraq. She […]

Iraq to Release Frozen Iranian Funds

The Governor of the Central Bank of Iran has said his negotiations with Iraqi officials have yielded "positive" results, as the Arab country has given its approval to the release of Iran's frozen assets for the purchase of basic commodities. In remarks on Monday, Abdolnasser Hemmati said he held a trilateral meeting with Governor of […]

Trade Bank of Iraq names New Chairman

By John Lee. The Trade Bank of Iraq (TBI) has announced that Salem Chalabi [Salem Jawad Abdul Hadi Al-Jalabi] has taken over as the company's Chairman and President with immediate effect. Prime Minister Mustafa Al-Kadhimi appointed the Yale graduate to succeed Faisal Al Haimus, who has been named as head of the Iraq Securities Commission […]

Details of PM's New Appointments to Key Institutions

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kadhimi's Rolling Reshuffle (Part 2): Protecting Iraq's Economic Institutions and Borders On September 14, Baghdad announced a range of strategic leadership appointments for institutions tasked […]

TBI Boss to Head Iraq Securities Commission

By John Lee. The Chairman of the state-owned Trade Bank of Iraq (TBI) has been chosen as the new head of the Iraq Securities Commission (ISC). Faisal Al-Haimus (pictured) will take over from Dr. Alaa Abdulhussein Al-Saeidi as Chairman of the regulator. Grant Felgenhauer, Managing Partner at Euphrates Advisors, an investor on the Iraq Stock […]