Latest News for: Iraq investment bank


Iranian Drones Cast Shadow Over Iraqi Prime Minister's Visit to Washington

LBC International 14 Apr 2024
Other topics include the commercial investment of US companies in Iraq, banking reforms, and energy and water issues aimed at achieving Iraqi energy independence.

UAE affirms close business ties with Iraq

Khaleejtimes 01 Apr 2024
They discussed new courses for economic cooperation, as well as the Bank’s vital role in strengthening business and investment ties between the UAE and Iraq ... UAE and Iraq, exceeding $27 billion yearly.

Economic Forum in Amman to Boost Iraq-Jordan Regional Partnerships

Petra 10 Feb 2024
The event will spotlight the myriad of investment, commercial, and industrial opportunities available in Jordan and Iraq ... Iraq will be showcased, underlining the benefits of investing in the region.

As Gaza war seeps into Iraq, UN envoy urges restraint

The New Arab 07 Feb 2024
And, the same is true for Iraq," Plasschaert cautioned ... She also indicated Iraq's participation in COP28 pledged to phase out gas flaring by 2028 and establish a green bank for economic diversification.

Iraq bans 8 local banks from US dollar transactions

Stockwatch 06 Feb 2024
Ahsur International Bank for Investment; Investment Bank of Iraq; Union Bank of Iraq; Kurdistan International Islamic Bank for Investment and Development; Al Huda Bank; Al Janoob Islamic Bank for ...

Why Iraq's dinar is trading below official dollar rate amid new restrictions

Al Monitor 06 Feb 2024
Ahsur International Bank for Investment, Investment Bank of Iraq, Union Bank of Iraq, Kurdistan International Islamic Bank for Investment and Development, Al Huda Bank, Al Janoob Islamic Bank for ...

Iraq Central Bank bars 8 local banks from US$ transactions

The New Arab 05 Feb 2024
The official documentation from CBI confirms the list of all banned institutions, including Ahsur International Bank for Investment, Investment Bank of Iraq, Union Bank of Iraq, Kurdistan ...

Azentio Software’S Imal(TM) Powers Kurdistan International Islamic Bank’S Digital Transformation Journey

MENA FN 25 Jan 2024
(MENAFN - African Press Organization) Kurdistan International Islamic Bank for Investment and Development (–KIB–), a leading Islamic financial institution in Iraq, has embarked on a digital ... .

Iraq Central Bank sets the record straight on dollar deliveries amid de-dollarisation efforts

Cryptopolitan 07 Oct 2023
Mazen Ahmed, the Director-General of Investment and Remittances at the Central Bank of Iraq (CBI), explained that the decision to transition to the Iraqi dinar for domestic transactions aims to combat ...

Iraq pulls plug on local transactions in dollars

Business Day 05 Oct 2023
The move aims to stamp out the illicit use of about 50% of the $10bn that Iraq imports in cash from the New York Federal Reserve each year, said Mazen Ahmed, director-general of investment and remittances at the Central Bank of Iraq.

Senior US Treasury official in Baghdad to discuss bank reforms

The National 13 Sep 2023
Progress on international anti-money laundering and banking reform will help combat corruption and support international investment in Iraq,” ambassador Alina Romanowski said on X, formerly known as Twitter.

Iraq, IFC agree project to modernise Baghdad airport

The New Arab 03 Sep 2023
Iraq signed an agreement ... The IFC has committed $1.2 billion to supporting Iraq's private sector since 2005, added the statement, noting investments in the country's energy, telecom and banking sectors.

Iran’s IRGC boasts successes with Palestinians, Hezbollah

The Jerusalem Post 19 Aug 2023
Recently, 15 to 30 attacks are carried out daily in the West Bank by the resistance forces against the Zionist regime,” Qaani said, according to Tasnim news. Qaani also highlighted how the US had wasted investments in Iraq.

Deal closures taking longer due to higher due diligence

Financial Express 14 Aug 2023
... to the four to five months’ timeframe that would be taken by investors before the pandemic, Chandresh Ruparel, managing director and India head at Rothschild & Co, a global investment bank, said.