Government advisor points to weak cash credit ratio in Iraqi private...
Mazhar Muhammad Salih, the Iraqi government's financial advisor, said on Wednesday that private banks' cash credit-to-deposit ratio may approach the standard of 75%, which...
Central Bank confirms smooth selling of dollars to travelers
The National Bank of Iraq affirmed, today, Tuesday, the smooth progression of offering dollars to explorers through air terminal outlets.
"The flow of selling dollars...
MP: Popular Mobilization Forces Service and Retirement Law will be passed...
The Popular Mobilization Forces service and retirement law will be approved today, MP Adnan Al-Jaberi confirmed on Wednesday.
Al-Jaberi stated, "The Popular Mobilization Forces Service...
Efforts to reduce the price of improved gasoline to 600 dinars
The Baghdad Provincial Council is getting ready to present a plan to bring the price of improved gasoline down to 600 dinars per liter.
"Most...
Parliamentary Investment: Approval of the Arbitration Law will protect foreign capital...
MP Mohammed Al-Ziyadi, a member of the Parliamentary Economic and Investment Committee, confirmed on Tuesday that the arbitration law's approval will shield foreign capital...
International Development Bank continues to open deposit accounts for citizens
Today, Tuesday, the International Development Bank for Investment confirmed that it will continue to open deposit accounts in accordance with the linking period requirements...
Iraq begins Importing Turkish electricity
On Sunday, via video conference, Prime Minister Mohammed Shia Al-Sudani opened the electricity interconnector between Turkey and Iraq.
The new line runs west of Mosul...
Jordan and Iraq Extend Oil Supply Agreement
The Iraqi Cabinet has approved the extension of the crude oil supply memorandum of understanding (MoU) between the Iraqi Ministry of Oil and the...
CBI auctions +$279 M. in forex on Monday
During its currency auction on Monday, the Central Bank of Iraq (CBI) sold more than $279 million.
CBI sold $279,811,934 at a rate of 1,305...
Oil prices rise on expectations of interest rate cuts
Early on Monday, as investors anticipated an interest rate reduction in September, oil prices increased.
U.S. West Texas Intermediate oil futures increased 42 cents, or...
Financing the salaries of state employees and members of the security...
The financing of July salaries for state employees and members of the security forces was announced today, Monday, by the Accounting Department of the...
Parliamentary Integrity: We will investigate the changes made to the budget...
The Parliamentary Honesty Council declared, on Monday, its expectation to explore the progressions that happened in the financial plan tables, taking note of that...
