The US Embassy In Baghdad: The Evacuation Of Our Citizens Is Not Voluntary, But Rather A Mandatory Departure By Official Order
Buratha News Agency1182025-06-12 The US Embassy in Baghdad confirmed on Thursday that the evacuation of its citizens is not voluntary, but rather a mandatory and immediate departure by official order.
An embassy spokesperson stated, according to Arab media, that “the evacuation of our citizens is not voluntary, but rather a mandatory departure by official order.” He explained that “the departure is immediate, and we will not reveal the number of departing employees for security reasons.”
He added, “The departure order includes the embassy in Baghdad and the consulate in Erbil,” stressing that “the departure of non-essential government employees came due to escalating regional tensions.”
https://burathanews.com/arabic/news/461277
Rafidain Bank Begins Implementing An Advanced System To Combat Money Laundering And Terrorist Financing
Thursday, June 12, 2025, 18:06 | Economic Number of readings: 164 Baghdad / NINA / The General Manager of Rafidain Bank, Ali Karim Hussein, announced today, Thursday, the commencement of the implementation of an advanced system to combat money laundering and terrorist financing, based on artificial intelligence technologies and electronic systems.
The bank said in a statement, “As part of its commitment to enhancing governance and compliance, Rafidain Bank participated as the official sponsor in the second conference on governance, risk management and compliance, which was held in the capital, Baghdad, with the participation of an elite group of government officials, representatives of the banking and financial sector, and international experts in governance and oversight.”
During his speech at the opening of the forum, the General Manager of Rafidain Bank, Ali Karim Hussein, confirmed, according to the statement, that “the bank has begun implementing an advanced system to combat money laundering and terrorist financing, based on artificial intelligence technologies and smart electronic systems, which ensures immediate monitoring and accurate analysis of suspicious financial transactions without human intervention, thus enhancing the efficiency of the internal control system.”
He pointed out that “the bank has made significant strides in building a solid corporate governance structure based on the principles of transparency, independence, and integrity, in line with the best international standards and practices, in addition to launching an integrated corporate risk management program covering operational, reputational, and compliance aspects, in cooperation with prestigious international expertise.”
The General Manager confirmed that “the bank has recently acquired advanced AML (Anti-Money Laundering) and GOAML systems, in coordination with specialized international institutions, enabling it to detect any suspicious financial activity early and effectively, in line with the instructions of the Central Bank of Iraq and global compliance standards.
” The statement added that “the conference witnessed a group of interventions that addressed the importance of consolidating a culture of governance and compliance in banking work, and the necessity of confronting money laundering as one of the fundamental challenges to ensuring the stability of the national economy.” /End https://ninanews.com/Website/News/Details?key=1233869
Statistics On The Size Of The Central Bank’s Foreign Exchange Reserves
Economy | 03:19 – 11/06/2025 Mawazine News – Baghdad The Central Bank of Iraq announced today, Wednesday, an increase in its foreign currency reserves during the month of May 2025.
The bank stated in an official statistic, reviewed by Mawazine News, that “the foreign reserves of the Central Bank until May 22 of this year amounted to 98.83 billion dollars, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to 97.943 billion dollars, or the equivalent of 127.326 trillion dinars.”
It added that “these reserves also increased from April, when they amounted to 98.089 billion dollars, equivalent to 127.516 trillion dinars.”
The bank indicated that “reserves decreased from last year’s 2024 figure of $100.276 billion, or the equivalent of 130.347 trillion dinars, and are also lower than the 2023 figure of $111.736 billion, or the equivalent of 145.257 trillion dinars.” https://www.mawazin.net/Details.aspx?jimare=262396
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
