Economic Update - Follow-Up The Central Bank of Yemen, based in Aden, has confirmed receipt of communications from the majority of commercial banks operating in both Aden and Sanaa, expressing
Central Bank of Iraq Initiates Path Toward Comprehensive Digital Transformation The Governor of the Central Bank, Ali Al-Alaq, announced a strategic initiative on Saturday aimed at ushering the government towards
Concerns Over Al-Rafidain Bank’s Compliance with U.S. Regulations Overview of Al-Rafidain Bank's Compliance Issues The Vice-Chairman of the Finance Committee in the Iraqi Council, Al-Dulaimi, has highlighted significant compliance challenges
Economy News - Baghdad In an effort to address pressing issues within the Iraqi banking sector, the Iraqi Special Banking Association recently convened a dialogue session featuring the Governor of
Prime Minister Farhad Aladdin's Stance on US Sanctions and Gas Imports from Iran On Wednesday, Prime Minister Farhad Aladdin addressed recent concerns regarding US sanctions, clarifying that they do not
Iraq's Prime Minister Addresses U.S. Sanctions and Gas Imports from Iran On Wednesday, Prime Minister Farhad Aladdin provided clarity regarding the implications of U.S. sanctions on Iraq's Rafidain Bank. He
Iraqi National Bank Acquires International Insurance Company: A Strategic Move for Expansion The Iraqi National Bank has officially announced its acquisition of the International Insurance Company, having secured all necessary
Banking Sector Outlook for 2024: A Decline in Total Deposits In the evolving landscape of the banking sector throughout 2024, preliminary figures suggest a noteworthy decrease in total deposits. This
The Decline in Deposits within the Iraqi Banking Sector: A 10 Trillion Dinar Decrease The Iraqi banking sector is currently experiencing a significant decline in deposit values, with a reported
Economic Developments in Iraq: Current Landscape and Future Prospects Prime Minister Mohammed Shia Sudani's Overview In recent weeks, Iraqi Prime Minister Mohammed Shia Sudani has articulated the government's commitment to