Central Bank of Iraq (CBI) - Iraq Business News
Nov 5, 2024 · By John Lee. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Al-Alaq, met with Turkish Ambassador Anil Bora Inan and representatives of Turkish banks operating in Iraq to discuss a newly implemented financial transfer mechanism. The new system, which operates in euros and is executed through Turkish banks, aims to streamline and ...
Latest Iraqi Business News
DNO reports Increased Oil Production in Kurdistan. 8th November 2024 in Iraq Oil & Gas News. By John Lee. On Thursday, DNO, the Norwegian oil and gas operator, reported a 24-percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million ...
Central Bank discusses Increasing the Value of the Iraqi Dinar
Mar 14, 2024 · By John Lee. On Thursday, Iraq's Finance Committee, chaired by Atwan Al-Atwani, convened with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking system, and methods to increase the value of the Iraqi dinar.. Al-Atwani stressed the importance of monitoring the economic file and monetary policy based on oversight principles.
List of International Oil Companies in Iraq
The following is a list of International Oil Companies (IOCs) operating in Iraq under licences granted by the Ministry of Oil in Baghdad: Anton Oil Bashneft BP China National Offshore Oil Corporation (CNOOC) China National Petroleum Corporation (CNPC) Crescent Petroleum Dragon Oil Egyptian General Petroleum Corporation (EGPC) Eni ExxonMobil Gazprom Geo-Jade Petroleum Inpex Itochu Japan
Iraq Restores Value of Dinar - Iraq Business News
Feb 7, 2023 · The Iraqi authorities have approved a revaluation of the Iraqi dinar. In a statement said on Tuesday, the Central Bank of Iraq (CBI) said that, starting on Wednesday, t he exchange rates will be as follows: 1,320 dinars per dollar: the sale price of the dollar from banks and non-bank financial institutions to the final beneficiary. The dinar ...
Iraqi Dinar News | Iraq Business News
Sep 30, 2024 · Iraqi Dinar: IBBC issues Major New Paper on De-Dollarisation of Iraq. 29th May 2024 in Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Politics. From the Iraq Britain Business Council (IBBC): Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy Professor Frank Gunter publishes a new paper ...
Iraq Oil & Gas News - Iraq Business News
5 days ago · 8th November 2024 in Iraq Oil & Gas News. By John Lee. On Thursday, DNO, the Norwegian oil and gas operator, reported a 24-percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million in the previous quarter.
CBI takes action to Stabilise Iraqi Dinar Exchange Rate
Dec 22, 2022 · The Central Bank of Iraq (CBI) has announced a package of measures to help stabilise the dinar/dollar exchange rate.. A translation of the statement from the CBI list the following: Allowing the banks participating in the foreign currency buying and selling window to buy any amounts in foreign currency and deposit them with this bank in accounts used for external transfer purposes, and to pay ...
New Iraqi Cabinet Approved [FULL LISTING] - Iraq Business News
By John Lee. The Iraqi parliament has given a vote of confidence to incoming Prime Minister Muhammad Shia al-Sudani and his new cabinet. A full listing of the new ministers, along with alternative spellings used by some sources, is shown below: Deputy Prime Minister and Minister of Foreign Affairs, Mr. Fouad Hussein [Fuad Hussein] Vice.
Dinar Revaluation News | Iraq Business News
Aug 29, 2024 · By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Revaluation Scam: An Examination of False Hope and Financial Deception Introduction The notion that the Iraqi Dinar (IQD) will appreciate in value by an unprecedented multiple has circulated in […]