Current OPEC Deal and its impact on Oil Market

Current OPEC Deal and its impact on Oil Market

(adsbygoogle = window.adsbygoogle || []).push({}); The Iraqi oil minister Thamer Ghadhban earlier said that an agreement between OPEC and its allies to expand oil output ...
CBI to meet All Iraqi Banks and E-Payment Service Providers

CBI to meet All Iraqi Banks and E-Payment Service Providers

The Central Bank of Iraq called all Iraqi banks and electronic payment service providers to discuss ATM and POS (Point of Sale). It was based on the role of supervisory from the Bank ...
Major Corruption found in the Currency Auction Window at CBI

Major Corruption found in the Currency Auction Window at CBI

A member of the Iraqi Parliamentary mini-committee on budget follow-up, Abdul Hadi Al-Saadawi issued a statement that the currency auction isn’t under the control of the Central Bank ...
The World Bank and Iraq signed an Agreement to empower Electricity

The World Bank and Iraq signed an Agreement to empower Electricity Sector

The World Bank and Iraq have signed a loan agreement worth 200 million U.S dollars. The amount is dedicated to developing the electricity sector in the southern provinces of Iraq. The ...
Foreign Reserves at the Central Bank of Iraq rose to $72 Billion

Foreign Reserves at the Central Bank of Iraq rose to $72 Billion: CBI

The Iraqi Central Bank issued a statement that the foreign reserves at CBI have increased to 72 billion U.S dollars. The statement also pointed out that these reserves were increased ...
A continuous Decline in Oil Prices after an OPEC Agreement

A continuous Decline in Oil Prices after an OPEC Agreement

On Wednesday, the oil price stabilized after a sudden decline in the previous session. It was supported by an extension of the agreement between OPEC and its allies to cut production, ...
A New MOU Signed between Baghdad and Istanbul

A New MOU Signed between Baghdad and Istanbul

An MOU (memorandum of understanding) signed between Baghdad Chamber of Commerce and its counterpart in Istanbul. It would enhance trade exchange between both sides. The head of the ...
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