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Tag: Iraqi Citizens

Iraqi Construction and Housing Ministry has launched Interest-Free Loans

Iraqi Construction and Housing Ministry has launched Interest-Free Loans

The Iraqi Housing Fund has announced the issuance of interest-free loans. The Iraqi Ministry of Construction and Housing said in a statement that the Ministry is launching the electronic form to apply for housing fund loans from 2nd January 2020. The Iraqi citizens looking to get a housing loan in Baghdad and the provinces can fill out the form and receive a serial number for the transaction after following the completion stages. He mentioned the conditions of the loans and…

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Why Iraqi Citizens Avoid in Dealing with Iraqi Banks?

Why Iraqi Citizens Avoid in Dealing with Iraqi Banks?

On Tuesday, the Iraqi Central Bank issued a statement that 89% of Iraqi adult population doesn’t have their own bank accounts and most people avoid from dealing with the banks due to some religious reasons. The Turkish agency “Anatolia” reported that the annual report 2016 of Iraqi Central Bank has mentioned that the 2014 estimates of the World Bank had indicated that the number of adults accounts among the total deposit accounts of Iraqi people were just 11%. It means…

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Iraqi Dinar Exchange Rate to be Stabilized in Investing Stock Markets by Iraqi Citizens

Iraqi Dinar Exchange Rate to be Stabilized in Investing Stock Markets by Iraqi Citizens

Iraqi Dinar 123 News:– A famous financial & global stock expert Osama Mehmood said that Iraqi economy need to reduce the financial crisis effects by implementing new measures and mechanisms, but it would be adopted at the next stage in finding solutions. He added in his press interview that there are a number of supposed solutions and one of the best solutions in the current economic and financial crisis is considered to focus on the stock market. There are two…

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Behavior of Iraqi Citizens About Coins Currency

Behavior of Iraqi Citizens About Coins Currency

Iraqi Dinar 123 News:– Central bank of Iraq has to spend a huge amount of cash for the issuance of these notes in the market. Contrary to this the coins have longer age than that of paper currency and it can be stored for a longer period of time for the future use. The people, who are against the issuance of coins, claim that the manufacturing cost of the coins is greater than its face value and this is its…

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