Latest Iraqi Business News
WEBCombined-Cycle Power Projects to add 612 MW to Iraqi Grid. 11th September 2024 in Construction & Engineering In Iraq, Iraq Industry & Trade News. By John Lee. Prime Minister Mohammed Shia Al-Sudani has launched the construction of three projects related to additional combined-cycle units for electricity generation.
Iraq Tenders - Iraq Business News
WEBBearing. Al-Sadeem for Technical service (STSC) 15th August 2024. 6th August 2024. Consultant - Webpages and Social Media. Islamic Relief Worldwide (IR) 18th August 2024. Submit Iraq Tenders to Iraq Business News by emailing [email protected] Today. Explore Current Iraq Tenders and Read the Latest Iraqi Business News.
Central Bank of Iraq (CBI) - Iraq Business News
WEBSep 11, 2024 · By John Lee. In response to the high demand for its "Injaz/Enjaz" ["achievement"] bonds, first issued in May, the Central Bank of Iraq (CBI) will offer a second issue of these bonds on behalf of the Ministry of Finance. The total amount available is 1.5 trillion Iraqi dinars [$1.15 billion].
CBI takes action to Stabilise Iraqi Dinar Exchange Rate
WEBDec 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 ...
KBR settles Iraq Fraud Lawsuit for $14m | Iraq Business News
WEBJun 16, 2022 · By John Lee. US-based engineering company Kellogg Brown & Root (KBR) has agreed to a settlement of nearly $14 million to resolve allegations of fraud relating to its activities in Iraq. According to a statement from the US Department of Justice, the claims resolved by the settlement are allegations only and there has been no.
Economist Recommends Re-Valuing Iraqi Dinar - Iraq Business News
WEBNov 15, 2021 · An Iraqi economist has said that re-valuing the Iraqi Dinar could be considered if certain conditions were met. Dhurgham Mohamed Ali is quoted by Shafaq News as saying: " The exchange rate of the dollar should be gradually reduced to 1,300 dinars [from the current 1,460 dinars] while keeping an eye on the cash transactions to preclude creating ...
Iraq Oil & Gas News - Iraq Business News
WEB14th September 2024 in Iraq Oil & Gas News. By John Lee. The Iraqi Drilling Company (IDC), in collaboration with Schlumberger, ahs completed the drilling of well ZB 606 at a depth of 3,463 meters in the Zubair oil field in Basra. This marks the 36th well drilled under a contract with Italy's ENI to drill 37 wells.
Dinar Revaluation News - Iraq Business News
WEBBy 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 […]
Experts discuss fate of the Iraqi Dinar | Iraq Business News
WEBNov 26, 2020 · By John Lee. At a webinar hosted by the Iraq Britain Business Council (IBBC) yesterday, a team of experts presented and discussed their insights on the Iraqi government's recent White Paper, and on the challenges and opportunities facing the country. On the subject of the Iraqi currency, Frank Gunter, Professor of Economics at Lehigh University,
Central Bank discusses Increasing the Value of the Iraqi Dinar
WEBMar 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.