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.
Latest Iraqi Business News
BOC opens New Fuel Depot at West Qurna 1. 13th November 2024 in Iraq Oil & Gas News. By John Lee. Basra Oil Company (BOC) has opened the first phase of a new fuel depot at the West Qurna 1 field. The depot, with a storage capacity of 800,000 liters, was opened by Mr. Asaad Aboud, Director of the West Qurna 1 Field Operations.
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 […]
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 ...
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 ...
Economist Recommends Re-Valuing Iraqi Dinar - Iraq Business News
Nov 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 ...
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 Oil & Gas News - Iraq Business News
6 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.
Kar Group - Iraq Business News
Jun 26, 2024 · 9th January 2018 in Iraq Oil & Gas News. By John Lee. The Iraqi parliament has reportedly banned Erbil-based Kar Group from operating oil fields in Kirkuk. According to Rudaw, it assigned the state-owned North Oil Company (NOC) to take over oil production in the province and export it through Iraq's State Oil Marketing Organisation (SOMO).
Possible Revaluation of the Iraqi Dinar? | Iraq Business News
Nov 4, 2022 · Al Araby also cites the Iraqi Finance Minister as saying that the dinar value will not be changed in the 2023 budget bill. It adds, however, that former Prime Minister Nouri Al Maliki has suggested an exchange rate of 1,375 dinars per dollar, down from the current level of 1,460, but not back to the pre-devaluation level of 1,182.