The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
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
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.
Iraq Launches Tender for Baghdad-Baiji Railway Upgrade
By John Lee. The Iraqi Ministry of Transport has announced a tender for the design and completion of the Baghdad-Baiji railway line, with plans to upgrade the Taji-Baiji section to UIC60 standard gauge. Partially funded by the World Bank under the Emergency Development Project, the contract covers design and construction work to modernize the current
Iraqi Census: Key Findings | Iraq Business News
Nov 26, 2024 · By John Lee. Prime Minister Mohammed S. Al-Sudani has announced the preliminary results of the 2024 Census, conducted last week. According to a statement from the Prime Minister's office, Iraq's population has reached 45,407,895, including foreigners and refugees. The population distribution shows 70.3% residing in urban areas and 29.7% in …
Latest Iraqi Business News
By John Lee. Korea Aerospace Industries (KAI) has signed a significant export contract to supply military helicopters to Iraq. The company describes the Korean Utility Helicopter (KUH-1), also known as Surion, is a multi-role utility helicopter, "complete with excellent maneuverability and a world-class hovering capability features cutting-edge avionics system."
Iraq Warns Forex Companies over Dollar/Dinar Commissions
Sep 30, 2024 · By John Lee. The Central Bank of Iraq (CBI) has identified irregularities in the operations of several exchange companies regarding the sale of U.S. dollars allocated to travellers.. A recent audit and monitoring of company practices revealed that some exchange firms have been charging citizens a commission of 50,000 dinars for purchasing dollars, double the amount stipulated by official ...
Iraq Restores Value of Dinar - Iraq Business News
Feb 7, 2023 · By John Lee. 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, the exchange rates will be as follows: 1,300 dinars per dollar: the price of purchasing a dollar from the Ministry of Finance; 1,310 dinars
FULL DETAILS: Japan signs $388m Loan for Basrah Refinery Upgrade
Nov 19, 2024 · By John Lee. The Japan International Cooperation Agency (JICA) signed a $388-million loan agreement with Iraq on Sunday, to provide Japanese ODA loan for the sixth phase of the Basrah Refinery Upgrading Project.. In a statement, JICA said: "This project aims to improve the quality and productivity of petroleum products, reduce the supply-demand gap, decrease the environmental load, and ...
Iraq Finalises Contracts for latest Energy Licensing Rounds
Oct 29, 2024 · Jiyad: Disappointment at Latest Energy Licensing Round CNOOC Confirms Contract to Develop Iraq's Block 7 New Oil Concessions in Iraq: FULL LIST The Successes and Failures of Iraq's Energy Licensing Rounds
Iraq Tenders - Iraq Business News
Submit Iraq Tenders to Iraq Business News by emailing [email protected] Today. Explore Current Iraq Tenders and Read the Latest Iraqi Business News.