The National Bank of Iraq sees growth despite the pandemic
The National Bank of Iraq ranks first in the country in terms of growth in customer deposits and net credit facilities...
Tag : Iraq
Qi Card transforms Iraq’s financial system using electronic payments
Qi Card aims to provide identity management to government and citizens in a fast and secure manner...
Iraq, Kuwait sign agreement for joint technical oil field study
The contract will study options to develop and exploit the oil fields on the border between Iraq and Kuwait...
Siemens ‘can win large part’ of $14 bn Iraq electricity deals
Siemens plans to increase Iraq’s power production capacity by 50% by building new plants and upgrading existing ones...
Iraq’s GDP to grow 151% between 2011 and 2020: Report
Iraq remains a centre for development of banking services, particularly due to its vast economy and industry challenges such as access to bank branches or ATM machines, say banking experts...
NIOC, Zarubezhneft to develop two oilfields, reports Iranian state TV
Situated in western Iran, the two oilfields Aban and Paydar-e Gharb are expected to produce 48,000 barrels per day...
New $1.485 billion package to support Iraq
Expected to help counter cost of war, low oil prices...
Investors may soon find Iraq interesting
According to World Bank, economy is expected to grow by 7.2% despite the hurdles...
Iraq refuses to cut oil production
Says the country needs funds as it is embroiled in a war with Islamic militants IFM Correspondent October 24, 2016: It is back to square one. When things were finally looking up for the oil market with Iran agreeing to stabilise the market, Iraq played a spoilsport by refusing to join any deal from OPEC...
OPEC meet maintains status quo
Oil output levels won’t change; members say market should influence price IFM Correspondent June 3, 2016: The price of oil rose slightly despite OPEC producers failing to come up with a solution to curb output at their meeting on Thursday. Brent crude on Thursday ended at $49.94 a barrel, 0.4% higher. The new oil minister...