Category Archives: Uncategorized

The Dutch Disease and Iraq’s Foreign Exchange Rate. By Dr. Zeki Fattah

The Dutch Disease and Iraq’s Foreign Exchange Rate By Dr. Zeki Fattah Economists who studied the reasons for the low per capita growth of GDP in developing countries that rely on revenues from abundant natural resources, (called ‘resource curse’), found … Continue reading →

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The President of the Republic: Iraq has lost a thousand billion dollars since 2003 due to corruption

The President of the Republic: Iraq has lost a thousand billion dollars since 2003 due to corruption Baghdad Today – The President of the Republic, Barham Salih, announced today, Sunday, that he submitted a bill (Recovering proceeds of corruption) to … Continue reading →

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Advisor to the Prime Minister: 50 trillion dinars outside the control of Iraqi banks

Advisor to the Prime Minister: 50 trillion dinars outside the control of Iraqi banks The financial advisor to the prime minister, Mazhar Muhammad Salih, revealed the existence of 50 trillion dinars outside the control of the banking system, indicating that … Continue reading →

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A new statement from Rafidain Bank regarding deposits and profit rates for citizens

A new statement from Rafidain Bank regarding deposits and profit rates for citizens Baghdad: On Friday, Rafidain Bank decided to increase the fixed deposit interest rate for citizens who deposit their money in the bank. The bank’s media office said … Continue reading →

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Saudi companies prepare to launch giant investments soon in Iraq

Saudi companies prepare to launch giant investments soon in Iraq {Economist: Al Furat News} Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the fields of manufacturing industries, noting that there are promising … Continue reading →

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Hamid Al-Ghazi: The government is serious about opening up to the countries of the world

Hamid Al-Ghazi: The government is serious about opening up to the countries of the world Baghdad: The Secretary-General of the Council of Ministers, Hamid Naeem Al-Ghazi, said, during his meeting with the ambassador of the Kingdom of Norway who is … Continue reading →

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Allocating one trillion dinars in the 2021 budget for the petrodollar fund

Allocating one trillion dinars in the 2021 budget for the petrodollar fund Economy News – Baghdad… The Parliamentary Oil and Energy Committee revealed, on Saturday, the allocation of one trillion dinars to the petro-dollar fund for oil-producing provinces, while confirming … Continue reading →

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Biden signs a decree regarding Iraq .. these are its details

Biden signs a decree regarding Iraq .. these are its details International: Al Furat News… Today, the US President, Joe Biden, signed a decree extending the state of national emergency, related to the situations in Iraq and Syria, for another … Continue reading →

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Al-Rafidain: Increasing the fixed deposit interest rate for depositors with their money

Al-Rafidain: Increasing the fixed deposit interest rate for depositors with their money Shafaq News / Al-Rafidain Bank announced, on Friday, an increase in the fixed deposit interest rate for citizens who deposit their money in the bank. The bank’s media … Continue reading →

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Saudi Arabia grants an Iraqi private bank a license to conduct business in the Kingdom

Saudi Arabia grants an Iraqi private bank a license to conduct business in the Kingdom Baghdad – Saudi Arabia agreed to grant a license to open a branch of an Iraqi National Bank in order to conduct its business in … Continue reading →

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