Economy
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Iraqi Banking Sector Transforms with Electronic Payment Innovations
Engineer Suha Al Kifaee, Managing Director of the International Islamic Bank, discusses the significant transformations in Iraq’s private banking sector. The adoption of an electronic platform based on the central bank rate of 1,320 dinar has ushered in a new era. This shift has facilitated the entry of diverse economic…
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Recovery of Stolen Equipment Boosts Baiji Oil Refinery’s Revival
https://youtu.be/LL1VprLYc_Q In a promising turn of events, the stolen equipment from the Baiji oil refinery has been successfully recovered. The Baiji refinery holds immense importance as one of Iraq’s key strategic oil facilities. The theft had raised concerns about the refinery’s operations and security. Fortunately, authorities managed to reclaim the…
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The Season of Dates is Back in the Iraqi Market
The season of dates has arrived in Iraq, and Iraqi households provide their guests with special dates throughout the month of August as a tradition. Different cities grow diverse types of dates; however, their journey began on the banks of the Tigris River, the river that carries the fragrance of…
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Iraqi Dates: A Historical Treasure of a Nation
Iraq’s date palms are a symbol of the nation’s agricultural heritage, boasting over 400 varieties, each with its unique flavor, texture, and appearance. Among the most celebrated are the luxurious Medjool and the flavourful Zahidi. These dates have been a staple in Iraqi culture and cuisine, often consumed during religious…
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A New Method of Payment Introduced to Customers in Iraq
Shopkeepers and business owners have put in place an electronic payment method using a bank card. It is a new method of payment for the Iraqi population, giving them a safer option to keep their money protected. Points of sales (POC) have been installed in different shops and institutions. Shopkeepers…
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Inside the 6th edition of the Iraq Finance Expo
The 6th edition of the Iraq Finance Expo (IFEX) took place at the Baghdad International Fair between the 15-17 of July, sponsored by the Central Bank of Iraq. The aim of the fair is to encourage more Iraqi citizens to use personal banking and also show the future of virtual…
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From Cohibas to Kit Kats, Western imports on sale in Baghdad
Baghdad, Iraq – A rare combination of Cuban cigars and Western candy has hit the shelves in a shop in Baghdad. Cuban cigars, known for their unique taste and quality, have long been a favorite among cigar connoisseurs worldwide. However, due to trade embargoes and sanctions, they have been difficult…
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Take a tour of the Iraq Stock Exchange
In an exclusive interview with the Iraq International News Agency, Taha Ahmed Abed Al Salam, the Executive Director of the Iraq Stock Exchange Market said: The Iraq Stock Exchange was established in 2004 based on the law number 74, in addition to the Securities Commission as the regulatory and supervisory…
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