Iraq’s state-owned bank says cards ‘operating fully and normally’

“Rafidain Bank urges citizens not to be swayed by malicious rumors and to rely exclusively on news and updates from the bank's official sources,” read a statement.

Articles

Iraq pushes digital payments to cut loan costs and strengthen economy

Iraq is promoting the use of digital payment systems to reduce high loan costs and improve the economy, according to Iraqi Prime Minister’s Advisor Mazhar Muhammad Salih.

News

Erbil fully digitalizes civil servant salaries

The MyAccount team confirmed to The New Region that they will soon complete the registration of all civil servants in Duhok province as well

Articles

Iraq pushes banking reforms to boost public trust and investor confidence

Iraqi Prime Minister Mohammed Shia’ al-Sudani stressed the importance of banking reforms to enhance public confidence and attract local and foreign investment. During a meeting attended by representatives of Ernst & Young, the government reviewed plans to restructure Rafidain Bank as part of broader financial sector reforms.

News

Cash flow crisis hits Iraq after ambitious budget

Iraq faces a severe financial crisis due to cash flow shortages, delayed salary payments, and halted service projects.

Sam Mahmoud

Opinion

Action taken to close currency sale window, prevent dollar leakage

The Iraqi government plans to end the dollar auction system at the Central Bank by year-end to integrate Iraqi banks into global banking.

Articles

Iraqis turn to real estate amid banking trust issues

Iraqi investors flock to real estate amid banking sector distrust, prioritizing land and property for financial security amidst militia influence.

Features