Questions About Practices Of Private Iraqi Banks

A customer counts Iraqi dinars at a money changer in Baghdad October 1, 2012. Many Iraqis have lost faith in their dinar currency but to some foreign speculators, it promises big profits. The contrast underlines the uncertainties of investing in Iraq as the country recovers from years of war and economic sanctions. Picture taken October 1, 2012. To match IRAQ-ECONOMY/DINAR REUTERS/Saad Shalash (IRAQ - Tags: BUSINESS POLITICS) - RTR38QU1

Baghdad Struggles to Halt Devaluation of Iraqi Dinar

Omar al-Shaher

A physical therapist treats a patient at a medical clinic in Baghdad March 8, 2011. Development in Iraq has been stifled by decades of economic sanctions and war and SMEs, often seen as the backbone of a country's economy, have made little progress in Iraq due to high start-up costs and scant government funding. Chronic power and water shortages, ongoing security concerns and high customs tariffs have all made it difficult for a small business sector to emerge. Picture taken March 8, 2011. To match fe

Maliki Prioritizes Health Care

Omar al-Shaher

A customer changes U.S. dollars to Iraqi dinars at a money changer in Baghdad October 1, 2012. Many Iraqis have lost faith in their dinar currency but to some foreign speculators, it promises big profits. The contrast underlines the uncertainties of investing in Iraq as the country recovers from years of war and economic sanctions. Picture taken October 1, 2012. To match IRAQ-ECONOMY/DINAR REUTERS/Saad Shalash (IRAQ - Tags: BUSINESS POLITICS)

Iraqi Government Seeks Control Over Central Bank

Omar al-Shaher

$Members of the new Iraqi Parliament attend a session at the Parliament headquarters in Baghdad, November 11, 2010. Iraq's fractious politicians have agreed to return Shi'ite Nuri al-Maliki as prime minister, ending an eight-month deadlock that raised fears of renewed sectarian war, but leaving some Sunnis sceptical he can forge national unity. The pact on top government posts brings together Shi'ites, Sunnis and Kurds in a power-sharing arrangement similar to the last Iraqi government and could help prevent$

Iraqi Parliament Struggles to Ratify Budget Amid Political Crisis

Omar al-Shaher

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Questions About Practices Of Private Iraqi Banks

Iraq's private banks rarely engage in traditional banking activities such as offering loans and credit and have lost the trust of the Iraqi people, writes Omar Al-Shaher.

Questions About Practices Of Private Iraqi Banks

Iraq's private banks rarely engage in traditional banking activities such as offering loans and credit and have lost the trust of the Iraqi people, writes Omar Al-Shaher.

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