Iraq Economic News and Points To Ponder Thursday Evening 11-6-25

The Ministry Of Commerce Is Exploring Ways To Develop The Central Fleet And Enhance Logistical Support To Ensure Smooth Processing And Distribution.
 
Wednesday, November 5, 2025 | Economic    Number of reads: 261   Baghdad/ NINA / The Ministry of Trade held an expanded meeting chaired by the Undersecretary of the Ministry for Administrative Affairs, Sattar Al-Jabri, and attended by the Director General of the Planning and Follow-up Department and representatives of the legal and regulatory departments and the transport department,  to discuss the plan to develop the ministry’s central transport fleet for the year 2026.

The Ministry’s media office statement explained that the meeting  reviewed the most prominent technical and administrative requirements   for developing the central transport system, and    discussed   mechanisms to enhance the efficiency of the fleet and the   maintenance and rehabilitation of trucks and vehicles, in addition to    preparing a plan to modernize the fleet to keep pace with the needs of  transporting food items within the ration card items    and other logistical tasks.
 
Undersecretary Al-Jabri stressed theimportance of providing technical and administrative support   to ensure the    continuity and    efficiency of transportation operations. He emphasized that
 
fleet development contributes to   raising performance levels and  achieving faster and smoother processing and distribution, thus  strengthening the ministry's role   in securing the items included in the ration card and    supporting national food security. /End 3   https://ninanews.com/Website/News/Details?key=1260478  

The Center For Banking Studies Is Organizing A Workshop On Digital Transformation In Banking.
 
November 06, 2025  The Banking Studies Center organized a training workshop entitled“Digital Transformation in Electronic Banking and Financial Services”,with the participation of a number of employees of banks and financial institutions.
 
The workshop aims     to raise the efficiency of participants in the areas of digital transformation, and to
 introduce the latest   applications and   technologies adopted    in electronic financial services, in order   to contribute to the  development of banking performance and the   expansion of the use of modern digital solutions.
 
It is worth noting that organizing this workshop comes within the   framework of the annual training program    aimed at supporting digital transformation  in the Iraqi banking sector,   in line with the strategic directions towards   enhancing financial inclusion and    improving the quality of services provided to citizens.    https://cbi.iq/news/view/3041   

The Center For Banking Studies Signs A Cooperation Framework With The Accounting And Auditing Organization For Islamic Financial Institutions (AAOIFI).
 
November 05, 2025  The Center for Banking Studies concluded a joint cooperation framework with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), on the sidelines of the  20th edition of the Islamic Banking and Finance Conference organized by the organization in the Kingdom of Bahrain,  during the period from 2 to 3 November 2025.
 
The cooperation framework aims to enhance partnership in the areas of   training,   professional qualification, and the   development of Iraqi competencies in the Islamic banking sector,  through the   exchange of experiences, the   implementation of joint training programs, and   support for the center’s efforts in  adopting and   transferring international standards for Islamic financial institutions     to the Iraqi banking environment.

The AAOIFI-Islamic Development Bank Conference is one of the world’s leading events in the field of Islamic banking.
 
This year’s twentieth editionaddresses some of the most pressing issues in the global economy,highlighting developments that   are reshaping the response of Islamic financial institutions and stakeholders      to fundamental shifts in the international financial system.
 
In this context, the Director of the Banking Studies Center, Dr. Mustafa Munir Ismail, affirmed that  concluding the cooperation framework with the AAOIFI represents a qualitative step towards expanding the center’s regional and international partnerships, noting that the next phase will witness the implementation of specialized professional programs in accordance with the latest international standards, and in a way that enhances the efficiency of workers in the Iraqi financial and banking sector ]

He added that  the center, under the direct guidance of the Central Bank of Iraq,continues its efforts to   develop human capital and   enhance Iraq’s standing in international banking forums,  by   opening up to leading experiences and   adopting the best global practices in banking and finance.      https://cbi.iq/news/view/3040 

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

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