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
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