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Al-Zidi and JPMorgan Chase Seal Deal to Establish Branch in Iraq

Baghdad: Prime Minister Ali Faleh al-Zaidi met with representatives from JPMorgan Chase Bank to finalize plans for the bank to open a branch in Iraq.

According to National Iraqi News Agency, the discussions culminated in an agreement to establish the branch, which will be pivotal in financing projects spearheaded by American companies within Iraq. This move marks a significant step in bolstering economic ties between Iraq and major American financial institutions, providing a gateway for increased American corporate involvement in the nation.