Dubai More than 40 Iraqi banks evoked Emirati experience in the field of banking, by launching a special week at the Iraq pavilion at Expo 2020 Dubai, in the presence of a high-level official Iraqi and Arab, and with the participation of a group of specialists and those concerned with banking affairs.

Prior to the launch of the Iraqi Banking Week, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, Commissioner-General of Expo 2020 Dubai, met with Mustafa Ghaleb Mokhaif, Governor of the Central Bank of Iraq, where the importance of cooperation between the two countries was emphasized, especially in the field of banking relations.

Those in charge of elite Iraqi banks are studying many axes and perceptions aimed at revitalizing, developing the Iraqi banking work, especially with regard to the technical aspects represented in the work of what is known as “correspondent banks”, in light of the invocation of the best model and the closest to the Iraqi reality, which is the Emirati experience that advanced over its counterparts in the region, working to open new horizons of cooperation and mutual relations, and concluding agreements and concluding solid partnerships.

The Iraqi Banks Week at Expo 2020 Dubai includes many banking activities, including informing the public about the banking services provided by Iraqi banks, and holding bilateral meetings between Iraqi banks and their counterparts in the UAE with the aim of exchanging experiences.

Mustafa Ghaleb, Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, opened the activities of the Iraqi Banking Week, in the presence of Abdul Rahman Al-Hamidi, President of the Arab Monetary Fund, Wadih Nuri Handal, President of the Association of Iraqi Banks, and a number of general managers of the Central Bank, heads of a number of Iraqi banking councils.

Source: National Iraqi News Agency