Wednesday 25, July 2012 by Robin Amlôt

ADIB the first UAE bank to launch operation in Iraq

Abu Dhabi Islamic Bank (ADIB) is opening its first branch in Iraq after becoming the first UAE-based financial institution to receive a full operations banking license from the Iraqi Central Bank and to start operations from Iraq. The first fully-fledged ADIB branch is located at Baghdad and is led by Jawdat Mahmoud Jawdat.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more