The US Treasury Department and the Federal Reserve Bank of New York have barred 14 Iraqi banks from conducting transactions in US dollars as part of a “sweeping crackdown” ...
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Elaf Islamic Bank – Involved In
Iran is exploiting Iraq’s construction sector
Iranian companies, engineers, and builders flourish as Iraq is in a seemingly perpetual state of reconstruction that requires heavy industry and related services. Iraqi oligarchs, banks, and companies with ...
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Iran’s Exploitation of the Central Bank of Iraq and Banking Sector
Through powerful Iraqi Shi'a militias, political allies, and a web of business networks, Iran has long utilized the Iraqi banking sector as a main artery for its economic activity ...
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Iraq is helping Iran skirt U.S. sanctions
Leaked documents have indicated that Iraq may be helping Iran defy US sanctions, according to a report released by the Saudi news outlet Al-Arabiya presented by the Middle East ...
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