Al-Hantal calls on the Gulf states to approve the opening of branches of Iraqi private banks[You must be registered and logged in to see this image.]
The head of the Association of Iraqi Private Banks, Wadih al-Hantal, called on Arab Gulf states to open branches of private Iraqi banks in their countries in order to promote trade exchange and achieve economic development between Iraq and the Gulf states.
Al-Hantal said in his speech during a joint meeting between the delegation of Saudi Chambers and Saudi businessmen and the Federation of Chambers of Commerce and Industry in the Kurdistan Region, attended by the "Economy News", that "the Association of Iraqi Private Banks is a member of the Board of the Central Bank as well as the Governance Center, supervised by the World Bank, The Saudi-Iraqi Coordination Council, "noting that" Saudi participation in the Baghdad International Fair revived the previous session of the exhibition through the number of large companies that attended in Baghdad. "
He pointed out that "activating the banking sector between Iraq, Saudi Arabia and the Gulf countries will contribute significantly to strengthening ties as well as improving foreign trade. We commend Saudi Arabia's initiative to allow an Iraqi government bank to open a branch in Jeddah." He called on Gulf officials, Branches of Iraqi private banks in these countries. "
He called on Saudi Arabia to actively participate in the reconstruction of Iraq and the development of the housing sector through investment in addition to providing a joint incubator for Iraqi youth to develop their capabilities such as the Foundation for Entrepreneurship, which was established in Baghdad and became a place for young people looking to develop the economy of his country.