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Iraqi Dinar 123 News:- Dubai will form a long term business relationships with Kurdistan as it is always welcomed by the people of Kurdistan; said UAE Consul General Rashid Al Mansouri. He said that UAE is always there to support Erbil in the economic development of the region.

Central bank opened a new office in Dubai to attract different foreign banks to find and invest in the business opportunities in the country. Furthermore, it also attracted many foreign banks to open new branches in the country. This is the results of the efforts made by central bank of Iraq that many of the reputed international banks are operating in the Baghdad and many other big cities of Iraq.

Few months ago the Central Bank of Iraq opened its office in Dubai and attracted number of foreign banks to invest and start their business activities in different cities of Iraq. Fransabank is one of those international banks that showed interest in opening new branch in Iraq.