news

Iraq nominates banker for PM as cash crisis deepens

By CityCalc Newsroom · Tue Apr 28 2026 · Source: AGBI

Iraq has nominated veteran banker and businessman Ali Al-Zaidi as prime minister, against the backdrop of a domestic liquidity crisis caused by a drop in oil exports following Iran’s decision to shut the Strait of Hormuz. Iraqi President Nizar Amedi on Monday tasked Al-Zaidi, a …

Iraq has nominated veteran banker and businessman Ali Al-Zaidi as prime minister, against the backdrop of a domestic liquidity crisis caused by a drop in oil exports following Iran’s decision to shut the Strait of Hormuz. Iraqi President Nizar Amedi on Monday tasked Al-Zaidi, a …

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring