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00:00It is approximately more than 17 billion dollars, and there is a strong cooperation between the Central Bank and some banks in the UAE,
00:20especially the Abu Dhabi Islamic Bank and the Abu Dhabi Al-Awwal Bank.
00:25The Abu Dhabi Islamic Bank has an active branch in Iraq, and the Abu Dhabi Al-Awwal Bank is now in charge of the transfer of foreign trade in UAE dollars.
00:43The Abu Dhabi Al-Awwal Bank has acquired a number of Iraqi banks, and today was a meeting with the bank to expand these relations.
00:55There are some ideas related to the investment of the Abu Dhabi Al-Awwal Bank in Iraq through participation in some financial institutions,
01:07as well as the restructuring of our investments in this bank.
01:13There is a broad and ambitious plan to strengthen this relationship, and a sincere desire to strengthen all stages of cooperation, coordination and investment between the two countries.
01:25Is it possible to see the entry of the Abu Dhabi Al-Awwal Bank or other UAE banks as a strategic partner in Iraqi banks
01:35by purchasing a share in Iraqi banks?
01:38The Abu Dhabi Islamic Bank is present in Iraq, as I said, it is one of the distinguished and active branches, especially in the field of foreign trade.
01:52We have some ideas that are currently being discussed with the Abu Dhabi Al-Awwal Bank through participation in some banks.
02:05As a strategic partner of one of the banks, as a first experience, it will be special for us to achieve this.