Citigroup Looks for Growth in the Middle East: “Iraq is a giant that’s waking up and the opportunities are immense. The most significant opportunities are twofold – oil revenue generation and infrastructure creation. We estimate this to be a $1 trillion initiative over time,” .. Maliki said.

June 27, 2013

Citigroup Looks for Growth in the Middle East

Citigroup Chief Executive Officer for Europe, Middle East and Africa, James Cowles, said Iraq was an important market, with an economy that had substantial potential over time.

“Having a presence in Iraq will position us to better attune our services to the banking needs of our clients as they grow and develop their businesses in