The 22-year-old has been with Arsenal his whole career and has come through the academy to earn a spot in the first team.
The Nigeria international currently has two years to run on his contract, but recent reports have claimed he is ready to pen fresh terms.
It has been reported that Iwobi has been offered a new four-year deal by Arsenal and Emery has confirmed he will be staying.
“I have the information,” said Emery, when quizzed on a contract for Iwobi. “I want to work with the players first. This week, Mesut [Ozil], [Mohamed] Elneny and Iwobi are starting to work with us and our first impression is very good with them.
“My information he (Iwobi) is going to sign and continue with us.”
Arsenal have been swift with their transfer business this summer and with under two weeks to go until the window closes Emery is happy with his squad.
However, the Spaniard has confessed he could be open to making one more signing - but right now it is not too important.
“Every player is committed to working hard this season and is aware of the demands,” said Emery. “Every player at the club and the coaches too, in our careers we have worked hard under these demanding conditions.
“I believe in these players and now I am very happy with these players who are working hard every day. On Monday we will also get the players returning from the World Cup.
“For me, if there is a possibility to sign another player, it isn’t important now, but while the window is open we can discuss the possibility.”
Emery was speaking ahead of Arsenal's clash with Paris Saint-Germain tomorrow in the International Champions Cup in Singapore.
The Spaniard was ruthlessly axed by the French side last summer, despite guiding them to the Ligue 1 title.
Emery, however, insists there is no animosity towards his old club as he prepares to come up against them for the first time.
“I am very grateful to PSG. It was a good experience, a good moment in my career,” said Emery. “Now we are going to play tomorrow against a big, big club with big players.
“They won’t have every player on the pitch tomorrow because they are on holiday, but for me it’s important for our preparation.
“It will also be nice for me to meet my friends who I worked with at Paris Saint-Germain.”
At PSG, Emery struggled to implement his philosophy of a strong work ethic onto the squad. Instead, the now Arsenal boss found it difficult to cope with stars such as Neymar and it reportedly played a role in his sacking.
Emery has impressed so far in charge of the Gunners, though, who have been enduring intense double sessions in Singapore and he is confident he can get his ideas across at his new club.
“I have my way and I want to work with the same mentality I’ve had in my whole career,” said Emery. “I want to build a team with a good spirit, a good energy and a very good quality of players
“Now, for me, it’s the moment to work on tactical things, to work on getting every player up to speed. The result isn’t the most important thing for me right now, for me it's other things.
"It’s all about the positioning, the movement on the pitch, the individual quality and the combinations together.”
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