Business

Brent Crude Returns Above $84 as Supply Risks Persist

Oil prices edged higher on Tuesday after suffering sharp losses in the previous session. Renewed concern about possible disruptions to Middle Eastern supplies supported the rebound, while prospects for...

Salary Funds Expected to Reach Kurdistan Region by Mid-Next Week

A senior source in Baghdad says no legal or political obstacles remain to transferring salaries for public employees...

SOMO: Kurdistan Region Oil Output Falls to 20,000 Barrels per Day

Oil production in the Kurdistan Region has fallen from 230,000 barrels per day to only 20,000 because of...

Genel Energy Reports 66% Drop in Tawke and Peshkabir Oil Output

Genel Energy reported a 66.3% decline in combined oil production from the Tawke and Peshkabir fields during the...

Gold Prices Rise Above $4,050 per Ounce

Gold prices edged higher on Tuesday and remained above $4,050 per ounce as investors weighed renewed US-Iran tensions...
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Nearly 130,000 Tonnes of Farmers’ Wheat Marketed Through Private Sector

The Kurdistan Region has marketed nearly 130,000 tonnes of farmers’ wheat through private companies as efforts continue to purchase crops left outside the federal...

Kurdistan Region Exports Nearly 6,000 Tonnes of Produce Daily

The Kurdistan Region exports nearly 6,000 tonnes of vegetables and fruit to central and southern Iraq every day during the summer season, as local...

KRG Says Investment in Kurdistan Region Surpasses $25 Billion

The Kurdistan Regional Government says total investment across the Kurdistan Region has surpassed $25 billion, reflecting a broad strategy to diversify the economy and...

Tourism Attracts $7.68 Billion From Kurdistan Region’s $22 Billion Investment Portfolio

Tourism attracted $7.68 billion of the more than $22 billion invested across the Kurdistan Region during the past seven years, according to figures released...

Kurdistan Region and Uzbekistan Strengthen Trade Relations Through New Business Deals

The Kurdistan Region and Uzbekistan are expanding economic cooperation through new trade and investment agreements. Business leaders and government representatives from both sides gathered...

11 Companies Ready to Buy Kurdistan Farmers’ Wheat for Export

The Kurdistan Region’s Investment Board has approved a new plan to support local farmers by allowing private companies and traders to purchase surplus wheat....
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