Business

Chicken Prices Fall as Poultry Farmers Report Heavy Losses

Chicken prices in the Kurdistan Region have fallen sharply as producers struggle with oversupply, rising costs, export barriers and disease outbreaks. Farm-gate prices dropped from 3,200 dinars to about 2,500...

Eurowings Suspends Flights to Erbil Until August 7

Eurowings has suspended flights to Erbil, the capital of the Kurdistan Region, until August 7, 2026, because of...

Oil Prices Remain Below $80

Oil prices stabilized on Wednesday after two consecutive days of heavy losses, as investors watched efforts to ease...

Baghdad Still Owes 141 Billion Dinars for Kurdistan Farmers’ 2025 Wheat

Baghdad still owes 141 billion Iraqi dinars to farmers in the Kurdistan Region for wheat delivered during the...

Gold Price Rises Above $4,140 per Ounce

Gold prices rose for a third consecutive day on Wednesday as a weaker US dollar and lower oil...
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Erbil Avenue: Your Entry Point for Worldwide Investment

The Kurdistan Region is transforming rapidly, and Erbil Avenue showcases this change in a tangible way. Unlike policy papers, its modern landscape reflects real...

Kurdistan Region Launches Tourism Council to Boost Economic Growth and Investment

The Kurdistan Region has officially launched the Kurdistan Tourism Council (KTC) to strengthen tourism and boost economic growth. Senior officials from the Kurdistan Regional Government attended...

Investment in Kurdistan Region Exceeds $4 Billion

Investment in the Kurdistan Region exceeded $4 billion in 2025, reflecting growing confidence in the Region’s economy, according to Mohammed Shukri, Chairman of the...

Chinese Company Plans Auto Assembly Plant in Erbil

A Chinese company plans to open an automobile assembly plant in Erbil, expanding industrial investment in the Kurdistan Region. Ma’ruf Azizkhan Harki, deputy head of...

Despite Budget Uncertainty, Kurdistan Extends Oil Deal and Nears Full 24-Hour Power

Amid continued delays in approving Iraq’s federal budget, the Kurdistan Region has secured a temporary extension of its oil export agreement with Baghdad. At...

Iraq Requests Kurdistan to Reduce Customs Tax by 25%

Iraq has introduced a major change in its customs policy. The General Customs Directorate under the Ministry of Finance announced a 25% reduction in...
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