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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Traders in Duhok Call for Iraq–Kurdistan Talks Over Customs Tariffs

Traders in Duhok are warning about rising prices after Iraq changed its customs tariffs. The Duhok Chamber of Commerce and Industry says the new...

Private Sector Emerges as Key Job Engine in Kurdistan Region, Officials Say

The private sector has become a major driver of job creation in the Kurdistan Region, generating 161,000 direct employment opportunities in 2025, according to...

KRG Finance Ministry Slams Baghdad Over ‘Investment Blockade’ as Region Receives Only 41% of Budget Entitlements

The Ministry of Finance and Economy of the Kurdistan Regional Government (KRG) has sharply criticized the federal government in Baghdad over what it describes...

Zakho Supervisor Reports $400 Million in Investment and Major Infrastructure Gains in 2025

The Zakho Independent Administration attracted nearly $400 million in investment during 2025, marking a year of major infrastructure expansion, industrial growth, and rising tourism, local officials...

Governor: Erbil Sustained Growth Despite a Tough 2025

Erbil Governor Omed Khoshnaw described 2025 as a difficult year marked by sharp financial pressure on the Kurdistan Region. However, he said Erbil continued...

KRG Prepares to Transfer Non-Oil Revenues to Baghdad Amid Pending Payments and Payroll Audits

The Kurdistan Regional Government (KRG) is preparing to transfer non-oil revenues to Baghdad. Officials plan to deposit the funds soon into the Iraqi Ministry...
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