Business

The Mystery Behind the Korek Telecom Disruptions

The Korek Telecom crisis continues, and the issue appears political. The head of Korek Telecom’s Board of Directors confirmed ongoing discussions but said authorities show little interest in solving...

Gold Prices Surge in Kurdistan Region

Gold prices rose sharply across the Kurdistan Region on Tuesday. The increase pushed 21-karat gold above one million...

January Flour Distribution in the Kurdistan Region

The Iraqi Ministry of Trade has taken new steps to secure food supplies. As a result, flour distribution...

Kurdistan Prepares Domestic Revenue Transfer to Baghdad

The Kurdistan Region’s Ministry of Finance has started preparations to transfer domestic revenues to Baghdad. The move supports...

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...
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Kurdistan Oil Exports Near Six Million Barrels, SOMO Data Shows

Iraq’s State Organization for Marketing of Oil (SOMO) exported nearly six million barrels of crude oil from the Kurdistan Region last month as part...

Masrour Barzani, Kuwaiti Commerce Minister Discussed Expanding Investment and Trade Ties in Davos

Kurdistan Region Prime Minister Masrour Barzani met with Kuwait’s Minister of Commerce and Industry, Khalifa Al Ajeel, on the sidelines of the World Economic...

Kurdistan’s Oil Payments Crisis Exposes Baghdad’s Revenue Control Strategy

The Kurdistan Region is facing a deep and prolonged oil payments crisis. This crisis is not only financial. It reflects a wider federal power...

Qaiwan Group Owner Highlights Kurdistan’s Economic Vision at Davos Forum

Sheikh Fakhir Tayeb, owner of Qaiwan Group, is participating in the Davos Forum, the world’s largest annual economic gathering. His presence highlights the growing...

Kavin Group Launches Push to Attract Foreign Investment at Davos

Kavin Group has launched a new drive to attract foreign investment during the World Economic Forum in Davos. The initiative comes as part of...

Erbil Hosts First International Logistics Exhibition

The Kurdistan Region and Iraq are hosting the first International Logistics Exhibition, Erbil Logistics 2026, starting on Thursday, January 15, 2026. The event is being...
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