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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Kurdistan Region to Reduce Commercial Banks as National Bank Expansion Begins

The Kurdistan Regional Government (KRG) has started restructuring its banking sector by reducing the number of commercial banks across the region. At the same...

More Than 60 Spanish Companies to Visit Kurdistan Region for Investment Forum

More than 60 Spanish companies will visit the Kurdistan Region in November to join a major investment forum. The event will promote trade, investment, and business cooperation. Government...

Kurdistan Tomato Exports Set to Expand as Harvest Expected to Exceed 500,000 Tons

The Kurdistan Region plans to export locally grown tomatoes this year. Officials expect the harvest to exceed 500,000 tons. The large crop has created a...

Erbil Investment Licenses Reach 850 as Investor Confidence Strengthens

Erbil continues to attract investors as business activity expands across the Kurdistan Region. The General Directorate of Investment has now issued 850 investment licenses, highlighting...

Car Imports Decline in Kurdistan Region After ASYCUDA System Implementation

Vehicle imports in the Kurdistan Region have fallen after the introduction of the ASYCUDA system. New rules on dollar payments to traders also affected import...

Kurdistan Investment Board Seeks Stronger Economic Partnership With Spain’s Murcia Region

The Kurdistan Region is expanding its investment partnership with Spain’s Murcia region. Officials hope the cooperation will attract new investment and transfer valuable knowledge...
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