Economy

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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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 dinars once again. The rebound followed...

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 ongoing salary payments. It also reflects...

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...

Iraqi Dinar Exchange Rate Remains Unstable Amid Political Unrest

The Iraqi dinar exchange rate against the U.S. dollar continues to fluctuate. Experts say political instability drives the changes. Traders and citizens watch the market closely. Kafi...

120 Billion Dinar is Being Prepared From Domestic Revenue for Salaries

The Kurdistan Region is actively preparing 120 billion Iraqi dinars in domestic revenue. Officials in the Ministry of Finance and Economy are focusing on...

With the Reopening of Global Markets, Gold, Silver, and Oil Prices Decline

With the reopening of global markets at the start of the week, prices of gold, silver, and oil declined sharply, reflecting renewed volatility in...
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