Economy

Kurdistan Region Reaffirms Commitment to Foreign Investment and Economic Diversification

The Kurdistan Regional Government (KRG) has renewed its commitment to attracting foreign investment and diversifying the economy. Officials say reducing dependence on a single source of revenue remains a...

Kurdistan Region Receives 68,000 Tons of Wheat from Farmers

The Kurdistan Regional Government (KRG) has received 68,000 tons of wheat from local farmers this season. The Ministry...

Weakening Iraqi Dinar Drives Up Gold Prices in Kurdistan Markets

The decline in the value of the Iraqi dinar against the US dollar has increased gold prices in...

Darin Group Launches DC Towers Project in Erbil as a New Architectural and Eco-Friendly Landmark

Darin Group has announced its new residential project, “DC Towers,” in Erbil. The company presents it as a...

Baghdad and Erbil Near Agreement on Digital Customs System and Revenue Sharing

The Kurdistan Regional Government (KRG) and Baghdad are close to a major agreement on customs reform. They have...
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Oil Prices Surge Above $111 Amid Rising Middle East Tensions

Oil prices surged past $111 per barrel on Monday as tensions in the Middle East escalated following reports that the United Arab Emirates and...

Gold Prices Trade Around $4,540 as Markets React to Global Tensions

Gold prices started the week under pressure on Monday, briefly falling toward their lowest level in nearly a month. During early trading, the precious...

KRG Prepares May Salary List and Review Report for Submission to Baghdad

The Ministry of Finance in the Kurdistan Region has completed the required steps for releasing May salaries. Officials say they finalized the salary list...

Erbil International Airport Records 758 Flights After Airspace Reopens

Erbil International Airport has completed more than 758 flights since air travel returned to normal after the regional ceasefire ended weeks of disruption. Ahmed Wushyar,...

Kurdistan Region Launches New Survey to Update Unemployment Rate

The Kurdistan Region is preparing to launch a new labor-force survey aimed at updating official unemployment figures and providing a clearer picture of the...

Local Investors to Lead Major Economic Projects

Kurdistan Region Prime Minister Masrour Barzani has urged local investors to take a bigger role in major economic projects. Specifically, he called on business leaders to form...
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