Economy

Gold Prices Rise by Nearly $50 Per Ounce as Geopolitical Developments Support Market

Gold prices rose on Monday, the first trading day of the week. The precious metal recovered part of the losses it suffered during the previous market session. Last Friday,...

Iraqi Dinar Weakens as US Dollar Reaches 157,000 Dinars

The Iraqi dinar declined against the US dollar on Monday, pushing the exchange rate in the Kurdistan Region...

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...

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...
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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...

Bitcoin Falls Below $80,000 as Global Uncertainty Weighs on Crypto Markets

Bitcoin, the world’s largest cryptocurrency, extended its losses for a third consecutive day on Sunday as investors reacted cautiously to rising geopolitical tensions and...

Live Animal Prices Rise in Kurdistan Markets Ahead of Eid al-Adha

Prices of live animals have climbed across the Kurdistan Region as families prepare for Eid al-Adha and demand grows in local markets. At the same time, authorities...

Prime Minister Barzani Opens Soran Landmark Bridge and Dual-Carriageway

Kurdistan Region Prime Minister Masrour Barzani on Thursday inaugurated the elevated bridge and 40-meter dual-carriageway in Soran, calling the project a major milestone for...

Brent Oil Surges Above $105

Brent crude oil climbed above $105 per barrel on Thursday as global markets reacted to rising geopolitical tensions and expectations around a key diplomatic...
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