Economy

Kolbar Trade Resumes at Haji Omaran Border Crossing After Three-Month Halt

Kolbar trade has resumed at the Haji Omaran border crossing after nearly three months of suspension. Hundreds of couriers now cross the border daily under new rules. The reopening...

Iraqi Dinar Continues to Drop Sharply as 100 Dollars Exceeds 160,000 Dinars

The Iraqi dinar weakened further on Monday. The exchange rate moved sharply in Kurdistan Region markets. By midday,...

Oil Prices Fall Below $80 as Hopes of Higher Supply Weigh on Markets

Oil prices fell on Monday after fresh diplomatic developments raised hopes of increased crude exports and higher global...

LPG Prices Fall Sharply in Kurdistan, Household Gas Cylinder Refill Drops to 10,000 Dinars

The price of liquefied petroleum gas (LPG), commonly known as household gas, continues to decline across the Kurdistan...

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...
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Gold Prices are Falling Despite Ongoing Global Tensions

Gold prices fell on Wednesday despite ongoing geopolitical tensions. Stronger U.S. inflation data reduced hopes for interest rate cuts. After Asian markets opened, spot...

More Than 762,000 Employees to Receive April Salaries Through MyAccount System

The Kurdistan Region’s digital salary platform, known as MyAccount, has announced its latest figures for April salary payments, showing continued growth in the number of...

April Salary Funding Completed for Kurdistan Region Employees as Payment Process Set to Begin

Authorities in the Kurdistan Region confirmed the completion of April salary funding for public employees. As a result, the Ministry of Finance and Economy...

Brent Crude Oil Nears $104 Per Barrel Amid Middle East Tensions

Oil prices moved higher on Tuesday after Asian markets reopened. Rising tensions in the Middle East and stalled negotiations between the United States and...

Gold Prices Stay Elevated Near $4,720 Amid Global Uncertainty

Gold prices posted strong gains on Tuesday before trimming earlier advances, as investors reacted to rising geopolitical tensions and persistent inflation concerns. An ounce of...

Air Ticket Prices Rise Across the Kurdistan Region

Air travel from the Kurdistan Region to international destinations has returned to normal operations. However, passengers now pay significantly higher ticket prices than before...
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