Economy

KRG Prepares to Transfer Non-Oil Revenues to Baghdad Amid Pending Payments and Payroll Audits

The Kurdistan Regional Government (KRG) is preparing to transfer non-oil revenues to Baghdad. Officials plan to deposit the funds soon into the Iraqi Ministry of Finance’s bank account to...

Flights from Sulaymaniyah Airport to Germany Resume After Long Suspension

Flights from Sulaymaniyah International Airport to Germany have officially resumed after nearly two and a half years of...

Kurdistan Region Expects 200,000 Tourists During New Year Holiday

The Kurdistan Region expects a major increase in tourist arrivals during the New Year holiday. Officials say more...

President Barzani Receives New Polish Consul General, Stresses Stronger Relations

President Masoud Barzani received Maciej Zajdel, the new Polish Consul General in Erbil, in Pirmam. The meeting focused on strengthening...

Liquid Air Emerges as a New Solution for Storing Solar and Wind Energy

A new technology is changing how countries store clean energy. From now on, solar and wind power can...
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Bitcoin Sees Significant Gains Amid Declining U.S. Dollar Value

Bitcoin experienced a notable increase of 3.51%, reaching $88,202.60, as the value of the U.S. dollar weakened against its primary benchmark. The decline in...

Trade Barriers Rise: Kurdish Goods Face 39% Tariff in U.S. Market

On Sunday, April 20, 2025, the U.S. government announced the implementation of a 39 percent tariff on imported goods originating from Iraq and the...

Prime Minister Masrour Barzani ordered the transfer of the salary banking process to the Ministry of Finance

Prime Minister Masrour Barzani has issued an official directive transferring the responsibility for managing the public salary banking system, referred to as "My Account,"...

Prime Minister Masrour Barzani Prioritizes Digital Transformation to Enhance Public Services and Drive Economic Growth

In his recent speech, Prime Minister Masrour Barzani emphasized the critical importance of digital government excellence in fostering investment, boosting economic growth, attracting skilled...

Key Card Company Launches MasterCard for Importers to Ease Currency Access and Boost Trade

Key Card Company has introduced a MasterCard for importers, allowing them to purchase goods from abroad at the official dollar rate of the Central...

Challenges Arising from QR Code Requirement for Trade Between Kurdistan Region and Iraq

The deadline for trucks to implement QR codes as part of Iraq's new trade policy passed in November 2024, leading to increased challenges for...
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