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 Fall by $710 per Ounce in Three Days

Gold prices in the Kurdistan Region and global markets have declined over the past three days. The drop follows new economic and geopolitical developments....

More Than 1,400 Service Projects Implemented in One Year in Soran Administration

The Soran Independent Administration has implemented more than 1,400 service projects across several key sectors within one year, reflecting significant progress in infrastructure development...

RT Bank Allows “My Account” Customers to Borrow Salary in Advance

RT Bank, a major participant in the “My Account” project, has launched a new service for account holders. For the first time, customers can...

Dinar Value Rises Against the U.S. Dollar in Kurdistan Region

The dinar value has strengthened against the U.S. dollar in the Kurdistan Region and across Iraq. Economic experts say that bank transfers and political...

Gold Prices Surge in Kurdistan and Global Markets

Gold prices in the Kurdistan Region and global markets continue to rise sharply. Economic experts link this increase to expectations of a U.S. Federal...

SOMO Signals Possible Renewal of Kurdistan Oil Export Deal

Iraq’s State Oil Marketing Organization (SOMO) has signaled that renewing the Kurdistan oil export deal remains possible. The organization said this is due to...
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