Economy

DNO Resumes Operations at Tawke Oil Block

Norwegian energy company DNO has restarted operations at the Tawke oil block in the Kurdistan Region after a period of limited activity. The company resumed restricted field operations on...

Runaki App Nears Launch as Registrations Pass 900,000

The Kurdistan Regional Government’s (KRG) “Runaki” electricity project has surpassed 900,000 registered subscribers across the Kurdistan Region. Meanwhile,...

Gold Prices Surge in Kurdistan Markets as 21-Carat Reaches 980,000 IQD

Gold markets across the Kurdistan Region and global trading hubs experienced a sharp rebound after a recent decline....

Kurdistan Region’s Wheat Quota Expected to Increase for Farmers

The Kurdistan Regional Government says it has made progress in talks with Baghdad to increase the wheat purchase...

Erbil to Transfer 60 Billion Dinars in Non-Oil Revenue to Baghdad

The Kurdistan Regional Government has announced plans to transfer 60 billion Iraqi dinars in non-oil revenue to Baghdad...
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Gold Prices Drop Again in Kurdistan and Global Markets

Gold prices dropped again in the Kurdistan Region and global markets as uncertainty continues to affect precious metals trading. Economic analysts say shifts in...

KRG Support Plan Waives Electricity Bills for 21,000 Households

More than 21,000 electricity subscribers in the Kurdistan Region received zero electricity bills for March under a support program launched by the Kurdistan Regional...

Iran Resumes Tomato Exports to Kurdistan Region, Prices Drop Sharply

Iran has reopened the export of tomatoes to the Kurdistan Region, leading to a sharp decline in local market prices after weeks of high...

KRG Interior Ministry Bans Cryptocurrency and Forex Trading

The Kurdistan Regional Government’s Ministry of Interior has officially banned cryptocurrency and Forex trading across the Kurdistan Region, warning that authorities will take legal...

KRG Launches Summer Water Plan as Major Infrastructure Projects Move Forward

The Kurdistan Regional Government (KRG) has announced its summer water strategy. The plan focuses on projects that aim to alleviate shortages and enhance water...

Baghdad Allocates Over 12 Billion Dinars for Wheat Farmers in Kurdistan Region

Iraq’s Ministry of Trade has approved 100 billion Iraqi dinars for farmers across the country. More than 12 billion dinars will go to wheat...
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