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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Iraq Expands Electronic Payment System, Reaching the Kurdistan Region with Over 21 Million Cards Distributed

The Kurdistan Region of Iraq has distributed over 21 million electronic payment cards, according to the head of the Iraqi Electronic Payment Project. Of...

Bitcoin Faces Sharp Decline Amid Trade War Fears, Market Value Drops by $500 Million

On Monday, the value of Bitcoin declined to approximately $77,171, marking its lowest point in nearly a month. This decrease follows a Sunday evening...

Trump’s 39% Tariff on Iraqi Imports Disrupts Harir Factory Operations and Exports

The recent decision by U.S. President Donald Trump to impose a 39% tariff on Iraqi imports has significantly impacted the operations at the Harir...

Ministry of Finance of the Kurdistan Regional Government Prioritizes Banking System Modernization

The Ministry of Finance of the Kurdistan Regional Government (KRG) is actively working to enhance and modernize the banking system. Their efforts aim to...

KRG Clarifies Impact of U.S. Tariffs on Kurdistan Region’s Exports

The Kurdistan Regional Government (KRG) has clarified that the recent decision by U.S. President Donald Trump to impose tariffs on imported goods will not...

KRG Implements Digital Salary Distribution for 313,000 Employees Through My Account Project

The Kurdistan Regional Government (KRG) has begun distributing salaries through a digital system using 550 ATMs as part of the "My Account" initiative. A...
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