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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Duhok to Build $110 Million Sugar Factory to Strengthen Food Security and Create Jobs

Duhok will soon host a major sugar factory under a new $110 million investment project designed to support agriculture, create jobs, and improve food...

Brent Oil Approaches $125 Amid Global Supply Fears

Global oil prices rose sharply this week, with Brent crude moving close to $125 per barrel amid growing fears of supply disruption in the...

Hormuz Strait Closure Pushes Up Engine Oil Prices in Kurdistan

Engine oil prices have climbed across the Kurdistan Region after shipping disruptions linked to the closure of the Strait of Hormuz. Traders say imported engine...

Runaki Project: 80% of Kurdistan Households Pay Less Than 59,000 IQD for Electricity

The Runaki electricity project has released new data for March, showing that 80% of households in the Kurdistan Region paid less than 59,000 Iraqi...

Economic Experts: Two Factors Could Push Gold Price Up by $250 per Ounce

Gold prices have fallen over the past two days in both global markets and the Kurdistan Region. Economic experts link this decline mainly to...

KRG Reaffirms Support for Investors and Economic Growth

The Kurdistan Regional Government (KRG) has reaffirmed its commitment to supporting investors across the Kurdistan Region. Prime Minister Masrour Barzani announced during a high-level...
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