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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One Ounce of Gold Now Trades at About 4,670 Dollars

One ounce of gold is currently trading at around 4,670 dollars after extending its decline for a second consecutive day. The precious metal has...

Silver Prices Drop Below $75 Amid Global Market Uncertainty

Silver prices dropped below $75 on Tuesday and continued a downward trend that started earlier in the week. The metal traded at about $74.60...

Duhok Approves 28 New Investment and Industrial Projects to Boost Economy

Duhok authorities have approved 28 strategic projects in the investment and industrial sectors, aiming to strengthen the province’s economy and infrastructure. Officials decided during a...

Oil Prices Surge as Brent Crude Climbs Above $108 Amid Gulf Tensions

Global oil prices continued their upward momentum, with Brent crude rising above $108 per barrel, driven by escalating geopolitical tensions and disruptions in key...

KRG Launches 100 Billion Dinar Project to Build Three Major Power Substations in Erbil

The Kurdistan Regional Government (KRG) has approved a major electricity project worth nearly 100 billion Iraqi dinars to build three high-voltage power substations in...

Gold Trades Above $4,700 as Market Rebounds on Geopolitical Signals

Gold prices recovered on Monday, the first trading day of the week, after an early decline. The market quickly reversed direction and erased its...
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