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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Brent Oil Surges Above $107 as Supply Risks and Political Tensions Rise

Brent crude oil prices rose on Monday as global markets reacted to ongoing geopolitical tensions and concerns over supply disruptions. The benchmark gained around...

Bitcoin Moves Closer to the $80,000 Mark

Bitcoin continues its upward momentum and recently climbed past $78,500, drawing strong attention from traders and investors across the global crypto market. The digital...

“My Account” Warns Salary Recipients about Online Banking Scam

The “My Account” team warned salary recipients and bank users about a new electronic scam in the Kurdistan Region. Officials say fraudsters now contact people...

Coalition Financial Aid for Peshmerga to be Distributed

The Kurdistan Region’s Ministry of Peshmerga announced today that it will distribute financial aid from international coalition partners to Peshmerga forces. On April 26, 2026,...

KRG Expands 24-Hour Power Access to Over 85% of Population Under Runaki Initiative

The Kurdistan Regional Government has expanded round-the-clock electricity access to more than 85% of the population under its Runaki initiative. The Ministry of Electricity...

Erbil Airport Set for Full Flight Resumption by Early June, Official Says

All commercial airlines are expected to resume normal operations at Erbil International Airport by early June. The timeline follows the reopening of Iraqi airspace...
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