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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Gas Supply Returns to Normal and Commercial Prices Drop

Gas distribution for households has returned to normal, while commercial gas prices have also started to decrease after production resumed and government supply channels...

April Salary List Submitted to Baghdad as Audit Process Begins

The Kurdistan Region’s Ministry of Finance sent the April salary list and financial reconciliation report to Baghdad. This step opens the official audit process...

Gold Prices Dropped Below $4,800 as Stronger Dollar Pressures Market

Gold prices dropped below the $4,800 mark on Tuesday after Asian markets opened. The price fell to around $4,780 per ounce. A stronger U.S....

Global Oil Prices Surge Over 5% Amid Rising U.S.–Iran Tensions

Global oil prices rose by more than 5 percent as concerns grew over a possible collapse of the ceasefire between the United States and...

Iraqi Dinar Weakens Again: $100 Trades at...

The value of the Iraqi dinar fell again on Tuesday after briefly strengthening earlier this week. In the latest trading, $100 is now exchanged...

April Salary List Submission to Baghdad Delayed Due to Ongoing Audit Process

The Kurdistan Region delayed sending the April salary list to Baghdad because technical audit work is still ongoing. Officials had planned to complete and...
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