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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Kurdistan Wheat Procurement Dispute Pushes Demand Above 400,000 Tons

Iraq’s parliament approved several farmers' demands. It also instructed the federal government to implement them, including wheat procurement from the Kurdistan Region. In addition,...

Silver Prices Fall Below $80 Amid Market Uncertainty and Geopolitical Tensions

Silver prices dropped below the $80 mark on Tuesday, reflecting ongoing uncertainty in global markets. The price of one ounce fell by 80 cents,...

What Factors are Driving the Recent Drop in Gold Prices?

Gold prices have dropped to around $4,800 per ounce, reversing recent gains as global tensions and economic expectations shift. The decline comes amid renewed...

Brent Oil Surges Past $96 Amid Escalating U.S.-Iran Tensions

Brent oil prices rose sharply on Monday, with Brent crude jumping more than 6% to surpass $96 per barrel, recovering a significant portion of...

Silver Price Falls to Around $80 per Ounce

Silver price declined on Monday, with one ounce falling by about 50 cents to settle at $80.23 in international markets. Despite the drop, early...

Kurdistan Issues 25 New Investment Licenses Despite Drone Threats

Kurdistan Region continued to attract investment despite ongoing regional tensions and drone attack risks linked to the Iran conflict. Over the past three months,...
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