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 Prices Fall Below $95 as Markets React to Geopolitical Tensions

Global Brent oil prices fall again on Thursday as traders responded to shifting geopolitical expectations and economic data from major economies. Brent crude from the...

Gold Prices Rise as One Ounce Trades Near $4,820

Gold prices continue to rise as global markets reopen in Asia. One ounce of gold now trades at around $4,820, holding firmly above the...

Kurdistan Boosts Wheat Output but Rejects Baghdad’s Allocation

The Kurdistan Regional Government Ministry of Agriculture and Water Resources expects wheat production this season to exceed two million tons. At the same time, it has...

Key Factors Behind the Rise in Chicken Prices

Chicken prices have increased in markets across the Kurdistan Region, and the Ministry of Agriculture has outlined several reasons behind this rise, linking it...

Brent Oil Trades Near $97 as Prices Fall on Iran–U.S. Negotiation Outlook

Brent crude oil is currently trading at around $97 per barrel as global oil prices declined on Tuesday amid expectations of continued negotiations between...

Gas Prices Fall as Kormor Production Resumes

Gas prices in the Kurdistan Region are expected to fall after production restarted at the Kormor gas field, operated by Dana Gas. The company...
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