Economy

Gold Prices Drop in Erbil Markets

Gold prices fell in Erbil on Wednesday, reflecting a slight downward trend in local trading. In the city’s jewelry markets, 22-carat gold was sold at 1,085,000 IQD per mithqal,...

MomyandMe in Erbil: The Heart of a Mom-and-Child Community

Erbil is seeing more spaces that support families, and MomyandMe has quickly become one of the most popular....

Dana Gas Withdraws Staff from Khor Mor Gas Field Amid Regional Security Threats

Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region. The...

Fly Erbil Loses $6 Million Aircraft Due to the Ukraine War

Fly Erbil has suffered a major financial loss after one of its aircraft became stranded in Ukraine due...

Dollar Falls in Erbil Markets

The U.S. dollar recorded a slight decline in Erbil markets, reflecting ongoing fluctuations in the local currency exchange...
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Kurdistan Regional Government Ministry of Natural Resources Responds to Iraqi Ministry of Oil Statements

The Kurdistan Regional Government Ministry of Natural Resources has responded to recent statements from the Iraqi Ministry of Oil. Officials say Baghdad’s claims misrepresent...

Silver Prices Continue to Decline in Kurdistan Region Markets

Silver prices continue to fall in markets across the Kurdistan Region as regional instability reduces demand for the metal. Traders say the ongoing conflict...

Brent Crude Oil Trades Above $104

Global oil prices remained high on Monday as markets reacted to rising geopolitical tensions in the Middle East. A barrel of Brent crude oil...

What Is the Condition for Exporting Oil Through the Kurdistan Pipeline?

Kurdistan has not exported any oil this month. Tensions in the Hormuz Strait due to the Iran conflict have created major obstacles for Iraq’s...

Trade and Tourism Activity Resume at Kurdistan Region Border Crossings

Trade and tourism movement has resumed at key border crossings between the Kurdistan Region and Iran after a 15-day suspension caused by security tensions...

Kurdistan Gold Market Introduces Three Lower-Purity Gold Standards

The gold market in the Kurdistan Region has introduced three new, lower-purity gold standards in response to rising gold prices. Industry officials say the...
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