Economy

Gold Prices Fall as Stronger US Dollar Pressures Precious Metals Market

Gold prices declined on Tuesday after Asian markets opened. A stronger US dollar and rising expectations of another interest rate increase in the United States pushed the precious metal...

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...

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...
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Gold and Silver Prices: What to Expect in the Coming Days

Following the announcement of a nuclear agreement between the United States and Iran, gold and silver prices in Kurdistan and global markets have seen...

Erbil and Baghdad Agree to Unify ASYCUDA System Procedures

Officials from the Kurdistan Region and the Iraqi federal government reached an initial agreement to unify the ASYCUDA customs system. The step aims to...

Bitcoin Rockets to Nearly $73,000 as Crypto Markets Rebound

Bitcoin surged sharply on Wednesday, reaching nearly $73,000, following the announcement of a temporary ceasefire between the United States and Iran. The news boosted...

March Salaries Have Been Approved for Kurdistan Employees, Awaits Non-Oil Revenue

The Iraqi government approved March salaries for public employees in the Kurdistan Region and is now waiting for non-oil revenues to transfer the payments. Officials confirmed...

Gold Prices Jumped Over $100

Gold prices jumped on Wednesday after a ceasefire announcement involving Iran, the United States, and Israel. The news boosted market confidence and pushed gold...

KRG Agreement on Unified Customs Policy and Joint Border Management With Iraq’s Federal Government

The Kurdistan Regional Government (KRG) and Iraq’s federal government have reached a major agreement to unify customs policies and jointly manage border crossings. The...
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