Economy

Kurdistan Region Distributes Around 50,000 Subsidized Gas Cylinders Daily to Ease Shortage

Authorities in the Kurdistan Region are distributing nearly 50,000 subsidized household gas cylinders each day to address an ongoing supply crisis. Officials continue deliveries across all provinces and independent...

New Generator Prices and Schedules Set for April Across Kurdistan Region

Authorities have announced new pricing and operating schedules for private neighborhood generators for April in several areas of...

Kurdistan Lifts Ban on Tomato Imports to Stabilize Prices

The Kurdistan Region’s Ministry of Agriculture and Water Resources has lifted the ban on tomato imports after prices...

Silver Prices Rise Above $70 Amid Ongoing Regional Tensions

Silver prices rise sharply on Monday, with one ounce rising by 1.17%, or about 80 cents, to trade...

In Erbil Markets Dollar Rises Amid Regional Economic Fluctuations

The U.S. dollar continued to strengthen in Erbil on Monday, reflecting ongoing regional and global economic developments. According...
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KRG Announces 24-Hour Electricity for Nearly 4.5 Million Citizens

The Kurdistan Regional Government (KRG) announced on October 30 that nearly 4.5 million citizens, or around 70% of the Kurdistan Region’s population, now receive 24-hour electricity through the Runaki program. The achievement marks...

Kurdistan Real Estate Boom Turns Region into Iraq’s Investment Powerhouse

The Kurdistan real estate boom has changed the region’s economy, turning it into one of Iraq’s strongest investment hubs. Since 2003, the Kurdistan Region has shifted...

Kurdistan Food Production Boosted by $100M Plant in Erbil

Prime Minister Masrour Barzani inaugurated the Megal Project in Erbil, a $100 million private-sector investment that strengthens Kurdistan food production. The project, built on...

Kurdistan Oil Production Surges as DNO Reports Record Revenue

DNO ASA posted record revenue of USD 547 million and an operating profit of USD 222 million in Q3 2025. Both figures more than...

Kurdistan Boosts Economy with Innovation and Knowledge-Based Growth

Prime Minister Masrour Barzani launched the foundation for the Kurdistan Innovation Institute’s Science Park. The project marks a major step toward turning Kurdistan into...

Kurdistan Oil Exports Pass 200,000 Barrels Daily

Kurdistan oil exports have climbed above 200,000 barrels per day, marking a vital economic recovery after more than two years of shutdown. This achievement signals...
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