Economy

Kurdistan Commerce Ministry: Six Months Food Supplies Ready, Market Hoarding Prohibited

The Kurdistan Region’s Ministry of Commerce and Industry has assured citizens that the ongoing war will not cause food shortages. The ministry confirmed that warehouses currently hold enough essential...

Erbil to Begin Second Food Distribution of 2026 Next Week

The Erbil Food Distribution Directorate will begin the second round of food aid for 2026 next week. Officials...

Discover Erbil’s Stylish Beauty Haven: LaJour Sakura Park & LaJour Empire

In the vibrant city of Erbil, beauty and self‑care go hand in hand with quality and comfort at LaJour...

Erbil Rejects Plan to Hand Over Border Crossings to Baghdad

The Kurdistan Regional Government (KRG) has firmly rejected reports claiming it agreed to hand over its border crossings...

Gold Prices Declined to Around $4,700

Gold prices declined sharply on Thursday, highlighting renewed volatility in global financial markets. The price of gold declined by...
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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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