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Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region.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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Iraq and the Kurdistan Region Top Turkish Vegetable Importers in 2024

In 2024, Turkey’s vegetable export sector reached a historic milestone, totaling $2.47 billion—an 80% increase compared to a decade ago, according to the latest...

Iraqi Central Bank Tightens Regulations on Overseas Dollar Withdrawals

In response to increasing concerns over the misuse of hard currency abroad, the Central Bank of Iraq has significantly intensified its restrictions on the...

Erbil Advances Infrastructure Development with 48 Strategic Road Projects

The Kurdistan Regional Government (KRG) has initiated a major infrastructure campaign in Erbil, approving 48 strategic road sector projects, including the construction of three...

Erbil Governor Presses for Opening of Kelashin Gate to Strengthen KRG–Iran Trade Relations

During a multi-day diplomatic mission to the Islamic Republic of Iran, Erbil Governor Omed Khoshnaw engaged in high-level meetings with Iranian officials to address...

Erbil Hosts METEX 2025, the Region’s Largest International Tourism Exhibition

Erbil today hosted the launch of the Middle East Tourism Exhibition (METEX) 2025, the largest international tourism event ever held in the Kurdistan Region....

Iraq’s Banking System Under Scrutiny in Global Risk Assessment

A recent international assessment has identified Iraq’s financial and banking infrastructure among the most vulnerable and high-risk systems globally. The findings emerged from a...
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