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Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region.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 Tourism Companies Report Zero Ticket Sales for 15 Days Amid Airspace Closure

Tourism companies in the Kurdistan Region say the airspace closure has severely damaged the travel sector. Industry representatives say travel agencies have not sold...

Kurdistan Region Defines Four Electricity Tariff Categories for Residential Projects

The Kurdistan Regional Government has introduced four distinct electricity tariff categories for residential projects, setting rates between 220 and 380 dinars per kilowatt-hour. The...

E-Psula Electronic Payment System to Resume as 20% Electricity Discount May Be Extended

The E-Psula Electronic Payment System stopped working for nearly a week across the Kurdistan Region. This outage prevented many citizens from paying public service...

Gold Price Falls to Nearly $5,155 as Dollar Strengthens

Gold price declined on Thursday as oil prices increased and the U.S. dollar strengthened. These changes reduced demand for gold in global markets. After Asian...

Brent Oil Prices Fall to $87 per Barrel

Global oil prices declined on Wednesday as markets reacted to news about a possible release of strategic oil reserves. Reports suggested that the International...

Gold Trades Near $5,200 per Ounce as Investors Return to Safe Haven Assets

Gold prices increased on Wednesday as investors returned to the precious metal as a safe investment. One ounce of gold traded at nearly $5,200,...
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