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Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region.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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Progress in Rural Water Infrastructure Development in Erbil Province

The construction of a vital water reservoir in Zarwaw village, located in the Darashakran district of Erbil province, is nearing completion. As part of...

Implementation of Digital Food Ration System Advancing Across Kurdistan Region

The Kurdistan Region is advancing efforts to modernize its public distribution system through the digitization of monthly food ration cards, with over 5.35 million...

Islamic Economist Warns Against Forex Trading, Authorities Confirm It’s Illegal in Kurdistan

An expert in Islamic economics has strongly warned against participating in Forex trading, stating that all forms of such transactions are forbidden under Islamic...

The Indian Ambassador stated that they encourage entrepreneurs and businesspeople from both the Kurdistan Region and India to strengthen and broaden their partnerships

The Indian Ambassador to Iraq, Somin Pakchi, has emphasized the growing importance of trade ties between India and the Kurdistan Region, advocating for further...

Genel Energy Seeks to Resume Oil Exports and Resolve Financial Issues with KRG

Genel Energy is working with relevant parties to resume oil exports from the Kurdistan Region through pipelines. The company emphasizes the need for the...

Erbil Security Directorate: Ban on Assistance and Promotion of Electronic Currencies

The Erbil General Security Directorate has issued a statement declaring a ban on transactions involving all forms of electronic and metal currencies, including Forex...
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