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Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region.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 Expands Electronic Payment System, Reaching the Kurdistan Region with Over 21 Million Cards Distributed

The Kurdistan Region of Iraq has distributed over 21 million electronic payment cards, according to the head of the Iraqi Electronic Payment Project. Of...

Bitcoin Faces Sharp Decline Amid Trade War Fears, Market Value Drops by $500 Million

On Monday, the value of Bitcoin declined to approximately $77,171, marking its lowest point in nearly a month. This decrease follows a Sunday evening...

Trump’s 39% Tariff on Iraqi Imports Disrupts Harir Factory Operations and Exports

The recent decision by U.S. President Donald Trump to impose a 39% tariff on Iraqi imports has significantly impacted the operations at the Harir...

Ministry of Finance of the Kurdistan Regional Government Prioritizes Banking System Modernization

The Ministry of Finance of the Kurdistan Regional Government (KRG) is actively working to enhance and modernize the banking system. Their efforts aim to...

KRG Clarifies Impact of U.S. Tariffs on Kurdistan Region’s Exports

The Kurdistan Regional Government (KRG) has clarified that the recent decision by U.S. President Donald Trump to impose tariffs on imported goods will not...

KRG Implements Digital Salary Distribution for 313,000 Employees Through My Account Project

The Kurdistan Regional Government (KRG) has begun distributing salaries through a digital system using 550 ATMs as part of the "My Account" initiative. A...
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