Economy

President Barzani Meets Canadian Delegation to Boost Economy and Technology Ties

President Masoud Barzani welcomed a delegation from the Canadian-Kurdish Friendship Group in Pirmam. The two sides discussed ways to expand relations between Canada and the Kurdistan Region. They focused...

Gold Prices Fall as Stronger US Dollar Pressures Precious Metals Market

Gold prices declined on Tuesday after Asian markets opened. A stronger US dollar and rising expectations of another...

Kolbar Trade Resumes at Haji Omaran Border Crossing After Three-Month Halt

Kolbar trade has resumed at the Haji Omaran border crossing after nearly three months of suspension. Hundreds of...

Iraqi Dinar Continues to Drop Sharply as 100 Dollars Exceeds 160,000 Dinars

The Iraqi dinar weakened further on Monday. The exchange rate moved sharply in Kurdistan Region markets. By midday,...

Oil Prices Fall Below $80 as Hopes of Higher Supply Weigh on Markets

Oil prices fell on Monday after fresh diplomatic developments raised hopes of increased crude exports and higher global...
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Chinese Company Plans Auto Assembly Plant in Erbil

A Chinese company plans to open an automobile assembly plant in Erbil, expanding industrial investment in the Kurdistan Region. Ma’ruf Azizkhan Harki, deputy head of...

January Month’s Salary will be Paid Through “My Account”

The Iraqi Ministry of Finance will deposit this week the first month’s salaries of pensioners into the Ministry of Finance and Kurdistan Region’s Economy...

Kurdistan Region Hosts Saudi Investment Roundtable in Erbil

Erbil is set to host the Kurdistan Region–Saudi Investment Roundtable. The forum aims to expand Saudi investments in the Kurdistan Region and strengthen economic cooperation...

Gold Prices Rise Again in Kurdistan and Global Markets

Gold prices rise once again in Kurdistan and global markets today. After several days of decline, the market saw another increase in gold values....

Egg Production Across Erbil Reaches New Levels

Egg production in Erbil Governorate has reached levels far above local consumption, according to the Director General of Agriculture. Officials say the surplus now...

Gold Prices Surge in Kurdistan Region

Gold prices rose sharply across the Kurdistan Region on Tuesday. The increase pushed 21-karat gold above one million dinars once again. The rebound followed...
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