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...
spot_img

Kurdistan Prepares Domestic Revenue Transfer to Baghdad

The Kurdistan Region’s Ministry of Finance has started preparations to transfer domestic revenues to Baghdad. The move supports ongoing salary payments. It also reflects...

Iraq Requests Kurdistan to Reduce Customs Tax by 25%

Iraq has introduced a major change in its customs policy. The General Customs Directorate under the Ministry of Finance announced a 25% reduction in...

Iraqi Dinar Exchange Rate Remains Unstable Amid Political Unrest

The Iraqi dinar exchange rate against the U.S. dollar continues to fluctuate. Experts say political instability drives the changes. Traders and citizens watch the market closely. Kafi...

120 Billion Dinar is Being Prepared From Domestic Revenue for Salaries

The Kurdistan Region is actively preparing 120 billion Iraqi dinars in domestic revenue. Officials in the Ministry of Finance and Economy are focusing on...

With the Reopening of Global Markets, Gold, Silver, and Oil Prices Decline

With the reopening of global markets at the start of the week, prices of gold, silver, and oil declined sharply, reflecting renewed volatility in...

Gold Prices Fall by $710 per Ounce in Three Days

Gold prices in the Kurdistan Region and global markets have declined over the past three days. The drop follows new economic and geopolitical developments....
spot_img