Economy

Brent Oil Trades Around $102 as Prices Rise Amid Market Uncertainty

Global oil prices rose on Thursday, with Brent crude trading at just over $102 per barrel, as investors closely watched ongoing developments in U.S.–Iran negotiations. Brent crude from the North...

Akre Rice Production Expected to Grow Strongly After Heavy Rainfall

Rice production in the Akre district will likely increase significantly this year because rainfall improved and farmers expanded...

DNO Resumes Operations at Tawke Oil Block

Norwegian energy company DNO has restarted operations at the Tawke oil block in the Kurdistan Region after a...

Runaki App Nears Launch as Registrations Pass 900,000

The Kurdistan Regional Government’s (KRG) “Runaki” electricity project has surpassed 900,000 registered subscribers across the Kurdistan Region. Meanwhile,...

Gold Prices Surge in Kurdistan Markets as 21-Carat Reaches 980,000 IQD

Gold markets across the Kurdistan Region and global trading hubs experienced a sharp rebound after a recent decline....
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One Ounce of Gold Now Trades at About 4,670 Dollars

One ounce of gold is currently trading at around 4,670 dollars after extending its decline for a second consecutive day. The precious metal has...

Silver Prices Drop Below $75 Amid Global Market Uncertainty

Silver prices dropped below $75 on Tuesday and continued a downward trend that started earlier in the week. The metal traded at about $74.60...

Duhok Approves 28 New Investment and Industrial Projects to Boost Economy

Duhok authorities have approved 28 strategic projects in the investment and industrial sectors, aiming to strengthen the province’s economy and infrastructure. Officials decided during a...

Oil Prices Surge as Brent Crude Climbs Above $108 Amid Gulf Tensions

Global oil prices continued their upward momentum, with Brent crude rising above $108 per barrel, driven by escalating geopolitical tensions and disruptions in key...

KRG Launches 100 Billion Dinar Project to Build Three Major Power Substations in Erbil

The Kurdistan Regional Government (KRG) has approved a major electricity project worth nearly 100 billion Iraqi dinars to build three high-voltage power substations in...

Gold Trades Above $4,700 as Market Rebounds on Geopolitical Signals

Gold prices recovered on Monday, the first trading day of the week, after an early decline. The market quickly reversed direction and erased its...
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