Economy

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 couriers now cross the border daily under new rules. The reopening...

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...

LPG Prices Fall Sharply in Kurdistan, Household Gas Cylinder Refill Drops to 10,000 Dinars

The price of liquefied petroleum gas (LPG), commonly known as household gas, continues to decline across the Kurdistan...

Gold Prices Rise by Nearly $50 Per Ounce as Geopolitical Developments Support Market

Gold prices rose on Monday, the first trading day of the week. The precious metal recovered part of...
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Iraqi Dinar Records Moderate Decline Against the U.S. Dollar

The Iraqi dinar fell moderately against the U.S. dollar today. Experts attribute the decline to U.S. pressure on Iraq’s armed groups and ongoing market...

Gold Prices Continue Rising Amid Global Tensions

Gold prices remained strong today, reaching their highest levels in recent months. Economic experts link the increase to geopolitical tensions, particularly the dispute between...

USD Exchange Rates in Erbil Remain Elevated

The US dollar continued to trade at high levels in Erbil on Sunday. The rise reflects ongoing pressure on the Iraqi dinar. Demand for...

Gold Market in Erbil Faces Volatility as Prices Rise

Gold price rose sharply in Erbil markets, according to a survey. The increase comes amid higher demand and ongoing market fluctuations, reflecting both local...

Kurdistan Region Moves Monthly Food Ration Payments to Electronic System

The Kurdistan Regional Ministry of Trade has announced a shift to an electronic monthly food ration payment system. The new system will replace cash payments...

Masrour Barzani, Kuwaiti Commerce Minister Discussed Expanding Investment and Trade Ties in Davos

Kurdistan Region Prime Minister Masrour Barzani met with Kuwait’s Minister of Commerce and Industry, Khalifa Al Ajeel, on the sidelines of the World Economic...
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