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...
spot_img

Dollar rises in Erbil amid ongoing market pressure

The US dollar opened Wednesday’s trading higher in Erbil. It continued an upward trend in the local currency market. Compared with the previous session,...

21-Karat Gold Hits Record 1,025,000 Dinars per Mithqal in Kurdistan Region

Gold prices continued to climb, setting a new record in the Kurdistan Region as one mithqal of 21-karat gold reached 1,025,000 Iraqi dinars. The latest...

Qaiwan Group Owner Highlights Kurdistan’s Economic Vision at Davos Forum

Sheikh Fakhir Tayeb, owner of Qaiwan Group, is participating in the Davos Forum, the world’s largest annual economic gathering. His presence highlights the growing...

Kavin Group Launches Push to Attract Foreign Investment at Davos

Kavin Group has launched a new drive to attract foreign investment during the World Economic Forum in Davos. The initiative comes as part of...

KRG Says Reforms and Davos Presence Boost Investor Confidence

A senior advisor to the Kurdistan Regional Government (KRG) said foreign investor confidence in the Kurdistan Region has increased. He linked this growth to...

DNO Says Kurdistan Oil Output Rose by Over 30,000 bpd in Q4 2025

Norwegian oil and gas company DNO said oil production in the Kurdistan Region rose sharply in the fourth quarter of 2025. Higher output from...
spot_img