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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315,000 Cartons of Eggs Ship Monthly from Erbil to Central and Southern Iraq

Egg production in Erbil Province continues to grow. As a result, large volumes now supply markets across Iraq. Every month, about 315,000 cartons of eggs...

Rapid Growth of Artificial Intelligence in Kurdistan Raises Economic Hopes and Future Risks

The use of artificial intelligence in the Kurdistan Region has grown rapidly over the past year. AI tools now play a growing role in...

Kurdistan Had Licensed 206 New Factories in 2025 as Over 41,000 Companies Operate

The Kurdistan Importers and Exporters Union has released its official data for 2025. The figures show strong growth in factories, jobs, and business activity...

Traders in Duhok Call for Iraq–Kurdistan Talks Over Customs Tariffs

Traders in Duhok are warning about rising prices after Iraq changed its customs tariffs. The Duhok Chamber of Commerce and Industry says the new...

Erbil Kurdish Yogurt Brings Kurdish Heritage to North America

Erbil Kurdish Yogurt has become a beloved staple in many Kurdish-American homes and supermarkets across the United States. This creamy, tangy yogurt brings a...

Private Sector Emerges as Key Job Engine in Kurdistan Region, Officials Say

The private sector has become a major driver of job creation in the Kurdistan Region, generating 161,000 direct employment opportunities in 2025, according to...
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