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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Iraqi Central Bank Tightens Regulations on Overseas Dollar Withdrawals

In response to increasing concerns over the misuse of hard currency abroad, the Central Bank of Iraq has significantly intensified its restrictions on the...

Erbil Advances Infrastructure Development with 48 Strategic Road Projects

The Kurdistan Regional Government (KRG) has initiated a major infrastructure campaign in Erbil, approving 48 strategic road sector projects, including the construction of three...

Erbil Governor Presses for Opening of Kelashin Gate to Strengthen KRG–Iran Trade Relations

During a multi-day diplomatic mission to the Islamic Republic of Iran, Erbil Governor Omed Khoshnaw engaged in high-level meetings with Iranian officials to address...

Erbil Hosts METEX 2025, the Region’s Largest International Tourism Exhibition

Erbil today hosted the launch of the Middle East Tourism Exhibition (METEX) 2025, the largest international tourism event ever held in the Kurdistan Region....

Iraq’s Banking System Under Scrutiny in Global Risk Assessment

A recent international assessment has identified Iraq’s financial and banking infrastructure among the most vulnerable and high-risk systems globally. The findings emerged from a...

Supply Chain Disruption: Explosion Impacts Kurdish Imports at Key Ports

On April 27, 2025, Akram Massoud, a representative of the Chinese trading company Hanzhou, highlighted the primary ports through which goods are imported into...
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