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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Flights from Sulaymaniyah Airport to Germany Resume After Long Suspension

Flights from Sulaymaniyah International Airport to Germany have officially resumed after nearly two and a half years of suspension. The airport has restarted weekly...

Kurdistan Region Expects 200,000 Tourists During New Year Holiday

The Kurdistan Region expects a major increase in tourist arrivals during the New Year holiday. Officials say more than 200,000 tourists will visit the...

Ministry of Natural Resources: Over 120 Million Liters of Kerosene Distributed

The Ministry of Natural Resources announced that it has distributed more than 120 million liters of kerosene so far. The distribution has benefited more...

Japan Expands Investment and Development in Kurdistan

Japan is shifting its relationship with the Kurdistan Region from post-conflict aid to long-term economic development. Moreover, Ambassador Akira Endo said the focus now...

$80 Million Dairy Project Strengthens Kurdistan’s Drive for Food Self-Sufficiency

An $80 million dairy project in Duhok plays a key role in the Kurdistan Regional Government’s plan. It aims to boost food self-sufficiency and...

PM Barzani, Iranian Envoy Discuss Political and Economic Cooperation

Kurdistan Region Prime Minister Masrour Barzani met with Mohammad Kazem Al-Sadeq, Iran’s ambassador to Iraq, in Erbil to discuss bilateral relations and key political...
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