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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KRG Reports Completion of Over 590 Road Projects, Highlights Major Infrastructure Advancements in 2025

The Kurdistan Regional Government’s (KRG) Deputy Minister of Reconstruction and Housing, Agrin Abdullah, announced that significant progress has been achieved in the region’s road...

Kurdistan Region Advances Salary Transfers for Contract Teachers Through “My Account” System

The Kurdistan Region has initiated the transfer of salaries for certain contract employees and teachers through the “My Account” banking system. Efforts are currently...

Sweden Temporarily Suspends Diplomatic Presence in Iraq Amid Security Concerns

The Swedish Ministry of Foreign Affairs has temporarily suspended operations at its embassy in Baghdad and its consular office in Erbil due to ongoing...

Trade Relations Between the Kurdistan Region and France Strengthen Through Specialized Imports and Agricultural Collaboration

The Erbil Chamber of Commerce and Industry (ECCI) has highlighted the ongoing import of specialized French products into the Kurdistan Region, notably including cosmetics,...

Kurdistan Region Goes Digital: 600 ATMs Now Serve 400,000 Public Employees

The Kurdistan Region has seen a significant increase in the number of Automated Teller Machines (ATMs), now totaling approximately 600 units. This development aligns...

Bitcoin Sees Significant Gains Amid Declining U.S. Dollar Value

Bitcoin experienced a notable increase of 3.51%, reaching $88,202.60, as the value of the U.S. dollar weakened against its primary benchmark. The decline in...
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