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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Trade Barriers Rise: Kurdish Goods Face 39% Tariff in U.S. Market

On Sunday, April 20, 2025, the U.S. government announced the implementation of a 39 percent tariff on imported goods originating from Iraq and the...

Prime Minister Masrour Barzani ordered the transfer of the salary banking process to the Ministry of Finance

Prime Minister Masrour Barzani has issued an official directive transferring the responsibility for managing the public salary banking system, referred to as "My Account,"...

Prime Minister Masrour Barzani Prioritizes Digital Transformation to Enhance Public Services and Drive Economic Growth

In his recent speech, Prime Minister Masrour Barzani emphasized the critical importance of digital government excellence in fostering investment, boosting economic growth, attracting skilled...

Key Card Company Launches MasterCard for Importers to Ease Currency Access and Boost Trade

Key Card Company has introduced a MasterCard for importers, allowing them to purchase goods from abroad at the official dollar rate of the Central...

Challenges Arising from QR Code Requirement for Trade Between Kurdistan Region and Iraq

The deadline for trucks to implement QR codes as part of Iraq's new trade policy passed in November 2024, leading to increased challenges for...

Progress in Rural Water Infrastructure Development in Erbil Province

The construction of a vital water reservoir in Zarwaw village, located in the Darashakran district of Erbil province, is nearing completion. As part of...
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