Economy

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 cultivated land, according to local agricultural officials. Fazil Mustafa, Director of Agriculture...

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....

Kurdistan Region’s Wheat Quota Expected to Increase for Farmers

The Kurdistan Regional Government says it has made progress in talks with Baghdad to increase the wheat purchase...
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Islamic Economist Warns Against Forex Trading, Authorities Confirm It’s Illegal in Kurdistan

An expert in Islamic economics has strongly warned against participating in Forex trading, stating that all forms of such transactions are forbidden under Islamic...

The Indian Ambassador stated that they encourage entrepreneurs and businesspeople from both the Kurdistan Region and India to strengthen and broaden their partnerships

The Indian Ambassador to Iraq, Somin Pakchi, has emphasized the growing importance of trade ties between India and the Kurdistan Region, advocating for further...

Genel Energy Seeks to Resume Oil Exports and Resolve Financial Issues with KRG

Genel Energy is working with relevant parties to resume oil exports from the Kurdistan Region through pipelines. The company emphasizes the need for the...

Erbil Security Directorate: Ban on Assistance and Promotion of Electronic Currencies

The Erbil General Security Directorate has issued a statement declaring a ban on transactions involving all forms of electronic and metal currencies, including Forex...

Iraq Expands Electronic Payment System, Reaching the Kurdistan Region with Over 21 Million Cards Distributed

The Kurdistan Region of Iraq has distributed over 21 million electronic payment cards, according to the head of the Iraqi Electronic Payment Project. Of...

Bitcoin Faces Sharp Decline Amid Trade War Fears, Market Value Drops by $500 Million

On Monday, the value of Bitcoin declined to approximately $77,171, marking its lowest point in nearly a month. This decrease follows a Sunday evening...
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