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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Iraqi Government Boosts Wheat Funds for Kurdistan Region Provinces

The Iraqi government has distributed additional wheat funds to farmers in the Kurdistan Region. The Sulaymaniyah Silo Directorate confirmed the details of the latest...

China–Kurdistan Cooperation Grows in Erbil

China strengthened its engagement in the Kurdistan Region as a new branch of the Great Wall of China Association began work in Erbil. The...

KRG Investing in Clean Energy as Foreign Companies Show Interest

The Kurdistan Region’s Ministry of Electricity is taking new steps to attract foreign investment in clean energy. The ministry confirmed that a Turkish company...

Thousands Attend Amedi Tahini Festival in Northern Duhok

The annual Amedi tahini festival in northern Duhok drew thousands of visitors. It turned the historic mountain town into a lively hub of food,...

Kurdistan Chambers Launch Four-Day Trade Mission to UAE

The Kurdistan–UAE trade mission began as a joint delegation from the Erbil Chamber of Commerce and Industry and the Union of Kurdistan Chambers arrived in the...

Emirati Economist Sees PM Barzani’s UAE Visit as Start of ‘New Economic Era’

Prime Minister Masrour Barzani’s visit to the United Arab Emirates opened a “new phase of economic integration” between Erbil and Abu Dhabi, said Emirati...
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