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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Canada Deepens Trade Ties with Kurdistan Region

Canada plans to expand its commercial presence in the Kurdistan Region. The Erbil Chamber of Commerce and Industry shared this update. The chamber said...

BIP Summit Investment Drives New Deals on Second Day

The BIP Summit investment momentum increased on the second day of the third BIP Summit for Economy and Investment in Erbil. The event continued with strong...

Kurdistan’s Amedi Tahini Festival Draws Bigger Crowds This Year

The Amedi Tahini Festival returned this week with stronger participation and bigger expectations. Organizers expect higher tahini sales this year. They believe visitors will buy more...

Third “BIP for Investment and Entrepreneurship ” Summit Opened in Erbil

The third BIP for Economy and Investment Summit opened today at the Divan Hotel in Erbil. Organizers welcomed local and international companies as the two-day event...

Khor Mor Gas Field Attack Causes Major Disruption but Kurdistan Restores Full Power

The Kurdistan Region restored its full electricity supply after the recent Khor Mor gas field attack caused a major power drop across the region. Officials confirmed...

BIP Forum for Investment and Entrepreneurship Returns to Erbil with $275 Million Opportunities

The BIP Forum for Investment and Entrepreneurship will take place in Erbil on Monday, December, 1, 2025. The two-day event will be hosted at the Divani...
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