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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KRG Invests 850 Million Dinars in Alane Village Infrastructure to Boost Local Economy

The Kurdistan Regional Government (KRG) has allocated 850 million dinars for infrastructure projects in Alane village, Soran, focusing on roads, retaining walls, and concrete...

Kurdistan Offers Historic Opportunity for Assyrian Entrepreneurs With Full Foreign Ownership

The Kurdistan Region is becoming a major hub for diaspora investment. It now offers Assyrians a historic chance to rebuild their communities through full...

Sulaymaniyah Signs Sister City Agreement With China’s Yiwu to Boost Trade and Cultural Cooperation

Sulaymaniyah has officially signed a sister city agreement with Yiwu, one of China’s biggest trade hubs. The deal aims to deepen economic, cultural, educational, and agricultural...

Kurdistan Exports Over 140,000 Tons of Chicken Meat to Iraq Annually

The Kurdistan Region exports more than 140,000 tons of chicken meat to central and southern Iraq each year, accounting for nearly 50% of its total poultry production. The region...

KRG Announces 24-Hour Electricity for Nearly 4.5 Million Citizens

The Kurdistan Regional Government (KRG) announced on October 30 that nearly 4.5 million citizens, or around 70% of the Kurdistan Region’s population, now receive 24-hour electricity through the Runaki program. The achievement marks...

Kurdistan Real Estate Boom Turns Region into Iraq’s Investment Powerhouse

The Kurdistan real estate boom has changed the region’s economy, turning it into one of Iraq’s strongest investment hubs. Since 2003, the Kurdistan Region has shifted...
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