Economy

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 the losses it suffered during the previous market session. Last Friday,...

Iraqi Dinar Weakens as US Dollar Reaches 157,000 Dinars

The Iraqi dinar declined against the US dollar on Monday, pushing the exchange rate in the Kurdistan Region...

Kurdistan Region Reaffirms Commitment to Foreign Investment and Economic Diversification

The Kurdistan Regional Government (KRG) has renewed its commitment to attracting foreign investment and diversifying the economy. Officials...

Kurdistan Region Receives 68,000 Tons of Wheat from Farmers

The Kurdistan Regional Government (KRG) has received 68,000 tons of wheat from local farmers this season. The Ministry...

Weakening Iraqi Dinar Drives Up Gold Prices in Kurdistan Markets

The decline in the value of the Iraqi dinar against the US dollar has increased gold prices in...
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Erbil Revives Historic Qashla and Arab Quarters in Major Economic and Cultural Restoration

The Erbil Qashla and Arab quarters restoration project is breathing new life into the ancient heart of the Kurdistan Region’s capital. The Kurdistan Regional Government (KRG)...

Kurdistan Region Expands Agricultural Trade with 6,000-Tonnes Potato Exports to UAE

The Kurdistan Region is expanding its international agricultural reach through Kurdistan potato exports to UAE, marking another achievement in the region’s growing trade efforts. The...

Dana Gas earns $103 million as Kurdistan gas output drives growth

Dana Gas reported a strong performance in the first nine months of 2025. The UAE-based company achieved a Dana Gas profit of $103 million, even as...

Water Project: PM Barzani Launches $200 Million Erbil Initiative

Kurdistan Region Prime Minister Masrour Barzani inaugurated the final phase of Erbil’s $200-million emergency water project. The initiative aims to solve the city’s water...

KRG Delivers 8 Million Barrels of Oil to Baghdad

The Kurdistan Regional Government (KRG) has handed over eight million barrels of oil to Iraq’s State Oil Marketing Organization (SOMO) since exports resumed in...

Kurdish Wheat Farmers Continue Waiting for Payments from Baghdad

Wheat farmers in the Kurdistan Region are still waiting for full payment for their 2025 harvest. Nasreen Ahmed, director of silos in Sulaymaniyah province,...
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