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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Kurdistan Region and Hungary to Hold an Economic Forum

Preparations are moving forward for a new economic forum between the Kurdistan Region and Hungary. Moreover, the Kurdistan Region and Hungary economic initiative aims...

Farmer Support in Iraq to Boost Food Security

Farmer support in Iraq is receiving new momentum this season. The government has allocated 500 billion Iraqi dinars to farmers in all provinces. Officials...

National Bank of Kurdistan modernizes finance system

The National Bank of Kurdistan is preparing to launch operations in the Kurdistan Region of Iraq. It will operate under the supervision of the...

Erbil-Khabat Road Rehabilitation Project Nears Completion

The Erbil-Khabat road rehabilitation project is moving closer to completion as the second phase progresses quickly. Officials confirm that construction teams are advancing on...

Bulgaria-Kurdistan Region Economic Relations Reaffirmed in Erbil

Bulgaria-Kurdistan Region economic relations gained new importance this week. On Thursday, August 28, 2025, Safin Dzeyi, Head of the Foreign Relations Office of the...

Electronic Food Receipts Extended in Kurdistan Region

The process of electronic food receipts continues in the Kurdistan Region until September 1, 2025. The Kurdistan Regional Government extended the deadline after reaching...
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