Economy

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 of Trade and Industry said this amount represents 18% of the...

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...

Darin Group Launches DC Towers Project in Erbil as a New Architectural and Eco-Friendly Landmark

Darin Group has announced its new residential project, “DC Towers,” in Erbil. The company presents it as a...

Baghdad and Erbil Near Agreement on Digital Customs System and Revenue Sharing

The Kurdistan Regional Government (KRG) and Baghdad are close to a major agreement on customs reform. They have...

Egg Prices Drop to 25,000 IQD per Carton in Kurdistan Region

Egg prices in the Kurdistan Region have fallen sharply, with the cost of one carton dropping to 25,000...
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Bitcoin Price Surges in Less Than 24 Hours Amid Global Tensions

Bitcoin price surges shocks markets once again, setting a new record in under 24 hours. The cryptocurrency skyrocketed from $110,000 to $117,000, marking a...

40,000 Trees Erbil Parks Project Will Cool the City and Reduce Dust

The 40,000 trees Erbil parks project will transform Erbil’s environment and improve its urban climate. Crews will plant these trees across four new parks,...

Erbil Prepares to Welcome Surge of Tourists from Central and Southern Iraq for Eid al-Adha

As part of a broader strategy to stimulate tourism, the Kurdistan Region is launching a preliminary assessment in early June to facilitate the arrival...

Bitcoin Surges Amid Regulatory Momentum and Institutional Adoption

Bitcoin’s valuation climbed to $107,000 on Wednesday, approaching its previous peak of $109,000 recorded in January. This resurgence is attributed to growing legislative support...

Iraq and the Kurdistan Region Top Turkish Vegetable Importers in 2024

In 2024, Turkey’s vegetable export sector reached a historic milestone, totaling $2.47 billion—an 80% increase compared to a decade ago, according to the latest...

Iraqi Central Bank Tightens Regulations on Overseas Dollar Withdrawals

In response to increasing concerns over the misuse of hard currency abroad, the Central Bank of Iraq has significantly intensified its restrictions on the...
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