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...
spot_img

Kurdistan Region Advances Salary Transfers for Contract Teachers Through “My Account” System

The Kurdistan Region has initiated the transfer of salaries for certain contract employees and teachers through the “My Account” banking system. Efforts are currently...

Sweden Temporarily Suspends Diplomatic Presence in Iraq Amid Security Concerns

The Swedish Ministry of Foreign Affairs has temporarily suspended operations at its embassy in Baghdad and its consular office in Erbil due to ongoing...

Trade Relations Between the Kurdistan Region and France Strengthen Through Specialized Imports and Agricultural Collaboration

The Erbil Chamber of Commerce and Industry (ECCI) has highlighted the ongoing import of specialized French products into the Kurdistan Region, notably including cosmetics,...

Kurdistan Region Goes Digital: 600 ATMs Now Serve 400,000 Public Employees

The Kurdistan Region has seen a significant increase in the number of Automated Teller Machines (ATMs), now totaling approximately 600 units. This development aligns...

Bitcoin Sees Significant Gains Amid Declining U.S. Dollar Value

Bitcoin experienced a notable increase of 3.51%, reaching $88,202.60, as the value of the U.S. dollar weakened against its primary benchmark. The decline in...

Trade Barriers Rise: Kurdish Goods Face 39% Tariff in U.S. Market

On Sunday, April 20, 2025, the U.S. government announced the implementation of a 39 percent tariff on imported goods originating from Iraq and the...
spot_img