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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Islamic Economist Warns Against Forex Trading, Authorities Confirm It’s Illegal in Kurdistan

An expert in Islamic economics has strongly warned against participating in Forex trading, stating that all forms of such transactions are forbidden under Islamic...

The Indian Ambassador stated that they encourage entrepreneurs and businesspeople from both the Kurdistan Region and India to strengthen and broaden their partnerships

The Indian Ambassador to Iraq, Somin Pakchi, has emphasized the growing importance of trade ties between India and the Kurdistan Region, advocating for further...

Genel Energy Seeks to Resume Oil Exports and Resolve Financial Issues with KRG

Genel Energy is working with relevant parties to resume oil exports from the Kurdistan Region through pipelines. The company emphasizes the need for the...

Erbil Security Directorate: Ban on Assistance and Promotion of Electronic Currencies

The Erbil General Security Directorate has issued a statement declaring a ban on transactions involving all forms of electronic and metal currencies, including Forex...

Iraq Expands Electronic Payment System, Reaching the Kurdistan Region with Over 21 Million Cards Distributed

The Kurdistan Region of Iraq has distributed over 21 million electronic payment cards, according to the head of the Iraqi Electronic Payment Project. Of...

Bitcoin Faces Sharp Decline Amid Trade War Fears, Market Value Drops by $500 Million

On Monday, the value of Bitcoin declined to approximately $77,171, marking its lowest point in nearly a month. This decrease follows a Sunday evening...
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