Economy

Chicken Prices Fall as Poultry Farmers Report Heavy Losses

Chicken prices in the Kurdistan Region have fallen sharply as producers struggle with oversupply, rising costs, export barriers and disease outbreaks. Farm-gate prices dropped from 3,200 dinars to about 2,500...

Eurowings Suspends Flights to Erbil Until August 7

Eurowings has suspended flights to Erbil, the capital of the Kurdistan Region, until August 7, 2026, because of...

Oil Prices Remain Below $80

Oil prices stabilized on Wednesday after two consecutive days of heavy losses, as investors watched efforts to ease...

Baghdad Still Owes 141 Billion Dinars for Kurdistan Farmers’ 2025 Wheat

Baghdad still owes 141 billion Iraqi dinars to farmers in the Kurdistan Region for wheat delivered during the...

Gold Price Rises Above $4,140 per Ounce

Gold prices rose for a third consecutive day on Wednesday as a weaker US dollar and lower oil...
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KRG Announces 24-Hour Electricity for Nearly 4.5 Million Citizens

The Kurdistan Regional Government (KRG) announced on October 30 that nearly 4.5 million citizens, or around 70% of the Kurdistan Region’s population, now receive 24-hour electricity through the Runaki program. The achievement marks...

Kurdistan Real Estate Boom Turns Region into Iraq’s Investment Powerhouse

The Kurdistan real estate boom has changed the region’s economy, turning it into one of Iraq’s strongest investment hubs. Since 2003, the Kurdistan Region has shifted...

Kurdistan Food Production Boosted by $100M Plant in Erbil

Prime Minister Masrour Barzani inaugurated the Megal Project in Erbil, a $100 million private-sector investment that strengthens Kurdistan food production. The project, built on...

Kurdistan Oil Production Surges as DNO Reports Record Revenue

DNO ASA posted record revenue of USD 547 million and an operating profit of USD 222 million in Q3 2025. Both figures more than...

Kurdistan Boosts Economy with Innovation and Knowledge-Based Growth

Prime Minister Masrour Barzani launched the foundation for the Kurdistan Innovation Institute’s Science Park. The project marks a major step toward turning Kurdistan into...

Kurdistan Oil Exports Pass 200,000 Barrels Daily

Kurdistan oil exports have climbed above 200,000 barrels per day, marking a vital economic recovery after more than two years of shutdown. This achievement signals...
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