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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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...

Erbil Advances Infrastructure Development with 48 Strategic Road Projects

The Kurdistan Regional Government (KRG) has initiated a major infrastructure campaign in Erbil, approving 48 strategic road sector projects, including the construction of three...

Erbil Governor Presses for Opening of Kelashin Gate to Strengthen KRG–Iran Trade Relations

During a multi-day diplomatic mission to the Islamic Republic of Iran, Erbil Governor Omed Khoshnaw engaged in high-level meetings with Iranian officials to address...

Erbil Hosts METEX 2025, the Region’s Largest International Tourism Exhibition

Erbil today hosted the launch of the Middle East Tourism Exhibition (METEX) 2025, the largest international tourism event ever held in the Kurdistan Region....
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