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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Iraq’s Banking System Under Scrutiny in Global Risk Assessment

A recent international assessment has identified Iraq’s financial and banking infrastructure among the most vulnerable and high-risk systems globally. The findings emerged from a...

Supply Chain Disruption: Explosion Impacts Kurdish Imports at Key Ports

On April 27, 2025, Akram Massoud, a representative of the Chinese trading company Hanzhou, highlighted the primary ports through which goods are imported into...

KRG Reports Completion of Over 590 Road Projects, Highlights Major Infrastructure Advancements in 2025

The Kurdistan Regional Government’s (KRG) Deputy Minister of Reconstruction and Housing, Agrin Abdullah, announced that significant progress has been achieved in the region’s road...

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,...
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