Economy

KRG Prepares to Transfer Non-Oil Revenues to Baghdad Amid Pending Payments and Payroll Audits

The Kurdistan Regional Government (KRG) is preparing to transfer non-oil revenues to Baghdad. Officials plan to deposit the funds soon into the Iraqi Ministry of Finance’s bank account to...

Flights from Sulaymaniyah Airport to Germany Resume After Long Suspension

Flights from Sulaymaniyah International Airport to Germany have officially resumed after nearly two and a half years of...

Kurdistan Region Expects 200,000 Tourists During New Year Holiday

The Kurdistan Region expects a major increase in tourist arrivals during the New Year holiday. Officials say more...

President Barzani Receives New Polish Consul General, Stresses Stronger Relations

President Masoud Barzani received Maciej Zajdel, the new Polish Consul General in Erbil, in Pirmam. The meeting focused on strengthening...

Liquid Air Emerges as a New Solution for Storing Solar and Wind Energy

A new technology is changing how countries store clean energy. From now on, solar and wind power can...
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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...

Erbil Revives Historic Qashla and Arab Quarters in Major Economic and Cultural Restoration

The Erbil Qashla and Arab quarters restoration project is breathing new life into the ancient heart of the Kurdistan Region’s capital. The Kurdistan Regional Government (KRG)...
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