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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Challenges Arising from QR Code Requirement for Trade Between Kurdistan Region and Iraq

The deadline for trucks to implement QR codes as part of Iraq's new trade policy passed in November 2024, leading to increased challenges for...

Progress in Rural Water Infrastructure Development in Erbil Province

The construction of a vital water reservoir in Zarwaw village, located in the Darashakran district of Erbil province, is nearing completion. As part of...

Implementation of Digital Food Ration System Advancing Across Kurdistan Region

The Kurdistan Region is advancing efforts to modernize its public distribution system through the digitization of monthly food ration cards, with over 5.35 million...

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...
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