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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Erbil Security Directorate: Ban on Assistance and Promotion of Electronic Currencies

The Erbil General Security Directorate has issued a statement declaring a ban on transactions involving all forms of electronic and metal currencies, including Forex...

Iraq Expands Electronic Payment System, Reaching the Kurdistan Region with Over 21 Million Cards Distributed

The Kurdistan Region of Iraq has distributed over 21 million electronic payment cards, according to the head of the Iraqi Electronic Payment Project. Of...

Bitcoin Faces Sharp Decline Amid Trade War Fears, Market Value Drops by $500 Million

On Monday, the value of Bitcoin declined to approximately $77,171, marking its lowest point in nearly a month. This decrease follows a Sunday evening...

Trump’s 39% Tariff on Iraqi Imports Disrupts Harir Factory Operations and Exports

The recent decision by U.S. President Donald Trump to impose a 39% tariff on Iraqi imports has significantly impacted the operations at the Harir...

Ministry of Finance of the Kurdistan Regional Government Prioritizes Banking System Modernization

The Ministry of Finance of the Kurdistan Regional Government (KRG) is actively working to enhance and modernize the banking system. Their efforts aim to...

KRG Clarifies Impact of U.S. Tariffs on Kurdistan Region’s Exports

The Kurdistan Regional Government (KRG) has clarified that the recent decision by U.S. President Donald Trump to impose tariffs on imported goods will not...
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