Energy

Gold Prices Remained Steady Near $4,500 Amid Iran Conflict Uncertainty

Gold prices remained steady at around $4,500 per ounce as global markets reacted cautiously to ongoing geopolitical tensions. Traders are closely monitoring developments related to the conflict involving Iran...

Lithos Brings Authentic Greek Cuisine to Erbil

Lithos Restaurant is one of the most distinctive Greek-style dining spots in Erbil. Known for its unique atmosphere...

20% Electricity Fee Waiver Returns 8 Billion IQD to Residents

The Kurdistan Regional Government has returned nearly 8 billion Iraqi dinars to residents following a 20% electricity fee...

USD/IQD Exchange Rate Rises in Erbil Markets

The USD recorded a slight increase against the Iraqi dinar in Erbil markets. Traders reported higher exchange rates...

Kurdistan Prepares Salary List and Audit Report for Submission to Baghdad

The Kurdistan Regional Government (KRG) has finalized preparations to send its March salary list and February audit report...
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US Companies and Energy Investors Grow Their Presence in Kurdistan as Confidence Rises

American brands continue to expand across the Kurdistan Region as investment confidence rises in Erbil. New retail outlets, energy agreements, and major diplomatic developments...

Dana Gas Rejects Claims of Production Halt at Khor Mor

Dana Gas rejected claims that the Iraqi prime minister ordered a stoppage at the Khor Mor gas field. The company clarified the situation after...

Khor Mor Gas Field Attack Causes Major Disruption but Kurdistan Restores Full Power

The Kurdistan Region restored its full electricity supply after the recent Khor Mor gas field attack caused a major power drop across the region. Officials confirmed...

KRG Electricity Restoration Reaches 4,500 MW After Attack

The KRG electricity restoration effort reached a major milestone as the Kurdistan Regional Government confirmed that power production will climb to 4,500 megawatts. The Minister of...

Gas Flow from the Kormor Field to Power Stations Has Restarted

Gas flow from the Kormor field has restarted after engineers halted production for three days. The restart brings crucial relief to power stations that...

Kurdistan Oil Exports Reach Nearly 6 Million Barrels in October

Ministry of Oil has released the final statistics for oil exports and revenues for October. According to the report, Iraq’s total crude oil exports,...
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