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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Kurdistan Crude Lifting Boosts GKP Shares

Gulf Keystone Petroleum (GKP) completed the first Kurdistan crude lifting for the September–October period. The company coordinated with other IOCs to export the crude...

APIKUR Clarifies Payment Mechanism for Kurdistan Oil Exports

The Association of the Petroleum Industry of Kurdistan (APIKUR) represents international oil companies (IOCs) operating in the Kurdistan Region of Iraq. It has clarified...

KRG Announces 24-Hour Electricity for Nearly 4.5 Million Citizens

The Kurdistan Regional Government (KRG) announced on October 30 that nearly 4.5 million citizens, or around 70% of the Kurdistan Region’s population, now receive 24-hour electricity through the Runaki program. The achievement marks...

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 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...

Dana Gas earns $103 million as Kurdistan gas output drives growth

Dana Gas reported a strong performance in the first nine months of 2025. The UAE-based company achieved a Dana Gas profit of $103 million, even as...
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