Energy

Gold Prices Surge in Kurdistan Markets as 21-Carat Reaches 980,000 IQD

Gold markets across the Kurdistan Region and global trading hubs experienced a sharp rebound after a recent decline. Prices rose quickly within just one day, reflecting renewed volatility in...

Kurdistan Region’s Wheat Quota Expected to Increase for Farmers

The Kurdistan Regional Government says it has made progress in talks with Baghdad to increase the wheat purchase...

Erbil to Transfer 60 Billion Dinars in Non-Oil Revenue to Baghdad

The Kurdistan Regional Government has announced plans to transfer 60 billion Iraqi dinars in non-oil revenue to Baghdad...

Duhok Wheat Output Set to Surpass 500,000 Tons as Quality Improves

Duhok province expects wheat production to exceed 500,000 tons this season. Officials say both crop quality and total...

Bitcoin Surpasses $80,000 as Investor Demand Grows

Bitcoin climbed above the $80,000 mark on Monday after gaining more than $1,500 in a single day, signaling...
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Over 400,000 Citizens Now Benefit from Kurdistan’s Expanding 24-Hour Electricity Project

More than 415,000 people across the Kurdistan Region are currently benefiting from the ongoing lighting project, which aims to provide uninterrupted 24-hour electricity to...

“Resumption of Oil Exports in Kurdistan Region Under Discussion” Says Iraqi Oil Minister

The Iraqi Oil Minister, Hayyan Abdul Ghani, has confirmed ongoing discussions regarding the resumption of oil exports from the Kurdistan Region of Iraq (KRG)...

Impact of Falling Oil Prices on Iraq’s Revenue and Economic Stability

The recent plunge in oil prices to a four-year low has raised significant concerns for oil-dependent economies such as Iraq, where oil revenue constitutes...

Challenges in Resolving Oil Export Disputes Between Erbil and Baghdad: A Week to Finalize Consultancy Agreement

The ongoing negotiations between the Kurdistan Regional Government (KRG) and the Federal Oil Ministry face significant hurdles, primarily regarding the re-exportation of oil from...

Discussions Ongoing Over Appointment of Consulting Firm for Kurdistan Oil Audit

Following the amendments made to the Iraqi budget in mid-February of this year, Erbil and Baghdad were expected to appoint a consulting firm within...

Key Issues Remain as Erbil and Baghdad Agree on Resuming Oil Exports

The Iraqi Oil Ministry has indicated that there is no major disagreement between the federal government and the Kurdistan Regional Government (KRG) regarding the...
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