Energy

Gold Prices Drop in Erbil Markets

Gold prices fell in Erbil on Wednesday, reflecting a slight downward trend in local trading. In the city’s jewelry markets, 22-carat gold was sold at 1,085,000 IQD per mithqal,...

MomyandMe in Erbil: The Heart of a Mom-and-Child Community

Erbil is seeing more spaces that support families, and MomyandMe has quickly become one of the most popular....

Dana Gas Withdraws Staff from Khor Mor Gas Field Amid Regional Security Threats

Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region. The...

Fly Erbil Loses $6 Million Aircraft Due to the Ukraine War

Fly Erbil has suffered a major financial loss after one of its aircraft became stranded in Ukraine due...

Dollar Falls in Erbil Markets

The U.S. dollar recorded a slight decline in Erbil markets, reflecting ongoing fluctuations in the local currency exchange...
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Iraq Turns to Kurdistan Oil Pipeline After Strait of Hormuz Disruption

Regional tensions linked to Iran have pushed Iraq to search for new oil export routes. A report says Baghdad now looks to the Kurdistan...

Brent Oil Price Falls Below $95 After Trump Comments

The global oil price declined on Tuesday after new statements from Donald Trump about the conflict involving Iran. The remarks reduced some market concerns...

Oil Prices Surge Toward $110 as Strait of Hormuz Closure Disrupts Global Supply

Global oil prices jumped sharply on Monday. Rising tensions linked to Iran and the closure of the Strait of Hormuz tightened energy supplies. Traders...

Kormor Gas Field Expected to Resume Production Within 48 Hours as Power Crisis Eases

Dana Gas is preparing to restart operations at the Kormor Gas Field after an eight-day shutdown that reduced electricity supply across the Kurdistan Region....

Erbil Government Gasoline Distribution Continues at 46 Stations as Prices Rise

Private fuel stations in Erbil have recently increased gasoline prices, while the government continues to distribute gasoline across the city at lower prices. Authorities...

120 Billion Dinars of Non-Oil Revenues is Being Prepared

The Ministry of Finance and Economy of the Kurdistan Region has officially started procedures to prepare 120 billion Iraqi dinars in non-oil revenues. Therefore,...
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