Finance

Brent Crude Returns Above $84 as Supply Risks Persist

Oil prices edged higher on Tuesday after suffering sharp losses in the previous session. Renewed concern about possible disruptions to Middle Eastern supplies supported the rebound, while prospects for...

Salary Funds Expected to Reach Kurdistan Region by Mid-Next Week

A senior source in Baghdad says no legal or political obstacles remain to transferring salaries for public employees...

SOMO: Kurdistan Region Oil Output Falls to 20,000 Barrels per Day

Oil production in the Kurdistan Region has fallen from 230,000 barrels per day to only 20,000 because of...

Genel Energy Reports 66% Drop in Tawke and Peshkabir Oil Output

Genel Energy reported a 66.3% decline in combined oil production from the Tawke and Peshkabir fields during the...

Gold Prices Rise Above $4,050 per Ounce

Gold prices edged higher on Tuesday and remained above $4,050 per ounce as investors weighed renewed US-Iran tensions...
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Salary Funds Expected to Reach Kurdistan Region by Mid-Next Week

A senior source in Baghdad says no legal or political obstacles remain to transferring salaries for public employees and pensioners in the Kurdistan Region....

Iraq Approves Kurdistan Region’s July Salary List

The Iraqi Ministry of Finance has completed its review of the Kurdistan Region’s July salary list and approved the documents without raising any objections,...

Kurdistan Electricity Ministry Announces Up to 50% Discount on Old Debts

The Kurdistan Region’s Ministry of Electricity has announced the payment rules for electricity debts accumulated before the Runaki project. The ministry warned that all...

KRG Submits July Salary List to Baghdad

The Kurdistan Regional Government’s Ministry of Finance and Economy announced that it has submitted the July salary list and the June trial balance report...

Kurdistan Region Prepares July Salary List for Submission to Baghdad

The Kurdistan Regional Government (KRG) has completed the July salary list and plans to send it to Baghdad within the next two days. Officials want to speed up...

Baghdad Expected to Release KRG June Salaries Within 48 Hours

The Iraqi Minister of Finance, Faleh Sari, has promised to release June salaries for Kurdistan Region public employees within the next two days. Concurrently,...
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