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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Kurdistan’s MyAccount Program Sets Final Deadline for Cash Salary Payments

The Kurdistan Regional Government (KRG) has announced that public employees and pensioners must collect their MyAccount bank cards by August 31, 2026. After that date, cash salary payments will...

Iraq Reviews Kurdistan’s Non-Oil Revenue Payment Ahead of June Salary Transfers

Iraq’s Council of Ministers will decide whether the Kurdistan Regional Government (KRG) must transfer the full 120 billion Iraqi dinars in monthly non-oil revenues to Baghdad....

KRG Transparency Report Highlights Seven Years of Fiscal Reform and Financial Resilience

The Kurdistan Regional Government (KRG) published a transparency report covering 2019 to 2025. The KRG Department of Media and Information released it on Thursday....

Former U.S. Treasury Experts Join RT Bank Board in Major Banking Milestone

The Regional Trade Bank (RT Bank) will be holding the first meeting of its newly appointed Board of Directors. The bank brings together several...

Gold Prices Fall to Nearly $3,956 as Strong Dollar Weighs on Market

Gold prices continued to decline on Tuesday, extending a sharp downward trend that has lasted for four consecutive months. The precious metal fell by...

Kurdistan June Salaries Expected to Begin This Week

Salary payments for public employees in the Kurdistan Region are expected to begin in the middle of this week. The payments will coincide with...
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