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 Loan Report Shows Nearly 1.9 Trillion IQD in Outstanding Debt

A new report from the Kurdistan Region’s Ministry of Finance and Economy shows that nearly 1.9 trillion IQD in government loans and advances remain...

27,000 People with Disabilities Set to Receive Long-Awaited Monthly Benefits

Authorities in the Kurdistan Region have started health assessments for 27,000 people with disabilities as part of a process to grant them monthly financial...

Gold Price Falls Near $4,050 as Stronger Dollar and Rate Hike Expectations Pressure Market

Gold prices extended their losses on Wednesday, continuing the downward trend seen over the past several days. After Asian markets opened, the price of...

Gold Prices Fall as Stronger US Dollar Pressures Precious Metals Market

Gold prices declined on Tuesday after Asian markets opened. A stronger US dollar and rising expectations of another interest rate increase in the United...

Kurdistan Government to Set Wheat Purchase Prices for Farmers

The Kurdistan Regional Government (KRG) plans to set new prices for wheat produced by local farmers. The government wants to buy part of this...

Wheat Farmers in Erbil and Duhok Start Receiving Payments

Authorities in the Kurdistan Region have started distributing another round of payments to wheat farmers. On Wednesday, officials issued bank checks to farmers in...
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