Finance

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Dana Gas has withdrawn all its employees from the Khor Mor gas field in the Kurdistan Region.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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Ministry of Commerce Warns Traders About Rising Dollar Rates

The Ministry of Commerce has warned traders against exploiting recent changes in the currency market. Officials say the government is closely monitoring markets to...

Ministry of Finance of the Kurdistan Region Issues Two Key Decisions on “My Account” System

The Ministry of Finance of the Kurdistan Region has taken two major steps to enforce the “My Account” system. First, the ministry announced it...

After 10 Years, Financial Entitlements of Erbil Farmers to Be Paid

After nearly a decade of waiting, farmers in Erbil who delivered wheat to government silos in 2015 will finally receive their outstanding financial entitlements....

KRG Announces Post-Government Formation Focus on 14% Budget Allocation

The Kurdistan Regional Government (KRG) announced that discussions on the Kurdistan Region budget will resume after Iraq forms a new federal government. Officials confirmed...

Insurance Sector Expands in Kurdistan as Public Awareness Grows

The insurance industry in the Kurdistan Region is expanding steadily. Once limited in scope, the sector now plays a growing role in the local...

KRG Cash Transfer to Baghdad Reaches $92 Million

The Kurdistan Regional Government (KRG) has transferred about $92 million in cash to Baghdad. The amount, equivalent to 120 billion Iraqi dinars, comes from...
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