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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April Salary Funding Completed for Kurdistan Region Employees as Payment Process Set to Begin

Authorities in the Kurdistan Region confirmed the completion of April salary funding for public employees. As a result, the Ministry of Finance and Economy...

Kurdistan Region Salaries to Begin Distribution on Tuesday After Baghdad Approval

Public sector salaries in the Kurdistan Region will begin distribution on Tuesday after Iraq’s federal Ministry of Finance approved April payments. This step follows...

Erbil to Transfer 60 Billion Dinars in Non-Oil Revenue to Baghdad

The Kurdistan Regional Government has announced plans to transfer 60 billion Iraqi dinars in non-oil revenue to Baghdad as part of its financial commitments...

Baghdad Allocates Over 12 Billion Dinars for Wheat Farmers in Kurdistan Region

Iraq’s Ministry of Trade has approved 100 billion Iraqi dinars for farmers across the country. More than 12 billion dinars will go to wheat...

Kurdistan Non-Oil Revenue Ready as Salary Payments Expected This Week

The Kurdistan Regional Government (KRG) has completed collecting April’s non-oil revenues and now waits for Baghdad’s final approval to release public sector salaries. The Ministry of Finance...

Coalition Financial Aid for Peshmerga to be Distributed

The Kurdistan Region’s Ministry of Peshmerga announced today that it will distribute financial aid from international coalition partners to Peshmerga forces. On April 26, 2026,...
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