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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Sulaymaniyah Revenue Surges from Under 1 Billion to over 14 Billion Dinars

Revenue in the provinces of Sulaymaniyah and Halabja has recorded a dramatic increase, rising from less than one billion dinars to more than 14 billion dinars within a...

Kurdistan Finance Ministry Completes Review of March Salary List

A source within the Kurdistan Regional Government’s Ministry of Finance confirmed that the technical team has completed its review of the March salary list....

Rumors About Farmers’ Wheat Payments in Kurdistan Region Are Incorrect

The Ministry of Commerce of Iraq denied reports that farmers in the Kurdistan Region have already spent 126 billion dinars in wheat payments, confirming...

20% Electricity Fee Waiver Returns 8 Billion IQD to Residents

The Kurdistan Regional Government has returned nearly 8 billion Iraqi dinars to residents following a 20% electricity fee waiver. This initiative applies to citizens...

Kurdistan Prepares Salary List and Audit Report for Submission to Baghdad

The Kurdistan Regional Government (KRG) has finalized preparations to send its March salary list and February audit report to the federal government in Baghdad....

Kurdistan Ministry of Finance Prepares Salary Lists on a Three-Point Basis

The Ministry of Finance and Economy of the Kurdistan Region has introduced new guidelines to streamline salary list preparation for public employees. These reforms...
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