Finance

Oil Prices Fall as Brent Crude Drops Below $79 per Barrel

Global oil prices declined on Thursday after the United States and Iran signed an agreement aimed at easing tensions in the Middle East. The decline also followed a warning...

Kurdistan’s Water Projects Raise Groundwater Levels and Strengthen Climate Resilience

The Kurdistan Regional Government (KRG) has expanded its dam and pond projects to improve water security. Officials say...

China and Kurdistan Region Emphasize Technology and Cultural Dialogue at International Day Event

China and the Kurdistan Region reaffirmed their commitment to cultural dialogue, technology, and international cooperation during an event...

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...

Gold Prices Rebound as One Ounce Reaches $4,316

Gold prices rose sharply on Thursday, gaining more than 1% in global markets and recovering part of the...
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120 Billion Dinars of Non-Oil Revenues is Being Prepared

The Ministry of Finance and Economy of the Kurdistan Region has officially started procedures to prepare 120 billion Iraqi dinars in non-oil revenues. Therefore,...

Decision to Increase Tax Does Not Apply to Internet Companies in the Kurdistan Region

The Kurdistan Region’s Ministry of Transport and Communications said the 20% tax and service increase on telecommunications services does not affect internet companies operating...

RT Bank to Join e-Psule, Expanding Digital Electricity Payments

The management team of the e-Psule platform announced that RT Bank will soon become the eighth bank and electronic wallet provider to offer digital payment services for electricity...

Salary Distribution in Kurdistan Slows to 40–45 Days per Round

Salary distribution in the Kurdistan Region is slowing significantly. Due to rising financial crises and cuts in Iraq’s government budget, distributing salaries now takes...

Contract Teachers and Employees Salaries to Be Paid Early Next Week

The Kurdistan Regional Government will begin distributing contract teachers and employees salaries early next week. Officials confirmed that payments will start after authorities complete...

KRG Medicine Spending Hits 11B

The Kurdistan Regional Government (KRG) is spending more than 11.2 billion Iraqi dinars every month on medicine as Baghdad provides only part of the...
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