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 Political Prisoners, Salaries to Triple as Federal Transfer Nears Completion

The transfer of political prisoners’ files from the Kurdistan Region to the Iraqi federal government has reached its final stage, paving the way for...

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 to the ongoing war. The company...

Salary Payments for Kurdistan Region Public Employees

The Iraqi Parliament has called on the federal government to commit to sending salaries to public employees in the Kurdistan Region. Lawmakers stressed that...

Kurdistan Region Finalizes March Salary List Amid Financial Uncertainty

The Ministry of Finance in the Kurdistan Region is in the final stage of preparing the March salary list. Officials continue their commitments to...

Kurdistan Region has Faced $110 Million Losses Due to Air Travel Suspension

The suspension of flights in Iraq and the Kurdistan Region has severely impacted both the tourism and aviation sectors. Experts estimate that the total...

Kurdistan Tourism Companies Report Zero Ticket Sales for 15 Days Amid Airspace Closure

Tourism companies in the Kurdistan Region say the airspace closure has severely damaged the travel sector. Industry representatives say travel agencies have not sold...
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