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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Erbil Rejects Baghdad’s Decision on Ibrahim Khalil Border Crossing

The Kurdistan Regional Government Ministry of Finance rejects a decision from the Iraqi General Commission of Customs about procedures at the Ibrahim Khalil Border...

722,000 Employees Receive Salaries Through “My Account” System

Salary distribution for public employees in the Kurdistan Region began today, Tuesday, March 10, 2026. Authorities started paying February salaries through a digital system...

Finance and Economy Ministry Announces Arrival of February Salary Funds

The Kurdistan Regional Government Ministry of Finance and Economy says the final installment for February salaries has reached its bank account. Officials say the...

RT Bank Removes ATM Withdrawal Fees to Support Salary Earners

RT Bank has introduced new measures to support the public sector and salary earners. The bank launched these steps under the “My Account” banking...

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...
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