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News
Kurdistan Region Wins First Place at UAE’s 2026 AIM Investment Awards
6+ day, 1+ hour ago (390+ words) ERBIL (Kurdistan24) – The Kurdistan Region secured first place among more than 180 countries at the UAE’s 2026 Annual Investment Meeting (AIM) Congress in Dubai on Monday, with the Kurdistan Regional Government (KRG) Investment Board also announcing that foreign investment projects have created nearly…...
Erbil Chamber, Mercedes-Benz Dealer in Iraq Sign MoU to Boost Business Cooperation
1+ week, 6+ day ago (375+ words) ERBIL (Kurdistan24) — The Erbil Chamber of Commerce and Industry and BrightCastle Motors, the authorized Mercedes-Benz dealer in Iraq, signed a Memorandum of Understanding (MoU) on Monday, aimed at strengthening cooperation, supporting the private sector, and promoting investment in the Kurdistan Region....
Central Bank of Iraq Orders Asset Freeze Against 12 Political Figures
2+ week, 2+ day ago (188+ words) The measure follows a judicial decision linked to corruption investigations and instructs banks and financial institutions to immediately implement the asset seizure order. ERBIL (Kurdistan24) - Iraq’s Central Bank has ordered the seizure of all movable and immovable assets belonging to 12 political…...
Iran Says Banking Barriers with Iraq Removed
3+ week, 3+ day ago (196+ words) Iran's Central Bank governor says banking obstacles between Tehran and Baghdad have been removed, though implementation of cash agreements remains pending. ERBIL (Kurdistan24) - Abdolnasser Hemmati, governor of the Central Bank of Iran, said on Thursday, obstacles to banking exchange between Iran…...
Iraq Turns to Non-Oil Revenue as Strait of Hormuz Crisis Deepens
3+ week, 6+ day ago (578+ words) Finance Minister Falih Sari says Baghdad is strengthening non-oil revenues and introducing a performance-based budget as the Strait of Hormuz closure disrupts trade and oil earnings. ERBIL (Kurdistan24) - Iraq is seeking to increase non-oil revenues and overhaul public spending as the…...
Iraq to Drop Zeros From Its Currency as Dinar Redenomination Returns?
4+ week, 1+ day ago (957+ words) Iraq's Communications Minister Mustafa Sanad says Iraq has decided to remove zeros from the dinar and reprint the currency, but the Central Bank remains the country's monetary authority and has not publicly confirmed a timetable. ERBIL (Kurdistan24) - Is Iraq preparing to…...