Iraq’s public sector salaries at risk amid falling oil prices

An Iraqi economist warned that public sector salaries could face serious risk if oil prices continue to fall, as Iraq remains heavily dependent on oil revenues.

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More than 7,000 companies registered in Kurdistan Region in two years: Official 

Nearly 40,000 companies are registered and active in the Kurdistan Region, including over 3,500 foreign companies.

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Iran’s rial loses three times its value since Trump took office

Over the past decade, Iran’s currency has sharply depreciated, with the rial falling from about 3,000 tomans per US dollar in October 2015 to 118,000 tomans per dollar in December 2025, a decline of nearly 3,833 percent.

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PM Barzani highlights significance of American investment in Kurdistan Region

More than 3,500 foreign companies are operating in the Kurdistan Region.

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Iraqi MP warns next government will inherit heavy debts

Iraqi lawmaker Yasser al-Husseini warned that the next government will face serious financial challenges due to rising internal and external debts left by the current administration. He told The New Region that Iraq’s debt has reached dangerous levels, limiting the government’s ability to reform the economy.

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Iranian government reverses decision to increase insurance, fuel prices after strikes

According to the decision, drivers’ insurance would be increased from 2.35 million Iranian tomans ($29) to 3.35 million Iranian tomans ($40). Gasoline, which used to be at 300 Iranian tomans per liter, was also increased, and transportation fares, lowered.

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Kurdistan Region records 1.6 percent annual inflation

The Region's low inflation rates mark a stark contrast with neighboring countries.

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Iraq taps dormant tax funds to pay salaries amid oil price woes, budget deficit

Facing a deepening liquidity crisis and fluctuating oil revenues, the Iraqi government has authorized the withdrawal of over 3 trillion dinars from long-idle tax trust funds to cover public employee salaries.

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Iraqi MP uncovers $825 million corruption scandal involving terrorist pensions

An Iraqi lawmaker has exposed a sweeping corruption scheme involving the theft of over 1.08 trillion dinars (approximately $825 million) from the state treasury between 2018 and 2024.

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