Category: 4. Business

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Gov’t Intervention Drives Capital Away

TEHRAN (Iran News) Speaking at the National Conference on Investment Opportunities in North Khorasan, Payam Bagheri said: “As of 2024, the United States remains by far the leading country in attracting…

TEHRAN- The Turkish Statistical Office announced that trade exchanges between Turkey and Iran in the first eight months of the current year reached $3.56 billion.

Trade between the two countries during this period decreased by three percent…

TEHRAN – The National Iranian Oil Company (NIOC) said it will continue legal efforts through international and domestic channels to overturn a UK appeals court ruling that upheld the seizure of a London property belonging to the Oil Industry…

TEHRAN – Iran’s Oil Minister Mohsen Paknejad announced a significant increase in daily oil production—by over 120,000 barrels per day—and said that crude oil exports have set records in recent months despite severe sanctions.

He asserted…

TEHRAN – Iran’s steel production reached nearly 15 million tons in the first six months of the current Iranian year (March 21–September 22), marking a 3.2 percent year-on-year increase, according to the Iranian Steel Producers Association…

TEHRAN- The 17th Iran International Stone Exhibition was inaugurated on Tuesday in Nimvar City, Mahallat County, Markazi Province, in center of Iran, with the presence of South Korean Ambassador to Iran Kim Junpyo, as well as other ambassadors…

World Bank Revises Growth Outlook for Iran and the Middle East

TEHRAN (Iran News) In its latest report released on Tuesday, the Washington-based lender projected that gross domestic product (GDP) growth for the Middle East, North Africa,…