Category: 4. Business

TEHRAN – The High Council of the Central Bank of Iran (CBI) has approved a draft executive bylaw for implementing the law to remove four zeros from the national currency, the bank said.

According to the Central Bank’s public relations office,…

The European Union has failed to get the United States’ and G7 support in order to jointly block Russian oil deliveries under its 20th package of anti-Russian sanctions, a diplomatic source in Brussels has told TASS.

“The EU presented to the US…

India and the US have decided to defer the proposed three-day meeting of their trade negotiators to finalise the text of the interim trade pact as Washington resets global tariffs after the country’s Supreme Court struck down the Donald Trump…

In a statement on Sunday, the Iranian Shipping and Related Services Association rejected reports that claimed that ships from Jebel Ali and other regional hubs were not moving toward Iran. 

The statement said that the commercial ships continue…

TEHRAN- TEDPIX, the main index of the Tehran Securities Exchange (TSE), lost 85,148 points to 3.618 million on Sunday, which is the second day of the Iranian calendar week.

TSE is one of the four Iranian stock exchanges, and the most important…

TEHRAN – Iran’s farmed shrimp production increased 37 percent year-on-year to more than 62,000 tons in the current Iranian calendar year (ends in March 20), supported by improved disease control and strengthened health management measures, a…

TEHRAN – Iran’s renewable power capacity has risen sharply, with solar installations expanding more than fivefold and total renewable capacity reaching 4,162 megawatts, a senior energy official said.

Mehdi Hosseini, director general for…

TEHRAN – Iran’s National Development Fund (NDF) has allocated around $1.0 billion to strategic projects in the Makran region, as part of broader financing of infrastructure and production schemes in the southeastern province of…

TEHRAN – Iran’s tea exports increased 10.2 percent year-on-year, supported by higher global prices and steady demand in overseas markets, the head of the country’s tea syndicate said.

Exports continue to 33 countries, including European…