Category: 4. Business
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US dollar crumbling in Iran’s market as rial recoups losses
Iran’s rial is firming against safe-haven currencies after a steep fall that started in early December. … Continue Reading
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Iran has significant partnership potential with ASEAN: envoy
Speaking at a conference to review cooperation between Islamic Republic of Iran and ASEAN, held at International and Political Studies Center in Tehran on Sunday, Iran’s Envoy to ASEAN Mohammad Boroujerdi stated, “I profoundly believe that… Continue Reading
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Iran in postal coop. with Russia, plans expansion to regional countries: Official – Iran News Daily
The managing director of Iran’s National Post Company has said that the country began experimental postal cooperation with Russia two months ago. Iran in postal coop. with Russia, plans expansion to regional countries:… Continue Reading
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‘Detailed strategy, private sector’s contribution required in maritime-oriented economy’
TEHRAN- President Masoud Pezeshkian said that a detailed strategy and private sector’s contribution is necessary for transformation in the maritime-oriented economy. Making the remarks in the Sunday’s session on the development of… Continue Reading
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‘CNG development could save 20m liters of gasoline annually’
TEHRAN – Expanding the use of compressed natural gas (CNG) in Iran could save 20 million liters of gasoline annually within three years, according to Ali Mahmoudian, head of the National Association of Alternative Fuels and Related… Continue Reading
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Iran’s non-oil exports rise 18% in 9 months
TEHRAN – Iran’s non-oil exports rose 18 percent in the first nine months of the Iranian calendar year (March 21- November 21) to $43.14 billion, according to the head of the Islamic Republic of Iran Customs Administration (IRICA). Foroud Asgari… Continue Reading
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Industry Ministry targets enhanced efficiency in steel industry through value chain development
TEHRAN – Iran’s steel industry aims to boost efficiency and increase value-added production by completing and balancing the downstream value chain, according to a senior official at the Ministry of Industry, Mining, and Trade. Vajihollah Jafari,… Continue Reading
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Iran exports non-oil goods worth $1.6b to Afghanistan in 8 months
TEHRAN – Iran exported non-oil commodities valued at $1.6 billion to Afghanistan during the first eight months of the current Iranian calendar year (March 20-November 20), the head of the Islamic Republic of Iran Customs Administration (IRICA)… Continue Reading
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Solar panels distributed to nomads at 10% of cost
TEHRAN – Iran has launched a program to provide portable solar panels to all its nomadic households, requiring them to pay only 10 percent of the cost, a senior official from the Organization for Nomadic Affairs announced. Dariush Nematollahi,… Continue Reading
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Iran-EAEU trade up 20% in 9 months: Official
Head of Iran Export Confederation Mohammad Lahouti has said that Iran’s trade with the Eurasian Economic Union (EAEU) increased by 20% in the first nine months of the current Iranian calendar year (late March to late December 2024) compared to… Continue Reading