Category: 4. Business

Friday, March 21, 2025

                The rial hit a new all-time low February 21 of 949,000 to the dollar, but has regained some strength since then and is now bobbling around a little above the 900,000 mark. Few…

In line with the recommendations offered by the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei in his yesterday’s message on Nowruz who named this new year of 1404 the Year of Investments for Production, Kazem Sediqi called on…

“Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a ‘teapot’ oil refinery and its chief executive officer for purchasing and refining hundreds of millions of dollars’ worth of Iranian crude oil,…

The following is the full text of the message delivered by Ayatollah Khamenei on the occasion of Nowruz (beginning of the Persian New Year) on March 20, 2025.

In the Name of God, the Compassionate, the Merciful

O Transformer of hearts and sights,

O…

With a focus on safety standards, increased transport capacity, and enhanced service quality, the PMO has compiled a comprehensive report aims to provide a secure and pleasant maritime travel experience during the holiday season.

Expansion of…

Figures showed that the country had exported more than 58.5 million metric tons (mt) of mining and metals products in the 11 months to February 18, Press TV reported. 

The figures represented increases of 1.2% and 0.4% in value and volume…

The Eurasian Economic Commission made the announcement of the FTA’s implementation on Monday, saying that it anticipates the agreement will boost trade among participating nations to $12 billion, according to Russia’s TASS news agency. 

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He noted that currently, 4 billion cubic meters of APG are collected annually, but under the quantitative target set in the Seventh Development Plan (2024-28), this figure must reach 16 billion cubic meters (bcm) per year.

Paknejad, emphasizing…

Reports published in the local media on Sunday said that members of Iran’s Supreme Council of Labor had voted to increase the minimum wage in the country by 45% for the calendar year starting March 21, Press TV reported. 

That will raise the…