Category: 4. Business

TEHRAN – Iran’s parliament on Sunday approved a bill to remove four zeros from the national currency, the rial, paving the way for a redenomination process in which the “rial” and “Qeran” will become the official currency…

TEHRAN- Majid-Reza Hariri, the chairman of the Iran-China Joint Chamber of Commerce, commented on the extent to which the UN Security Council sanctions would affect Iran-China relations, and stated: “Given that none of the UN sanctions are…

TASS reported that as of Sunday morning, the world’s largest cryptocurrency accelerated gains to trade at more than $124,900, up +1.97%.

The digital asset reached the previous high of $124,470 on August 14.

Bitcoin was invented in 2008 by an…

Tariff Reforms Essential to Boost Iran–Turkey Trade

TEHRAN (Iran News) Hamed Asgari, Vice President for International Affairs at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), described the current level of economic…

The head of the Iranian Space Agency has announced the completion of the first phase of the Chabahar spaceport for solid-fuel launchers located in southeastern Iran, saying preparations are currently underway for its…

TEHRAN – Senior Iranian and Turkish trade officials held talks in Tehran on ways to deepen economic ties, with Iran’s Chamber of Commerce calling for tariff reforms to unlock the two countries’ trade potential.

Hamed Asgari, deputy for…

TEHRAN – Iran will bring 948 kilometers of gas transmission pipelines and three new compressor stations into operation in the current Iranian calendar year (ends in late March 2026), alongside expanding its Sarajeh gas storage facility, the…

TEHRAN – Iran’s rail network carried 15.8 million intercity and suburban passengers in the first half of the current Iranian year (March–September 2025), a three percent increase compared to the same period last year, official data…

Iran Resumes Electricity Exports to Two Eastern Neighbors

TEHRAN (Iran News) Speaking to IRNA, Mostafa Rajabi Mashhadi said that the volume of electricity exported to the two neighboring countries currently stands at 150 megawatts, while Iran…

Current Dollar Rate Driven by “Fear,” Not Real Market Forces

TEHRAN (Iran News) Speaking on Thursday at a meeting with business leaders in Isfahan focused on “Challenges in the Currency Market,” Central Bank Governor Mohammad-Reza Farzin…