TEHRAN – Samad Hassanzadeh, head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), said investment in mining and mineral industries is a cornerstone of strengthening economic resilience, adding that more than 75…
Category: 4. Business
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Iran, Turkey to Establish New Border Crossing – Economy news
The director general of Roads Maintenance and Transportation Organization of West Azarbaijan Province said the exact location of the Kuzehrash border crossing has been discussed with a Turkish delegation and that preliminary agreements between…
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ECO Considers Common Currency by 2035 as Intra-Regional Trade Remains Low at 8% – Iran News Daily
ECO Considers Common Currency by 2035 as Intra-Regional Trade Remains Low at 8%
TEHRAN (Iran News) Khan reported that ECO’s total trade in 2023–24 reached approximately $1.016 trillion, or 4–5% of global trade, but only $110 billion…
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NIDC digs, completes drilling of 67 oil, gas wells in H1
TEHRAN – National Iranian Drilling Company (NIDC) dug and completed the digging operations of 67 oil and gas wells in the country’s onshore and offshore oil-rich regions during the first half of the current Iranian calendar year (March…
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Iran and EAEU to expand trade ties: Minister
Atabak, who heads the Iran-Belarus Joint Economic Commission, participated in the meeting of the Council of Prime Ministers and held intensive talks with ministers and senior economic and industrial officials of Belarus.
“The future of our…
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Iran, EAEU to expand trade ties: Minister
Atabak, who heads the Iran-Belarus Joint Economic Commission, participated in the meeting of the Council of Prime Ministers and held intensive talks with ministers and senior economic and industrial officials of Belarus.
“The future of our…
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Fruits have highest inflation rate among commodity groups in sixth month
TEHRAN- According to a report by the Statistical Center of Iran (SCI), the country’s point-to-point inflation rate reached 45.3 percent in the sixth month of the current Iranian calendar year, Shahrivar (August 23-Septemebr 22), which shows a 2.9…
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Iran introduces stricter rules on drone operation
The Iranian government has introduced stricter regulations on the operation of privately-owned drones just three months after the Israeli regime used small drones for…
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Iran and MENA’s largest steelmaker reports decline in output
The largest steelmaker in the Middle East and North Africa (MENA) region has posted a fall in production in the first half of the current calendar…
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Iran’s annual export to Russia anticipated to hits $1.4b by next March
TEHRAN- Given the current trend and trade plans, Iran’s exports to Russia are expected to reach about $1.4 billion by the end of the current Iranian calendar year (march 20, 2026), compared to about $1.1 billion at the end of the previous year,…
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