TEHRAN – Iran’s natural stone industry has the potential to reach $5.0 billion in annual exports, but currently earns less than $200 million, the head of Iran Stone Association said, warning that tapping into foreign markets is the only path…
Category: 4. Business
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Iran, Russia sign mapping cooperation agreement at Kazan Forum
TEHRAN — Iran’s National Cartographic Center and Russia’s Federal Service for State Registration, Cadastre and Cartography (Rosreestr) have signed a memorandum of understanding to boost bilateral cooperation in mapping technologies.
The…
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Iran’s annual oil exports hit $67b, highest in a decade: CBI
TEHRAN – Iran exported $67 billion worth of oil in the Iranian calendar year 1403 (ended on March, 20, 2025), marking its highest oil revenue in the past decade, according to estimates by the Central Bank of Iran (CBI).
Data released by the CBI…
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Iran to Slash Import Tariffs on Eurasian Economic Union Goods to 4.5% – Iran News Daily
Iran to Slash Import Tariffs on Eurasian Economic Union Goods to 4.5%
TEHRAN (Iran News) According to a statement from Iran’s Trade Promotion Organization (TPO), the new agreement replaces a temporary trade deal that has been in place since…
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Economic Recovery Hinges on Lifting Sanctions Through Successful Negotiations – Iran News Daily
Economic Recovery Hinges on Lifting Sanctions Through Successful Negotiations
TEHRAN (Iran News) Mojtaba Dastmalchian, head of the Yazd Chamber of Commerce, criticized the practice of issuing foreign currency loans. “These loans are…
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Monthly trade balance in Arvand FTZ hits $14m
TEHRAN – Iran’s Free Zones High Council announced that the trade balance of Arvand Free Trade Zone, in Iran’s southwestern province of Khuzestan, was $14 million positive in the first Iranian calendar month Farvardin (March 21-April 21).
The…
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Iran’s monthly road transit rises 6%, hitting 1.2m tons
TEHRAN – Iran reported the transit of over 1.2 million tons of goods by road during the first month of the Persian calendar year (March 20 – April 20), reflecting a six percent year-on-year rise in total cross-border freight activity, according…
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Gas pressure boosting project in South Pars launched
TEHRAN – Iran has officially launched its long-anticipated gas pressure boosting project at the South Pars field, the country’s largest natural gas reservoir, with energy officials emphasizing the need for strict timelines and private sector…
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Pezeshkian inaugurates over $140m in projects during Kermanshah visit
TEHRAN – President Masoud Pezeshkian inaugurated more than 70 trillion rials (over $140 million) worth of projects during a two-day visit to Kermanshah Province, as part of his sixth provincial tour since taking office.
Pezeshkian arrived in…
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Trump Claims $200B in Deals with UAE as AI Pact Unveiled – Economy news
On Thursday, US President Donald Trump met with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi.
Following the meeting, Trump claimed the two nations had finalized over $200 billion in deals, according to Reuters.
These include a…
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