Category: 4. Business

TEHRAN – Iran’s Minister of Transport and Urban Development Farzaneh Sadegh has underscored the pivotal role of the transport sector in driving economic and social growth, marking the country’s National Transport Day. In a statement issued… Continue Reading

TEHRAN – Production of aluminum ingot in Iran reached 400,425 tons in the first eight months of the current Iranian calendar year (March 20-November 20), according to the data released by the Iranian Mines and Mining Industries Development and… Continue Reading

TEHRAN – National Iranian Oil Products Distribution Company (NIOPDC) has maintained the daily distribution of 320 million liters of petroleum products nationwide, despite severe cold weather affecting large parts of the country, according to… Continue Reading

TEHRAN – Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company (POGC), which is in charge of the giant field development. Touraj… Continue Reading

TEHRAN – Cement production in Iran is expected to drop to 70 million tons this year, down from 76 million tons last year, due to electricity and gas supply constraints, according to the Cement Association’s Secretary. Ali Akbar Alvandian,… Continue Reading

Bitcoin, the world’s largest cryptocurrency, reached a record high of $106,533 before trading up 3.2% at $104,462. Smaller cryptocurrency ether also climbed, gaining 1.5% to $3,965. “We’re in blue sky territory here,” said Tony Sycamore, an analyst… Continue Reading

Chakad (Digital Secure Check) is the central system for electronic checks introduced by the Central Bank of Iran (CBI). It is also connected with CBI’s Nahab system which contains the identity information of banking customers. By assigning a… Continue Reading

Bank Melli Iran has introduced “Generator Credit Certificates” (GAM) to support producers and facilitate short-term financing for businesses without charging interest. According to the Public Relations Office of Bank Melli Iran, these… Continue Reading

TEHRAN – Iran’s South Pars Gas Complex refineries are operating at full capacity to ensure stable gas production during winter, delivering 585 million cubic meters per day (mcm/d) of gas to the national network, a senior official said on… Continue Reading

The burgeoning halal economy, estimated worth $3.2 trillion in 2024, is growing at nearly double the global rate where a demographic surge in the Muslim population has amplified demand for halal-certified products in… Continue Reading