TEHRAN- The Director General of Monetary and Credit Operations of the Central Bank of Iran (CBI) stated: From January 8 to May 4, selected banks disbursed 1,076 trillion rials (about $6,329,411) in facilities across 25,548 cases to support…
Category: 4. Business
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Strategic view of Iran-China rail corridor, a prerequisite for preserving Iran’s position in Silk Ro
TEHRAN- The head of the China Desk at the Ministry of Foreign Affairs of Iran said: “A strategic view of the Iran-China rail corridor is a prerequisite for preserving our country’s position in the Silk Road.”
Chamber of Commerce, Mehdi Farazi,…
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Strait of Hormuz closure shakes Europe: Oil price forecast soars 46%
TEHRAN – The European Commission has issued a stark warning that the effective closure of the Strait of Hormuz – triggered by the ongoing war in West Asia – will drive Brent crude prices to an average of $91.2 per barrel in 2026, a…
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26 vessels allowed to pass through Hormuz: IRGC Navy
In a statement released on Wednesday, the IRGC stated, “In the past 24 hours, the Public Relations Department of the IRGC Navy reported that 26 vessels—comprising oil tankers, container ships, and other commercial ships—transited through…
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Maritime-oriented development of free zones in post-war environment
TEHRAN- At the dawn of new military configurations, the axis of geopolitical and geo-economic power is shifting from land to sea. Today, discussions surrounding national security and prosperity are no longer confined to territorial borders and…
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In the wake of US-Israeli war on Iran, BRICS bloc stands at a historic inflection point: Analyst
As geopolitical tremors of the US-Israeli war of aggression against Iran continue to reshape global alliances, the BRICS bloc finds itself at a historic inflection point, says an analyst.
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Knowledge-based firms to help repair war-damaged oil industry
TEHRAN- Increasing cooperation of knowledge-based companies for reconstructing damaged facilities and infrastructure of the oil industry in the third imposed war was reviewed during a joint meeting of the Vice President for Science and the…
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Technical-engineering services, Iran’s main advantage in Tajikistan market
TEHRAN – The commercial attaché of Iran in Tajikistan, referring to the envisioned roadmap for Iran-Tajikistan trade exchanges, stated that Iran’s main advantages in this market are providing technical and engineering services, industrial…
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Reconstruction of war-damaged units accelerated with special mechanisms
TEHRAN- The The Minister of Industry, Mining and Trade, referring to the damages inflicted on some industrial units of the country during the “Third Imposed War,” said: The reconstruction process of damaged units must be pursued with greater…
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Wall Street on edge as Iran conflict fuels inflation fears
TEHRAN – According to information published by Bloomberg, the ongoing conflict involving Iran is sending shockwaves through American financial markets. Top economic experts warn that the Federal Reserve may be forced into a sharp series of…
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