TEHRAN- The Director General of Asia and Subcontinent Department of Iran’s Trade Promotion Organization said: Focusing on removing infrastructure barriers, activating the transit corridor, developing border market activities, and utilizing the…
Category: 4. Business
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IMF sees risks to global growth forecast over sustained Iran war
TEHRAN- The International Monetary Fund warned on Thursday that continuing disruptions due to the Iran war meant its global economic outlook was moving towards an “adverse” scenario, with growth pared down and greater risks to inflation, AFP…
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European medicine supplies at risk due to Iran tensions
TEHRAN – European countries could face significant shortages of medicines and essential pharmaceutical components if tensions surrounding Iran escalate and lead to a blockade of the strategic Strait of Hormuz, according to a recent…
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Three Iranian satellites in final testing phase: Space Agency
The head of the Iranian Space Agency (ISA) says three domestically-built satellites are in their final testing phase.
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Road quality improved by securing 8,000km of country’s road arteries
TEHRAN- The Director General of the Office for Sign Maintenance, Equipment, and Road Safety Development of the Road Maintenance and Transportation Organization announced that in line with the implementation of the Seventh National Development…
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Sarakhs Special Economic Zone begins operations
TEHRAN- The acting secretary of the Supreme Council of Iran’s Free Trade, Industrial and Special Economic Zones has announced the start of the operational phase of the Sarakhs Economic Zone, in Khorasan Razavi province, following the…
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Iran, Japan discuss expansion of economic cooperation
TEHRAN- During a meeting between Iranian Finance and Economic Affairs Minister Seyed Ali Madanizadeh and Japanese Ambassador to Tehran Tamaki Tsukada, the two sides discussed the ways to expand economic cooperation between the two countries.
The…
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Europe faces summer travel chaos as jet fuel crisis deepens
TEHRAN- Europe is bracing for a devastating summer travel crisis as a blockade of the Strait of Hormuz sends jet fuel prices skyrocketing, threatening mass flight cancellations and airline bankruptcies, according to a report by Deutsche Welle.
The…
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Eurasia system puts into operation at IRICA
The necessary infrastructures have been prepared and ready for implementation for being used by the economic activists in line with the policies of the Islamic Republic of Iran Customs Administration in making customs processes “smart and…
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From Assaluyeh to Lavan: Resilience of Iran’s energy industry in shadow of sanctions, war
TEHRAN- Iran’s energy industry has experienced an unprecedented period in recent years, including economic pressures from sanctions, increased geopolitical tensions, and continuous fluctuations in the global energy market. It has reached a level…
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