Business

Iran Expands Traditional Crafts Sector in Khoy to Boost Nomadic Income and Protect Cultural Heritage

The Nomadic Affairs Department in Khoy has established thirty-nine new handicrafts workshops for local nomadic youth. This major development initiative aims to boost regional economic empowerment while creating long-term...

Iranian Coordination Helps South Korean Tanker Avoid Disruption in Hormuz

A South Korean-flagged very large crude carrier navigated the volatile Strait of Hormuz on Wednesday morning. Consequently, South...

Tehran Stock Exchange Reopens After 80-Day Wartime Shutdown as Market Slides Further

The Tehran stock market partially resumed trading on Tuesday after an 80-day shutdown triggered by military strikes on...

Iranian Food and Drug Administration Warns of Severe Disruptions in Medicine Imports

The Iranian Food and Drug Administration announced severe disruptions regarding the procurement of vital domestic medical resources on...

Iran’s Evaporative Cooler Prices Surge as Families Turn to Repairs and Secondhand Markets

The domestic appliance market in Iran is experiencing an unprecedented surge in evaporative cooler prices as summer approaches....

Stock Market Freeze Protects Iran Investors

Iran imposes a stock market freeze to protect citizens’ and companies’ assets amid economic uncertainty. The stock market freeze aims to stabilize financial conditions...

Iran Increases Power Capacity to Nearly 99,000 MW in 18 Months

Iran has raised its electricity generation capacity by about 5,800 megawatts in less than 18 months, reaching 98,802 MW. The growth reflects the government’s...

Iran and Azerbaijan Sign Comprehensive Cooperation Agreement

Iran and Azerbaijan signed a wide-ranging agreement to strengthen cooperation in infrastructure, energy, and economic development. The deal was finalized during the 17th Joint...

Iran Produces High‑Strength S650MC Steel for the First Time

Iran produces the S650MC high-strength hot-rolled steel sheet for the first time through Mobarakeh Steel Group and its subsidiary, Saba Steel & Rolling Company. This...

Iran Announces Currency Exchange Rates for February 22

The Central Bank of Iran (CBI) released official foreign currency rates for February 22, 2026. Overall, most major currencies in Iran rose slightly, while a few...

Iran and Russia Strengthen Ties with New Cooperation Agreements

Iran and Russia have taken decisive steps to deepen their economic and technical cooperation. They signed a new cooperation document and four memoranda of...