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....

Iran Announces Official Currency Exchange Rates for February 18

The Central Bank of Iran (CBI) released official exchange rates for foreign currencies on February 18. Overall, most currencies increased, while four declined compared...

Tehran and Moscow Target $10 Billion in Trade Amid Customs Challenges

Tehran and Moscow are aiming to raise bilateral trade to $10 billion over the next three years. The two capitals are calling for the removal...

Iranian Parliament Approves Significant Salary Increases for Officials and Legislators

The Iranian parliament approved a significant raise in salaries for government officials and legislators for the new fiscal year. Under the plan, the minimum...

Iran Currency Exchange Rates for February 16

The Central Bank of Iran (CBI) released official foreign currency rates for Monday, February 16, showing mostly upward movement across the market. The update reflects ongoing adjustments...

Non-Oil Exports of Iran Reach $45 Billion in 10 Months Amid Challenges

Iran’s non-oil exports reached $45 billion during the first ten months of the current Iranian calendar year. This achievement shows steady growth despite economic...

Iran Currency Exchange Rates for February 15

Iran currency exchange rates were released on February 15 by the Central Bank of Iran. The new figures show daily changes in the value of...