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....

Agricultural Production in Iran Surges 500% Over 40 Years

Agricultural production in Iran has increased strongly over the past four decades. As a result, officials describe this growth as historic. According to Gholamreza...

Satellite Control Boosted with Iran’s New Ground Stations

Iran has strengthened its satellite control capabilities with the launch of two new ground stations in Salmas and Chenaran. Satellite control now benefits from...

Iran’s Car Production Drops Seven Percent Amid Energy Challenges

Iran’s car production fell seven percent in the first nine months of this year. The decline occurred mainly because of energy supply problems. The...

Iran and Oman Aim to Boost Trade to $5 Billion

Iran Oman trade is set to grow as Iran’s First Vice President Mohammad Reza Aref called for stronger ties with Oman. In a meeting...

Iran Air Flights Resume Between Tehran and Istanbul

Iran Air flights have resumed on the Tehran-Istanbul route after a two-month break. The airline announced it will restart round-trip services between the two...

Iran Inflation Hits 44.2% as Prices Surge

Iran inflation continues to rise, putting pressure on households across the country. Moreover, the Central Bank of Iran reported that urban inflation reached 44.2%...