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 Oil Control Shapes Pezeshkian’s Warning to the West

Iranian President Masoud Pezeshkian said Iran oil control is central to countering Western pressure while strengthening domestic economic resilience. He delivered the remarks during...

Iran’s Crypto Economy Expands Amid Diverging Uses

Iran’s crypto economy is growing rapidly, serving very different purposes for the state and ordinary households. The digital currency sector now supports both government...

Iran Loses Up to $42M Daily as Internet Blackout Hits Economy

Iran faces heavy economic losses as the ongoing internet shutdown disrupts business activity nationwide. Experts warn that the internet shutdown is costing Iran between...

Iran’s Steel Production Hits 32 Million Tons Amid Energy Recovery

Iran’s steel production shows strong growth, reflecting resilience in the country’s industrial sector. Steel production reached three million tons last month, marking a 16...

Non-Oil Exports Hit $1.7 Billion in Iran

Iran has witnessed a remarkable rise in non-oil exports this week, signaling strong growth in trade activity. Non-oil exports reached $1.7 billion, more than...

Iran Boosts Gas Supply to Power Plants Amid Winter Demand

Iran’s gas supply to power plants has reached impressive levels, ensuring energy stability across the country. Daily deliveries have exceeded 170 million cubic meters...