Business

Iran and Iraq Sign Four Cooperation Agreements to Strengthen Trade and Regional Connectivity

Iran and Iraq signed four cooperation agreements in Tehran on Thursday, expanding bilateral collaboration across transportation, infrastructure, education, and public administration. The agreements highlighted both governments' commitment to strengthening...

Iranian Rial Hits Historic Low as Gold Prices Skyrocket Amid Regional Uncertainty

The Iranian rial hit historical lows against major international currencies following intense geopolitical escalation across the region. Financial...

Iran’s Rial Nears Record Low as Oil Prices Surge Amid U.S. Military Escalation

Iran Rial Decline accelerated as military tensions between Iran and the United States continued affecting regional financial and...

Iran Oil Exports Continue Despite U.S. Decision to End Temporary Sanctions Waiver

Iran oil exports continue despite Washington's decision to revoke a temporary sanctions waiver, according to Iranian Oil Minister...

Iran and Russia Advance Major Energy Partnership to Expand Gas Cooperation and Regional Trade

Russian Energy Minister Sergey Tsivilyov recently visited Tehran to negotiate a major strategic energy partnership with Iran. The...

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...

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...