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 Currency Rates Show Significant Gains Across Major Currencies

Iran currency rates surged on December 16 as the Central Bank of Iran announced updated official exchange rates. The increase affected 46 foreign currencies...

Iran Exchange Rates Rise Across All Official and Alternative Markets

Iran exchange rates climbed on December 15 following the central bank’s release of updated official currency values. The announcement highlighted ongoing pressure on the...

Iran Launches New Fuel System Amid Gasoline Price Changes

Iran launches a new fuel system amid gasoline pricing changes, reshaping how citizens access fuel. Officials say the reforms aim to control consumption, reduce...

Iran Currency Rates Update for December 14

Iran currency rates moved lower on December 14 after the central bank updated official foreign exchange values. The announcement signaled continued pressure on the...

Green Transit Corridor Boosts Iran-Kazakhstan Trade

Iran and Kazakhstan are set to launch a Green Transit corridor, aiming to enhance trade and logistics. The head of Iran Chamber of Commerce,...

Iran Currency Rates Update: December 11 Exchange Values Released

Iran currency rates declined across most major currencies on December 11, according to the Central Bank of Iran (CBI). This change reflects ongoing economic...