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...

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%...

Hormozgan Exports Surpass Five Million Tons Amid Strong Growth

Hormozgan exports have surged in the first ten months of the current Iranian year. Officials report that more than five million tons of goods...