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’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...

Iran Adopts Single-Price System for Foreign Currency Trading

Iran's Gold and Currency Exchange Center announced a single price for foreign currency trading, marking a significant change for the financial sector. Consequently, all...