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 Turkey Trade: Expanding Bilateral Economic Cooperation

Iran Turkey trade gains momentum as both countries aim to increase bilateral commerce and strengthen economic cooperation. Iranian and Turkish officials recently met to...

Iran Takes Major Step to Strengthen Saffron Value Chain

Iran, in collaboration with the Food and Agriculture Organization of the United Nations (FAO), launched a key initiative to improve the saffron value chain....

Iran Exchange Rates Updated for November 27

Iran exchange rates shifted again on November 27 as the Central Bank of Iran released fresh currency data. The update offered new insight into...

Iran Joins Unified North-South Corridor Tariff Agreement

Iran, Russia, and Azerbaijan are advancing a trilateral agreement to introduce unified tariffs on the North-South Corridor. This initiative ensures predictable and transparent costs...

Iran-Pakistan Trade Targets $10 Billion Milestone

Iran and Pakistan reaffirmed their commitment to boosting Iran-Pakistan trade, targeting $10 billion in the coming years. The announcement came during a meeting between...

Petrol Prices Rise in Iran Under New Consumption Tie

Iran has introduced higher petrol prices for motorists who consume more than 160 litres per month, signaling a major shift in the country’s fuel...