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 Steel Production Hits 12.7 Million Tons in Seven Months

Iran steel production reached 12.708 million tons during the first seven months of the current Iranian year. This performance highlights the sector’s resilience during...

Seized Iranian Tanker to Be Auctioned by Indonesia

Indonesia will auction the seized Iranian tanker MT Arman 114 and its 1.245 million barrels of crude oil starting December 2. The government will...

Iran Exchange Rates Updated for November 25

Iran exchange rates experienced notable shifts on November 25, with most major currencies increasing in value. The Central Bank of Iran (CBI) released the...

Iran Gateway Boosts Trade Between China and Europe

Iran gateway emerges as a central hub for rail trade between China and Europe. Iran now plays a crucial role in transporting 60 million...

Bilateral Trade Between Iran and Iraq Set to Reach $20 Billion

Iran and Iraq are focusing on boosting bilateral trade to $20 billion within three years. The two countries see strong potential to expand commercial...

Iran Releases Updated Currency Exchange Rates for November 19

Iran announced its official currency exchange rates for November 19, revealing changes across multiple currencies. The updated figures reflect the current situation in Iran’s...