Economy
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Tehran to host 3rd Iran-Africa trade summit in spring
TEHRAN – The third Iran-Africa Economic Cooperation Summit is set to take place in May 2025, coinciding with the Iran…
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Iran’s food exports to Germany rise 23% in 2024
TEHRAN – Trade between Iran and Germany grew by four percent in 2024, reaching €1.5 billion, following a sharp decline…
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Iran’s non-oil export to Oman increases 14%
TEHRAN- The value of Iran’s non-oil export to Oman increased by 14 percent during the first ten months of the…
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450 power plant units overhauled to prepare for next summer's peak demand
TEHRAN – Iran has initiated maintenance work on more than 450 power plant units to ensure stable electricity production for…
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Over $3.5b allocated for 378,000 housing units under National Housing Movement
TEHRAN – Bank Maskan has financed the construction of 378,880 housing units under Iran’s National Housing Movement, signing contracts worth…
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Sanctions a key obstacle to Iran-Australia trade: envoy
TEHRAN – The Australian ambassador to Iran has stated that banking sanctions remain the main hurdle to expanding trade ties…
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Parliament dismisses economy minister Hemmati
TEHRAN – Iran’s Parliament voted to impeach and remove Economy Minister Abdolnaser Hemmati from office on Sunday. In a plenary…
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Non-oil export from Fars province up 12% in 10 months on year
TEHRAN- The value of non-oil export from Fars province rose 12 percent in the first ten months of the current…
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Iran to offer mining areas as investment packages
TEHRAN – The Ministry of Industry, Mine, and Trade plans to transfer all mining areas in the country as investment…
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Water reservoirs in critical condition as inflows drop 31%
TEHRAN – Since the beginning of the water year in late September, inflows into Iran’s reservoirs have totaled 8.44 billion…
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