Wednesday, 20 August , 2025
  • Tehran Chamber Warns of Widespread Stagflation 20 Aug 2025

    Tehran Chamber Warns of Widespread Stagflation

    TEHRAN - The 29th monthly session of the Tehran Chamber of Commerce’s 10th board convened with sharp warnings from private sector representatives and government officials over mounting economic challenges, from shortages in animal feed to rising energy costs, stagnant investment, and signs of deepening stagflation.

Tourism, Transportation Can Boost Cooperation Between Tehran and Sofia 25 May 2021

Tourism, Transportation Can Boost Cooperation Between Tehran and Sofia

Bulgarian Ambassador to Tehran Ms. Nikolina Kuneva believes tourism and transportation can pave the ground for boosting cooperation between Iran and Bulgaria.

Modern irrigation system implemented in 4,500 hectares of Ardebil farmlands 24 May 2021

Modern irrigation system implemented in 4,500 hectares of Ardebil farmlands

Modern irrigation system is implemented in 4,500 hectares of farmlands in Ardebil province, in the northwest of Iran, a provincial official announced.

ICCIMA director expounds upon economic issues next government will face 24 May 2021

ICCIMA director expounds upon economic issues next government will face

In a recent article, Ali Chagharvand, the planning director of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), expounded upon the economic condition that Iran’s next government will face.

Crypto-miners, drought leaving Iranians in the dark 24 May 2021

Crypto-miners, drought leaving Iranians in the dark

With the early arrival of the hot season across Iran, once again the issue of electricity shortage and systematic power outages has come under the spotlight. These days Iranians are left in the dark for several hours each day based on a pre-planned outage program implemented by the Energy Ministry.

Local firm inks deal to add 10,000 bpd to South Azadegan oil output 24 May 2021

Local firm inks deal to add 10,000 bpd to South Azadegan oil output

Iranian Petropars Group, which is in charge of developing the South Azadegan oil field, has inked a deal with a local contractor called Dana Energy Company for adding 10,000 barrels per day (bpd) to the field’s output capacity.

Railway fleet to receive 1,500 renovated wagons 24 May 2021

Railway fleet to receive 1,500 renovated wagons

Iranian Transport and Urban Development Ministry plans to renovate 1,500 wagons and locomotives to be added to the country’s railway fleet by the end of the current Iranian calendar year (March 20, 2022), Transport Minister Mohammad Eslami announced

Iran, Kazakhstan target $1b of annual trade 24 May 2021

Iran, Kazakhstan target $1b of annual trade

Head of Iran-Kazakhstan Joint Chamber of Commerce said the two countries have the potential to boost their annual trade to $5 billion, however considering the current conditions the two sides have targeted $1 billion of trade over a 3-5 year period.

Tehran, Tashkent Can Improve Economic Ties 24 May 2021

Tehran, Tashkent Can Improve Economic Ties

Uzbekistan Ambassador to Tehran Bakhodir Abdullaev believes Iran and Uzbekistan can improve their economic cooperation due to their appropriate potentials as they can complete each other.

Energy Ministry cuts off power of 4 govt. entities 23 May 2021

Energy Ministry cuts off power of 4 govt. entities

Iranian Energy Ministry's Spokesman for Electricity Industry Mostafa Rajabi Mashhadi said the ministry has cut the power of four major government entities for violation of consumption criteria set by the ministry.

Commodities worth $554m traded at IME in a week 23 May 2021

Commodities worth $554m traded at IME in a week

During the past Iranian calendar week (ended on Friday), 861,793 tons of commodities worth $554 million were traded at Iran Mercantile Exchange (IME).