Monday, 26 May , 2025
  • State-Controlled Economy Is Iran’s Biggest Economic Challenge 25 May 2025

    State-Controlled Economy Is Iran’s Biggest Economic Challenge

    TEHRAN - Prominent Iranian economist and researcher in the philosophy and epistemology of economic science, Mousa Ghaninejad, stated that the most significant problem plaguing Iran's economy is its centrally controlled, command-style structure. He asserted that both the financial and real sectors of the Iranian economy suffer due to misguided policymaking.

Production of 8 major minerals, mining industry products up 54% in 11 months 04 Apr 2021

Production of 8 major minerals, mining industry products up 54% in 11 months

The production of eight major minerals and mining industry products has increased by an average of 54 percent in Iran in the first 11 months of the past Iranian calendar year 1399 (March 20, 2020-February 18, 2021), the latest data released by Industry, Mining, and Trade Ministry show.

Iran Posts $1.83b Trade Deficit With Turkey in Fiscal Year to March 04 Apr 2021

Iran Posts $1.83b Trade Deficit With Turkey in Fiscal Year to March

Iran’s customs office (IRICA) has updated figures related to trade with Turkey for the calendar year to March 20, 2021 as the balance of trade with the northwestern neighbor shows a deficit of $1.83 billion.

Iran’s non-oil exports exceed $65 billion 17 Mar 2021

Iran’s non-oil exports exceed $65 billion

Iran's non-oil exports reached $65 billion in one year, In a meeting with exporters in Qazvin province, Hamid Zadboum said.

Rouhani hails CBI efforts in face of sanctions 16 Mar 2021

Rouhani hails CBI efforts in face of sanctions

President Hassan Rouhani expressed gratitude to the Iranian authorities and people, especially the Central Bank of Iran, for their efforts to overcome the coronavirus pandemic in the face of US sanctions.

Oil Prices Retreat As Biden Plans Major Federal Tax Hike 16 Mar 2021

Oil Prices Retreat As Biden Plans Major Federal Tax Hike

Despite optimism from Chinese data overnight, forecasts for lower OPEC+ output, and a weaker dollar, oil prices are tumbling this morning with WTI back below $64.50...

Gold Price, Plenty of Room to Upside on Breakout Over $1744.30 16 Mar 2021

Gold Price, Plenty of Room to Upside on Breakout Over $1744.30

Gold futures are edging higher late in the session on Monday as counter-trend traders continue to build a support base.

EAEU Accounts for 3% of Iran’s Goods Trade in 11 Months 16 Mar 2021

EAEU Accounts for 3% of Iran’s Goods Trade in 11 Months

Iran’s trade with Eurasian Economic Union (EAEU) states has been valued at $1.9b in 11 months.

China Ramps Up Oil Imports From Iran 15 Mar 2021

China Ramps Up Oil Imports From Iran

China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S. 

Iran Among Top Gas Turbines Designers 15 Mar 2021

Iran Among Top Gas Turbines Designers

Iran is now able to design and make a wide variety of gas turbines at world standards, said the managing director of MAPNA Group on Saturday.

Ocean port to be constructed on Jask coast, SE Iran 14 Mar 2021

Ocean port to be constructed on Jask coast, SE Iran

A senior official in the Ports and Maritime Organization of Hormuzgan Province said on Sunday that an ocean port plan was being prepared