Friday, 22 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.

Iran reports 19.1% surge in annual car output 18 Apr 2021

Iran reports 19.1% surge in annual car output

Iran’s industries ministry (MIMT) says car output in the country rose by 19.1% in the calendar year to March 20 despite closures and reduced activity measures imposed at plants by automotive companies to curb the spread of the coronavirus.

FTZs Enjoy Positive Trade Balance in Past 2 Years 18 Apr 2021

FTZs Enjoy Positive Trade Balance in Past 2 Years

The Secretary of Iranian Free Zones High Council Hamidreza Momeni said the trade balance of the country’s free and special economic zones has been positive in the past two years despite the negative balance of the country's foreign trade, IRNA reported.

Tehran housing market records an 85% annual growth 17 Apr 2021

Tehran housing market records an 85% annual growth

The housing market in Tehran was the second-highest returning market in Iran among the country’s four major markets in the previous Iranian calendar year (ended on March 20) with 85 percent annual growth, ISNA reported.

Annual policy package for return of export revenues ratified 17 Apr 2021

Annual policy package for return of export revenues ratified

Iran’s Supreme Council for Economic Coordination has ratified a package of provisions to clarify the regulations and procedures regarding the re-injection of non-oil export revenues earned during the Iranian calendar years of 1397-1400 (March 2018-March 2022) into the country’s economy, an official with the Trade Promotion Organization (TPO) announced.

Industry Ministry’s indigenization plan realized by 110% 17 Apr 2021

Industry Ministry’s indigenization plan realized by 110%

Head of the Domestic Production Center of Iran’s Ministry of Industry, Mining and Trade said the program for indigenizing the knowledge for the production of major industrial equipment has been realized by 110 percent in the previous Iranian calendar year (ended on March 20).

President Inaugurates Major petrochemical Projects 17 Apr 2021

President Inaugurates Major petrochemical Projects

President Hassan Rouhani on Thursday ordered the official startup of 3 major petrochemical projects via videoconference.

Chinese, Russian Companies Ready to Finance Projects in Iran 15 Apr 2021

Chinese, Russian Companies Ready to Finance Projects in Iran

Deputy Head of Commission on Industries and Mines of Majlis says Chinese and Russian companies have announced their readiness for financing projects in Iran, reiterating that those companies which left the country after the U.S. sanctions will not be allowed to easily enter Iran’s market.

Iranian heavy crude oil price rises 6% in March: OPEC 14 Apr 2021

Iranian heavy crude oil price rises 6% in March: OPEC

Iranian heavy oil price increased $3.64 in March to register a six-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Tuesday.

Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran 14 Apr 2021

Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran

There are 3,639 semi-finished industrial projects with over 80 percent physical progress across Iran, Director General of Planning and Financing Office of the Ministry of Industry, Mining, and Trade Alireza Hadi announced.

TEDPIX falls 1,300 points on Wednesday 14 Apr 2021

TEDPIX falls 1,300 points on Wednesday

TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,320 points to 1.243 million on Wednesday.