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.

Ground Ripe for Launching Megastores in Latin America 22 Feb 2021

Ground Ripe for Launching Megastores in Latin America

Head of the Commission for Trade Development and Non-Oil Export Development of Iran Chamber of Cooperatives Babak Afghahi believes the ground is ready for Iran.

Turkish, Chinese Auto Parts Replace European-Made Ones 21 Feb 2021

Turkish, Chinese Auto Parts Replace European-Made Ones

Head of Union of Vehicle Auto-Parts of Tehran says sanctions have affected the market of auto parts in the country and currently the Chinese and Turkish-made auto-parts have replaced their European likes.

Japan, UNIDO Sign MoUs on Cooperation in Tehran 20 Feb 2021

Japan, UNIDO Sign MoUs on Cooperation in Tehran

Some memorandum of understandings (MoUs) on gratuitous aids were signed between the Japan Embassy and representatives of UNDP and UNIDO in Tehran on Wednesday.

Is This Oil Rally The Start Of Something Much Bigger? 17 Feb 2021

Is This Oil Rally The Start Of Something Much Bigger?

Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.

Iran’s Economy Under Sanctions 15 Feb 2021

Iran’s Economy Under Sanctions

Iran had barely started to reap the economic benefits of its 2015 nuclear deal with world powers when Donald Trump withdrew and imposed sanctions so tight they plunged the country into its worst economic crisis since the 1980s.

Oil rises on fears of heightened tensions in Middle East 15 Feb 2021

Oil rises on fears of heightened tensions in Middle East

Brent crude was up 66 cents, or 1.1%, at $63.09 a barrel at 0004 GMT, after climbing to a session high of $63.44, the highest since Jan. 22, 2020. U.S. West Texas Intermediate (WTI) crude futures gained 86 cents, or 1.5%, to $60.33 a barrel.

Chabahar port’s capacity developed to 8.5m tons 14 Feb 2021

Chabahar port’s capacity developed to 8.5m tons

Development of Chabahar Port in southeastern Iran raised capacity to load and unload more than 8.5 million tons of goods a year, a local official said on Sunday.

Omani Banks Likely to Open Accounts for Iranian Companies 14 Feb 2021

Omani Banks Likely to Open Accounts for Iranian Companies

Head of the Iran-Oman Joint Chamber of Commerce Mohsen Zarrabi says talks are underway with Omani banks to open accounts for Iranian companies active in this sultanate.

Gold Price Analysis: XAU/USD rebounds $20 to $1830 as DXY drops sharply 13 Feb 2021

Gold Price Analysis: XAU/USD rebounds $20 to $1830 as DXY drops sharply

A reversal of the US dollar across the board triggered a rally in XAU/USD. Gold jumped $20 from the low, hitting a fresh daily high at $1830.

Brent Oil: A rally to $70 is technically possible 13 Feb 2021

Brent Oil: A rally to $70 is technically possible

This week, Brent Oil prices broke through the technical resistance level of $60/barrel within the upward trend channel. As a result, the multiyear downward trend was broken