Thursday, 21 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.

Annual plan for tax income realized by 107% 11 Apr 2021

Annual plan for tax income realized by 107%

Iran managed to collect 1.92 quadrillion rials (about $45.7 billion) of tax revenues during the past Iranian calendar year of 1399 (ended on March 20), showing that the country’s annual tax income plan has come true by 107 percent, according to Finance and Economic Affairs Minister Farhad Dejpasand.

Possible inflationary trends in the short-term 11 Apr 2021

Possible inflationary trends in the short-term

 In its recent report, the IMF predicted 36.5 percent inflation for Iran this year. For further discussing possible scenarios for possible inflationary trends in the short-term; we’d asked professor Hanke for a commentary.

Iran to Launch Key Petrochemical Projects Soon 11 Apr 2021

Iran to Launch Key Petrochemical Projects Soon

 Managing Director of the National Iranian Petrochemical Company (NIPC) Behzad Mohammadi announced that two petrochemical plants for production of polypropylene and heavy polyethylene catalysts will be inaugurated in the coming weeks.

flights to UK still banned due to Corona concerns 11 Apr 2021

flights to UK still banned due to Corona concerns

Iranian Minister of Roads and Urban Development said that flights to UK are still prohibited due to Corona concerns.

Over 89m Kwh of electricity generated from renewable sources in a month 11 Apr 2021

Over 89m Kwh of electricity generated from renewable sources in a month

According to the data released by Iran’s Renewable Energy and Energy Efficiency Organization (known as SATBA), the country’s renewable power plants generated over 89 million kilowatt-hours (Kwh) of electricity in the last month of the previous Iranian calendar year (February 19- March 20).

Chinese Expected to Invest $80b in Iran’s Mining Sector 11 Apr 2021

Chinese Expected to Invest $80b in Iran’s Mining Sector

Head of Mines and Mining Industry Commission of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) says the Chinese are interested to have $400b investment in different sectors in Iran and it is expected $80b to be invested in the mining sector.

Torbati: Over $2.8b spent on natural gas supply to Chabahar port 10 Apr 2021

Torbati: Over $2.8b spent on natural gas supply to Chabahar port

Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati has said that so far about 120 trillion rials (over $2.85 billion) has been spent for connecting the southeastern Chabahar port to the national gas network.

New Regional Course of Uzbekistan: Achievements and Prospects 10 Apr 2021

New Regional Course of Uzbekistan: Achievements and Prospects

The reforms, openness, transparency, renewal, and changes observed in the domestic policy of Uzbekistan in recent years are also evident in the country’s foreign policy.

Iran-China Deal Needs No Approval in Majlis 08 Apr 2021

Iran-China Deal Needs No Approval in Majlis

Finance minister says an economic partnership agreement signed with China last month would be effective without any need to win the approval of the Iranian parliament.

Iran Underlines Rising Economic Ties Among Muslim countries 08 Apr 2021

Iran Underlines Rising Economic Ties Among Muslim countries

In a meeting with the Malaysian deputy foreign minister the Head of TPOI underlined the vitality of boosting economic ties among Muslim countries.