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.

Iran, Turkey trade to rise amid US sanctions 22 Jan 2020

Iran, Turkey trade to rise amid US sanctions

Companies from Iran were meeting their counterparts at a conference in Istanbul on Wednesday as part of a new push by Iran and Turkey to enhance their economic trade, despite sanctions imposed by the US.

First PIMS launches in Iran oil industry 22 Jan 2020

First PIMS launches in Iran oil industry

The Iranian Offshore Oil Company (IOOC) has successfully launched its first pipeline integrity management system (PIMS) in the Iranian oil industry.

Iran’s annual inflation declines to 38.6%; SCI reports 22 Jan 2020

Iran’s annual inflation declines to 38.6%; SCI reports

The Statistical Center of Iran (SCI) announced that Iran's annual inflation rate during December 22, 2019-January 20, 2020, stood at 38.6 percent.

Electricity generation by hydroelectric plants up 218% 22 Jan 2020

Electricity generation by hydroelectric plants up 218%

Electricity generation by Iranian hydroelectric power plants during the first nine months of the current Iranian calendar year.

Iran Steel Exports Exceed 10m Tons Despite Sanctions 21 Jan 2020

Iran Steel Exports Exceed 10m Tons Despite Sanctions

Head of Industrial Development and Renovation Organization of Iran (IDRO) says Iran has managed to export more than 10m tons of steel despite maximum sanctions.

Iran’s fuel consumption decreased in 18 months 21 Jan 2020

Iran’s fuel consumption decreased in 18 months

Iran's managing policies succeeded to reduce domestic fuel consumption by over nine billion liters in the past 18 months.

Gas production in South Pars hits 630 mcm a day 21 Jan 2020

Gas production in South Pars hits 630 mcm a day

Iran’s South Pars Gas Field has reached a total daily production of 630 million cubic meters (mcm), according to the managing director of Pars Oil and Gas Company.

TFA cuts trade costs by 13% 20 Jan 2020

TFA cuts trade costs by 13%

Mehdi Bakhshandeh said that once the Trade Facilitation Agreement (TFA) is enforced, trade and business costs will be reduced by 13 to 15 percent.

UK economy after Brexit, Javid explains 20 Jan 2020

UK economy after Brexit, Javid explains

UK is planning to shift its economy further away from the European Union’s, firing an early salvo in what’s set to be a fractious year in hammering out their future relationship after Brexit.

Domestic production raise Iran savings €1.2b 20 Jan 2020

Domestic production raise Iran savings €1.2b

TEHRAN (Iran News) – Domestic production helped Iran to raise its savings €1.2 billion since the beginning of the current Iranian year (March 21, 2019), said deputy industry, mine and trade minister for industry affairs. “So far, the contracts and agreements signed [with domestic producers] with the support of the domestic production promotion expert desks […]