Tuesday, 7 January , 2025
  • Iran’s Competitive Edge in the Tajikistan Market Declines 07 Jan 2025

    Iran’s Competitive Edge in the Tajikistan Market Declines

    TEHRAN - Mohammad Hossein Roshank, the head of the Iran-Tajikistan Joint Chamber of Commerce, shed light on Iran’s declining competitiveness in the Tajikistan market. He attributed this to the high production costs in Iran, which diminish its ability to rival countries like China, Turkey, and the UAE, known for offering lower-priced goods. Tajikistan, a market driven by affordability, is increasingly favoring these nations as they aim to secure greater market share through cost-effective production.

Foreign Airlines Overcharging Iranians and Draining Millions of Dollars 25 Dec 2024

Foreign Airlines Overcharging Iranians and Draining Millions of Dollars

TEHRAN - The head of the National Union of Tourism Organizations, Hormatollah Rafiei, has accused foreign airlines of overpricing tickets for Iranian travelers and draining thousands of dollars daily from the country. Speaking at a meeting with the parliamentary tourism faction and government representatives, he urged immediate action against the exploitation by foreign carriers like Qatar Airways and Turkish Airlines.

Iran-Eurasia Free Trade Agreement Likely to Be Implemented in Early 2025 24 Dec 2024

Iran-Eurasia Free Trade Agreement Likely to Be Implemented in Early 2025

TEHRAN - In a significant development, Iran's negotiations for a free trade agreement with the Eurasian Economic Union (EAEU) are expected to culminate in its implementation at the beginning of 2025, according to a senior official.

Iran Suspends Flights to Syria Until January 22 24 Dec 2024

Iran Suspends Flights to Syria Until January 22

TEHRAN - In a press briefing on Tuesday, Hossein Pourfarzaneh, head of Iran's Civil Aviation Organization (CAO), shed light on the state of the country’s aviation industry, its challenges, and developments under the current administration.

Iran’s economy grows 2.9% in H1 fiscal year 24 Dec 2024

Iran’s economy grows 2.9% in H1 fiscal year

Iran’s gross domestic product (GDP) expanded by 2.9% year-on-year in the first half of the current Iranian calendar year (March 20 – September 21), according to a new report from the country’s central bank.

Structural Reforms Needed in Oil Refining Sector 23 Dec 2024

Structural Reforms Needed in Oil Refining Sector

TEHRAN - The First Vice President of Iran emphasized the need for structural reforms in the oil refining sector, calling for the adoption of high-tech solutions and the talents of the country’s skilled youth.

Turkish Capital Markets Regulator Welcomes Expanded Cooperation With Iranian Exchanges 23 Dec 2024

Turkish Capital Markets Regulator Welcomes Expanded Cooperation With Iranian Exchanges

TEHRAN - During the sidelines of the "GEM Committee" meeting in Turkey, the Iranian delegation, led by the representative of Iran's Securities and Exchange Organization (SEO), presented an official letter from Hojjatollah Seyedi, the head of Iran’s SEO, to his Turkish counterpart. This letter emphasized Iran's readiness for bilateral cooperation in areas of mutual interest, which was warmly received by the Turkish side.

Iranian Contractors Exit Syria, Turks Take Lead in Global Markets 22 Dec 2024

Iranian Contractors Exit Syria, Turks Take Lead in Global Markets

TEHRAN - Iraj Golabtonchi, Secretary of the Syndicate of Iranian Construction Companies, spoke at a press conference for the Annual National Conference of the International Concrete Institute (ACI) Iran Branch and the National Conference on Concrete and Earthquakes. Discussing the involvement of Iranian companies abroad and the export of technical and engineering services, he stated that since 1995, Iranian contractors have undertaken $35 billion worth of projects globally.

$35b in Engineering Services Exported by Iran Over Three Decades 22 Dec 2024

$35b in Engineering Services Exported by Iran Over Three Decades

TEHRAN - The Secretary of the Iranian Construction Companies Syndicate announced that Iranian companies and the private sector have exported $35 billion worth of engineering and technical services since 1995.

Iran, Turkey FMs emphasize protecting regional stability 22 Dec 2024

Iran, Turkey FMs emphasize protecting regional stability

Iranian Foreign Minister Abbas Araghchi and his Turkish counterpart Hakan Fidan have stressed the need to protect the regional stability and sustainable security.

5% Share of Knowledge-Based Products in National Exports 21 Dec 2024

5% Share of Knowledge-Based Products in National Exports

TEHRAN - The head of Iran's Trade Development Organization announced that in 2023, knowledge-based companies accounted for 2.6% of the total export weight and 5% of the export value.