Iranian economy

IMF: Iran's economy growing

IMF: Iran's economy growing

The International Monetary Fund (IMF) has announced that Iran’s economy grew by 5.4% in 2023. In its latest quarterly report the IMF put …

New Iranian manufacturers to join Russian market

New Iranian manufacturers to join Russian market

The delegation of the parliamentary friendship group of Russia and Iran began an official visit to Moscow. The program includes negotiations with representatives of the State Duma, the Federation Council and the Russian Foreign Ministry. The talks will concern the expansion of economic and interparliamentary cooperation.

Raisi speaks about Iranian economic miracle

Raisi speaks about Iranian economic miracle

Iranian President Ebrahim Raisi said a simple examination of economic indicators shows Iran has started a journey towards economic growth. Raisi reiterated the need to focus on domestic capabilities to address the problems. He …

Iran and Qatar increase cooperation

Iran and Qatar increase cooperation

Iranian Foreign Minister Hossein Amir Abdollahian and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani held talks during which they exchanged views on bilateral ties and regional problems. In his speech Amir Abdollahian …

Iranian lawmakers lodge complaints against Rouhani

Iranian lawmakers lodge complaints against Rouhani

Deputy chair of the Iranian parliament’s Article 90 Committee Nasrollah Pejmanfar said they have lodged three complaints with the judiciary against former President Hassan Rouhani. According to Pejmanfar, the move addresses …

Russian-Iranian trade turnover grew 1.4 times

Russian-Iranian trade turnover grew 1.4 times

The trade turnover between Russia and Iran in the first six months of this year increased by 39.9% compared to the same period last year,  the trade mission of the Russian Federation in Iran informs, citing data from the Federal Customs …

Iran starts gasoline rationing and hikes prices

Iran starts gasoline rationing and hikes prices

Iran introduced gasoline rationing and price hikes on November 15 with an official saying that the revenue would be used for subsidies for 18 million needy families, state television reported. According to State TV, the price of a liter …

Crypto mining now official activity in Iran

Crypto mining now official activity in Iran

  Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet. In a session on Sunday, chaired by President Hassan Rouhani, cabinet …

Iran to launch its own cryptocurrency

Iran to launch its own cryptocurrency

Iran's Peyman cryptocurrency is about to start operating and will soon be launched, CEO of Bank Melli Iran Mohammad Reza Hosseinzadeh said, adding that the cryptocurrency is gold-backed. Hosseinzadeh noted that …

India ends Iranian oil imports

India ends Iranian oil imports

India has ended all imports of oil from Iran, its ambassador in Washington Harsh Vardhan Shringla said. The diplomat said that India had already sharply decreased its imports from Iran and bought one million tonnes …

Rouhani: economic war being waged against Iran

Rouhani: economic war being waged against Iran

Iran will not surrender to U.S. pressure and will not give up on its goals even if it is bombed, Iranian President Hassan Rouhani said as tension rises between the Islamic Republic and the United States. Speaking at a …

Iran to increase gasoline production, Zanganeh says

Iran to increase gasoline production, Zanganeh says

Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing in the coming weeks, which will increase the country’s gasoline output to …

Iran rial hits record low around 150,000 against dollar

Iran rial hits record low around 150,000 against dollar

Iran rial extended its slide on Wednesday, hitting a record low around 150,000 against the dollar, according to foreign-exchange websites, Reuters reported. The dollar was being offered for 150,000 rials, compared with about 138,000 …