ECONOMIC IDEAL – TEHRAN, Sep. 27 (MNA) – Hossein Samsami, a senior Iranian MP, believes that the activation of the snapback mechanism against Iran would have minimal direct economic impact. In an interview with Mehr News Agency, Hossein Sa... Read more
TEHRAN – Nearly 79 million passengers traveled across Iran’s roads in the first six months of this year using the country’s public transport fleet, the Road Maintenance and Transportation Organization said. Dariyush Bagherjavan, head of the orga... Read more
TEHRAN – Iran’s annual inflation rate reached 37.5 percent in the last month of summer (August 23-September 22), up 1.2 percentage points from the previous month, the Statistical Center of Iran said. The consumer price index (CPI) stood at 384.6... Read more
TEHRAN- The value of Iran’s sponge iron export rose 41 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, according to the Iranian Steel Produc... Read more
TEHRAN – The Eurasian Economic Commission said it has signed a three-year roadmap with Iran to expand economic cooperation across multiple sectors. Andrey Slepnev, trade minister of the Eurasian Economic Commission, told reporters the agreement... Read more
TEHRAN – Iran expects to raise its annual gold production to 25 tons by the end of its Seventh Five-Year National Development Plan (early 2027), while attracting $30 billion in mining investments, according to the Iranian Mines and Mining Indust... Read more
TEHRAN – Iran’s oil minister said the possible activation of the so-called snapback mechanism would not create fresh restrictions on crude exports, stressing that contingency measures are in place if needed. Mohsen Paknejad told reporters on the... Read more
ECONOMIC IDEAL – TEHRAN, Sep. 26 (MNA) – Iranian Atomic Energy Chief and Russian Energy Minister discussed strengthening ties in energy and nuclear technology. Mohammad Eslami, Vice President of Iran and head of the Atomic Energy Organizat... Read more
TEHRAN – Iran’s wheat production is expected to decline to 13.5 million tons in the 2024/25 crop year, down 2.5 million tons from last season, according to the U.S. Department of Agriculture (USDA). USDA figures show Iran produced about 16 milli... Read more
TEHRAN – Iran’s railways chief has held talks with Iraq’s transport minister on advancing joint rail projects, including the long-delayed Shalamcheh–Basra line, as part of broader efforts to expand regional connectivity. Jabar Ali Zakari, head o... Read more
