Latest Economy and Business News

Iran Exports $2b Worth Of Goods To Iraq

Majid Ghorbani, top official of Trade Promotion Organization of Iran in Iraqi affairs, said over $2 billion worth of goods have been exported to Iraq in the first 4 months of new Persian ...

US Dollar Gains as Rial Crisis Continues in Iran

Only after a few days from Ahmadinejad’s speech in state television channel, U.S. Dollar hit an historical mark against Iranian Rial. Today U.S. Dollar traded for 24,500 Rials ...

Iran’s Banana Imports Valued at $75 Million in Q1

Iranian banana importers bought more than $75 million of banana cargos in quarter first of new Persian year (started on 21 March). Base on the latest statistics released by Iran Custom, ...

The Real Unemployment Rate in Iran’s Gilan Province is More than 25%

Mohammad Hossein Ghorbani, Majlis Representative from Astaneh Ashrafieh, believes the formal unemployment rate announced for Gilan province of Iran is a fake number. He says the real ...

Foreign Companies Selling Hotel Rooms in Mecca with High Prices

In the last ten days of Ramadan, the prices of hotel rooms in Mecca increased significantly which resulted in unhappiness of travel agencies and pilgrims. During this short period ...

Iran Nominates for Hosting Expo 2025 in Tehran

Kazem Akbarpour, the Chairman of the Board and Managing Director of Iran International Exhibitions Company, announced that Iran is going to nominate for hosting Expo 2025 in Tehran. “We ...

Iranian Date Exports Decreased by 9.3%

Iranian date exports decreased by 9.3% in the first three month of new Persian year (started on 21 March) and its value reached to $32.3 million. According to the latest statistics ...

Iran Cuts Cheap Currency Rate for Travelers

According to the latest decision taken by members of Iran’s parliament and confirmed by governor of the Central Bank of Iran, Iranian travelers cannot avail of cheap currency ...

Iran Exports 31 Kilogram of Caviar to UAE

Hassan Habibnejad, the head of Mazandaran’s fisheries organization, said Iran has exported 31 kilogram of Caviar to Emirates. “The total value of this freight was around ...

Ayatollah Makarem Shirazi Criticizes Rising Food Prices in Iran

Grand Ayatollah Nasser Makarem Shirazi criticized food prices rising during his speech in Qom. “Government must do their best in order to control food prices in market especially ...