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Housing Costs in Iran Twice as High as in Europe

Housing Costs in Iran Twice as High as in Europe

The share of housing expenses in Iran, including rent and mortgage payments, has risen to nearly double the European average, creating severe financial pressure on Iranian households. According to international affordability standards, housing costs should not exceed 30 percent of a household’s income; otherwise, housing is considered unaffordable.

Iran’s export to Oman stands at $390m in 7 months

Iran’s export to Oman stands at $390m in 7 months

The National Center for Statistics and Information of Oman announced that the value of the country's trade with Iran in the first seven months of the current year was $865 million dollars, of which over $390 million consisted of Iranian exports to Oman.

Araghchi warns against Israel's expansionism, WMDs

Araghchi warns against Israel's expansionism, WMDs

Foreign Minister Abbas Araghchi has warned that despite a fragile ceasefire in Gaza, Israeli expansionism and Israel’s possession of weapons of mass destruction remain key sources of instability in the region.

Iran’s non-oil exports up $25 billion in H1: TPOI

Iran’s non-oil exports up $25 billion in H1: TPOI

An official at the Trade Promotion Organization of Iran (TPOI) has said that the country’s exports of non-oil commodities reached $25.944 billion in the first six months of the current Iranian calendar year (started Mar. 21).