Iran economy

Iran posts $2.105 trade deficit for 5 months to late August

Iran has posted a trade deficit of $2.105 billion for the five calendar months to late August amid a visible decline in both export and import shipments.

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Publish Date:03/September/2025 | 13:54

Report: Iran’s money supply up 8.8% in Q1 calendar year

The Central Bank of Iran (CBI) has reported an 8.8% quarterly increase in the country’s money supply for the three months to late June.

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Publish Date:03/September/2025 | 13:53

Iran targets 40 million tons of transit in Seventh Plan

Iran’s Ministry of Roads and Urban Development has set an ambitious target of 40 million tons of annual transit by the end of the Seventh Development Plan, according to senior officials.

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Publish Date:01/September/2025 | 22:44

Iranian technicians overhaul engine of BK 117 helicopter

Iran says its local technicians have managed to carry out a complete overhaul of the engine of the BK 117 helicopter amid sanctions that restrict the country’s access to aviation parts and technologies.

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Publish Date:19/August/2025 | 22:34

Iran, Armenia target to increase trade volume to $3 billion

Mohammad Atabak announced that Iran and Armenia are set to increase the volume of their trade exchanges to three billion dollars.

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Publish Date:19/August/2025 | 22:33

Iran, Pakistan agree to more than double agricultural trade

Iran and Pakistan have agreed to more than double the value of their annual agricultural trade amid efforts by the two neighbors to bolster their political and economic cooperation.

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Publish Date:19/August/2025 | 22:29

TPOI: Iran, EAEU emphasize deepening cooperation

The head of the Trade Promotion Organization of Iran (TPOI) has said that Iran and Eurasian Economic Union (EAEU) have stressed the need to deepen cooperation in the relevant field.

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Publish Date:17/August/2025 | 16:02

Iran’s sovereign wealth fund’s balance at $30bn

Iran’s sovereign wealth fund has a balance of $30 billion, which it will use to invest in various projects in the country, according to its top official.

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Publish Date:06/August/2025 | 11:59

Mobarakeh Steel plays a critical role in Iran economy

Mobarakeh Steel plays a critical role in providing raw materials for pipelines transferring water from the Oman Sea and the Persian Gulf to central and eastern provinces.

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Publish Date:06/August/2025 | 11:53

Mobarakeh Steel plays a critical role in Iran economy

Mobarakeh Steel plays a critical role in providing raw materials for pipelines transferring water from the Oman Sea and the Persian Gulf to central and eastern provinces.

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Publish Date:06/August/2025 | 11:53

Mobarakeh Steel plays a critical role in Iran economy

Mobarakeh Steel plays a critical role in providing raw materials for pipelines transferring water from the Oman Sea and the Persian Gulf to central and eastern provinces.

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Publish Date:06/August/2025 | 11:53

Iran lifts ban on ultralight aircraft operations

Iran has lifted its ban on operations by ultralight aircraft more than a month after the end of a war of aggression by the Israeli regime, which caused the country to suspend all its aviation activities.

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Publish Date:05/August/2025 | 16:21

Iran’s parl. committee approves new currency reform plan

Members of a committee of the Iranian parliament have voted in favor of a motion to reform the country’s national currency by removing four zeros from it and restoring an old currency subdivision named qiran.

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Publish Date:04/August/2025 | 22:41

South Pars gas production increases 5m cubic meters this year

Gas production at the South Pars Gas Field increases five million cubic meters per day as a result of putting into operation three wells.

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Publish Date:28/July/2025 | 23:49

Over 600 CNG stations provided free gas during 12-day war

The 12-day war and an unprecedented surge in fuel consumption tested the resilience of Iran’s energy infrastructure and industry cohesion.

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Publish Date:26/July/2025 | 20:31

Iran's Leader allows use of Iran’s wealth fund resources for energy projects

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has allowed the Iranian sovereign wealth fund to use its resources for investment in the country's key energy projects, according to a latest statement by the head of the fund.

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Publish Date:23/July/2025 | 22:18

Iran’s trade with neighbors tops $13b in Q1: IRICA

The Islamic Republic of Iran Customs Administration (IRICA) says that Iran’s trade with its 15 neighboring countries exceeded $13.42 billion in the first three months of the current Iranian calendar year (started March 21).

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Publish Date:21/July/2025 | 16:27

CBI: Iran’s economy grew by 3.1% in year to late March

The Iranian economy expanded by 3.1% in the calendar year to late March, according to figures from the Central Bank of Iran (CBI).

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Publish Date:17/July/2025 | 13:30

Iran’s non-oil trade hits over $24.6 bln in Q1: IRICA chief

The head of the Islamic Republic of Iran Customs Administration (IRICA) has put the total value of the country’s non-oil trade in the first three months of the current Iranian calendar year (started March 21, 2025) at $24.684.

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Publish Date:02/July/2025 | 18:17

Iran moves up to 9th in global ranking of steel producers

Iran’s steel production outpaced Brazil's in May as the country moved up to 9th in the ranking of the world’s largest steel producers, according to figures by the World Steel Association (worldsteel).

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Publish Date:30/June/2025 | 17:25