Iran economy

tag Iran economy

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

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 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

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

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

Iran and Effective Economic Governance amidst Crisis

Even amidst the war, Iran was able to keep many of its capacities active. The most tangible example of this is the continuity and even increase in Iran's oil exports, which surprised many Israeli experts.
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Publish Date:29/June/2025 | 16:05

IMF revises up its 2024 economic growth forecast for Iran

The International Monetary Fund (IMF) has raised its economic growth forecast for Iran in 2024 amid signs the country is becoming increasingly immune to the economic impacts of US sanctions.
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Publish Date:26/October/2024 | 11:35