Category: economy
Government’s policy is directing electricity toward productive economic activities: energy minister
TEHRAN- The Minister of Energy stated that the policy of the 14th government is to direct electricity toward productive economic activities, and said: “Supplying electricity to industries with the aim of developing GDP and creating economic value is among the government’s programs in the energy sector.”
CBI governor to Trump: Iran has foreign currency, and enough of it
TEHRAN- The 36th Islamic Banking Conference commenced on Tuesday morning (September 1, 2026) at the Central Bank’s Abbasabad Museum Garden building, with the presence of Abdolnasser Hemmati, Governor of the Central Bank of Iran (CBI), members of the Central Bank’s Jurisprudential Council, and a group of senior managers and experts from the country’s banking system.
Iran, Kyrgyzstan review proposal for joint oil refinery construction
TEHRAN – In a significant move toward deepening energy and economic ties, Iran and Kyrgyzstan have agreed to jointly review a proposal for the construction of an oil refinery in Kyrgyzstan. The announcement came on the sidelines of the Shanghai Cooperation Organization (SCO) and Shanghai-Plus summit held in Kyrgyzstan on Monday.
From oil to orchids: how Vietnam made tourism its economic engine, what Iran must learn
TEHRAN- As a tourist-journalist who has visited many countries, my long journey through Vietnam in November 2024—from the dynamic streets of Ho Chi Minh City to the lantern-lit alleys of Hoi An, the imperial citadels of Hue, the bustling energy of Hanoi, and the emerald waters of Ha Long Bay—left me not just in awe…
همتی در میانه بحران ارز خطاب به ترامپ: ارز کافی داریم، خیلی هم داریم
عبدالناصر همتی، رییسکل بانک مرکزی، افزایش نرخ ارز را عمدتا ناشی از «فضای روانی» دانست و وعده عرضه تا دو میلیارد دلار داد. این موضع در حالی مطرح شد که آمارها از تورم ۶۶ درصدی، افت تجارت خارجی و چاپ پول برای جبران کسری بودجه حکایت دارند.
Oil prices climb as US, Iranian attacks stoke fears of escalation
After peaking at $94.40 a barrel on August 21, Brent has been trading in the range of $86-$91 since the MoU lapsed.
Western Balkans truck drivers threaten EU border blockade
Drivers demand an exemption to 90-day limit to stay in Schengen area, saying current rules stop them from working.
Trump’s Venezuelan delusion: Same foolish blueprint he plots for Iran
TEHRAN – In a move that exposes both his strategic shortsightedness and his penchant for delusional grandiosity, US President Donald Trump has announced plans to refill America’s depleted Strategic Petroleum Reserve using Venezuelan oil. The scheme, which Trump has bizarrely described as a “gift from Venezuela to the American people,” reveals a fundamental misunderstanding of…
Construction of 75,000 rental housing units forecasted
TEHRAN- The Minister of Transport and Urban Development has announced the start of construction for 94,000 worker housing units and a forecast for building 75,000 rental housing units, stating that in the first phase, 6,000 rental units will be allocated to young couples.
رکوردشکنی پیاپی نرخ ارز در ایران؛ دلار به ۲۱۰ هزار تومان رسید
در پی تشدید تنشها میان آمریکا و جمهوری اسلامی، نرخ ارزهای خارجی در بازار آزاد ایران به روند صعودی خود ادامه داد و قیمت دلار با عبور از رکورد پیشین، به ۲۱۰ هزار تومان رسید.