Sunday, June 23, 2024


Mahdi Arman

Mahdi Arman is an Iranian journalist who works as the head of the Iran Front Page (IFP) news website's Business Department. He also has a special interest in the latest social and cultural developments in Iran and the world.

Official: Iran’s non-oil exports hit $36bn

Iran’s non-oil exports have reached $36bn over the past nine months.

Iranian trade firm embroiled in $3bn fraud case on tea imports, said to be the largest embezzlement case

Probes by the General Inspection Organization of Iran indicate that “a certain company” that had received billions of dollars to import tea and machinery, sold the forex on free market at a higher exchange rate, marking “the largest fraud” in the country.

Iran, Russia invest $38bn on North-South Corridor 

Iran and Russia have so far invested 38 billion dollars to boost shipping lines for the North-South transport corridor which links Asia to Europe. 

Iranian speaker: BRICS’ equivalent of SWIFT can replace US-owned money transfer system 

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf says BRICS has its own money transfer system which can replace US-owned SWIFT.  

Official: Iran gas production 110-115m liters daily, meets demand for now

The secretary of Iran's refining industry union says the country’s refineries are producing 110 to 115 million liters of gasoline daily, which has met the local demand so far.

Iran’s Central Bank governor meets IMF chief in Washington

The governor of the Central Bank of Iran (CBI) holds a meeting with the managing-director of the International Monetary Fund (IMF), Kristalina Georgieva, in Washington for talks on ways to expand bilateral interactions and cooperation.

Major Russian bank opens branch in Iran for first time

Russia’s VTB Bank, the country’s second largest, opens a branch in Iran, as the two countries step up their financial cooperation in the face of Western sanctions.

Iran, Venezuela oil ministers sign agreements to broaden energy ties

The Iranian and Venezuelan oil ministers have signed new agreements for broader cooperation in the energy sector, in the face of the draconian economic sanctions imposed on both countries by the US.

Iran, Belarus sign roadmap for comprehensive cooperation

Iran and Belarus have signed a roadmap for comprehensive cooperation as well as seven other cooperation agreements during a visit to Tehran by Belarusian President Alexander Lukashenko.

Expert: First 10 months of current year was ‘inflation peak’ in Iran

An economic expert highlights a significant rise in Iran’s inflation under President Ebrahim Raisi, saying the first 10 months of the current Persian calendar year marked the peak of the country’s inflation in over seven decades.

Uzbek president urges road map for economic cooperation with Iran

Uzbekistan’s President Shavkat Mirziyoyev has called for the formation of a joint committee by the Foreign Ministries of Iran and Uzbekistan in order to draw up a road map for economic cooperation between the two countries.

First direct shipping line from China to Iranian port city of Chabahar

The first ocean liner from China has docked in Chabahar Port in southern Iran.

Iranian daily slams rising prices: Govt. officials incapable of running affairs

An outspoken Iranian daily criticizes a dramatic rise in prices and a drop in the value of the national currency, saying the economic shock shows the administration’s managers are unable to run the country’s affairs.

Iran car industry eyes bigger share from Russian market

The Western sanctions on Russia over the conflict in Ukraine has provided a new opportunity for Iran’s automobile and auto parts industry to gain a firm foothold in its northern neighbor’s markets, an Iranian official says.

Superstar Hosting Iranian Version of ‘Millionaire’ Game Show

It’s been a while since popular Iranian actor, singer and model Mohammad-Reza Golzar has joined Iran’s state TV to host a prime-time TV show called “Be the Winner”, which is a new version of the British game show “Who Wants to Be a Millionaire”.

Iranian Firm Offering Nano-Products on Chinese Market

An Iranian knowledge-based company has found its way to the Chinese market by producing nanocomposites.

“Iran Exporting Nanotechnology Products to 40 Countries”

Saeed Sarkar, the head of Iran’s Nanotechnology Headquarters, says the Islamic Republic is exporting its nano products to dozens of other countries and should seek more markets to expand its sphere of activities.

The Old Road; A Thrilling Drama on Violence against Women

Manijeh Hekmat, a prominent Iranian filmmaker, in her latest work “The Old Road,” has addressed the social problem of violence against women, at a time when the issue has turned into a matter of discussion for thinkers around the world.

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