Friday, December 19, 2025

Economy

Iran, Kazakhstan expand ties with multi-sector deals

Tehran and Astana signed 14 cooperation documents on Thursday during an official visit by Iranian President Masoud Pezeshkian, aiming to enhance relations across multiple sectors.

Iran’s foreign trade surpasses $76.5 billion in first eight months of year

Iran’s foreign trade reached $76.54 billion in the first eight months of the current Iranian year, according to new data released by the Islamic Republic of Iran Customs Administration (IRICA). Total trade volume during the period amounted to 131.05 million tons of goods.

Iranian president says BRICS, SCO, EAEU opening major economic opportunities for Tehran

Iranian President Masoud Pezeshkian has stated that Tehran’s active participation in BRICS, the Shanghai Cooperation Organization, and the Eurasian Economic Union is creating significant economic opportunities, including expanded regional markets for traders and investors.

Iran transfers economic authority to governors to expand regional Trade despite sanctions

Iran transfers economic authority to governors to expand regional Trade despite sanctions

Iran’s Central Bank transfers Ayandeh Bank deposits to Bank Melli

The Central Bank of Iran (CBI) announced that all deposits and customers of Ayandeh Bank will be transferred to Bank Melli Iran starting Saturday, marking the end of Ayandeh Bank’s operations after years of financial imbalance and regulatory noncompliance.

IMF revises up Iran’s economic growth projections for 2025

The International Monetary Fund (IMF) published a report, revising up its economic growth projections for Iran for 2025.

Iranian parliament approves plan to remove four zeros from national currency

The Iranian Parliament has approved amendments to the Monetary and Banking Reform Bill, which includes removing four zeros from the national currency.

Iran says multi-national projects in Chabahar undeterred by US sanctions

Tehran has announced its joint development projects with New Delhi and other countries in the deep-water port of Chabahar will continue regardless of a recent decision by Washington to withdraw a sanctions waiver granted to the port seven years ago.

Iran, Armenia ink 10 MoUs during Pezeshkian’s visit

Iran and Armenia have signed 10 memoranda of understanding on mutual cooperation during a key state visit by Iranian President Pezeshkian to Yerevan, aimed at enhancing bilateral relations.

Iran, Pakistan sign 12 cooperation deals

Top officials from Iran and Pakistan have inked 12 cooperation agreements in a range of fields during an official presidential visit to Islamabad.

Iran’s non-oil trade hits $34.2bn in 1st 4 months of 2025

According to the Islamic Republic of Iran Customs Administration (IRICA), the country's non-oil trade in the first four months of 2025 reached 61.02 million tons valued at $34.175 billion.

Central Bank says 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, figures from the Central Bank of Iran (CBI) show.

Iranian official: No government-owned essential goods left at ports

CEO of the Government Trading Corporation of Iran Seyed Saeed Rad has confirmed that no government-owned essential goods remain stranded at the country’s ports, assuring the public that Iran’s strategic reserves of basic commodities are in a strong and stable condition.

Former head of Iran’s Chamber of Commerce warns against controversial migration bill

Hossein Selahvarzi, former head of Iran’s Chamber of Commerce, has issued a strong warning against a proposed bill to establish a “National Migration Organization,” claiming it would worsen Iran’s economic, social, and security challenges.

Iran govt. nominates Seyed Ali Madanizadeh as new economy minister

The Iranian government has officially nominated Seyed Ali Madanizadeh as the new minister of economic affairs and finance, parliament's presidium spokesperson Abbas Goudarzi announced on Sunday.

Data: Iran faces longest sustained high inflation in modern history

Iran's economy has entered uncharted territory as official data confirms the country is experiencing its longest continuous period of high inflation, with prices rising over 30% annually for seven consecutive years, Donya-ye Eghtesad economic paper reported on Saturday.

President Pezeshkian says Iran welcomes foreign investors, international traders

Iranian President Masoud Pezeshkian has stated that Tehran welcomes foreign investors and international traders to participate in economic activities and investment opportunities in the country.

Iran launches 2 new digital platforms to strengthen fight against money laundering, terror financing

The Iranian Financial Intelligence Unit (FIU) has officially launched two major digital platforms — SAMAM and SABA — aimed at increasing transparency, strengthening anti-money laundering (AML) and counter-terrorism financing (CTF) measures, and accelerating the analysis of suspicious financial transactions.

Iranian currency strengthens amid positive signals from indirect Iran-US nuclear talks

The Iranian currency market has experienced significant declines in exchange rates following indirect nuclear talks between Iran and the United States, described as "positive and constructive" by both parties.

Iran’s Parviz Khan Customs records $996 million in exports to Iraq

Parviz Khan Customs in Iran’s western Kermanshah Province reported a remarkable performance in 2023, achieving exports valued at $996 million and totaling 2.878 million tons of goods to Iraq.

Iranian vice president: Economist Tayebnia top candidate for vacant economy minister position

Iran's Executive Deputy President Jafar Ghaem-Panah has announced that former economy minister and senior economist, Ali Tayebnia, has been proposed as the main candidate for minister of economic affairs and finance.

New figures: Iran-Saudi trade sees astonishing 6,483% growth

Iran's non-oil trade with Saudi Arabia skyrocketed by an unprecedented 6,483% in the past 12 months, marking the most dramatic growth among all neighboring countries as the former rivals continue to mend relations, according to official customs data released Friday.

Iran-Afghanistan trade via Dogharoun border exceeds $3 billion annually

Iran’s Consul General in Herat, Alireza Marhamati, announced that annual economic exchanges between Iran and Afghanistan through the Dogharoun border have surpassed $3 billion.

Iran’s exports to Americas surge 4.5-fold; free trade with Venezuela nears finalization

A senior official from the Trade Promotion Organization of Iran announced a significant increase in Iran’s exports to the Americas, alongside progress in establishing free trade agreements with Venezuela and other countries.

Iran’s 20-Year Vision Plan: A review of unmet goals as 1404 horizon arrives

As Iran reaches the end of its 20-Year Vision Plan (2005-2025), a critical assessment reveals that many of the ambitious goals set in 2004 remain unfulfilled.

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