Top Economy stories | Tasnim News Agency
Iraq to End Fuel Imports As Domestic Production Exceeds Demand
TEHRAN (Tasnim) – Iraqi Prime Minister Mohammed Shia al-Sudani ordered a halt to imports of gasoline, gas oil, and kerosene due to "the country’s achievement of self-sufficiency", the state news agency reported.
Starbucks Sells Majority Stake in China Unit to Boyu
TEHRAN (Tasnim) – Starbucks Corp. will sell control of its China operations to Boyu Capital in a $4 billion deal, aiming to revive growth in a market where local rivals have rapidly expanded.
Pezeshkian Urges Support for Knowledge-Based Businesses
TEHRAN (Tasnim) – The Iranian present called for stronger support for the knowledge-based businesses, urging ministries and companies to help expand innovative enterprises and enhance the export of technological products.
Araqchi Highlights Foreign Ministry’s Push to Facilitate Iran’s Foreign Business
TEHRAN (Tasnim) – Iranian Foreign Minister Abbas Araqchi said his ministry’s mission within the framework of economic diplomacy is to open paths for economic actors and create conditions for their constructive engagement with foreign partners.
European Airlines Resuming Flights to Iran As Direct Vienna-Tehran Route Reopens
TEHRAN (Tasnim) – With the resumption of Austrian Airlines’ direct Vienna-Tehran-Vienna flights as of November 3, the return of major European carriers to Iran has gained new momentum.
Pakistan Eager to Expand Trade with Iran
TEHRAN (Tasnim) – Pakistan’s Federal Minister for Communications Abdul Aleem Khan expressed his country’s commitment to facilitating exports and imports between Islamabad and Tehran in order to accelerate the implementation of bilateral trade agreements.
Afghanistan Eyes Extension of Khaf-Herat Railroad to Mazar-i-Sharif
TEHRAN (Tasnim) – The governor of Afghanistan’s western province of Herat called for Iran’s cooperation to extend the Khaf-Herat railroad up to Mazar-i-Sharif, saying the project will further enhance regional connectivity and economic exchanges between the two neighbors.
Pezeshkian Calls for Common Regional Currency to Boost Development
TEHRAN (Tasnim) – President of Iran Masoud Pezeshkian called for greater unity and cooperation among the regional and Islamic countries, proposing the establishment of a common currency to promote economic growth and integration.
Iran Unveils Plan for Finalization of Contract with Russia on Rasht-Astara Railroad
TEHRAN (Tasnim) – Iran’s Minister of Roads and Urban Development Farzaneh Sadeq said a long-awaited contract with Russia for the completion of Rasht-Astara railroad line will be signed next month.
Iran to Host ECO Ministerial Meeting
TEHRAN (Tasnim) – After a 15-year hiatus, Iran is set to host a meeting of interior ministers of the Economic Cooperation Organization (ECO) in Tehran, reflecting the government’s policy of closer cooperation with neighboring and aligned countries, an official said.
Provincial Diplomacy Key to Good Neighborliness: Araqchi
TEHRAN (Tasnim) – Iranian Foreign Minister Abbas Araqchi described provincial diplomacy as a practical step to strengthen ties with the neighboring countries and enhance economic and commercial cooperation.
CFT Takes Effect in Iran
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian issued a decree enforcing the law on the country’s accession to the Combating the Financing of Terrorism (CFT), which had previously been approved by the Parliament.
President Urges Swift Action to Ease Economic Pressures on Iranians
TEHRAN (Tasnim) – President Masoud Pezeshkian called for the immediate revision of regulations that exacerbate economic hardships for ordinary Iranians, stressing that such policies run counter to the principles of justice, equity, and sound governance.
IMF Revises Up Iran’s Economic Growth for 2025
TEHRAN (Tasnim) – The International Monetary Fund (IMF) revised up its economic growth projections for Iran for 2025.
President Reaffirms Iran’s Commitment to International Economic Cooperation
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian highlighted his administration’s determination to enhance international economic engagement, with a particular focus on deepening trade and cooperation with neighboring countries.
President: Iran to Greatly Redress Energy Imbalances Soon
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian said a significant portion of the country’s current energy imbalances will be resolved in the near future, citing major progress in renewable energy projects and consumption management.
President Urges Rapid Expansion of Solar Power Plants in Iran
TEHRAN (Tasnim) – Iranian President Masoud Pezeshkian highlighted the strategic importance of solar energy and called for the acceleration of solar power plant construction, saying his administration is determined to remove all barriers to the development of renewable energy.
Wall Street Tumbles As Trump Threatens 100% Tariffs on China
TEHRAN (Tasnim) – US stocks slumped Friday after President Donald Trump announced plans to impose new 100% tariffs on Chinese imports, reviving fears of a trade war and ending Wall Street’s record rally.
