Thursday , 28 March 2024

Economy

Economic Crisis In Iran Leading To Job Cuts And Inflation

Radiofarda – Iranian Auto parts manufacturers says 450 thousand workers in this industry are likely to lose their jobs as a result of Iran’s foreign currency crisis. At the same time, Iranian media report that rising prices of foodstuff and cost of housing on a daily basis make life harder for most Iranians.

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Tourism Projects Worth $10B Underway In Iran

PayvandNews – Some 1,884 tourism projects valued at 430 trillion rials (nearly $10.2 billion) are underway in Iran, tourism chief Ali-Asghar Mounesan said on Sunday.  Projects including construction of hotels and eco-lodges as well as projects aiming at attracting tourists are already underway and herald good days for tourism industry of the country, CHTN quoted Mounesan as saying.

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Iran Offers Oil Discounts To Keep Asian Customers

Radiofarda – An official at the state-run National Iranian Oil Company (NIOC) has told state-run news agency, IRNA, that the company was reducing its prices for September sales to Asia to their lowest level in 14 years, compared with Saudi crude.

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