Armenia’s tourism dips in 2024, while outbound travel to Georgia, Russia, Iran, Turkey and Egypt remains strong.
President Masoud Pezeshkian has said that Iran’s government plans to intensify its engagement with the private sector to facilitate investment in production, as part of efforts to implement the country’s economic agenda for the year.
A senior Iranian business leader has identified lack of trust as the most significant barrier to investment in the country’s production sector, underscoring the need for comprehensive economic reforms to boost investor confidence.
Russia’s tourism surged in 2024, with outbound travel up 20% and inbound arrivals rising 11%. Stronger ties with China and improved infrastructure drive the growth.
Naming the Iranian New Year as the year of “Investment for Production” will play a key role in achieving the country’s 8% economic growth target, according to a statement by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh, has stressed the need for further empathy and convergence between policy-makers and the private sector.
In his New Year address, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei urges the Iranian government and nation to focus on efforts to improve the economy, especially through increased investment aimed at boosting production.
A record 135 million liters a day of gasoline is expected to be consumed by Iranians during the upcoming Persian New Year holidays, an energy official said.
Iran’s Supreme Labor Council approved a 45% increase in the country’s minimum wage for the upcoming year during a meeting on Saturday.
Iran Expo 2025 can play a crucial role in showcasing Iran’s export capabilities, provided the country presents itself professionally and in line with target market demands, a senior private sector actor said.