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ECONOMY

IMF expects Iran’s economy to grow by 1.1% in 2026

IMF projections indicate Iran’s economy will perform better this year compared to 2025.

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ECONOMY

Iran eyes 1.7 million car output in year to March: Minister

Iran’s annual car output is expected to reach 1.7 million units in the calendar year to late March.

iran car manufacturing

SAUDI ARABIA

Saudi Arabia faces budget deficit after expectations of surplus

Saudi Arabia is expecting to post a budget deficit up to 2026 despite earlier predictions of a surplus.

Riyadh

ECONOMY

Iran reports increased port activity in 10 months to Jan.

Iran’s ports activity picked up by 9% year on year in the 10 months to late January.

iran port

ECONOMY

Iran reports 5.1% growth in manufacturing in March-August

Government figures show manufacturing activity in Iran picked up by 5.1% in March-August.

iran manufacturing

ECONOMY

Iran’s oil sector expanded by 9.7% in year to March: ITSR

A study shows Iran’s oil sector GDP rose by nearly 10% in the calendar year to late March.

iran refinery

EU

EU to cut economic growth forecast, sees higher inflation amid record high prices

The European Commission says it will again cut its growth forecast for this year and hike its expectations for inflation.

EU

ECONOMY

Iran’s manufacturing exports at over $4bn in 11 months to February

Manufacturing accounted for nearly 10% of Iranian exports in the 11 months to late February.

iran manufacturing