The project to supply water to 2,800 villages in Sistan-Baluchestan Province is underway with an investment of $175 million, the managing director of the provincial Water and Wastewater Company…

Oil rose on Monday as the prospect of demand recovery, led by China's loosening of Covid-19 curbs and the United States' decision to buy back oil for its state reserves, overcame global…

The Persian Gulf Petrochemical Industries Company has an installed capacity of 28 million tons, which will reach 33 million tons in the near future with the launch of new projects, the deputy…

Diesel production complying with Euro-5 standards at the Isfahan Oil Refining Company has increased by 300% to reach 20 million liters per day, the oil minister said. “Work on a new diesel…

The third round of the Tehran Dialogue Forum started in Tehran on Monday to review the latest developments in the region and the world.  Around 70 political officials, thinkers and…

Argentina beat France 4-2 in a penalty shootout Sunday to claim a third World Cup title despite Kylian Mbappé scoring the first hat trick in a final in 56 years.

Gonzalo Montiel scored…

Iran’s industry [and the economy in general] has vanished in the Bermuda Triangle of poor policymaking for years now, taking along with it “economic governance”, “quality of diplomacy” and “…

The number of weekly flights between Iran and Tajikistan will increase from the current nine to 23 following the signing of a memorandum of understanding on air transport cooperation between the…

Around 1.3 million tons of rice were imported into Iran during the first eight months of the current Iranian year (March 21-Nov. 21), according to the head of Rice Importers Association.

Tehran Stock Exchange's main index, TEDPIX, gained 30,308.55 points or 2.06% on Sunday to end at 1,500,241.84. The TSE equal-weighted index gained 1.71%. About 11.2 billion shares worth 65.64…

A domestic knowledge-based company has produced a high quality bandsaw metal cutting machine that is cheaper than its foreign counterparts. The bandsaw cutting machine is used to cut different…

The Central Bank of Iran says it plans to modify interest rates to help strengthen the depreciating national currency, the bank governor Ali Salehabadi said. 

A total of 7,500 tons of pomegranates were exported from Iran during the first eight months of the country (March 21-Nov. 21), registering a 100% rise compared with the similar period of last…

A total of 75,972 tons of foreign goods were transited from the Mehran Border Terminal, located in Ilam Province along Iran’s border with Iraq, during the first eight months of the current…

A total of $20.93 million worth of goods have been exported from Mahallat, a county in Markazi Province of Iran, since the beginning of the current Iranian year on March 21, according to…

A total of 11.38 million tons of goods (excluding crude oil) worth $4.7 billion were exported from the southwestern Khuzestan Province during the first eight months of the current Iranian year (…

Iran traded 33.2 million tons of goods (excluding crude oil exports) worth $20.22 billion with the Persian Gulf’s six littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi…

The project to treat and reuse the wastewater of Ilam Gas Refining Company in Ilam Province has been launched, the managing director of the refinery said.

Investment in the petrochemical sector in the Seventh Five-Year Economic Development Plan (2023-28) is estimated to reach $35 billion, the vice president for science and technology said.

Operations to connect Shahid Salimi (Neka) Power Station in Mazandaran Province to the national oil pipeline network have been completed, managing director of the Iranian Oil Pipeline and…

Foreign Minister Hossein Amir-Abdollahian is set to leave Tehran for the Jordanian capital Amman to attend a regional meeting on Iraq.  The event will be the second edition of the…

Why did Iran’s economy fail to achieve growth over the past decade? This question should be posed to the industrial sector, the main driver of growth.  This was stated by Farshad Fatemi,…

The 22nd International Home Appliance Manufacturers Exhibition, also known as HAMEX, is scheduled to be held at Tehran’s International Fairground from Dec. 20-23.

The Central Bank of Iran is making concerted efforts to stabilize the chaotic forex market amid the steep decline in the national currency, the bank governor said. “We have set up a joint…

The unprecedented rise in car prices has little if anything to do with the auto sales in the Iran Mercantile Exchange, a market observer says. In his view, IME is the pitch where “supply and…