Smuggling continues to undermine the Iranian economy, partly because the import of many products remain banned in the country.

Five Russian poultry farms have received permission from the Iranian veterinary authorities to supply broiler meat to the country, the Russian veterinary watchdog, Rosselkhoznadzor, said in a…

Exports from Markazi Province reached 1.09 million tons worth $768.43 million during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 3% rise in terms of…

The Second Iranian Solo Trade Exhibition is scheduled to be held from Jan. 14-17, 2023, at the Karachi Expo Center by East Golden Gate and the Iran-Pakistan Chamber of Commerce.

The development of the giant South Pars Gas Field’s Phase 11 is underway and the phase will soon become operational, managing director of the National Iranian Oil Company said.

Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased concerns about oversupply while the…

Gas delivery to the power plants in Gilan Province have increased by 26%, reaching 252 million cubic meters in the second month of the fall (Oct. 23-Nov. 21), compared with the same period of…

The National Iranian Oil Company has discovered hydrocarbon reserves in the southwest with the help of aeromagnetic surveys (AMS) conducted by domestic knowledge-based firms, the head of NIOC’s…

Foreign Minister Hossein Amir-Abdollahian said Iran would only accept a “sustainable agreement” that would secure its red lines in the course of talks to revive the 2015 nuclear deal, which was…

The economy today is the “biggest bubble in world history,” renowned writer and economist Robert Kiyosaki has warned. The co-author of the best-selling personal finance book 'Rich Dad Poor Dad'…

Production credit certificates, known by the Persian acronym Gam, are risk-free financing instruments in the monetary market.  Manufactures can and should use this finance credit to buy…

Tehran Stock Exchange's main index, TEDPIX, stumbled again losing 4,235.09 points or 0.30% on Monday to close at 1,413,604.71. The TSE equal-weighted index barely gained 0.12%. About 7.83…

Tehran Stock Exchange-listed mining companies earned 4.29 quadrillion rials ($11.84 billion) in sales during the first eight months of the current Iranian year (March 21-Nov. 21), registering a…

“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 36.6% in the eighth month of the current…

As many as 22 of Iran’s 31 provinces reported thick snow, pouring rain and fierce winds this week, with officials warning that extreme weather conditions were likely to persist until the end of…

A senior Iranian diplomat stressed that the Islamic Republic would not negotiate on reviving the 2015 nuclear deal under pressure and intimidation, nor would it give any concessions under such…

An estimated 3.73 billion retail transactions were processed by the domestic electronic payment network Shaparak in the eighth month of the calendar year to November 22. Overall business via…

The government earned 3,100 trillion rials ($8.61 billion) from tax in the first eight months of the current fiscal year (March 21-Nov. 21). From the total tax income, direct taxes stood at 1,…

The government-affiliated media have recently confirmed the migration of 2.8 million people or 3.3% of Iran’s population, 37% of top rankers in the nationwide university entrance exams and…

Trade and economic exchanges between Iran and Tajikistan have registered a 300% growth in the first 11 months of 2022 compared to the same period of a year ago, Iran’s energy minister said at…

Khuzestan Regional Electricity Company has generated close to 30,000 megawatt hours of power between March and November, a deputy manager at the provincial power company said.

Three petrochemical projects belonging to the Persian Gulf Petrochemical Industries Company in Asalouyeh, Bushehr Province, are underway and will be completed soon.  In a visit to the…

OPEC+ agreed to stick to its oil output targets at a meeting on Sunday, as oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil…

The implementation of the plan for the mandatory registration of IDs for auto spare parts has eliminated most of the unlicensed producers and led to a 50% increase in the quality of spare parts…

No 2314