The Saudi-led OPEC oil organization and allied producing countries, including Russia, are expected to decide how much oil to supply to the global economy amid weakening demand in China and…

Water productivity in Iran’s agriculture sector is well below global average.  According to the spokesperson of Iran’s Water Industry affiliated with the Energy Ministry, the rate stands…

Iran-UK Chamber of Commerce is scheduled to hold a course titled "Innovative Entrepreneurship Wheel" on Dec. 14 in cooperation with the University of Tehran's Faculty of Entrepreneurship, Panter…

“Hotels and restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 72.5% in the eighth month of the…

The Central Insurance company of Iran (CII), the regulatory body, has issued the operational license for Charisma Life Insurance Company, the third in Iran.  A report seen on Risknews…

The government will give its shares in five major companies to the people who were unable to receive the so-called Justice Shares when they were first distributed in 2007.

Tehran Stock Exchange's main index, TEDPIX, gained 119.09 points or 0.01% on Sunday to end at 1,417,839.50. The TSE equal-weighted index gained 0.26%. About 7.34 billion shares worth 35.6…

Iran needs to prepare for the approaching second wave of flu cases following the passage of the first peak, head of the Health Ministry’s Center for Infectious Disease Control, Shahnam Arshi,…

Iran and Turkey traded $4.49 billion worth of goods during the first 10 months of 2022 to register a 20.45% year-on-year rise, latest data released by the Turkish Statistical Institute show.…

A total of 8,005 homes were sold in the city of Tehran during the eighth month of the current Iranian year (Oct. 23-Nov. 21), registering a 47.8% rise compared to the previous month and a 9.6%…

Countrywide data on inflation and income inequality show that these two concepts have a non-linear and asymmetric relationship. 

Petrochemical development projects worth $3 billion are underway in the western Ilam Province, managing director of the National Petrochemical Company said. “The ongoing initiatives will help…

Following a decline in temperature, natural gas consumption in the household sector has reached 600 million cubic meters per day, up 20% compared to last month when the figure was 500 mcm/d, the…

The second phase of the development plan at the Abadan Refinery in Khuzestan Province has registered 97% progress and a part of the phase is ready for launch, director of the development plan…

SpaceX has received the permission to start building the next generation of its Starlink internet mega-constellation. On Dec. 1, the US Federal Communications Commission approved the deployment…

An innovative company has designed an online sales network to promote the handicrafts created by people in Iran’s undeveloped areas. Aranick is the first specialized website for selling Iranian…

The National Development Fund of Iran can provide the country’s budget from profits on its investments albeit if the sovereign wealth fund gets the entire oil export revenue and sets its sights…

Interest rates are supposed to be useful financial instruments allowing governments to curb inflation, However, due to its misapplication over the years in Iran it has lost its efficacy as…

The main index of the Tehran Stock Exchange, TEDPIX, gained 348.67 points or 0.02% on Saturday to end at 1,417,719.89 but the TSE equal-weighted index lost 0.02%. About 5.98 billion shares…

Trade reports published in Iran only survey non-oil exports. The country’s oil statistics are not available; therefore, speaking of trade surplus and deficit seems unprofessional. 

The European Union foreign policy chief said he would continue mediative efforts to help conclude an agreement on the revival of the 2015 nuclear deal, known as the Joint Comprehensive Plan of…

President Ebrahim Raisi stressed that his administration is committed to fully implement the Constitution.   “We will spare no effort on this road,” the top official was quoted as saying…

Iran's apparent steel use in the first seven months of the current fiscal year (March 21-Oct. 22) increased significantly compared with last year's corresponding period. Apparent steel use is…

The Producer Price Index in the four-quarter period ending Sept. 22, 2022, which marks the end of the second quarter of the current Iranian year, rose by 39.9% compared with the corresponding…

A total of 15.6 million tons of essential goods were unloaded at Iranian ports during the first eight months of the current Iranian year (March 21-Nov. 21), new data released by the Ministry of…