The Security and Exchange Organization (SEO) has notified listed companies and capital market institutions to publicly disclose background verifications of their senior managers. Majid Eshqi,…

State-owned Bank Sepah has sold 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market.  The move comes after the Central Bank of Iran called…

Trade between Iran and African countries reached 1.89 million tons worth $992.77 million during the first seven months of the current Iranian year (March 21-Oct. 22). South Africa with 462,590…

Following India’s External Affairs Minister S. Jaishankar's visit to Moscow in November, Russia and Iran have agreed to allow the passage of 12 million tons of Russian goods via Tehran.

A total of 4.79 million tons of semi-finished steel products were exported from Iran during the first seven months of the current fiscal year (March 21-Oct. 22), to register a 18% year-on-year…

The government’s administrative and economic problems have increased the monetary base, statistics released by the Central Bank of Iran show.  Borrowings from the central bank and banking…

A project to transfer water from the Oman Sea in southern Iran to tackle the water crisis in parched Sistan-Baluchestan, South Khorasan and Khorasan Razavi provinces has registered a work-in-…

The construction of Sohrevardi Safahan Petro-Refining Company, a subsidiary of Isfahan Oil Refinery, has started in Isfahan and is expected to be completed in four years, managing director of…

Arvand Petrochemical Company in Mahshahr, Khuzestan Province, plans to indigenize all the required catalysts and chemicals with the help of domestic knowledge-based companies. The company has…

A knowledge-based company has developed an iris recognition system that helps identify people and register office attendance, according to a member of the Board of Directors of Artificial…

Iran’s first saffron bulb gene bank was inaugurated in Khorasan Razavi’s Torbat-e Heydariyeh County.  “The bank has collected saffron bulbs from 57 different regions of the country,” the…

Why is there a shortage of medicine and why are the available medicines so expensive? Why is each egg priced at 40,000 rials? Why is the exchange rate of the US dollar above 360,000 rials? Why…

Iran Khodro Company (IKCO) has produced more than 400,000 passenger, heavy and semi-heavy vehicles in the current fiscal year’s first eight months (March 21-Nov. 21).

One thousand plus sedans (Tara and Peugeot 207s) manufactured by Iran Khodro Company (IKCO) were offered at the Iran Mercantile Exchange (IME) on Monday. Some 500 cars were Tara in three colors…

Foreign debt was $6.90 billion by the end of the sixth calendar month to September 22, the Central Bank of Iran said Monday -- almost 20% lower on the last fiscal year that ended in March.…

Since the beginning of the calendar year in late March banks gave 1,189 trillion rials ($3.65 billion) loans to 1.3 low-income applicants largely for youth marriage and childbirth, and to those…

Tehran Stock Exchange's main index, TEDPIX, gained 2,145.87 points or 0.15% on Monday to end at 1,408,348.52. The TSE equal-weighted index gained 0.25%. About 65.58 billion shares worth 146.36…

Iran’s foreign trade, excluding crude oil exports, reached 93.8 million tons worth $69.48 billion in the current Iranian year’s first eight months (March 21-Nov. 21) to register a 10% rise in…

Real-estate market is in the grip of recession these days, as builders are not interested in starting new projects given the back-to-back rise in the prices of construction materials, wages,…

The Thermal Power Plants Holding Company plans to build seven medium-scale power stations in five provinces to help sustain the supply of electricity in the remote regions of Iran, director of…

To underpin the sustainable supply of feedstock to petrochemical plants in Ilam Province, the delayed Dehloran natural gas liquid (NGL 3100) project has entered the pilot phase and the facility…

Iran Power Generation, Distribution and Transmission Company (Tavanir) plans to replace 34,000 kilometers of copper cables in the electricity distribution network with aerial bundled conductors…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei stressed the need for the Iranian Navy to bolster and maintain its presence in international waters. A number of commanders and…

Iran will not cooperate with the “politicized fact-finding mission” that the United Nations Human Rights Council has agreed to create with the aim of probing the Islamic Republic’s alleged…

The Ministry of Industry, Mining and Trade is set to propose a new notion for selling government shares in two major auto companies, namely Iran Khodro Co. (IKCO) and SAIPA, the Economy Minister…