The construction of steam unit at the Sahand combined-cycle power station in East Azarbaijan Province has registered a work-in-progress rate of 45% and is expected to be linked with the national…

Demand for gasoline declined by 20% in the past 30 days after summer holiday trips ended, the head of Iran Gas Station Owners Union said. “Consumption, which had soared [between July and…

A domestic knowledge-based company has produced an antibacterial masterbatch for use in various industries. Iranian companies active in the fields of advanced materials, nanomaterials and the…

Russia will lose the energy battle it is waging against the West, according to Fatih Birol, the executive director of the International Energy Agency.

"Just before the invasion [of…

To assess the performance of a government, it is necessary to refer to statistics published by official institutions.  Of all economic statistics, government spending, financing methods…

Close to 300 exchange bureaus have started publishing their buy/sell and supply/demand data live on the regulated market website, the governor of the Central Bank of Iran said.

A comprehensive package designed to support the stuttering stock market came into effect on Saturday.

Tehran stocks posted meager growth on the first day of the week on Saturday after huge losses last week.  The main index of Tehran Stock Exchange, TEDPIX, hardly gained 3,560.62 points or…

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Kohgilouyeh-Boyerahmad registered the highest average annual inflation with 48.2% while Khuzestan posted the…

A large number of people took part in a funeral procession for the victims of a terrorist attack on the holy shrine of Shah Cheragh in the southern city of Shiraz. Senior officials and military…

Real-estate developers and private sector players have to spend six months to a year to secure a construction permit, Farshid Pourhajat, secretary of Mass Builders Association, said in a write-…

Russia has invited Azerbaijan and Iran to create a logistical operator for the western route of the International North-South Transportation Corridor, Russian First Deputy Prime Minister Andrei…

Iran’s foreign trade (excluding crude oil exports) reached 81.03 million tons worth $60.13 billion during the current fiscal year’s first seven months (March 21-Oct. 22), registering a 17.6%…

Global energy giants, including Exxon Mobil Corp and Chevron Corp, posted another round of huge quarterly profits, benefiting from surging natural gas and fuel prices that have boosted inflation…

Allowing petrochemical plants to produce gasoline is the worst strategy to overcome the deficit caused by growing consumption, said former managing director of the National Iranian Oil…

Iran exported more than 7 billion cubic meters of gas to Turkey in the past nine months. According to a report by Eurostat, the EU news commission, Iran’s natural gas exports to Turkey in the…

To prevent industrial townships and households from the adverse impact of voltage fluctuations in Khuzestan Province, power projects worth $250 million have been launched, the head of Iran Power…

The production of all types of vehicles (heavy, commercial and passenger) registered growth in the first seven months of the current fiscal year (March 21-Oct. 22), according to the head of Iran…

Tehran’s share market was hit by the biggest weekly loss since the beginning of the year in March as the bruising sell-off dragged on. Tehran Stock Exchange main index, TEDPIX, lost nearly 69,…

A total of $235 million worth of goods were exported from Aras Free Trade Zone during the first half of the current Iranian year (March 21-Sept. 22), according to its CEO.

Iran’s trade with its leading trade partner, China, reached $12.31 billion during the first nine months of 2022, registering an 18% rise compared with the corresponding period of the year before…

A domestic knowledge-based company has designed specialized software and hardware for efficiently reading water, electricity and gas meters, and reducing the time and manpower required…

The Central Bank of Iran said broad money and the monetary base continued to descend in the calendar month to Sep 22.  Broad money stood at 55,949.3 trillion rials ($170.47 billion) in the…

Forex trade at negotiated rates amounted to $700 million since June when the Central Bank of Iran allowed moneychangers to purchase currency from exporters at “agreed prices”. Mehdi Hadinejad,…

Iranian steel mills produced a total of 22.2 million tons of crude steel during from the beginning of this year to the end of September, registering a 9.8% rise compared with the corresponding…