“Clothing and shoes”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate of 47.…

Plans are underway to equip all the water wells in Ilam Province with smart meters, Ilam’s governor said. “There are more than 2,000 wells in the province. Of these, 40 wells are located in the…

Close to 1,000 megawatts of new electricity generation capacity were added to the national grid, as President Ebrahim Raisi inaugurated six steam and gas units in five power stations across the…

The National Iranian Drilling Company has drilled 57 oil and gas wells in the onshore and offshore oil-rich regions of the country in the current Iranian year’s first seven months (March 21-Oct…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei called for collective action to counter moves that disrespect people’s security and sanctities following a terrorist attack at a…

Tehran Stock Exchange recorded the second worst performance day on Wednesday since the beginning of the current fiscal year in March. The TSE main index TEDPIX lost 25,993.75 points or 2.05% to…

Trade between Iran and the Economic Cooperation Organization’s member states exceeded 10.67 million tons worth $8.19 billion during the current fiscal year’s first six months (March 21-Sept.

“Hotels and restaurants”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered 71.1% in average annualized inflation…

Iran announced reciprocal sanctions on institutions and individuals in the European Union due to their measures in support of terrorism and terrorist groups.

The Islamic Republic would not make any compromises on its red lines and the interests of the Iranian nation in talks on the revival of the 2015 nuclear deal, Iran’s top diplomat said,…

The government’s bond offer got another cold shoulder this week as the main buyers (banks and institutional investors in the stock market) stayed away. Debt worth 7.83 trillion rials ($23.8…

Forex rates both in the regulated and the free market have seen little fluctuation in the recent past and should stabilize with improved arrangement the governor of the Central Bank of Iran said…

The National Development Fund of Iran has collected $5.5 billion from the $7 billion unpaid by borrowers, the director of the sovereign wealth fund said. “This was after protracted negotiations…

Iran and Pakistan will soon start free trade, said Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei in his meeting with President of Federation of…

A total of 17,325 tons of shrimp were exported from Iran to China during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 360% rise compared with the…

Non-oil exports from Iran's Golestan Province hit 200,000 tons worth $121.09 million in the first seven months of the current Iranian year (March 21-Oct. 22), registering a 14% decline in weight…

Statistics show the absolute poverty line for a four-member Iranian family stands at 63.57 million rials ($194) per month in the current fiscal year (March 2022-23). 

Oil prices eased on Wednesday after industry data showed US crude stockpiles rose more than expected, but losses were capped by supply worries.  Brent crude futures for December fell 72…

As long as Iran does not establish good relations with the international community, increasing natural gas export capacity will remain a dream, a former deputy oil minister for international and…

The government’s Economic Council has approved $120 million worth of investment in the second phase of Ilam Gas Refinery, which should be financed by the National Iranian Gas Company. The…

Ten electricity projects with an investment of $33.3 million are underway in Gilan Province, managing director of Gilan Regional Power Company said. “The projects are expected to be completed…

Given the public dissatisfaction with the quality of domestic cars, an automotive expert has outlined two strategies in case international sanctions are removed or stay put.

No 2280

Last week, a meeting between the deputy chairman of the government of Dagestan and the minister of industry and trade of Dagestan, on the one hand, and the chairman of the Union of Iranian…

Amirabad Port in the northern Mazandaran Province handled 1.56 million tons of goods during the first half of the current Iranian year (March 21-Sept. 22), registering a 4% rise in throughput…