More than 2,300 billion cubic meters of natural gas have been processed in the refineries of the South Pars Gas Field since it became operational in 1998, managing director of South Pars Gas…

The National Iranian Oil Company will draw up contracts worth $500 million with knowledge-based firms to revive abandoned oil and gas wells, the oil minister said.

The Online Sketch Plan to reduce fake accidents, which was piloted in Qom Province a year ago, will be implemented nationwide. Although officials are troubleshooting the plan, they claim that…

France is pulling out of a 1994 treaty that had the effect of protecting investment in fossil fuels as Europe retools toward a greener future, French President Emmanuel Macron said. “France has…

Ava Pars Reinsurance Company (Ava Pars Re) was officially launched as Iran’s sixth reinsurance company. The Central Insurance company of Iran (CII), the industry regulator, issued the operation…

Tehran Stock Exchange's main index TEDPIX lost 12,162.86 points or 0.93% on Sunday to end at 1,296,797.77. About 5.24 billion shares worth 28.28 trillion rials ($97.5 million) changed hands at…

Economy Minister Ehsan Khandouzi has openly criticized banks for their inefficient approach towards financing the key production sector and called for redefining the role of the banking system…

Chabahar Port in the southern waters of Sistan-Baluchestan Province handled 1.78 million tons of goods during the first half of the current Iranian year (March 21-Sept. 22), registering a 29%…

An estimated 10.61 million tons of goods were traded in the spot market of Iran Mercantile Exchange (IME) in the last calendar month to Oct 22. Compared to the month before, the deals increased…

A domestic knowledge-based company has produced a range of efficient software for industries and companies to help modernize their traditional procedures and operations. Referring to the…

Iran’s trade with Shanghai Cooperation Organization’s member states, excluding crude oil exports, reached 24.51 million tons worth $19.66 billion during the first six months of the current…

To improve water supply to rural areas, construction work has begun to build a desalination facility in Torgan District on Qeshm Island, Hormozgan Province, the head of the provincial Water and…

Economy Minister Ehsan Khandouzi on Saturday broke ground for a photovoltaic cell and panel manufacturing plant in Mahan County, Kerman Province. The initiative will be completed by the private…

All the urban and rural areas of Kermanshah Province will be connected to the national gas network by the end of the next Iranian year (March 2024), the head of the provincial gas company said…

A senior official with the Health Ministry pointed to the decline in wearing facemasks across the country and urged the public to cover their faces to fight the spread of Covid-19 and influenza…

China said it opposes Europe’s “illegal unilateral” sanctions on Iran over alleged supply of drones for Russia to use in its war on Ukraine.  Those sanctions have been imposed without the…

After the Ministry of Industries, Mining and Trade said it is “impossible” to specify a date for car imports, experts are wondering whether the ministry is serious about the issue.

The Central Bank of Iran says it will continue to control rates in the interbank market in line with the government’s declared policy to support the capital market. Interbank rates are under…

Tehran Stock Exchange's main index, TEDPIX, lost 1,205.35 points or 0.09% on Saturday to end at 1,308,959.98. About 4.11 billion shares worth 35.35 trillion rials ($121.9 million) changed hands…

The Central Insurance company of Iran (CII), the regulator of the industry, plans to introduce Islamic insurance solutions, known as takaful.

Iran will remain on the Financial Action Task Force, the global anti-money laundering watchdog, blacklist until the full Action Plan has been completed.  "If Iran ratifies the Palermo and…

A total of 1,750 tons of raw silk cocoons were produced in Iran in spring and autumn, which marks a 14-year record high, according to the head of Iran Sericulture Expansion Center, affiliated…

A total of 14,841 tons of pistachio worth $108 million were exported from Iran during the first five months of the current Iranian year (March 21-Aug. 22), to register a 75% decline in terms of…

Tehran Chamber of Commerce, industries, Mines and Agriculture, in cooperation with other chambers of commerce across the country and joint chambers with Eurasian states, is organizing the Third…

Tehran is hosting two international exhibitions in the fields of textile and apparel production, which opened on Oct. 21 and will run through Oct. 24. The most prominent event is the 28th…