The World Bank reduced the economic growth forecast of Iran in 2022 from 3.3% to 2.9% in its latest report. It has also predicted that the country’s economic growth in the next two years will…

A domestic knowledge-based company has produced an electric motor control device that can be used to troubleshoot power lines and motors, which helps reduce energy wastage and costs.

Tehran Stock Exchange’s main index, TEDPIX, gained 9,662.05 points or 0.74% on Tuesday to end trade at 1,313,582.38. About 4.96 billion shares worth 28.02 trillion rials changed hands at TSE for…

Integration of Iranian and Russian bank card networks is expected to be completed early next year, the Minister of Economy Ehsan Khandouzi said in Tehran on Monday. “The two sides have reached…

Iran Fara Bourse (IFB) on Tuesday officially introduced the first real estate investment trust (REIT) to help the struggling housing sector. According to Aref Aligholipour, the head of IFB…

The Tehran Stock Exchange is planning to offer put options  for stocks of 15 large cap companies to support shareholders and reassure them that such stocks are safe. TSE’s Capital Market…

Iran’s maize demand stands at 9 million tons per year while local production amounts to 1.2 million tons, according to the manager of Export Department of Iranian Company for Maize Development.…

Iran’s trade with the US stood at $33 million during the first eight months of 2022, registering a 28.4% rise compared with the year before. Latest data released by the US Census Bureau show…

A total of 7.03 million tons of foreign goods were transited from Iran during the first half of the current Iranian year (March 21-Sept. 22), registering a 22% rise compared with the similar…

“Leisure and culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation, registered 31% in annualized inflation in the sixth month…

The Statistical Center of Iran has put the country’s labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking…

Tehran Province Water and Wastewater Company (Abfa) will cut water supply to high-consuming subscribers as of Oct. 12, the deputy head of Public Relations Office at the provincial company said…

Two steam units of Tarasht Power Plant in Tehran have been decommissioned and it is likely that by the end of the current Iranian year (March 2023), the aging power station will be completely…

The decision by the Organization of Petroleum Exporting Countries and allies last week to cut oil production has spurred a flurry of activity in the options market, with more US bettors opting…

The implementation of the petro-olefin project of Fanavaran Petrochemical Company in Khuzestan Province has started, managing director of the company said.

Iran reserves its legitimate and inherent right in accordance with international law and the United Nations Charter to respond to any terrorist threat or attack at any time it deems appropriate…

“Housing and Utilities (water, electricity, natural gas and other fuels)”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, registered…

A dynamic decision-making system has a reasonable logic behind its decisions and advances its policies based on that logic.

The US Federal Reserve Chairman Jerome Powell is likely to resist behind-the-scenes pressure at international meetings this week to let up on steep US interest-rate hikes that are putting…

Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 8.9% in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 0.7%…

Redefining the role of specialized banks is a crucial need given the country’s current economic and financial conditions, the manager of public relations and customer affairs of the Bank of…

The Tehran Stock Exchange main index, TEDPIX, lost 1,162.83 points or 0.09% on Monday to end trade at 1,303,920.39. About 4.26 billion shares worth 23.8 trillion rials ($82.08 million) changed…

Iran Khodro Industrial Group’s (IKCO) passenger vehicle production reached 301,700 from March 21 to Oct. 4 and set a record, as it was 100,000 units higher than that of the corresponding period…

Electronic payments processed by Iran’s domestic payment network Shaparak grew 14.8% in the first half of the current fiscal year (started March), compared to the same period last year. 

Iran traded $190 million worth of mining and mineral products with member states of the Eurasian Economic Union in the fiscal 2021-22 (ended March 20), according to the Iranian Mines and Mining…