There are seven waste-to-energy power plants in Iran with a capacity of 14 megawatts, most of which are either closed or working at half capacity due to technical, economic or legal hurdles,…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the successful defense put up by the nation during the imposed war in the 1980s proved that safeguarding the country can be…

Iranian President Ebrahim Raisi and his French counterpart Emmanuel Macron held a meeting on the sidelines of the 77th session of the United Nations General Assembly in New York. The Elysee…

EU foreign policy chief Josep Borrell tamped down expectations of a breakthrough on the Iran nuclear deal at the United Nations General Assembly this week, saying he does not believe a meeting…

Iran’s import of mining machinery is minimal compared to the global average. A total of $34.5 million of mining machinery were imported to Iran during the first four months of the current…

MINEX 2022, the 11th International Investment Opportunities in Iran’s Mine and Mining Industries Exhibition and Conference opened in Tehran on Sept. 20. Representatives from 25 countries,…

A knowledge-based company has produced a highly enriched protein concentrate to improve the quality and volume of honey produced in apiaries. Protein concentrate enhances the productivity of…

The recent order by the Central Bank of Iran to separate business and personal bank accounts should ease pressure on the official financial and economic sectors and put the onus on the…

The Tehran Stock Exchange main index TEDPIX lost 6,760.57 points or 0.49% on Tuesday to end trade at 1,367,060.37. About 4.66 billion shares valued at 29.18 trillion rials ($100.64 million)…

The Central Bank of Iran is to announce XBRL (eXtensible Business Reporting Language) standards for financial reporting by banks. According to the CBI governor Ali Salehabadi, this standard…

Annual growth of money creation by banks fell 57% in the first five months (March 21-August 22) of the current fiscal year, the Economy Ministry reported.   The ministry said the decline…

A total of 1.7 million tons of wheat have been imported by Iran since the beginning of the current Iranian year on March 21, registering a 113% rise compared with the similar period of last year…

Iran traded 9.1 million tons of goods (excluding crude oil exports) worth $6.89 billion with member states of the Economic Cooperation Organization during the first five months of the current…

The Rey Power Plant in southern Tehran has increased its electricity generation capacity by 5% during summer, the managing director of the plant said.

Domestically-manufactured electric submersible pumps in Petro Faraz Avar Sahel Tadbir Company will help raise crude output in Iran’s 22 oilfields by at least 700,000 barrels per day.

The National Iranian Drilling Company plans to strengthen its presence in the Persian Gulf waters in the near future by renovating three offshore drilling rigs, managing director of the National…

Iranian and Qatari foreign ministers talked about the latest developments in the course of Vienna talks on the revival of the 2015 nuclear deal and explored avenues for expansion of relations…

Pakistan will "absolutely not" default on debt obligations despite catastrophic floods, the finance minister said, signaling there would be no major deviation from reforms designed to stabilize…

The government’s five prioritized rail projects, namely Khash-Zahedan, Bostanabad-Tabriz, Mianeh-Ardabil, Hamedan-Sanandaj and Rasht-Caspian, have made an average progress of 75% and all are…

Following the success of the Third Five-Year Development Plan in achieving a 5.7% economic growth, an 8% economic growth was envisioned in the Fourth Plan for the first time. The plan also set…

Iran and the European Union’s 27 member states traded €2.99 billion worth of goods in the first seven months of 2022, registering a 15.43% rise compared with last year's corresponding period.

The world’s biggest contract for saffron trade was signed between Iran and Qatar on Sept 18, in the presence of Iran’s Ambassador in Doha Hamidreza Dehqani-Poudeh and Qatar’s Finance Minister…

With passengers on board, the engine of Aseman Airlines’ Fokker 100 caught fire before it could fly from Tehran to Bushehr on Monday morning.  The flight reportedly suffered a technical…

The tax-exempt status of some institutions should be canceled, sanctions must be lifted, the business environment ought to be improved and most importantly, decent cultural, recreational and…

The Tehran Stock Exchange main index TEDPIX lost 4,096.55 points or 0.3% on Monday to end at 1,373,821.43. About 4.97 billion shares worth 39.57 trillion rials ($136.47 million) changed hands…