Marjan Petrochemical Company has achieved the knowhow of designing and manufacturing burners of furnaces for methanol production. The initiative seeks to reduce the emission of polluting gases…

Converting 213,000 gasoline-powered public transportation and commercial vehicles into compressed natural gas hybrids has helped save 370 million liters of gasoline over the last two years, the…

President Ebrahim Raisi is scheduled to head for Uzbekistan on Wednesday at the head of a delegation to participate in the summit of the Shanghai Cooperation Organization and hold talks on…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei declared the general policies of the 7th five-year development plan to the heads of three branches of power, chairman of the…

Tehran expects a constructive approach by the International Atomic Energy Agency and members of its Board of Governors, a senior Iranian diplomat said, as the agency’s board convened on Monday…

The turnover of agricultural products between Russia and Iran in 2022 may grow by 10-15% compared to the previous year, Russian agricultural watchdog Rosselkhoznadzor quoted the head of the…

Tehran stocks plunged deeper on Sunday after big losses a session before. The main index of Tehran Stock Exchange, TEDPIX, lost 6,702.10 points or 0.48% to end at 1,390,732.44. It lost 1.1% and…

While the Central Bank of Iran plans to pilot its long-awaited central bank digital currency (CBDC) project, the Crypto-Rial, by November, experts has expressed strong reservations about the…

The Central Bank of Iran has announced new guidelines for borrowing from the interbank market using collateral.  As per the instructions posted on the CBI website, lending to banks or…

Data released by the Central Bank of Iran show term deposits increased at a much slower pace than sight deposits, another sign that savers are less inclined to park their money for longer…

High and volatile inflation in Iran has been an endemic economic and social issue that has contributed to rising poverty and social tensions. 

The recent statement issued by France, Germany and Britain is “unconstructive” and contradicts expected good faith on their part with regard to negotiations on the revival of the 2015 nuclear…

The Statistical Center of Iran has published a new report on home and land prices, as well as rent levels in Tehran’s urban areas, during the fourth quarter of last fiscal year (Dec. 22, 2021-…

SpaceX on Friday challenged the US Federal Communications Commission's (FCC) decision to deny the space company's satellite internet unit $885.5 million in rural broadband subsidies, calling the…

Some cellphone buyers could not register their devices via the system named Hamta, which caused problems for both buyers and sellers.  Recently, Hamta notifications faced wide-scale…

The project to transfer water from the Persian Gulf to Fars Province, especially to Lamerd County, is underway, managing director of Lamerd Special Economic Zone said. “With an investment of $…

A development project to replace depleting municipal water with treated wastewater in Tehran Oil Refining Company has made 53% progress, the head of the refining company said.

Lack of access to cutting-edge technology in household and industrial sectors, and the absence of cultural awareness regarding energy optimization have placed Iran among the most energy…

Heads of state from the Shanghai Cooperation Organization will sign a memorandum on Iran’s commitments in light of the Islamic Republic’s entry to the organization in the upcoming summit in…

Tehran stocks opened trading week Saturday under fresh selloff pressure that swept through almost all categories.  The benchmark of Tehran Stock Exchange, TEDPIX, dropped below the…

The Central Bank of Iran announced new rules on Sunday based on which banks and credit institutions are required to provide borrowers with access to lending contracts and changes thereto via…

Iran’s all six border crossings with Iraq have been closed to Arbaeen pilgrims, causing problems on the Iranian side of the borders.  Iranian officials have asked passengers to avoid land…

Officials from the Export Guarantee Fund of Iran (EGFI) and the Russian Export Center signed a deal to facilitate trade exchange. 

Municipalities in the big cities sold “participatory bonds” worth 100 trillion rials ($333 million) in the first four months of current fiscal year that started in March.  The sale was up…

A total of €78.6 million worth of pistachio were exported from Iran to the European Union member states during the first half of 2022. Data released by Eurostat's database show the volume of…