The Purchasing Managers' Index for Iran’s economy has declined for the third consecutive month to break below the 50-mark threshold.

The country’s output of semi-finished steel stood at 8.58 million tons in the first quarter of the current fiscal year (March 21-June 21), 6% more than in the corresponding period of last year,…

The number of total vehicles (including heavy, commercial and passenger cars) produced in the five months ending Aug. 22 has increased by 10% compared with the same period of last year, the head…

At least 25% of filling stations across the country are facing serious problems, as they do not have spare parts to repair old fuel nozzles, the head of Gasoline Station Owners Association said…

Karun Petrochemical Company in Khuzestan Province has indigenized another polyurethane product, which is the 19th item localized by the company. The KLM100-C product has been manufactured in…

To supply rural residents of the southern Hormozgan Province with piped water, the construction of three desalination plants with a capacity of 34,000 cubic meters per day is underway, the head…

The Iranian Foreign Ministry decried the imposition of US sanctions on Iran’s Intelligence Ministry, saying the move reveals that Washington is behind the latest scenario of cyberattacks against…

No 2246

With the death of his mother Queen Elizabeth on Thursday, Prince Charles has finally become king of the United Kingdom and 14 other realms, ending a wait of more than 70 years - the longest by…

Grappling with deep recession and liquidity crunch, Tehran’s share market notched another weekly loss in the last trading week.  The main losers were blue chips comprising large caps and…

The Producer Price Index in the four-quarter period ending June 21, 2022, which marks the end of the first quarter of the current Iranian year, grew by 49.7% compared with the corresponding…

Iran’s trade with the US stood at $29.2 million during the first seven months of 2022 (January-July), registering a 27.51% rise compared with the year before. Latest data released by the US…

A domestic knowledge-based company has designed and produced a paperless recorder with a price advantage over foreign counterparts.

A review of the average fees acquiring banks must pay for transactions shows that small payment transactions add to  their costs. Data released by Shaparak, the company in charge of the…

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before.  Bond auctions are held every week to help plug the…

Data released by the Central Bank of Iran show higher growth in assets in the financial system that can be readily changed into cash, compared with growth of less liquid assets. 

Iran’s trade with neighboring countries, excluding crude oil exports, in the first five months of the current Iranian year (March 21-Aug. 22) stood at 33.33 million tons worth $20.63 billion,…

Iran’s Trade Center in Moscow was inaugurated on Wednesday in the presence of Iranian and Russian officials and businesspeople.

The average residential rent across Iran’s urban areas increased by 50.6% in the fifth month of the current fiscal year (July 23-Aug. 22) compared with the corresponding period of last year.…

The Investment and Development Group of the Persian Gulf Petrochemical Industries Company, also known as Petrol, has launched projects worth $600 million to complete the value chain of the…

A 1% increase in crude recovery rate will raise Iran’s oil extraction capacity by 800 million barrels, the former managing director of Central Iranian Oil Fields Company said.

Oil prices rose on Friday, as investors considered Russia's threat to halt oil and gas exports to some buyers, but crude was set for a second straight weekly decline as central banks' aggressive…

The 12th Iran International Renewable Energy and Energy Efficiency Exhibition is scheduled to open on Sept. 12 at the Tehran International Fairground.

Tehran-Beijing relations have seen a “sound momentum of all-round development” under the guidance of the two countries’ heads of state, China’s top diplomat said.  Chinese Foreign Wang Yi…

Industries, Mining and Trade Minister Reza Fatemi-Amin clarified ambiguities related to car import rules and regulations in a press conference on Sept. 5. “From the very outset, we announced…