Iranian steel mills produced 2 million tons of crude steel in July to register a 34.1% year-on-year rise, according to the World Steel Association. The World Steel Association is one of the…

“Transportation”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation, registered an annualized inflation rate of 35.4% in the…

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, stood at 27.24 million tons worth $17.19 billion during the first four months of the…

The drying system of Noshahr waste-to-energy power plant in Mazandaran Province has been launched to reduce moisture in wet waste and prepare it for electricity generation.

Major industries, including automakers, steel complexes, cement factories and petrochemical plants, will become totally independent of the Power Generation, Distribution and Transmission Company…

The National Iranian Drilling Company has drilled 124 onshore and offshore oil and gas wells over the last 12 months, the company’s managing director for drilling affairs said. “Of the wells…

The Health Ministry’s weekly report showed a sharp drop in the number of cities color-coded as red, or extremely high-risk Covid zones, from last week’s 64 to only eight as the seventh wave of…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei highlighted the inspiration coming from Prophet Muhammad’s (PBUH) Household as the key to the resilience of the Islamic Republic of…

The deepening energy crisis is hitting British households harder than their peers in other Western European states, UK media reported, citing analysis by the International Monetary Fund (IMF).…

The Tehran Stock Exchange’s main index TEDPIX lost 3,000 points or 0.21% during the week to Sept. 2 to close at 1,439,396.42. Trading in Iran’s stock markets starts on Saturday and ends…

The Central Bank of Iran is stepping up efforts to promote funding for economic enterprises through non-inflationary methods, the CBI governor said.  Speaking on state TV late on Thursday…

Head of the Tehran Chamber of Chamber of Commerce, Industries, Mines and Agriculture said the banking bill now being debated in the Majlis is a matter of concern for private companies. 

A total of 5.8 million tons of citrus fruit are expected to be produced in the current Iranian year (March 2022-23) to register a 5.45% rise compared with last year, according to a deputy…

Iran traded 157,935 tons of non-oil goods worth $136.95 million with Latin American countries in the first four months of the current fiscal year (March 21-July 22), latest data released by the…

The annualized inflation of residential buildings in Tehran, the capital city, stood at 28.4% in the fifth month of the current fiscal year (July 23-Aug. 22), according to a new report released…

Exports from Jolfa customs terminal, located in East Azarbaijan Province, stood at 119,000 tons worth $66 million during the first five months of the current fiscal year (March 21-Aug. 22),…

The Consumer Price Index of “food and beverages” stood at 790.9 in the fifth month of the current Iranian year (July 23-Aug. 22) to register a staggering 81.2% year-on-year rise, new data…

A knowledge-based company has designed an anesthesia machine with a price advantage over foreign counterparts. The anesthesia machine monitors the patient's breathing during surgery and ensures…

President Ebrahim Raeisi inaugurated a long-awaited water supply project in the drought-stricken Khuzestan Province on Friday, director of the provincial water and electricity organization said…

Iranian companies will export $2.5 billion worth of compressed natural gas technical and engineering services to Nigeria in the near future, a member of the CNG Trade Union of Iran said.

Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's Covid-19 curbs and weak global growth continued to limit gains and a…

Iranian President Ebrahim Raisi congratulated Uzbekistan on the occasion of the Central Asian country’s Independence Day, hoping for expansion of relations between Tehran and Tashkent.

Iran highlighted its “constructive approach” to conclude talks on the revival of the 2015 nuclear deal in its latest views sent to the European Union coordinator on Thursday.  “The sent…

Iran and Russia’s special envoys weighed plans to ensure sustainable peace and fight against terrorism in Afghanistan. The Iranian president’s special envoy for Afghanistan, Hassan Kazemi Qomi…

Trade turnover between Russia and Iran in January-July amounted to $2.7 billion, the Russian Foreign Ministry said in a statement.