The benchmark of Tehran Stock Exchange, TEDPIX, lost 1,840.43 points or 0.13% on Wednesday to end trading week at 1,439,376. A total of 5.27 billion shares valued at 43.06 trillion rials ($148.…

New regulations for cryptocurrency mining was approved by the government on Sunday. The Ministry of Industry, Mine and Trade now has permission to resume issuing licenses for cryptomining, the…

In a fresh warning to banks and credit institutions, the Central Bank of Iran said they must not pay interest on deposits over and above those set by the regulator. 

The government sold 23 trillion rials ($79.3 million) bonds in the latest auction held weekly to raise funds for its budget deficits.   Banks, non-bank credit institutions, investment…

State and government owned companies produce losses estimated at 710 trillion rials ($2.4 billion) a year, chief of Auditing Organization of Iran said.  Speaking to reporters on Wednesday…

More than 60% of respondents to a recent survey reacted negatively to the recent subsidy reform implemented by the government, mostly because following its implementation, the prices of items…

The two-year ban on importing car filters has been lifted, secretary of Iran’s Filter Manufacturers and Exporters Association announced. Ali Soleimani also told Donyaye Khodro that filters can…

The private sector has been allowed to place orders for wheat imports as of Aug. 23 after a gap of seven years, according to the head of the Agriculture and Food Processing Commission of Tehran…

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows three provinces registered year-on-year inflation rates of above 60% in the fifth month of the current Iranian…

Iran reopened all its borders with Iraq on Wednesday, a day after they were closed due to the security situation arising from Iraqi Shia cleric Muqtada Al-Sadr’s announcement to quit political…

Iran's gasoline and diesel storage capacity has reached 13 billion liters, the head of the National Iranian Oil Products Distribution Company, a subsidiary of the National Iranian Oil Company,…

Twelve propane dehydrogenation (PDH) plants are in different stages of construction and when they become operational, Iran will turn into a major producer of polypropylene, managing director of…

More than 8,000 illegal water wells have been filled and sealed in Isfahan Province in the past 17 years, managing director of the provincial Regional Water Company said. “During this period, 4…

There would be no “reimplementation” of the 2015 nuclear deal if Iran’s alleged safeguards case at the International Atomic Energy Agency is not closed before that day, Iran’s top nuclear chief…

A domestic knowledge-based company has produced a simultaneous breaker that had been mainly produced by US companies until now. The most important use of a simultaneous breaker is in reducing…

The benchmark of Tehran Stock Exchange, TEDPIX, shed 3,922.11 points or 0.27% on Tuesday to end trade at 1,441,217.10. Unlike the market cap-weighted TEDPIX, the TSE’s equal-weighted index…

The Central Insurance company of Iran (CII), the regulatory body of the industry, has agreed to revise the operative mechanism of a controversial gateway to make it compatible with startup…

After publishing the names of 20 state-owned companies for divestment, the Iranian Privatization Organization concurred that these companies face countless challenges in the divestment process…

Private companies in increasingly numbers are approaching the debt market for funds, managing director of the Capital Market Asset Management Company.  Mohammad Hossein Sadraee said the…

Iran’s mineral and mining industries’ exports to Iraq hit 21.98 million tons worth $2.59 billion in the first four months of the current fiscal year (March 21-July 22), according to a new report…

The Consumer Price Index of “health and medical treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating inflation, stood at 389.5 in the…

A look at Iran’s economic history shows command pricing has been the mother of all the evils of the economy over the past half century. Here, evil does not imply financial corruption alone; it…

Around half of Iran’s 950 locomotives are out of order and, according to Minister of Roads and Urban Development Rostam Qasemi, there is a severe shortage of rail freight fleet.

Iran and Oman traded $647 million worth of goods during the first four months of the current Iranian year (March 21-July 22) to register an 83% year-on-year growth, according to the head of Iran…

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold two business courses in September. The first…