A domestic company has produced a plasma sterilizer needed for sanitizing medical equipment with higher efficiency. “Plasma sterilizer uses cold plasma technology to sanitize the equipment at a…

Iranian steelmakers have suffered gas supply restrictions in winter in recent years, leading to a decline in output and at times the closure of many small- and medium-scale production lines.

As in previous cost-push price increases, inflation spiked three months ago following the removal of food subsidies, but in the last two months it has moderated. 

“Home appliances, furniture and their maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the Consumer Price Index, registered 35.8%…

A total of 4.92 million tons of foreign goods transited from the Iranian borders during the first four months of the current year (March 21-July 22), registering a 31% rise compared with the…

Executive operations for the development of North and South Yaran fields in Khuzestan Province were launched on Friday with an investment of $400 million. 

Nigeria is keen on expanding energy ties with Iran in a wide range of sectors, including refinery maintenance and construction operations, in addition to transferring knowledge in compressed…

The state-run National Iranian Gas Company has increased export revenues by 64% over the last 12 months, the head of NIGC said. “NIGC received $1.6 billion of its natural gas debt from Iraq and…

Tehran stocks opened trading week Saturday in positive territory with the benchmark Tehran Stock Exchange, TEDPIX, surging more than 0.5%. The market cap-weighted index added 7,671.98 points to…

The Central Insurance company of Iran is to launch two platforms to ease auto accident reporting, in collaboration with the Traffic Police and knowledge-based companies. Majid Behzadpour, the…

The Central Bank of Iran will adopt new measures to further curb the growth of money supply and maintain monetary discipline, the CBI deputy governor said. Asghar Abolhassani told state TV late…

The government allocated $20 billion for imports in the first four months of current fiscal year (March 20- July 22).  This was $6 billion higher than the $14.2 billion given in the first…

A senior Iranian diplomat denounced Israel’s continued refusal to join the nuclear Non-Proliferation Treaty, stressing that establishing a Middle East region free of nuclear weapons is of utmost…

French President Emmanuel Macron said the current draft text on the revival of the 2015 nuclear deal is “useful and better than no agreement” if it is concluded in the terms presented today.…

Domestic flights operated in the fourth month of the current Iranian year (June 22-July 22) were delayed by an average of 98 minutes, data released by Iran Airports Company show. Around 33%…

Tehran’s air quality was moderate on Aug. 25 with an index of 98 at 11 a.m. The air quality measuring devices indicated that the status of air quality index was good at five stations, namely…

Trains will be launched fromn Tehran next week to help transport Iranian pilgrims heading to the Iraqi city of Karbala during Arbaeen commemorations, says the head of the Islamic Republic of…

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 2.45 million tons worth $1.34 billion during the first four months of the current fiscal year (March 21-July…

Operations to supply treated wastewater from Bandar Abbas Wastewater Treatment Plant in Hormozgan Province to industries in the west of the port city have started, the head of the provincial…

Production from Sohrab Oilfield near the Iran-Iraq border in the southern Khuzestan Province will start in the near future, managing director of the National Iranian Oil Company said. “The…

The export of petrochemical products is projected to generate $18 billion in revenues for the National Petrochemical Company by the end of the current fiscal year (March 2023), managing director…

A knowledge-based company is producing equipment needed by power booster stations at a price lower than foreign counterparts. “There is little or no chance of development in a country without a…

Smalls caps and penny stocks were in upbeat mode in the last trading week ending Wednesday outpacing shares of giant commodity stocks for the second straight week.  However, the main index…

Foreign currencies' prices increased on Thursday and Friday in Tehran's open market.  According to Eghtesadnews website, each US dollar was sold at 295,000 rials on Thursday, up 2.03% or 6…

An estimated 189,930 futures contracts worth 11.41 trillion rials ($39.3 million) changed hands at the Iran Mercantile Exchange (IME) in the last calendar month to August 22.  Farm…