The Expediency Council has approved changes in the articles of association of the National Development Fund of Iran, the sovereign wealth fund.  The council is a top state body responsible…

Iran traded 27.03 million tons of goods worth $16.87 billion, excluding crude oil exports, with its 15 neighboring countries during the first four months of the current Iranian year (March 21-…

Isfahan Airport has launched return flights to Tbilisi, according to a local official. “Pars Air is operating the new flights. These chartered flights are scheduled for Fridays and Mondays,”…

Iraq, Afghanistan, Pakistan, Turkmenistan, Uzbekistan and Azerbaijan are the main destinations of Iran’s  home appliance exports, says the head of Household Appliances Spare Parts…

The average Producer Price Index for the mining sector in the four-quarter period ending June 21, which marks the end of the first quarter of the current fiscal year, increased by 62.1% compared…

The Statistical Center of Iran has released a new report on the income and expenditures of Iran households, both in urban and rural areas, during the last fiscal year (March 2021-22). …

“Chabahar Day” conference was held in Mumbai, India two weeks ago; the Indian Minister of Ports, Shipping and Waterways [Shri Sujeet Kumar], who is due to visit Iran soon, announced that India…

Kharg Natural Gas Liquid (NGL) project on Kharg Island in the Persian Gulf awaits funding to help curb gas flaring by nearly 8.5 million cubic meters a day at the Kharg and Bahregan fields,…

Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell 73 cents, or 0.8%, to $94.37 a barrel. WTI crude…

The National Iranian Oil Company will need to import gasoline from next March if efficient alternative plans like CNG conversion plans fail to move forward, secretary-general of the Association…

Construction of a gas condensate demercaptanization (DMC) unit at the South Pars 2nd Refinery (belonging to phases 2 and 3) is near completion and when inaugurated next March will process 80,000…

The European Union is studying Iran’s response to its proposed text on the revival of the 2015 nuclear deal which was received late on Monday, according to a European official. 

The Labour Party has unveiled plans to keep the energy price cap at current levels by increasing taxes on oil and gas firms that have made sizable profits in recent months.

Party…

China has emerged as the world’s largest carmaker thanks to clearly defined strategies and goals, access to high-tech, deserving incentives, admirable management, informed decisions and the…

The benchmark of Tehran Stock Exchange, TEDPIX, closed Monday near the flatline after it pared early losses.  In a shift in the middle of the session, the market cap-weighted benchmark…

The Vice Presidency for Science and Technology is preparing to launch a ‘National Financial Lab’ in collaboration with Tehran University and Allameh Tabatabaei University to underpin fintech…

The Trade Promotion Organization of Iran is temporarily easing forex repatriation for traders exporting to Qatar, the TPO chief said.  “It has been decided to let companies selling to…

Iran Mercantile Exchange listed eight more cars manufactured by six automakers putting the number of cars traded at the bourse to fifteen.  The Securities and Exchange News Agency said the…

Smuggling of three groups of goods, namely car spare parts, home appliances and cigarettes, into Iran is worth $7 billion per year, according to deputy industries minister, Mohammad Mehdi…

Iran and the Eurasian Economic Union member states traded more than 1.4 million tons of goods worth $697 million during the first quarter of the current Iranian year (March 21-June 21), data…

A total of $30 million worth of goods were exported from East Azarbaijan Province to Armenia during the first three months of the current Iranian year (March 21-June 21), registering a 5.6% rise…

The Producer Price Index for the industrial sector in the four-quarter period ending June 21, which marks the end of the first quarter of the current fiscal year, grew by 48% compared with the…

The flood of liquidity has inundated the housing market, drowning the citizens. Yet, policymakers failed to heed warnings on the growth, at breakneck speed, of money supply over years. This was…

The Islamic Republic of Iran Shipping Lines has transported 3,000 tons of goods and 114 TEUs of containers along the International North-South Transportation Corridor (INSTC) from May 22 to July…

Iran Chamber of Commerce, Industries, Mines and Agriculture is hosting en event titled "Architecture in the Metaverse” today in cooperation with Iran-Finland Joint Chamber of Commerce and…