A knowledge-based company has developed a vapor recovery unit for fuel reservoirs and gas stations, which costs a quarter of foreign models. A VRU is an engineered compression package, which…

Chinese President Xi Jinping said Beijing views its relations with Iran from a strategic perspective and stands ready to work with Tehran to push for new progress in the China-Iran comprehensive…

The rise in interbank rates paused after climbing for 14 consecutive weeks and hitting multi-month highs.  The rate dropped slightly to 21.13% from 21.31% last Saturday, which was the…

Tehran stocks opened Saturday on a strong note in the early hours but sell-side pressure returned as the session came to a close.   The main gauge of Tehran Stock Exchange, TEDPIX, gained…

Bounced checks in the third calendar month (ended June 21) reached of 374 trillion rials ($1.2 billion) up 9.5% monthly. A total of 640,000 checks were rejected by banks in the month,…

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Kohgilouyeh-Boyerahmad registered the highest average annual inflation with 47.6% while Sistan-Baluchestan…

Exports from Golestan Province stood at 120,000 tons worth $67.79 million in the first four months of the current fiscal year (March 21-July 22), registering a 25% decline in terms of weight,…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei issued a message on Saturday to express sympathy with the people affected by the recent devastating floods and extend condolences…

Domestic production is one of the best options from among the three considered by the Ministry of Industries, Mining and Trade for supplying economy cars, according to a faculty member at Iran…

Cracks have appeared in a tunnel that was slated to transfer water from Kanisib Dam in Piranshahr, West Azarbaijan Province, to Urmia Lake, the head of Iran Water and Power Resources Development…

The mercaptan unit of South Pars Phase 1 Refinery has produced 1,400 tons of the odorant and plans are underway to increase the yearly output, the manager of the refinery said. “The unit is the…

Unprecedented torrential rainfall in the past few days in several provinces, including Tehran, Alborz, Markazi, Isfahan, Fars, Hormozgan, Sistan-Baluchestan, Yazd and Chaharmahal-Bakhtiari, has…

The number of cities on coronavirus red alert more than doubled in a span of one week, from 57 to now 120 as highly contagious variants of the original virus circulate throughout the country.…

Flash floods and landslides throughout the country have killed 61 people and left 30 missing since last week, the secretary-general of the Iranian Red Crescent Society, Yaghoub Soleimani, said…

The Islamic Republic of Iran appointed a new ambassador to the Vienna office of the world body and to the International Atomic Energy Agency. Mohsen Naziri has been selected as the new…

Tehran stocks added more loss in the last Iranian business week on Wednesday registering the sixth straight weekly declin The bearish trend was spurred by huge sell-off of small-sized companies…

The Central Bank of Iran says it supports the growth of "buy now pay later" (BNPL) services because of its acceptable impact on the economy.  Mehran Mahramian, the CBI deputy chief for…

The government program to sell bonds to plug its budget deficits faltered in the last weekly auction for the second straight week  Total bonds offered at both the interbank and equities…

A poll conducted by Iran Chamber of Commerce, Industries Mines and Agriculture (ICCIMA) shows that most businesses are now struggling with the rising need for liquidity after the government…

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

All airlines are making losses and their income from ticket sales is negative (spending more than what it earns), says the head of the Association of Iranian Airlines, Abdolreza Mousavi. …

The Consumer Price Index of “health and medical treatment” stood at 376 in the fourth month of the current Iranian year (June 22-July 22), which indicates a 6.1% increase compared to the…

An exclusive Iranian exhibition is scheduled to be held in the Russian capital, Moscow, from Sept. 7-10.

Iran traded 46.82 million tons of goods worth $34.4 billion (excluding crude oil exports) with other countries during the first four months of the current fiscal year (March 21-July 22), the…

The revival of abandoned oil and gas wells in Iran by tapping into cutting-edge knowledge of startups can help reduce production costs by 90%, the head of the Oil Industry Technology and…