Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost. Brent crude futures for September…

The second dry cooling tower of Shahid Mofatteh Power Plant in Hamedan Province has made 60% progress and is expected to become operational in the current fiscal year (March 2022-23). Energy…

Iran’s gas export earned $4 billion in the first four months of the current Iranian year (March 21—July 22), which is equals to the revenues earned throughout last year, the oil minister said.…

Iran’s top diplomat welcomed diplomatic efforts to revive its 2015 nuclear pact with major powers on Wednesday, a day after the European Union’s top diplomat proposed a new text to restore the…

A wave of flash floods and landslides triggered by heavy rain wreaked havoc on many provinces throughout Iran on Thursday night, killing some 34 people and leaving 20 missing.  Interior…

6 million in the first quarter of the current fiscal year (March 21-June 21), the deputy foreign minister for political affairs said. “Currently, we are focusing on Mexico, Venezuela, Nicaragua…

The average age of Iran’s mining machinery is currently around 40 years, according to the head of the House of Industries, Mining and Trade.

The Money and Credit Council, the top monetary and banking decision-making body, set a higher ceiling for the legal reserve requirement of banks.   According to a press release published…

Tehran stocks closed the week Wednesday with slight gains in most categories but retail investors’ role in overall trade remained unimpressive.  The main index of Tehran Stock Exchange,…

Around 73% of Iran’s tile and ceramic exports go to neighboring Iraq, according to the head of the board of directors of the National Tile and Ceramic Producers Guild Association.

Iran and Russia signed a memorandum of understanding on Tuesday to expand aviation ties, according to the spokesperson of Iran Aviation Organization. “As per the agreement, the number of…

About 4.3 million tons of apples are produced in Iran annually, of which close to 1 million tons are exported, according to Deputy Agriculture Minister Mohammad Mehdi Boroumandi. The official…

The World Economic Forum has published the Global Risks Report 2022, which tracks global risk perceptions among experts and world leaders in business, government and civil society. 

The Consumer Price Index of “education” in the 12-month period to July 22, which marks the end of the fourth month of the current Iranian year, increased by 26.7% compared with last year’s…

The Securities and Exchange Organization (SEO) held a ceremony Wednesday to unveil an electronic platform that eases the collateral process for investors seeking loans.  The ceremony was…

Five government departments have signed a memorandum of understanding on Monday to build 550,000 small-scale solar generators in rural and across Iran within five years.

Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55…

Iranians used an average of 101 million liters per day of gasoline between March and June, up 16% compared with the corresponding period of last fiscal year, deputy manager for planning at the…

To help stabilize electricity supply in Ahvaz, Khuzestan Province, 36 transformers were installed throughout the city, managing director of the provincial power company said. "The equipment…

Iran Khodro Industrial Group has invited domestic and foreign investors to participate in the bid for purchasing its state-owned and intragroup shares. According to this call, Samand Investment…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said a great achievement of the Islamic Republic has been invalidation of the core of the western civilization’s identity, namely “…

Iran and the other participants in talks to revive the 2015 nuclear deal are exchanging ideas on how to conclude the long dragged-out negotiations in the Austrian capital Vienna, according to…

The government has bought 5 million tons of wheat worth 570 trillion rials ($1.77 billion) from local farmers so far this year, data released by the Agriculture Ministry show.

A total of 69.39 million tons of goods were loaded and unloaded in Iranian commercial ports during the first four months of the current Iranian year (March 21-July 22), registering a 6% rise…

After piling losses in the earlier session, selloff pressure eased on majority of shares Tuesday with the benchmark of Tehran Stock Exchange closing slightly below the flatline,    …