The SpeedTest site, following its latest survey on internet speed worldwide, shows the speed of fixed internet declined in June while that of mobile internet stayed unchanged compared with the…

Italian Premier Mario Draghi said Wednesday the spontaneous popular support for his government is “unprecedented and impossible to ignore,” as he weighed appeals to rescind his resignation,…

Due to a lack of authorized car tire import, the smuggling of tires is rampant, according to the secretary of Iran Tire Importers Association. “If the government were to modify the current…

Tehran stocks ended trading week on Wednesday slightly higher but unprecedented decline in retail trade continues to undermine share market.   The main index of Tehran Stock Exchange,…

In its latest appraisal of risk retention capacity of insurers, the Central Insurance company of Iran (CII) gave Iran Insurance Company (IIC) the top spot.  According to a report seen on…

In a new report the Central Bank of Iran said the monetary base declined on the monthly scale in the calendar month to June 21. The monetary base stood at 6,403.7 trillion rials ($20.6 billion…

The government sold only 8.2 trillion rials ($26.4 million) in the ninth bond auction held by the Central Bank of Iran on Tuesday.  This was the lowest sale of debt securities by the…

Iran’s trade with Turkey stood at 3.77 million tons worth $3.01 billion in the first quarter of the current fiscal year (March 21-June 21), registering a 141% and 84% growth in weight and value…

Iran’s labor market suffers from a very low participation of women, data released by the Statistical Center of Iran confirm. Women’s economic participation rate stood at only 13.8% in the first…

Iran has reinstated its conditions for air travel to the country amid a new wave of Covid-19, according to the spokesperson of the Civil Aviation Organization of Iran. “Passengers are required…

Iran’s mining industry exported a total of 13.72 million tons of products worth $3.38 billion during the first quarter of the current fiscal year (March 21-June 21) to register a 0.2% increase…

The drilling of wells at Phase 11 of South Pars Gas Field in the Persian Gulf is near completion and it is expected to start production in winter, managing director of the National Iranian Oil…

Oil prices ease on Wednesday, pressured by global central bank efforts to tame inflation, ahead of expected builds in US crude inventories as product demand weakens.

Attracting foreign and domestic investments for the development of joint hydrocarbon fields is a top priority of the National Iranian Oil Company, as the key oil sector has long been the main…

Operations to complete Ahvaz sewage collection network in Khuzestan Province are on track and will become operational next year, the head of the provincial water and wastewater company said.

Iran, Russia and Turkey held a summit on the Syrian peace process, denouncing foreign intervention and emphasizing Syrians’ right to determine their own fate. The seventh summit of the Astana…

The Health Ministry on Wednesday logged a dramatic increase in daily coronavirus cases and fatalities as the highly transmissible Omicron sub-variant BA.5 continued its relentless spread across…

The path for continued negotiations on the revival of the 2015 nuclear deal have remained open as a result of proximity talks in Doha, Qatar, to remove the final obstacles, a senior Iranian…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei held talks with Russian President Vladimir Putin in Tehran on Tuesday. 

Iraqi President Barham Salih stressed the need for promotion of cordial and amicable relations between Iran and Arab states, saying that the Islamic Republic is a very important player in the…

Rice consumption in Iran currently stands around 3 million tons per year, 70% of which are supplied through domestic production, according to a deputy agriculture minister.

Iran and the European Union’s 27 member states traded €2.08 billion worth of goods in the first five months of 2022 (January-May), registering a 12.44% growth compared with last year's…

Tehran stocks closed on Tuesday slightly below the flatline amid steep decline in retail trade.  The main gauge of Tehran Stock Exchange, TEDPIX, lost 939.22 points or 0.06% to end at 1,…

Iranian payment service providers are still the largest merchant acquirers in the Middle East and Africa, according to the latest issue of Nilson Report. 

The Central Bank of Iran cut the “currency quota” for outbound travelers with a visa.  Accordingly, authorized exchange bureaus are not allowed to sell more than €500 or equivalent in…