The Governor of Central Bank of Iran Ali Salehabadi says launching the rial-rubble exchange platform at the regulated forex market should help boost Russo-Iran trade.  At a ceremony on…

Transit of goods by Khazar Sea Shipping Lines increased by 162% in the fiscal 2021-22, thanks to the unwavering support lent by the Islamic Republic of Iran Shipping Lines.  According to…

The share of higher education unemployment from the total unemployed population was 39.7% in the first quarter of the current Iranian year (March 20-June 21) to register a year-on-year decline…

Tax revenues accounted for 48% of all government revenues in the first quarter of the current fiscal year (started March 21), Fars News Agency reported, citing the Iranian National Tax…

A knowledge-based company has designed a sequence meter that uses the latest technology to increase electrical safety in houses and industries.

Plans are underway to build a 500-megawatt photovoltaic power station at Tehran’s Oil Refinery Company, the head of the company said. “The refinery is committed to working for a low-carbon…

Iran’s electricity sector has strong potential to grab a significant share of Iraq’s power market, but Iranian enterprises have not made their mark in the field, a member of the Iran Chamber of…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said any military offensive by Turkey in northern Syria would be detrimental not only to the two countries, but also to the entire…

Manufacturing waste generated by Iran Khodro Company’s (IKCO) car production lines, including body production, paint and assembly halls, has reduced by 60% in the first quarter of the current…

The insurance industry has reported a big jump in medical insurance policies sold in the last calendar year that ended in March.  Bimeh-Dari Novin, a local magazine specialized in…

Iran Currency Exchange, known as the regulated forex market, has started trading the Russian ruble from last Tuesday.   The Russian currency is the third being traded in the regulated…

Export companies sold $13.5 billion in the secondary foreign exchange market, known locally as Nima, in four months since the beginning of current fiscal year in March.  In a press…

The CEO of Bank Melli Iran, the biggest state-owned lender, said it has signed a deal with Russia’s government-controlled Sberbank. “I was in Moscow at the invitation of the CEI of Sberbank as…

A total of 16.53 million tons of goods worth $20.95 million were exported from Hamedan Province in the first quarter of the current Iranian year (March 21-June 21), registering a 68% decline in…

Investments worth 40 trillion rials ($125 million) were made in agricultural mechanization in the last Iranian year (March 2021-22), according to Kambiz Abbasi, an Agriculture Ministry official…

The Islamic Revolution Mostazafan Foundation earned 43% more in the first quarter of the current fiscal year (March 21-June 21) compared with the corresponding period of last year, its deputy…

More than $300 million worth of different types of glass are exported from Iran annually, according to secretary of Iran Glass Industry Association.

The unemployment rate for Iranian youth between 15 and 24 years was 24% in the first quarter of the current Iranian year (March 21-June 21), registering a 1.9% year-on-year increase.   The…

Four major challenges in Iran and many other countries have the potential of turning into a Gordian knot in the coming months if left unsolved, so much so that even the World Bank has warned…

Energy Minister Ali Akbar Mehrabian on Saturday broke ground on a wastewater plant in Roudehen District in Damavand County, 60 kilometers northeast of Tehran.  The project entails the…

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread Covid-19 lockdowns in China again…

Thermal power stations, with an installed generation capacity of 3,500 megawatts, have become operational in the last 12 months, deputy for projects development at the Thermal Power Plants…

Conclusion of talks on the revival of the 2015 nuclear deal has been impeded by the United States’ failure to provide guarantees of continued adherence, a senior Iranian official said.

Tehran stocks opened the week lower on Saturday amid lingering outflow of liquidity by retail investors.  The main gauge of Tehran Stock Exchange, TEDPIX, lost 10,001.23 points or 0.67% to…

Bank Mellat topped the list of banks listed with the Tehran Stock Exchange in terms of outstanding loans and deposits, in the past fiscal year that ended in March.