The highly contagious BA.5 subvariant of Omicron is quickly becoming the dominant strain across Iran, accounting for 35-40% of all cases, Hamidreza Jamaati, head of the national Covid science…

The Purchasing Managers' Index for Iran’s overall economy declined in the third month of the current fiscal year (May 22-June 21) after surging in the preceding month. The first fiscal…

A total of 4.4 million passengers were transported via railroads in Iran during the first two months of the current Iranian year (started March 21) to register a 63% increase compared with the…

Except Iran, how many countries have the opportunity to send billions of dollars to their coffers besides their daily income from oil? Perhaps, none. How many countries have the prospect of…

The monthly report by Iran's e-payment network, Shaparak Company, shows Saman Electronic Payment company (SEP) topped the list of payment service providers in terms of the volume of transactions…

The Governor of the Central Bank of Iran Ali Salehabadi said the central banks of Iran and Russia have agreed to expand banking and monetary relations.  Heading a delegation, Salehabadi…

Iran’s foreign debt was $8.14 billion on April 20, CBI data showed.  This was $650 million or 7.3% lower from the corresponding period in the last fiscal year that ended in March. 

The government sold 32.5 trillion rials ($104 million) bonds  at the seventh weekly auction held by Central Bank of Iran last week.

The project to transfer water from Azad Dam in Kurdestan Province to the Sanandaj Water Treatment Plant in the provincial capital has registered 60% progress and is expected to be completed by…

The production and sales of the five main products of Ilam Gas Refinery in the western Ilam Province, namely methane, ethane, liquefied petroleum gas, sulfur and gas condensates, increased by…

Iranian petrochemical production and exports grew by 8% and 5% respectively between July 2021 and April 2022, and reached 32 million tons and 22 million tons compared to a year ago.

A domestic knowledge-based company has developed a vacuum arc melting furnace with export potential, which accelerates the purification of alloys. “Domestic furnaces are designed for melting…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has sent a message to the 2022 hajj pilgrimage, inviting Muslims around the world to turn away from what leads to “disunity and…

Iran’s new cluster of centrifuges recently installed and run in its Fordow nuclear site has produced uranium enriched to 20% purity as its end product, a senior nuclear official said. 

Alireza Zali, head of Tehran’s coronavirus operations, said on Sunday that everyone should get a booster dose of a Covid-19 vaccine as active cases surged and experts warned of another wave…

Domestic automakers are experiencing losses due to command pricing and supply-demand problems, according to an automotive expert.

Shahid Rajaee Port in the southern Hormozgan Province registered 472,933 TEUs in container throughput from the beginning of the current Iranian year on March 21 to July 5, according to a local…

Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 9.2% in the first quarter of the current Iranian year (March 21-June 21), indicating a 0.4% year…

A total of 624,000 tons of red meat were produced in Iran’s official slaughterhouses in the fiscal 2021-22 (ended March 20). The Statistical Center of Iran's latest report shows beef accounted…

On June 18, the Supreme Council of Economic Coordination, chaired by the heads of three branches of government, decided to impose a ceiling on housing rent levels and called for the automatic…

Municipalities in big cities sold 114.7 trillion rials ($370 million) ‘participatory bonds’ in the last fiscal year that ended in March. This was more than double on an annualized basis (106.8…

Tehran stocks closed trading week Wednesday in negative territory amid continuous outflow of capital by retail investors.   The main gauge of Tehran Stock Exchange, TEDPIX, lost 8,471.09…

The Central Bank of Iran is planning to help municipalities tap a new supply chain finance mechanism for urban development.  Asghar Abolhassani, the CBI vice governor made the announcement…

Iran Power Generation, Transmission and Distribution Company, Tavanir, announced new severe measures to discourage unlicensed cryptomining. 

“Transportation” registered 35.8% in annualized inflation in the third month of the current Iranian year (May 22-June 21), according to the Statistical Center of Iran. The Consumer Price Index…