The average price of residential buildings in Tehran reached 414.09 million rials ($1,300) per square meter in the third month of the current fiscal year (May 22-June 21), the latest data…

Oil prices rose as much as nearly 3% on Wednesday before paring some gains as investors piled back into the market after a heavy rout in the previous session, with supply concerns returning to…

Power generation in Iran’s thermal power plants has exceeded 1.1 billion kilowatt-hours per day, said a deputy manager at Iran's Thermal Power Plants Holding Company. “The total output of 130…

Due to poor and underdeveloped garbage disposal and wastewater collection infrastructure in northern Gilan Province, leachate from landfills leaks into groundwater aquifers and paddy fields, a…

Drilling operations at an exploratory-appraisal well in the Belal Gas Field in the Persian Gulf started on Monday, the managing director of Petropars Company – the main contractor of the project…

Qatar continues to support regional dialogue involving Iran and Persian Gulf Arab states, the country’s foreign minister said on Wednesday.  “Such talks can produce positive outcomes for…

Health Minister Bahram Einollahi encouraged everyone over the age of 12 to receive a Covid-19 booster shot given the recent surge in active cases and hospitalizations.  “Our advice to the…

The European Union foreign policy chief said decisions are needed now if there is a will to conclude an agreement on restoration of the 2015 nuclear deal, known as the Joint Comprehensive Plan…

The Islamic Republic of Iran Shipping Lines transported a record high of 27 million tons of cargo in the last Iranian year (March 2021-22) to register a 41% rise compared to the year before,…

Turkish President Recep Tayyip Erdogan is expected to visit Iran on July 19, the Turkish presidency said on Tuesday, according to Anadolu Agency.     On June 27, Iranian Foreign…

Iran’s trade with its 15 neighboring countries stood at 20.97 million tons worth $12.36 billion in the first quarter of the current fiscal year (March 21-June 21), registering an 18% year-on-…

Iran has become indebted to China for an uneconomical project; Iran will receive a hefty loan worth 15.3 billion yuan and repay 21.88 billion yuan instead. 

The benchmark of Tehran Stock Exchange, TEDPIX gained 3,918.61 points or 0.26% on Tuesday to end trade at 1,511,075. The TSE’s equal-weighted index gained 0.08%, indicating the performance of…

The total number of credit cards, with at least one monthly transaction, increased 15% to June 20.

Growth in term deposits lagged behind sight deposits as more depositors park money for shorter periods in banks, recent data from the Central Bank of Iran show. 

The Central Bank of Iran says annualized broad money growth has been of the declining order.  Broad money stood at 49,434.7 trillion rials ($159.5 billion) -- down 37.3% to May 21. This…

Coupon is the systematic suppression of inflation in a small area while prices of goods move in an interconnected space. Practical strategies should be taken to tackle the rise in prices of…

Two domestic knowledge-based companies have developed medical devices for performing electrocardiography and cosmetic surgeries with higher precision and price advantage over foreign models. An…

“Leisure and Culture” registered an annualized inflation of 33.7% in the third month of the current Iranian year (May 22-June 21), according to the Statistical Center of Iran. The group’s…

The development of joint Azadegan Oilfield in Khuzestan Province will be completed with an investment of $7 billion, Oil Minister Javad Owji said.

Thermal Power Plants Holding Company has started converting seven single-cycle power plants into combined-cycles after it received the green light of the government’s Economic Council, deputy…

The daily amount of sweet gas transmission in Iran will surpass 880 million cubic meters later this year, the managing director of Iranian Gas Transmission Company said.

A new wave of the coronavirus pandemic could possibly hit Iran in the near future given the dramatic rise in outpatient visits over the past week, a member of the national science committee…

Constructive talks on the revival of the 2015 nuclear deal depend on the United States’ seriousness, initiative and flexibility, Iran’s foreign minister said.  Hossein Amir-Abdollahian…

Economy Minister Ehsan Khandouzi said Sunday that the government has a positive but rules-based approach towards cryptocurrencies "Policymakers have gone overboard in pushing opposing views…