Experts and financial authorities have apparently come to the conclusion that promoting futures contracts is a must to help improve the struggling capital market, the managing director of Iran…

The rail pared more past losses on Monday and strengthened against major foreign currencies in Tehran’s unofficial market. 

The Central Bank of Iran has instructed commercial banks to expedite marriage and childbirth loans.   As per a bylaw seen on the CBI website, lenders are also told to facilitate (ease) the…

A total of 319 new or renovated rolling stock units worth 9.46 trillion rials (29.7 million) joined the domestic rail fleet on July 4, during a ceremony attended by Minister of Roads and Urban…

Iran’s trade with its leading commercial partner, China, reached $6.47 billion in the first five months of 2022, registering an 18.1% growth compared with the corresponding period of the year…

“Health and Medical Treatment” registered 36.2% in average annualized inflation in the third month of the current Iranian year (May 22-June 21), latest data released by the Statistical Center of…

The general trend of gross fixed capital formation at the 2016-17 constant prices has been declining over the decade ranging from the fiscal 2011-12 to 2021-22.  The average annual…

Before weighing the performance of governments, including that of President Ebrahim Raisi in his first year in office, you need to look at their campaign promises and the extent to which they’ve…

Pope Francis has dismissed reports that he plans to resign in the near future, saying he is on track to visit Canada this month and hopes to be able to go to Moscow and Kyiv as soon as possible…

Zamyad Company was able to produce more than 10,000 cars in the first 100 days of the current fiscal year (started March 21), setting a record in the past 10 years. The company was able to sell…

French Foreign Minister Catherine Colonna said the window for diplomacy on reviving the 2015 nuclear deal is still open and must be used in the most appropriate manner so that a deal can reached…

Severe sandstorms hit several cities, including the capital Tehran, on Sunday evening, shutting summer schools, offices and all educational centers in the affected areas on the following day.…

Oil prices reversed losses and edged up on Monday, as concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia outweighed fears of a global recession. Brent…

Iran accounts for 70% of gasoline exports to Afghanistan, the head of the Iran-Afghanistan Chamber of Commerce said. “Close to 2.5 million liters of gasoline are burnt in Afghanistan daily, of…

Natural gas export via pipelines will soon become a thing of the past, which makes it crucial for the National Iranian Oil Company to prioritize the export of liquefied natural gas (LNG), an…

The development plan underway at Arvand Petrochemical Company in Mahshahr, Khuzestan Province, will help end crude sales, develop downstream industries and create jobs, managing director of the…

A total of 5.9 million tons of essential goods worth $4.5 billion were imported during the first three months of the current Iranian year (March 21-June 21), according to a customs official.…

Iran and Russia have agreed to transit 10 million tons of goods along the International North-South Transit Corridor. The agreement was made during a meeting of the two sides’ transportation…

Azerbaijan has topped the list of Iran’s export destinations among the Caspian Sea littoral states.

German Chancellor Olaf Scholz has urged the public to face the country's economic problems together, as inflation in Europe's leading economy remained stubbornly high.

Scholz published…

A total 3,376 tons of Iranian tea worth $3.28 million were exported to 20 countries in the first two months of the current Iranian year (March 21-May 21), according to the executive manager of…

A total of 24 million tons of goods were loaded and unloaded in Iranian commercial ports during the first two months of the current Iranian year (March 21-May 21,) showing no significant change…

Flights between Shiraz, the capital of Iran’s Fars Province, and Muscat, the capital city of Oman, have been launched by Kish Air.

The Statistical Center of Iran has reviewed price changes in 53 food products in the third fiscal month (May 22-June 21). The biggest month-on-month price rise for a food item in urban areas…

The benchmark of Tehran Stock Exchange, TEDPIX, closed slightly above the flatline on Sunday amid mounting uncertainty and consecutive decline in retail trade.  The market cap-weighted…