Exports from Bushehr Province, excluding crude oil and gas condensate shipments, stood at 7.67 million tons worth $4.03 billion in the first three months of the current fiscal year (March 21-…

BRICS’ five member states, namely Brazil, Russia, India, China and South Africa, accounted for a third of Iran’s total foreign trade in the fiscal 2021-22, data released by the Islamic Republic…

The executive work to transfer 200 million cubic meters of desalinated water per year from the Sea of Oman to Sistan-Baluchestan is underway, director general of the National Water Data said.

Urmia Lake’s water level is currently 1,270 meters, down 53 centimeters compared to last year’s level, the head of Integrated Water Resources Management Department at the Energy Ministry said.…

The first steam unit of West Karun Power Plant in Dasht-e Azadegan County, Khuzestan Province, has come on stream. With a production capacity of 198 megawatts, the unit is to help supply…

Tehran is ready to boost multi-faceted cooperation with Caspian Sea littoral states on the basis of mutual respect and common interests, President Ebrahim Raisi said. 

Iran’s university entrance exam commenced on Wednesday morning across the nation as more than one million students started competing for a chance at higher education in the four-day marathon.…

Foreign Minister Hossein Amir-Abdollahian said the adoption of a realistic approach by all negotiating parties is a necessary condition for the success of protracted talks to revive the 2015…

After sessions of lukewarm trade, Tehran’s share market closed Tuesday in positive territory.  The main index of Tehran Stock Exchange, TEDPIX, gained 10,369 points or 0.69% to end trade…

The Central Bank of Iran has announced higher ceilings for security deposit loans to help the low-income strata rent a home. 

Disciplinary measures taken by the Central Bank of Iran has to some degree improved the balance sheets of banks, head of the CBI Department for Health Assessment said.  “Regular monitoring…

Latest statistics show that the number of homes in Iran is about 5% lower than the number of households. 

Clothing registered an annualized inflation of 49.1% in the third month of the current fiscal year (May 22-June 21). With a coefficient of 4.78%, the CPI of “clothing and shoes” stood at 552.5…

Turkey is against unilateral sanctions on Iran, Turkish Foreign Minister Mevlut Cavusoglu said on Monday, voicing hope for the 2015 nuclear deal between Iran and world powers to be restored.

Trade between Iran and the Economic Cooperation Organization’s member states reached 2.94 million tons worth $2.48 billion during the current fiscal year’s first two months (March 21-May 21),…

Electricity consumption in Iran crossed 65,000 megawatts on Sunday, an alarming level for early summer, which is over 3,000 MW higher than on the same day (June 26) of last year. The power use…

The OPEC+ alliance of oil producers is running out of capacity to pump more crude, including its biggest member Saudi Arabia, according to Nigeria’s petroleum minister.

The urea and ammonia output of Lordegan Petrochemical Company in the southwestern Chaharmahal-Bakhtiari Province increased by 518% in the first three month of the current Iranian year (March 21-…

The southern Hormozgan Province off the Persian Gulf accounts for 50% of desalinated water produced in Iran, the head of the provincial Water and Wastewater Company said. “Close to 41…

A knowledge-based company has developed a flame monitoring system that helps monitor the flame in equipment such as power plant turbines, where the continuity of the flame is vital.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei advised judiciary officials and personnel on Tuesday to make efforts to root out corruption, among other wide-…

Deputy Foreign Minister Ali Baqeri Kani arrived in Doha, Qatar, on Tuesday morning at the head of a diplomatic delegation for the resumption of talks on reviving the 2015 nuclear deal, formally…

The main index of Tehran Stock Exchange, TEDPIX, ended Monday slightly higher gaining 2,724 points or 0.18% to end at 1,504,065. Almost half of active tickers fell and retail trade rose…

Saman Insurance company, affiliated to Saman Bank, says it will soon offer new packages exclusively for Iranian firms doing business with Iraq. 

The reasons fueling hyperinflation in the last calendar month are plenty, the Central Bank of Iran’s deputy for economic affairs said.  “There are multiple factors. Main among them are…