Stalled negotiations on the revival of the 2015 nuclear deal will be resumed “in coming days and immediately,” according to the European Union coordinator of the nuclear agreement, Josep Borrell…

A new 2.5-megawatt photovoltaic solar farm went on stream on Friday in Garizat rural district in Taft County, Yazd Province, raising PV capacity in the desert region to more than 60 megawatts,…

The National Iranian Oil Company has boosted its crude oil refining capacity by 11 million liters per day in the last 12 months. According to IRNA and based on data from the Oil Ministry and…

Iran is ready to export technical and engineering services to Iraq and help the neighboring country develop its oil and gas industry, managing director of the National Iranian Oil Company said…

Business delegations from Kenya, Turkey and Senegal are scheduled to visit Iran by the end of June. The Kenyan business delegation is due to visit Tehran Chamber of Commerce, Industries, Mines…

The Producer Price Index (using fiscal 2016-17 as the base year) stood at 487.1 in the fiscal 2021-22 (ended March 20), indicating a 54.3% growth compared to the year before, new data released…

Iranian steel mills produced a total of 11.4 million tons of crude steel in the first five months of 2022, registering a 10.8% decline compared with the corresponding period of 2021.  A…

Net capital outflow by retail investors amounted to 22.42 trillion rials ($72.3 million) in five trading sessions in the preceding Iranian week that ends on Wednesday. This was almost a three-…

Check transactions rose sharply on a monthly basis in the second calendar month to May 21 after posting steep decline a month earlier.    The number of issued checks jumped 20.9% to…

Iran Power Generation, Transmission and Distribution Company (Tavanir) has again told all cryptocurrency miners to suspend work during the three summer months. Mostafa Rajabi Mashhadi, the…

Iran’s foreign trade, excluding crude oil exports, reached 36 million tons worth $25.5 billion in the first quarter of the current fiscal year (March 21-June 21), according to Alireza Moqaddesi…

‘Hotels and restaurants’ registered 63.7% in annualized inflation in the third month of the current Iranian year (May 22-June 21) — the highest among 12 groups of goods and services surveyed by…

The profits tax on enterprises will be calculated based on sales registered in their point-of-sale systems, says the head of Auditing Department of the Iranian National Tax Administration.…

A report by the Monetary and Banking Research Institute (MBRI) showed a fifth consecutive decline in output of manufacturing companies listed in the stock market.  It reflected on the…

European Union foreign policy chief Josep Borrell was expected to arrive in Tehran on Friday for consultations with Iran’s foreign minister and other top authorities. 

Foreign Minister Hossein Amir-Abdollahian expressed hope that talks on the revival of the 2015 nuclear deal will go back on track and keep moving forward in the near future. 

A knowledge-based company has designed an efficient software to ease online education and enterprise resource planning (ERP).

The Central Bank of Iran Wednesday launched its regulatory sandbox to address regulatory challenges faced by the bank and financial startups.  Speaking at the unveiling ceremony at the CBI…

Tehran stocks closed the week Wednesday in negative territory as capital continued to flow out the distressed share market.  The main index of Tehran Stock Exchange, TEDPIX, lost 6,237…

President Ebrahim Raisi has called on the Central Bank of Iran to take early action to bring dysfunctional banks and credit institutions into line.   “Drawing on existing legislation, the…

Fixed income investors purchased 19.6 trillion rials ($63 million) bonds issued by the government at the fifth weekly bond auction. 

Iran and the European Union’s 27 member states traded €1.67 billion worth of goods in the first four months of 2022, registering a 15.3% growth compared with last year's corresponding period.

Private sector development depends on appropriate international relations, but sanctions have prevented Iranian companies from forging ties with their foreign counterparts in recent years,…

A total of $113 million worth of apparel were exported from Iran in the last Iranian year (March 2021-22), registering a 61.4% rise compared with the year before when the figure was close to $70…

New data released by the Statistical Center of Iran confirms inflation has reached an unprecedented level. Food prices increased by 25.9% in the third month of the current Iranian year (May 22-…