In the fiscal 2019-20 and 2020-21 university entrance exams, 84% of those admitted with a rank below 3,000 and 86% of those admitted to majors, such as medicine, dentistry and pharmacy, were…

Maximum gas is being supplied to power plants across Iran and the trend is expected to continue during the summer as well, the head of the National Iranian Gas Company’s Dispatching Department…

Oil prices dived more than $4 a barrel on Wednesday amid a push by US President Joe Biden to bring down soaring fuel costs, including pressure on the country's major energy firms to help ease…

The only incomplete phase of the South Pars Gas Field in the Persian Gulf, Phase 11, will start production in September, the oil minister said. Iranian experts and engineers are developing the…

The annual volume of natural gas loss in Iran's national grid caused by gas meter fraud is close to 2 billion cubic meters that can be easily avoided by replacing traditional meters with smart…

The European Union keeps being engaged to bring talks on the revival of the 2015 nuclear deal to a successful end, said a senior EU diplomat, as negotiations have been stalled for months despite…

If the prices of imported cars are lower than those of Iranian cars, the domestic car and component industries will face problems, according to a member of the board of directors of the…

Tehran stocks ended lower Tuesday amid persistent capital outflow by retail investors and a steep decline in value of deals.  The benchmark of Tehran Stock Exchange, TEDPIX, lost 7,615.55…

The Export Guarantee Fund of Iran, the Trade Promotion Organization, Iran Insurance Company and Saba Business Development Holdings on Tuesday signed an agreement to help reduce risks of foreign…

An estimated 190,000 newlyweds borrowed 255 trillion rials ($822 million) from banks since the beginning of the current fiscal year in March until June 21, the Central Bank of Iran said. …

Total funding made available through the capital market amounted to 365 trillion rials ($1.1 billion) in in the first two months of current fiscal year (March 21- May 20).  This was 9.7%…

A total of 166,000 tons of seafood worth $554 million were exported from Iran in the last fiscal year (March 2021-22), registering a 19% and 14% rise compared with the year before, according to…

A group of economists wrote about Iran’s economic woes in an open letter published recently and suggested ways of improving the situation, Hossein Haqgou, an economist, prefaced his write-up for…

A total of 50,761 tons of red meat were produced in Iran’s official slaughterhouses during the month ending May 21 to register an 8% increase compared to the previous month and an 11% year-on-…

The latest proposal by the Ministry of Economic Affairs and Finance on taxing bank transactions has provoked the ire of economic players and business owners. 

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei warned about the enemies’ plans to undermine people’s hope and optimism about the future and the management of the country.

A knowledge-based company has successfully designed an electrodialysis system for desalination that can meet part of Iran’s needs for drinking water.

A 21-strong Iraqi business delegation from Diyala Governorate arrived in Iran’s Ilam Province on Sunday for a two-day stay, according to the chairman of Ilam’s Chamber of Commerce, Industries,…

Iran traded 8.84 million tons of goods worth $5.14 billion with six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first two months of…

A total of 19 widely used equipment in South Pars Gas Field platforms will be indigenized by the end of October. Of the total projects to manufacture the parts inside the country, seven…

Despite the claim of Afghan water officials, Iran has received less than 3 million cubic meters of water from Hirmand (known as Helmand in Afghanistan) River since the beginning of the current…

To help extend the national gas network to small towns and villages, pipe-laying operations to supply Naeen County in Isfahan Province with natural gas have started, the managing director of the…

Tehran’s share market closed near the flatline for the second straight session on Monday.   The benchmark of Tehran Stock Exchange, gained 1,284.69 points or 0.08% to end trade at 1,547,…

The Plan and Budget Organization (PBO) has defended the government’s decision to end its forex subsidy policy basic imports.  In a statement released Monday the PBO responded to a group of…

The Iran Fintech Association, a private society supporting fintech startups, has strongly criticized the Central Insurance company of Iran (CII) for promoting monopoly in the online insurance…