The first container train on the Kazakhstan-Turkmenistan-Iran-Turkey route, carrying a cargo of sulfur, arrived at Tehran’s train station from Incheh Borun border at 16:00 hours on Saturday.…

Tehran dams currently have about 640 million cubic meters of water, which shows a 20% decline compared to this time last year, when the figure was 800 mcm, managing director of Tehran Water and…

To ensure stable natural gas supply, Iran Gas Engineering and Development Company is building seven gas storage facilities across the country, managing director of the state-run firm, a…

The construction of Dena Petrochemical Complex in Asalouyeh, southern Bushehr Province, has registered 75% progress and is expected to be completed in 2023, managing director of Dena…

The SpeedTest site, following its latest survey on internet speed worldwide, shows that the speed of fixed and mobile internet in Iran had increased in May. The latest statistics released on…

The Central Insurance company of Iran (CII), the industry’s regulator, is concentrating on promoting specialized insurance companies. 

The domestic gold market saw big gains at the beginning of trading week on Saturday amid rising currency rates.  The popular Emami gold coin jumped more than 4.7% or 7.5 million rials in…

The Majlis Research Center (MRC), the think tank of the parliament, has released the draft of a bill to reform the capital market law and called on experts to comment on its provisions. The…

Zanjan Province saw the lowest unemployment rate of 6.5% among all Iranian provinces in the fiscal 2021-22 (ended March 20), while Hormozgan registered the highest unemployment rate of 15.8%,…

Iran’s trade with 15 neighboring countries reached 13.18 million tons worth $8.32 billion in the first two months of the current fiscal year (March 21-May 21), latest data released by the…

Iran Khodro Company (IKCO) has announced a 54% growth in production from the beginning of the current fiscal year (March 21) until June 16. In terms of the production of cars deficient in parts…

The total contribution of travel and tourism to Iran’s GDP increased by 40% in 2021 compared to the previous year from 3.1% or $34.4 billion to 4.1% or 48.1 billion, latest data released by the…

Iran and Turkey both produce 10 million tons of precious stones per year, but Iran’s export is less than one-tenth of the neighboring country’s, according to the secretary-general of Iranian…

To complete the value-added chain in Sadaf Petrochemical Company in Asalouyeh, Bushehr Province, an emulsion-styrene butadiene rubber (ESBR) unit is being constructed in the company, the…

The new US economic blockade on Iran’s petrochemical sector will neither impact exports nor its development plans, the head of Mehr Petrochemical Company, a subsidiary of the National…

Contracts for constructing power plants with a capacity of 5,000 megawatts have been signed, director of the Infrastructure Department at the Iranian Mines and Mining Industries Development and…

Iran will not distance itself from result-oriented talks on the revival of the 2015 nuclear deal while constantly working toward neutralizing western sanctions, the Iranian top diplomat said.…

Major indicators in Tehran’s share market eked out gains in the last trading week that ended on Wednesday amid persistent capital outflow by retail investors.  The main index of Tehran…

Iraq’s government has paid $1.6 billion of its debt related to natural gas from Iran, the Iranian Oil Minister Javad Owji said.  "After months of negotiations and diplomacy we received $1.…

Traders at the Iran Mercantile Exchange are showing rare   interest in options contracts since the past three months.  Investors traded 440,000 options contracts since the beginning…

After allowing non-oil exporters to sell their foreign currency at “negotiated rates” earlier in the week, the Central Bank of Iran extended the move to other forex sellers.   In a bylaw…

Iran and Turkey traded $1.92 billion worth of goods in the first four months of 2022 to register a 46.8% year-on-year rise, latest data by the Turkish Statistical Institute show. Iranian…

The Ministry of Industries, Mining and Trade's review of the last Iranian year (ended March 20, 2022) indicates the output of 17 products (out of 29 under review) registered growth compared to…

Citizens of any society, including Iranians, do not need to be John Locke [English philosopher and physician, widely regarded as one of the most influential Enlightenment thinkers] to know that…

Mandatory pricing is one of the obsolete methods of controlling inflation, said Mehrad Ebad, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture, in a write-up for the…