Palladium could extend this year's near 30% price decline, as the rapid rise of electric vehicles threatens to hammer demand for the auto catalyst metal at a time broader economic weakness and…

Ford will receive $9.2 billion as part of a conditional loan from the US Department of Energy to aid in the construction of three huge electric vehicle battery factories, the agency announced on…

While some experts believe car imports will help reduce prices in the domestic market, others believe they will have the opposite effect. After car prices peaked in the last two months, the…

The average annualized inflation in the third month of the current Iranian year (May 22-June 21) stood at 48.5%, down from 49.1% in the previous month, the Statistical Center of Iran said in a…

During his recent visit to Washington to meet the officials of the International Monetary Fund, the Central Bank of Iran’s Governor Mohammad Reza Farzin spoke of a plan to reduce inflation to 30…

The Central Bank of Iran has denied any change in the agenda of the Crypto-Rial project.

According to the CBI public relations department, the regulator is working on its Central Bank…

Bank Sepah and the Bank of Industry and Mine (BIM) collectively account for the than 56% of the total non-performing loans, during the last fiscal year finished in March 2023.

The Central Bank of Iran said €12.7 billion was supplied to the market via the Iran Center of Exchange (ICE) after it launch in late February.

From the total forex offered via the ICE…

Tehran’s floating solar farm injected more than 1,000 megawatt hours of electricity to the national power grid in 2022, the deputy head of operations at the National Water and…

China's oil product exports rose sharply in May with the resumption of gasoil sales to Europe and several rare gasoline shipments made within the Asian market amid growing need for some…

In the first volume of the World Energy Transitions Outlook 2023, the International Renewable Energy Agency calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C…

Oil dropped for a second day on Friday and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower US crude stocks and other…

Abadan Petrochemical Complex in Khuzestan Province has planned projects to increase its profitability, the managing director of the company said. 

To bolster gas supply to eastern provinces, operations to extend a gas pipeline from Dashtak County in Sistan-Baluchestan to Nehbandan and Sarbisheh counties in South Khorasan…

German Intelligence Agency Bundesnachrichtendienst (BND) has released a non-fungible token (NFT) collection to recruit talent through a gamified blockchain treasure hunt.

Microsoft Corp on Wednesday introduced a new computing service aimed at helping chemical companies speed up the research and development of new materials.

A domestic company has produced a lightweight, foldable electric wheelchair to help the elderly and disabled people. Easy Mobile wheelchairs could also be used by overweight people and patients…

Iran’s representative to the UN office and other international organizations in Geneva denounced a “biased” report by the world body on the human rights situation in Iran, saying the allegations…

A European Union senior diplomat said that for the bloc, Iran’s 2015 nuclear deal is “the best possible”, if not the only, framework to address the non-proliferation concerns of the…

Momentum appears to be building to revive negotiations around Iran’s nuclear program. Talks between Iran and the European Union on Wednesday focused on key sticking points, including nuclear…

The president of the United Arab Emirates met with Iran’s visiting foreign minister on Thursday in the latest sign of improving relations between Persian Gulf Arab countries and the Islamic…

No 2457

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the Palestinian land belongs to all Muslims so it is upon them to work for its liberation. 

Foreign Minister Hossein Amir-Abdollahian said the Persian Gulf region has now passed through the stage of mere dialogue and has entered the phase of multiple and multilateral collaborations.…

President Ebrahim Raisi said his administration does not tie the country’s progress to the ongoing talks aimed at the removal of US sanctions against Tehran. He made the remarks during a…