Iran has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman. The country sits on one of the world’s largest gas reserves that Oman has been eying, as it…

Close to 200,000 gasoline-powered public transportation and commercial vehicles have been converted into compressed natural gas hybrids over the past two years, a member of the Iran CNG…

The president of the European Central Bank, Christine Lagarde, has made it quite clear about her position on the value of cryptocurrency assets in a recent interview.

Tehran stocks opened trading week on Saturday under selloff pressure and the benchmark of Tehran Stock Exchange, TEDPIX, retreated further away from the 1.6 million points reached last week.…

Private companies have been complaining that the government apparently failed to anticipate the challenges manufacturing units would face after it ended the policy of allocating subsidized…

Policy and decision makers, experts and authorities attending the First International Conference on Privatization in Iran are unanimous in their views that the current privatization plans and…

An estimated 5,140 small and medium-sized companies took out loans from banks in the last calendar year that ended in March. According to the Ministry of Industry, Mining and Trade, which is in…

A total of 5.77 tons of caviar were exported from Iran to 33 countries in the last Iranian year (ended March 20, 2022), registering a 65% increase compared with the year before, an official with…

The Central Bank of Iran says the economy grew by 5.7% in the third quarter of the fiscal 2021-22 (ended Dec. 21, 2021). According to the bank, the “oil industry” saw 5.4% growth, “industries…

A total of 9.06 million tons of wheat and unprocessed edible oil worth $5.23 billion were imported in the fiscal 2021-22 (ended March 20), the Government Trading Corporation has announced.…

The Producer Price Index for the services sector reached an all-time high in the winter of last fiscal year (ended March 20, 2022).  The average Producer Price Index for the services…

To improve the quality and safety features of domestic cars, the Institute of Standards and Industrial Research of Iran has obliged domestic automakers to follow 15 directives, according to…

Iran Water Industry Federation’s assessments rank the country among the top three with the highest land subsidence rate caused by the substantial decline in groundwater resources, a board member…

Arvand Petrochemical Company in Mahshahr, Khuzestan Province, plans to increase its annual production of polyvinyl chloride (PVC) to over 640,000 tons, which can help develop downstream…

The second steam unit of Ferdowsi Combined Cycle Power Plant in Mashhad, Khorasan Razavi Province, will come on stream in summer, managing director of the plant said.

Current and former European officials are expressing growing frustration and alarm that the United States may let restoration of the Iran nuclear pact fail over what they see as the Biden White…

Iran’s top diplomat said Tehran is determined to reach a strong and lasting agreement in Vienna talks, which is aimed at reviving the 2015 nuclear deal with world powers.   

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The Governor of Central Bank of Iran Ali Salehabadi says the government should first reimburse its mounting debt to banks to help them improve their financial adequacy.  In a tour to East…

The Central Bank of Iran has ordered the Iran Credit Scoring Institution (ICSI), the only of its kind authorized to offer credit assessment, to restrict its services to banks and authorized…

Shares of small-sized companies lagged behind large caps in the last Iranian trading week that ended on Wednesday.  Emerging as big winners for several weeks, small caps have lost traction…

The Central Bank of Iran said it will resume selling government bonds to secure funding for budgetary needs.  In a press release posted on its website, the CBI said it will hold an auction…

Iran’s location at the East-West crossroads was the reason behind the incursions of tribes and attacks on its civilizational and cultural achievements. 

Brazil will replace Ukraine as a supplier of raw materials for animal feed production and measures have been taken to start importing from the South American country in the coming months, says…

About 5,500 tons of goods worth 100 trillion rials ($330 million) were exported from Imam Khomeini Airport’s Customs Office in the last Iranian year (March 2021-22), according to an IKIA customs…