United Nations Secretary-General Antonio Guterres expressed hope for the continuation of talks on the revival of the 2015 nuclear deal and conclusion of a favorable agreement. 

Tehran stocks opened trading week Saturday on a strong note amid increasing participation of retail investors.  The benchmark of Tehran Stock Exchange, TEDPIX, gained 14,078 points or 0.92…

Insurance companies generated 115 trillion rials ($4.11 billion) in premium income in the last fiscal year (March 2021-22) posting 41% growth on the year before. Data released by the Central…

The Central Bank of Iran said the ratio of non-performing loans improved in the third quarter of the last fiscal year (Oct. 22-Dec. 21, 2021).   The ratio of NPLs to total loans stood at 7…

Banks will accept forex deposits and pay interest in cash in the same currency, the Central Bank of Iran said.  In a press statement posted on its website, the central bank said that the…

A total of 11.69 million tons worth $7.41 billion of steel were exported to 59 countries in fiscal 2021-22 (ended March 20), according to the Iranian Mines and Mining Industries Development and…

Iran’s trade turnover with the US reached $15 million in the first three months of 2022 to register a 54.64% growth compared with the year before. Latest data released by the US Census Bureau…

The recently imposed export duties on mineral products is a short-term measure taken by the government and is aimed at regulating the domestic market, says Mohammad Sadeq Mofatteh, deputy…

The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending April 20, which marks the final day…

The Russia-Ukraine conflict has driven up global energy prices. 

Car production capacity could be increased by 50%, provided prerequisites created by growth in inflation should be put in place in the current fiscal year (started March 21), secretary of the…

Iran entered a period of dry spells 20 years ago and the long-term drought is expected to last at least for 10 more years, the head of Geological Survey and Mineral Exploration said. “Under…

The gas unit of Qeshm Pasargad Combined-Cycle Power Plant on Qeshm Island, Hormozgan Province, has come on stream to help stabilize power supply in the Persian Gulf’s largest island. “An…

The Eslamabad-e-Gharb Petrochemical Plant, under construction in Kermanshah Province, will convert gas to methanol first and then methanol to propylene and finally propylene to polypropylene,…

A total of 151,000 tons of fishery products worth $535 million were exported from Iran to 21 countries in the last Iranian year (March 2021-22), registering a 23% and 13.83% rise compared with…

Iran traded 60.87 million tons of goods worth $31.9 billion with six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, in the fiscal 2021-22 (ended…

All passengers over 12 years who intend to visit Iran, either Iranian or non-Iranians, are required to be Covid-19 vaccinated and furnish their negative PCR tests that must have been conducted…

More than 3.196 billion retail transactions were processed by the Iranian payment settlement network, known locally as Shaparak, in the first month of the calendar year to April 20. The…

The National Development Fund of Iran, the sovereign wealth fund, is set to resume payment to the Capital Market Stabilization Fund, the CMSF head said.   

An end to years of tension between regional heavyweights Iran and Saudi Arabia is near, Iraqi Prime Minister Mustafa al-Kadhimi said in a recent interview. Iraq, a neighbor to both countries,…

For the first time in Iran, a knowledge-based enterprise has established a specialized waste accelerator center in Gilan Province for solving the waste problem.

Money supply increased 39% in the Iranian fiscal year ending March 20 reaching 48,324.4 trillion rials ($172.5 billion). On a monthly basis, the broad money increased by 2,084 trillion rials ($…

Iranians topped the list of visitors to Turkey during the first three months of 2022 as 502,247 toured the neighboring country during the period to account for 10.24% of all visiting foreign…

The Statistical Center of Iran’s latest report surveyed home and land prices, as well as rent levels, in urban areas during the second quarter of last fiscal year (June 22-Sept. 22, 2021).…

The Iranian National Tax Administration has set the tax exemption ceiling on income for the current fiscal year (March 2022-23) at 672 million rials ($2,400).