The ceiling on housing construction loans for professional real-estate developers in Tehran and 11 other cities increased by 30% to reach 6 billion rials ($21,428).  According to Mahmoud…

About $7 million have been invested for the construction of Balakhanlou Dam in Buin-Zahra City, Qazvin Province, and it is expected to be completed by 2023, the energy minister said.

Oil prices were mixed on Friday as China's Covid-19 lockdowns and supply disruption fears weighed on the outlook for crude demand, as Western sanctions curb crude and products exports from…

The National Iranian Oil Company is ready to conclude agreements worth $700 million with knowledge-based companies to enhance the production of 750 oil and gas wells across the country, managing…

On the eve of the International Quds Day on Thursday, President Ebrahim Raisi said Iran intended to cultivate friendship with Muslim nations.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said all compromise plans with the Zionist regime have been voided thanks to the expansion of the resistance movement across the…

A review of performance of forex, gold and stock markets over ten years show that the average returns were higher than the inflation rate.  According to data compiled by the Tehran Chamber…

The Ministry of Industries, Mining and Trade plans to meet car demand by placing imports and higher production on its agenda, the head of the ministry’s Automotive Industry Office said.

The Governor of the Central Bank of Iran Ali Salehabadi says forex repatriation from oil and non-oil exports has improved markedly in recent months.  Speaking on the sidelines of the…

Amin Re, a privatized Iranian reinsurance company, is hopeful about starting cooperation with the Russian National Reinsurance Company (RNRC), the largest reinsurance company in that country.

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.6% in the last month of the first Iranian month (March 21-April 20), unchanged from…

A total of 205.34 million tons of goods were loaded and unloaded in Iran’s 22 commercial ports in the last Iranian year (March 2021-22), registering a 14% rise compared with the year before.

Exports from Khuzestan Province’s customs terminals hit 17.35 million tons worth $6.77 billion in the fiscal 2021-22, registering a 75% and 12% year-on-year growth in weight and value…

Lack of confidence in Iran’s business environment will persist in the fiscal 2022-23 as the easing of Covid-19 restrictions and sanctions remains the only hope of economic players, the latest…

Almost all economists, private sector players and the government believe stability in the Iranian economy can improve the economic situation. 

Domestic passenger traffic in Iranian airports registered a year-on-year growth of 24% in the fiscal 2021-22 (ended March 20), as 28.03 million passengers were flown internally by Iranian…

Close to $60 million are needed to rehabilitate 7,000 qanats in the dry South Khorasan Province, the head of Water Affairs Department of Agricultural Organization said. “Of the total fund, $10…

Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Bulgaria and Poland, while hopes of Chinese economic stimulus buoyed the demand outlook…

The financial statement of the National Petrochemical Company for the fiscal 2021-22 shows the company’s net profit doubled in that year compared to the previous year. The statement, which was…

The National Iranian Oil Company signed 28 contracts worth about $1.5 billion in 2021 with Iranian companies to collect associated petroleum gas in Khuzestan’s oilfields mainly operated by the…

President Ebrahim Raisi in a meeting with Iraqi Parliament Speaker Mohammed al-Halbousi on Wednesday said both countries are determined to boost relations.  “Nothing can break up the deep…

Strengthening relations between Tehran and Beijing can provide security for the region and the world, especially in the current critical and turbulent global conditions, China’s top defense…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei received university students and members of university associations in a gathering on Tuesday, which coincided with the 24th day of…

Tehran stocks opened on a strong note Tuesday with the bull run sweeping through both small and large caps.  The benchmark of Tehran Stock Exchange, TEDPIX, gained 15,532.20 points or 1.03…

The Central Bank of Iran Tuesday issued instructions to lenders updating support policies for small and medium-sized enterprises. While adequate lending to all SMEs is emphasized, the regulator…