The government is preparing a regulatory framework for trading cryptocurrency and cryptoassets, but no decision has been made to allow trade in digital assets in the capital market, head of the…

More than 7.23 million tons of goods worth 599 trillion rials ($2.1 billion) were traded in the spot market of Iran Mercantile Exchange in the last calendar month to April 20.  This was up…

As per the proposal of the Ministry of Roads and Urban Development, the Market Regulation Headquarters and the Consumers and Producers Protection Organization have agreed to increase…

Iran traded 1.73 million tons of non-oil goods worth $1.25 billion with Latin American countries in the fiscal 2021-22, latest data released by the Islamic Republic of Iran Customs…

Exports from Kermanshah Province hit $2.7 billion in the fiscal 2021-22 (ended March 20), registering a 15% growth compared with the previous year, according to a local official. “The province’…

Iranian entrepreneurs are ensnared by government red tape far more than their counterparts in the neighboring countries, says Ali Naqib, the head of the Association of Tehran Province…

A total of 194,000 tons of different kinds of pulses were imported in the last Iranian year (March 2021-22), registering a 125% rise compared with the previous year, according to the secretary…

Iran’s trade with China hit 8.88 million tons worth $8.46 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 24% and 55% year-on-year growth in weight and…

The unexpected announcement of a fivefold increase in the price of flour used by food factories has led to their procrastination in purchasing raw materials.  They are expected to suspend…

A knowledge-based company has designed and manufactured a multifunction transducer that can be used to monitor the power grid in large and small industrial complexes. “In digital devices,…

SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airline told CNBC it plans to offer to…

As long as gasoline demand is not managed efficiently, other strategies on the supply side such as importing the fuel, building new refineries or upgrading old facilities will not yield the…

The National Iranian Drilling Company drilled 11 gas and oil wells in the oil-rich regions of Iran during the first month of the current Iranian year (March 21-April 20), the deputy director of…

The severe drought Iran experienced last year has continued in the current year (started March 21) and the two consecutive dry years have caused water levels in the dams to fall, said the…

China’s Minister of National Defense Wei Fenghe will visit Tehran on Wednesday for talks on regional and international issues. Heading a high-ranking military and defense delegation, the…

Iran’s ambassador to the United Nations denounced the latest bout of Israeli aggressions against the al-Aqsa Mosque and warned the regime of the consequences of its actions, stressing that the…

Tehran stocks closed Monday in positive territory with large caps making slight gains but small caps in better shape.  The benchmark of Tehran Stock Exchange, the market cap-weighted…

Three months after the last initial public offering, an internet service provider said it plans to go public on Wednesday.   According to a notice seen on the Tehran Stock Exchange…

The average Consumer Price Index for rent levels of residential homes in urban areas of Iran during the four-quarter period to March 20, which marks the end of winter, increased by 26.9%…

Bank Melli Iran, largest government-owned commercial bank, aims to increase the number of smart branches, launch a digital banking application and increase POS terminals. Bank managers and BMI…

The Central Bank of Iran on Monday informed commercial lenders about new instructions related to microloans.  Applicants can now borrow up to 2 billion rials in microloans, it said. As per…

Governments in Iran always intensify supervisory activities in an attempt to control inflation whereas inflation will remain in place as long as the factors causing it continue to exist, Vahid…

One of the reasons behind the high tire production cost is the high tariff levied on imported raw materials, which also impacts tire price, a spokesman for the Iranian Tire Industry Association…

Iran’s foreign trade, excluding crude oil exports, hit 41.52 million tons worth $29.55 billion in the fourth quarter of last fiscal year (Dec. 22, 2021-March 20), registering a 14% and 37% year-…

The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending April 20, which marks the last day of the first month of the fiscal 2022-23, increased…