No 2134

Omicron subvariants BA.4 and BA.5 are circulating at low levels in several countries within Southern Africa and Europe, according to the World Health Organization.

The number of active trading codes in the stock market has shot up in the past two years, surging to 37.5 million by the end of the last fiscal year to March 20.  This was 260% higher from…

The Central Bank of Iran has announced new regulations for  the import/export of gold and other precious metals. Importers of gold and precious metals will have to go through three stages…

The Industry Ministry and the Central Bank of Iran are stepping up efforts to expand the supply chain finance (SCF) program.  CBI Governor Ali Salehabadi, Minister of Industry Reza Fatemi-…

The employment rate was 36.6% (23.17 million) in the fourth quarter of last Iranian year (Dec. 22, 2021-March 20), down 0.3% compared with the same quarter of the previous Iranian year, latest…

The Ministry of Industries, Mining and Trade's review of last Iranian year’s 11 months to Feb. 19 shows the output of five mineral products (out of 12 under review) registered growth compared…

Mazandaran Province’s foreign trade hit $1.52 billion in the fiscal 2021-22 (ended March 20), registering a 53% growth year-on-year.  Exports stood at $278 million, 53% higher compared…

Live music concerts are starting to reemerge after nearly two years of hiatus. 

The World Bank has once again revised up its forecast about Iran’s economic growth in 2022. In a new report titled “Reality Check: Forecasting Growth in the Middle East and North Africa in…

Iran traded 92.79 million tons of goods (excluding crude oil exports) worth $47.02 billion with the Organization of Islamic Cooperation’s member states during the 11 months to Feb. 19, data…

The decline in Iran’s GDP and per capita consumption during the 2010s should be chiefly blamed on the waning capital formation, Ali Cheshmi, an economist and university professor, said in an…

The third phase of Ghadir Water Supply Project that is underway in Khuzestan Province has progressed by 53%, managing director of the National Water and Wastewater Engineering Company (Abfa)…

An estimated 359 billion kilowatt-hours of power have been produced over the last 12 months, of which 91% were generated in thermal power stations, director of planning at TPPHC said.

Over the past week, the number of cities on coronavirus red alert surged by 21 to 55, according to the Health Ministry, following nationwide school and university reopenings as well as…

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to…

Iran’s trade with the US reached $7.1 million in the first two months of 2022 to register a 39.22% growth compared with the year before. Latest data released by the US Census Bureau show that…

The bearish trend in the last fiscal year that ended on March 20 hurt government tax revenue as share trade dropped substantially.  Unlike the spectacular performance a year before, the…

A total of 6.15 million passengers were transported in the marine sector during the Iranian New Year holidays from March 16 to April 4, registering a 377% rise compared with the similar period…

The Purchasing Managers’ Index for Iran’s industrial sector rose for the second month in a row in the last fiscal year’s 12th month (Feb. 20-March 20, 2022), new data released by the Statistics…

The Securities and Exchange Organization said the daily price band in the share market will increase by 1% from Monday.  The Tehran Stock Exchange and the junior equity Exchange Iran Fara…

Iran Tax Administration says it is determined to implement the law to tax transactions via point-of-sale (POS) terminals  by next March. 

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 6.96 million tons worth $3.07 billion during the 11 months to Feb. 19, according to the Islamic Republic of…

Tehran Province, wherein lies the capital city, saw the lowest unemployment rate of 6% among all Iranian provinces in the fourth quarter of last Iranian year (Dec. 22, 2021-March 20) while East…

The review of the decade ending fiscal 2021-22 shows Iran experienced the highest inflation of 40.2% in the same year, the Economic Studies Department of Tehran Chamber of Commerce, Industries,…