Trade between Iran and Oman exceeded $1.33 billion in the last Iranian year (March 2021-22), showing a 53% rise compared with the year before. “The figure marks a 20-year record high,” according…

The new phase of a project to transfer desalinated seawater to central Iran for industrial use has registered 65% progress. The second phase of the project to divert water from the Persian Gulf…

The gas unit of Dokouheh Combined-Cycle Power Plant in Andimeshk County, Khuzestan Province, with an F-Class turbine and a capacity of 307 megawatts will become operational before the beginning…

Water stored in dams across Iran has reached 25 billion cubic meters, which are 13% less compared with last year’s level. The overall capacity of dams is 50 billion cubic meters while water…

President Ebrahim Raisi congratulated Shehbaz Sharif on his election as the new prime minister of Pakistan, expressing Tehran’s readiness to promote cooperation with Islamabad in various fields…

A workshop for producing uranium centrifuge parts has started operating in Natanz with machines previously used in a facility in Karaj.

President Ebrahim Raisi called on Iraq to prevent any hostile action, either in territories under the control of Baghdad government or in the Kurdistan Region, which could threaten Iran’s…

The Majlis has passed amendments to rules that government uses to curb forex smuggling, further restricting conditions for trading and holding foreign currencies. The new legislation is an…

The 57.4% increase in minimum wages set for the new Iranian year (started March 21), which unlike previous years was finalized and communicated before last year was out, has drawn a lot of flak…

The Central Bank of Iran said henceforth loans and credit to banks will be possible only if they put appropriate collateral.  “New credit by the central bank to banks and credit…

A total of 4.18 million tons of goods worth $1.84 billion were exported from Iran to neighboring Afghanistan during the last Iranian year (March 2021-22), registering a 40% and 20% decline in…

The Statistical Center of Iran provides two figures for the youth unemployment rate: the proportion of the population between 15 and 24 years and those between 18 and 35 years.    The…

SAIPA Automotive Group has always been a leader in the automotive paint sector, as it uses advanced robots, paints and solvents in accordance with the latest technology. SAIPA uses paint layers…

The average Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending March 20, which marks the last day of the fiscal 2021-22, increased by 46.5%…

Generally, over 30% of the population live in large cities, which makes paying attention to the economic and social aspects of living in large cities inevitable, reads an article by Nasser…

Tehran Chamber of Commerce, Industries, Mines and Agriculture has organized two specialized courses in April. The first course titled “International Marketing” started on Tuesday and continue…

Contract-based cultivation of rice has been launched in Iran this year (started March 21) for the first time and more than 6,322 hectares of paddy fields have joined the scheme so far, according…

A total of 236,000 tons of goods worth $330 million were exported from Bileh Savar Border Crossing, located in the northwestern Ardabil Province, during the fiscal 2021-22 and registered a 10%…

Tehran Stock Exchange-listed mining firms sold 5.54 quadrillion rials ($19.72 billion) of their products in the fiscal 2021-22 (ended March 20), registering a 71% growth year-on-year.

Ticket sales of movie theaters reached 1.58 trillion rials ($5.64 million) in the fiscal 2021-22, indicating an 18-fold increase compared with the year before, according to the Iran Cinema…

The results of a survey conducted by the Renewable Energy and Energy Efficiency Organization (Satba) demonstrate the potential of floating photovoltaic (FPV) systems to contribute to the power…

The second phase of Abadan Refinery expansion plan in Khuzestan Province has registered 92% progress and its completion is expected in summer, the project operator said. 

Foreign Minister Hossein Amir-Abdollahian, his deputy and top negotiator Ali Baqeri Kani and other senior diplomats met members of the Majlis National Security and Foreign Policy Commission on…

Tehran stocks on Tuesday saw the worst day in the past five months as new export duties announced for listed companies hurt sentiment.  The benchmark of Tehran Stock Exchange, TEDPIX, shed…

The managing director of the Securities and Exchange Organization (SEO) Majid Eshqi says new export tariffs announced by the Industry Ministry could harm the financial standing of listed…