Iran’s foreign trade, excluding crude oil exports, stood at 162 million tons worth $100 billion in the fiscal 2021-22, registering a 38% rise in value compared with the year before, according to…

Every drop should count in Iran not only due to the unequal distribution of water resources but also because of uncertainties about precipitation, and the tough challenge can be tackled through…

Attracting domestic and foreign investments for the development of upstream oil and gas sectors tops the Oil Ministry’s priority list, as it is essential to ensure the security and supply of…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei extended congratulations on Norouz festivities and named the new Iranian year the year of “knowledge-based, job-creating production…

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The Statistical Center of Iran has reviewed changes in prices of commodities exported from and imported to the country in the third quarter of the current fiscal year (Sept. 23-Dec. 21, 2021).…

Uncertainty has been the deadliest disease of Iran’s economy for over a century and will likely remain the staunch enemy of production and economic growth in the next decade, says Mohsen…

Cryptocurrency and its underlying technology blockchain are seen as efficient solutions for improving economic conditions in underdeveloped regions. However, data has it that crypto-related…

The Central Bank of Iran on Wednesday announced new foreign exchange rates based on which commercial banks should convert their currency assets. According to a press release posted on the CBI’s…

Iranian lenders granted loans worth a total of 25,432.9 trillion rials ($97.8 billion) to businesses in the course of eleven months since the beginning of current fiscal year (March 21- February…

The number of vehicles scrapped in the fiscal 2021-22 has exceeded 30,000 vehicles and according to an official, the number of cars scrapped in the second half of the current fiscal year (ending…

Hamedan, the capital of the namesake province, and Sanandaj, the capital of Kurdestan Province, are among Iranian cities that have been dealing with water issues for years.  Although…

The National Iranian Oil Company has assigned Iran Marine Industrial Company (SADRA) the task of completing the third development phase of the South Pars Gas Field's oil layer, managing director…

Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia's invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market…

Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned. …

Although daily gasoline consumption in Iran has exceeded 100 million liters since March 16, there are no worries regarding the fuel supply during the Norouz (Iranian New Year) holiday season…

China’s foreign minister said Beijing always supports an early agreement between Iran and the United States on resuming compliance with the 2015 nuclear deal, known as the Joint Comprehensive…

Iran’s foreign debt reached $8.47 billion by the end of the calendar month to January 21.  According to Central Bank of Iran data, the amount was 7.3% lower compared to the beginning of…

The Securities and Exchange Organization on Tuesday unveiled four new platforms to improve its oversight of stock market trade.  Mehdi Parchini, head of the supervision department of the…

The Central Ban of Iran on Tuesday again warned banks and credit institutions not to violate caps set on interest rates.  In a press release posted on its website, the regulator said…

Direct flights from Iran’s Kish Island to Qatari capital, Doha, is scheduled to be launched concurrent with the FIFA World Cup 2022, according to the secretary of the Supreme Council of Free…

The US dollar exchange rate was around 260,000 rials last March. Now it still hovers around this figure and some days it dips even lower, registering a zero percent growth. 

A total of 388,405 tons of different types of dates worth $296 million were exported from Iran to 85 countries in the last Iranian year (March 2020-21), according to the head of the Agriculture…

With the arrival of two new Covid-19 vaccine shipments, the total import volume has exceeded 158 million doses since January 20, 2021, says the spokesman of the Islamic Republic of Iran Customs…

The Statistical Center of Iran has published new data on the number of building permits issued in Tehran and in other urban areas of the country.