Flights between Tehran and Pretoria will be launched by Mahan Air in the third month of the upcoming fiscal year (May 22-June 21), IRNA reported, citing sources in the Iranian Embassy of the…

Iran’s exports to Iraq hit 28 million tons worth $8.22 billion in the first 11 months of the current fiscal year (March 21-Feb. 19), registering a 17% and 20% year-on-year growth in terms of…

Iranian censuses show that despite the increase in the number of home owners, the share of rental housing has increased twofold in as many decades.  This significant growth can be partly…

The Consumer Price Index of “communications” stood at 186.2 for the month ending Feb. 19, indicating a 0.1% decline compared with the month before, registering the only monthly deflation among…

The steam unit of Chabahar Power Plant in Sistan-Baluchestan Province was linked with the national electricity grid on Saturday, the head of Saba Power and Energy Holding, a subsidiary of…

Bandar Abbas Power Plant in Hormozgan Province was built by the Italian company Franco Tosi and until recently 100% of its equipment were imported, managing director of the plant said. “However…

The National Iranian Tanker Company will soon sign a contract with Iran Shipbuilding and Offshore Industries Complex Company in southern Hormozgan Province, based on which the latter will build…

President Ebrahim Raisi on Saturday highlighted the significance of following Covid-19 safety measures over the upcoming new year holidays when families gather in enclosed spaces and trips spike…

In the wake of the deadly strike on two Iranian advisors by the Israeli regime in Syria, Iran’s permanent mission to the United Nations said the Islamic Republic reserves the right to defend…

An official believes that car import is the only solution for streamlining the current unfavorable condition in the automotive market, as he warned about the consequences of prolonging the…

An Iranian knowledge-based company produces ingredients and fillers used by pharmaceutical companies to eliminate the need for imports. Ehya Kimia-e-Shargh Knowledge-Based Company, by producing…

Tehran’s share market showed some sign of recovery in the last trading week that ended on Wednesday as retail investors showed renewed interest. Benchmark of Tehran Stock Exchange, TEDPIX,…

More than 126.6 million bank cards were used at least once during the eleventh Iranian month (Jan. 20-Feb. 19) of the current fiscal year, data released by Shaparak, the company in charge of…

The lowest bond sale was recorded Tuesday in the past three weeks during the weekly auction held by the Central Bank of Iran. Out of the 76.7 trillion rials ($300 million) bonds on offer,…

The Raisi administration has prepared a plan of action in which reforming the banking sector is a key priority. 

A new round of free trade agreement talks between Iran and the Eurasian Economic Union will be held in Tehran this week, according to the head of Trade Promotion Organization.

A new Plasco building was officially inaugurated on Friday by Parviz Fattah, the head of the Mostazafan Foundation of Islamic Revolution. 

The Statistical Center of Iran’s newly released data show the economy grew by 5.1% in Q1-3 of the current fiscal year (March 21-Dec. 21, 2021) compared with the preceding year’s corresponding…

The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, increased…

Minimum wages will rise by 57.4% in the new Iranian year (starting March 21), says Minister of Cooperatives, Labor and Social Welfare Hojjatollah Abdolmaleki.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei underscored the need to preserve the pillars of national strength such as the defensive power, nuclear program and regional…

Oil prices stabilized on Friday and were on track for their biggest weekly drops since November after seesawing on fears of escalating bans on Russian oil versus efforts to bring more supply to…

Oil Minister Javad Owji said more than 45 contracts and memorandums of understanding worth $15.6 billion have been signed in the past six months.

As groundwater resources in Bandar Abbas, southern Hormozgan Province, are depleting, desalination capacity is expected to rise by 43,000 cubic meters per day by November, managing director of…

The top EU diplomat on Friday announced a pause in talks to revive the 2015 nuclear deal, saying his team will remain in contact with all parties to secure the restoration of the agreement.