Price spread at Tehran’s stock market will be adjusted ±10% starting from the next fiscal year on March 21, said the vice-chairman of board of directors of the Securities and Exchange…

The Iran Energy Exchange (IRENEX) for the first time on Wednesday launched futures contracts backed by energy carriers.    Naphtha and methanol are the underlying assets of the first…

After a brief rally in the session before, foreign exchange rates retreated on Wednesday in Tehran’s unofficial market.  The dollar went as high as 263,500 rials on Tuesday before giving…

The ban on imports of mining machinery has compelled Iran’s large mines to operate at 50% of their full capacity while the country’s small- and medium-sized mines are on the verge of closure,…

The first Tehran-Baku weekly flight after two years of hiatus departed from Imam Khomeini International Airport on March 7 for Heydar Aliyev International Airport, according to the latest…

Iran’s trade with the US stood at $4.9 million in January to register a 75% growth compared with the year before. Latest data released by the US Census Bureau show that Iran did not have any…

Mandatory pricing triggers impulsive demand in the market just like demand for cars in recent years, which is a kind of domestic sanctions on industries, the only winner of which are middlemen,…

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Vehicle import tariffs will remain unchanged in the next fiscal year (starting March 21), a deputy minister of industries, mining and trade said. “The tariff of vehicles that are to be imported…

A total of 27.61 million tons of essential goods worth $17.53 billion were imported during the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), registering a 28% and 60% rise in…

The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending Feb. 19 increased by 26.9% compared…

Oil prices rose on Wednesday as the US ban on Russian oil imports and Britain's plan to phase them out by yearend raised concerns of tighter global supply. Brent crude futures were up $2.17, or…

The Energy Ministry and the Japan International Cooperation Agency discussed ways of expanding cooperation in the fields of water and electricity based on memorandums of understanding signed in…

The total area of glaciers in Iran has reduced by 21% (about 9 square kilometers) compared to 10 years ago, a report by the Water Research Institute said. According to the latest studies,…

At least 60% of filling stations cannot meet their current expenses and are on the verge of insolvency due to high inflation, the head of Gasoline Station Owners Association said.

Iran’s top negotiator in talks to revive the 2015 nuclear deal, Ali Baqeri Kani, returned to the Austrian capital Vienna on Wednesday morning after a short trip to Tehran for consultations with…

Tehran stocks on Tuesday bucked an ascending trend that lasted for three sessions as investor jitters to save gains gave way to selloff pressure. The main index of Tehran Stock Exchange, TEDPIX…

Social Security Investment Company, known by its Persian acronym Shasta, plans to invest 4,000 trillion rials ($15.3 billion) in projects of its subsidiaries, the company’s managing director…

To facilitate microloans the Majlis on Tuesday obliged lenders to diversify assets that can be used as collateral.  The decision was made during the ongoing parliamentary debate on the…

The recent battle between Russian troops and Ukrainian civil defense forces within the confines of Ukraine’s Zaporizhzhia nuclear power plant revealed just how close the world now is to a…

The Industries Ministry signed a memorandum of understating with five banks to involve them in a new plan of action initiated by the Central Bank of Iran to fund industries.   In January…

Insurance companies are still facing hefty medical insurance bills related to the coronavirus pandemic. Latest figures show 83.8% growth in medical insurance payouts during the first 11 months…

One should not anticipate the country to register a dramatic economic growth next year (starting March 21) even if US sanctions against Iran are lifted, says Feryal Mostofi, a member of Tehran…

Political decisions need to be taken within days to end the Vienna talks on reviving the 2015 Iran nuclear deal after 11 months of negotiations, EU coordinator Enrique Mora said on Monday.

The new report on Purchasing Managers’ Index for Iranian industries shows the benchmark has distanced from the threshold, despite the uncertainty in business climate as nuclear talks in Vienna,…