In the ongoing parliamentary debate on the proposed 2022-23 budget, MPs have given the okay to the government to sell unwanted real estate via the Iran Mercantile Exchange.  Accordingly,…

According to the new “Population Youth Plan”, couples who have had their third child since Nov. 22 will be eligible to receive government incentives such as free residential land in new towns…

The average goods and services Consumer Price Index of “tobacco” in the 12-month period ending Feb. 19, which marks the end of the 11th month of the current Iranian year, grew by 36.8% compared…

IranAir plans to add five new flights from Kerman, Mashhad, Shiraz and Tabriz to the Syrian capital Damascus during the Norouz holidays (starting March 21), according to Hossein Jahani, an…

Iran Chamber of Cooperatives’ latest monthly report on Purchasing Managers’ Index for the construction sector signifies an improvement after three consecutive months of contraction. The…

Bushehr-Dubai flights have resumed after three years when a flight was operated on this route on March 5, according to a local official. The flights are scheduled to run every week on Saturdays…

The government started offering stakes in the two main football clubs, Esteghlal and Persepolis, on Sunday. Subscription started in the morning and within two hours Esteghlal sold 167,403,903…

Listed government-controlled companies will pay 290 trillion rials ($1.1 billion) in dividends to shareholders of the so-called Justice Shares before the yearend on March 20, said a board member…

A record high of 2,770 trillion rials ($10.8 billion) in tax revenues were collected over the 11-month period ending Feb. 19, indicating a 60% increase compared with the corresponding period of…

The inflation rate will fall below 25% in the next Iranian year (starting March 21, 2022) unless special conditions prevail, says Vahid Shaqaqi-Shahri, an economist and university professor…

President Ebrahim Raisi on Saturday promulgated the law to transfer water from the Sea of Oman to Sistan-Baluchestan Province. The parliament authorized the start of construction work on a…

The National Iranian Oil Refining and Distribution Company and Tejarat Bank have signed a memorandum of understanding for building a pipeline to supply petroleum products to the country’s…

Although water transfer from the Persian Gulf to Sirjan in Kerman Province eased the water crisis in industries like Golgohar Mining and Industrial Complex, other parts of the region are still…

A domestic knowledge-based company has produced tire drums that ensure tire safety and balance, which also determines the final product’s quality, more efficiently than its foreign counterparts…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei planted saplings in Tehran on Sunday to mark National Week of Natural Resources and National Tree Planting Day.

Iran and the International Atomic Energy Agency in a joint statement announced the details of their recent agreement on clarification of outstanding safeguards issues about the country’s nuclear…

China announced a gross domestic product growth target of “around 5.5%” for 2022, as an annual parliamentary meeting gets underway.

Premier Li Keqiang revealed the figure in a speech…

After months of promises and delays, the two main Iranian football clubs, Esteghlal and Persepolis, will go public on Sunday.  People were asked to subscribe during a press conference held…

The managing director of Iran Fara Bourse, the junior equity exchange, says abrupt expansion of daily price spread in the stock market is not a wanted approach. 

Exports from Mazandaran Province reached $253 million in the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), registering a 60% year-on-year growth, according to a local official…

Foreign exchange rates continued to slide Saturday in Tehran’s free market, mostly under the influence of positive reports on the Iran nuclear deal talks in Vienna.   

The Majlis has let the government settle parts of its debt to public and private entities by divesting it shares in state-owned companies.  During a parliamentary debate on the 2022-23…

Loading and unloading operations at Iran’s 22 major commercial ports in the south and north of the country saw 19% growth during the current Iranian year’s 11 months (March 21, 2021-Feb. 19)…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 3.6% in the 11th month of the current Iranian year (Jan. 21-Feb. 19), unchanged compared…

The number of imported cars, which has been discussed intermittently by the Majlis Joint Commission as part of the fiscal 2022-23 budget bill, has been ratcheted up to 70,000.  This issue…