The Majlis on Wednesday lifted a ban on taxing interest on bank deposits of legal and institutional bodies.  So far the Iranian National Tax Administration was not allowed to tax interest…

Iran's trade (excluding crude oil exports) with Caspian Sea littoral states stood at 6.34 million tons worth $2.78 billion during the current fiscal year’s first 10 months (March 21, 2021-Jan.…

The Health Ministry lowered the count of cities on red Covid-19 alert from 337 to 184 as the sixth wave of the pandemic, driven by the highly contagious Omicron variant of the coronavirus,…

Statistics released by Iran Airports Company show the aviation sector is recovering from heavy losses suffered since the outbreak of Covid-19. 

Iran Chamber of Commerce, Industries, Mines and Agriculture’s Research Center has criticized a controversial policy based on which private electricity producers are obliged to sell power to the…

The Iranian Parliament has recently decided that businesses located in the country’s free trade zones should pay value-added tax.  Secretary of the High Council of Free Trade Zones and…

Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior US State Department official said on Friday.

Tehran stocks opened trading week on Saturday in negative territory amid renewed selloff in most commodity stocks.  The benchmark of Tehran Stock Exchange, TEDPIX, lost 5,513.97 points or…

A comprehensive database of violations that occur in the stock market has been established in Tehran Stock Exchange and is available on a daily and weekly bases, according to TSE’s supervisory…

The Iranian petrochemical industry's revenue-generating potential notwithstanding, the 60-year-old sector has long been grappling with problems that have slowed down its development, the head of…

The water stored in Karkheh Dam in Khuzestan Province is 1.3 billion cubic meters less than the amount in the dam at this time of last year and Karoun Dam water storage has declined by 1 billion…

The state-owned Bank Maskan - the main housing lender - is coming out of the red and poised to make a profit fiscal 2022-23, a board member said.

On its financial performance, Mohsen…

The Central Bank of Iran's executive board has approved a framework for the regulatory sandbox.  The sandbox will operate under the supervision of a strategic council in charge of setting…

The derivatives market of the Iran Mercantile Exchange hosted deals worth 150 trillion rials ($576 million) in the first 11 months of the current fiscal to Feb. 19. Deals included 6.1 million…

The Governor of the Central Bank of Iran Ali Salehabadi conferred with Mustafa Ghaleb, the governor of Central Bank of Iraq, on Thursday in Tehran.  They discussed promoting bilateral…

No 2104

The Majlis Research Center says the government(s) policy of pricing goods has been an exercise in futility and more often than not has failed to deliver.

Iran's apparent steel usage registered a decline in the current Iranian year’s first 10 months (March 21, 2021-Jan. 20) compared with last year's corresponding period. Apparent steel usage is…

Major producers of aluminum in Iran have registered a 24% rise in output. According to the latest data released by the Iranian Mines and Mining Industries Development and Renovation…

A total of 6.2 million tons of wheat were imported into Iran during the current fiscal year’s first 11 months (March 21, 2021-Feb. 19), according to director general of Sales and Distribution…

Iran’s top negotiator in talks to revive the 2015 nuclear deal said taking the last step to reach an agreement requires extra caution, much perseverance, additional creativity and balanced…

Foreign Minister Hossein Amir-Abdollahian called on western parties in talks to revive the 2015 nuclear deal to show flexibility, in which case an agreement can be finalized soon. He said Iran…

Despite all the progress in recent years, life insurance sector in Iran still falls short of the expansion targets. Insurance authorities believe that insurance firms need to accelerate their…

The last bond auction held by the Central Bank of Iran for the government on Tuesday generated 56 trillion rials ($215 million). Investors had shunned debt market for several weeks. However,…

The parliament late on Tuesday approved parts of the 2022-23 budget bill that sets government revenue from bonds. Accordingly, state-owned companies can issue a maximum of 100 trillion rials ($…