Tehran stocks closed trading week Wednesday lukewarm for the second day amid decline in trade by retail investors. The benchmark of Tehran Stock Exchange, TEDPIX, gained 3,461 points or 0.27%…

Iran’s trade with member states of the Eurasian Economic Union stood at $4.63 billion during the first 10 months of the current Iranian year (March 21, 2021-Jan. 20), registering a 71% growth…

Economist Morad Rahdari has criticized the neglectful approach toward the business environment in an article for the Persian daily Shargh. A translation of the text follows:

Iranian mills produced a total of 2.8 million tons of crude steel in January 2022, registering a 20.3% growth compared with the corresponding period of last year, according to latest data…

The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first nine months (March 21-Dec. 21) shows the output of six mineral products (out of 12 under review)…

The average goods and services Consumer Price Index of “clothing and shoes” in the 12-month period ending Feb. 19 increased by 51.9% compared with last year’s corresponding period. With a…

No 2103

Oman’s Foreign Minister Sayyid Badr Albusaidi expressed hope in his meeting with President Ebrahim Raisi on Wednesday that the top official’s upcoming trip to Muscat could serve mutual interests…

The energy ministers of Iran, Russia and Azerbaijan stressed the need to develop regional cooperation in the energy sector.

Population explosion, massive urban expansion, agriculture issues, rising consumption, waste and climate change have pushed rivalry for sustainable water resources to alarming levels. …

President Ebrahim Raisi called on the international community to prevent and refuse to recognize any unilateral and coercive measure such as the United States’ cruel sanctions against the oil…

Smuggled products constitute around $2 billion or 25% of Iran’s annual apparel market, according to the secretary of Textile and Apparel Producers and Exporters Union.

An economic crisis is not similar to a cardiac arrest or stroke because basically it is not accidental; it is the culmination of a process.

Iran and the European Union’s 27 member states traded €4.86 billion worth of goods in 2021, registering a 9.09% growth compared with the year before. Bilateral trade grew by 20.07% in December…

Iranians have proposed the idea of building what would be the world’s longest tunnel, providing it with a physical connection to Qatar across the waters of the Persian Gulf.

Iran and Syria signed on Monday a memorandum of understanding on bilateral cooperation in the fields of administrative affairs and employment.

The Majlis on Tuesday allowed the government to take a $5- billion loan from Russia for development projects. The money is set to be used for completing development projects namely…

Data released by the Central Bank of Iran show that the growth in key indicators of monetary aggregates, namely monetary base and money supply, are losing pace. In a report on economic trends…

After sustaining hits in the beginning of trading week on Saturday, forex rates reversed course in the past two sessions along with the domestic bullion market. The US dollar clawed back near…

Tehran stocks closed Tuesday slightly higher thanks to the rally in transportation, refinery and some other commodities. The main index of Tehran Stock Exchange, TEDPIX, gained 3,287 points or…

A possible rapprochement between Saudi Arabia and Iran would be a positive move for the region’s development and will help settle a number of conflicts, including the situation in Syria, Lebanon…

No 2102

Subsidiaries of the Persian Gulf Petrochemical Industries Company signed 200 memorandum of understanding worth $600 million with domestic manufacturers at the third exhibition and convention to…

More than 7.5 million tons of foreign goods were transited through Iranian roads during the first 10 months of the current Iranian year (March 21, 2021-Jan. 20), registering a 103% rise compared…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned lawmakers about passing legislation that put banks under additional financial pressure.