Emir of Qatar Sheikh Tamim bin Hamad Al Thani expressed satisfaction about the signing of “very important” memorandums of understanding with Iran, saying their implementation must be seriously…

Iran traded 50.04 million tons of goods worth $25.32 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s…

New data released by the Statistical Center of Iran show the annualized inflation has maintained its monthly downtrend after registering a high of 45.4% in the month ending Oct. 22.

Composer and theorist Peyman Soltani was appointed as the ambassador to the newly established non-profit organization Center for Music Diplomacy. The NGO, founded in January, is co-hosted in…

Writer and literary translator Siavash Saadlou was awarded the 55th annual Cole Swensen Prize for his translation of “Tomorrow, to Iran,” written by the renowned Iranian poet Mohammad-Ali…

No 2101

Tehran stocks closed trading session lower on Sunday as shares in majority of commodity and export companies tumbled following steep decline in currency prices.  The market cap-weighted…

The Majlis on Sunday approved provisions of the next fiscal budget bill that require the government to set aside a bigger share of energy export revenue for the National Development Fund of Iran…

Extending previous losses, forex rates plunged further in Tehran on Sunday following new reports on the progress in the Iran nuclear talks in Vienna.  The US dollar was traded at 256,300…

Saudi Arabia’s foreign minister said on Saturday the kingdom was looking to schedule a fifth round of direct talks with Iran despite a “lack of substantive progress” so far, and urged Tehran to…

Thanks to the strategic importance of copper in the future of world economy, investment in the industry has a bright outlook, says managing director of the National Iranian Copper Industries…

Banks should increase the share of housing loans from their total loans by four times to help meet the government's housing action plan, the CEO of Bank Maskan (main housing bank) said. 

Despite the significance of the UAE in Iran’s foreign trade, the two countries have yet to forge an agreement to avail themselves of preferential trade tariffs, says Farshid Farzanegan, former…

About 500,000 smart meters have been installed across Iran for high-consuming subscribers and the installation program will continue until next summer, a spokesperson for Power Generation,…

Oil Minister Javad Owji left Tehran on Sunday to accompany President Ebrahim Raisi to attend the Sixth Summit of Gas Exporting Countries Forum planned in Doha, Qatar, on 22 February. Russia,…

A new small-scale power plant with distributed generation system operated by the Khuzestan Regional Electricity Company joined the national electricity grid on Sunday, the head of provincial…

The new Iranian government is a pragmatic and result-oriented one and is, therefore, ready to fortify constructive, sustainable and viable relations with all countries on the basis of mutual…

Iran’s daily death toll driven by the Omicron variant of the coronavirus continued to climb on Sunday with fatalities reaching 242, the highest overnight record since September.  Sunday’s…

Foreign Minister Hossein Amir-Abdollahian and United Nations Secretary-General Antonio Guterres met on Friday on the sidelines of the Munich Security Conference where they discussed a range of…

President Ebrahim Raisi will travel to Doha next week for talks with senior Qatari officials. Accompanied by a delegation of senior officials, including the ministers of foreign affairs, oil,…

Leaving behind a lukewarm week, Tehran’s stock market again entered another period of looming uncertainty on Saturday. In choppy trade the benchmark of Tehran Stock Exchange, TEDPIX, lost 282.…

Head of the Iran Chamber of Commerce Industries Mining and Agriculture (ICCIMA) says banking restrictions are impeding funds for the struggling production sector. 

Central Bank of Iran data show a sharp increase in bad checks in the month to January 20 while there was no significant change in overall check transactions.  Total value of checks…

New data released by the Iranian Steel Producers Association show the output of semi-finished products stood at 23.21 million tons during the current fiscal year’s first 10 months (March 21,…

A total of 3.4 million tons of cement and 7 million tons of clinker were exported from Iran during the current Iranian year’s first 10 months (March 21, 2021-Jan. 20), according to the secretary…