No 2098

A total of 1,731 tons of rice worth $2.3 million were exported from Iran to 27 countries during the current Iranian year’s first 10 months (March 21, 2021-Jan. 20), according to the spokesperson…

Container throughput at Shahid Rajaee Port of Iran stood at 1.44 million TEUs during the first 10 months of the current Iranian year (March 21, 2021-Jan. 20), according to the director general…

Iran’s flag carrier airline, IranAir, announced on Wednesday its new conditions for admitting passengers into Iranian airports in the face of the growing Omicron outbreak.  As Mehr News…

An airport was inaugurated on Greater Tunb Island on Wednesday in the presence of the head of the Civil Aviation Organization, Mohammad Mohammadi-Bakhsh, CEO of Iran Airports Company Siavash…

Over the past month, 110 steel mills have suspended production after the Ministry of Industries, Mining and Trade ordered them to lower their prices, according to Reza Shahrestani, a member of…

A prominent member of the European Central Bank’s Governing Council has said its net asset purchases could end in the third quarter of this year, but tweaks to the bank’s monetary policy could…

Negotiations in Vienna, Austria, to revive the nuclear deal between Iran and world powers, known as the Joint Comprehensive Plan of Action (JCPOA), are likely to culminate in an agreement.…

Five Iranian virtual reality and augmented reality services have been employed to promote inbound tourism in recent years.  Mana, Takht-e Jamshid mixed reality; Iran Virtual Museum,…

Inflation-protected bonds provide protection against inflation; the government will be able to partly fight inflation by issuing these types of bonds.  This was stated by Mehdi Nosrati, an…

The benchmark of Tehran Stock Exchange, TEDPIX, closed trading week on Wednesday in negative territory, shedding 848.28 points or 0.07% to stand at 1,282,475.44. About 3.97 billion shares worth…

Banks continue to help fund the economy while the capital market struggles to improve its footprint financing businesses.  The role of banks had diminished in the past two years due…

Iran and South Korea have held working-level consultations to discuss ways to resolve yearslong disputes over Tehran's assets frozen under US sanctions, Seoul's foreign ministry said Wednesday…

Trade between Iran and Economic Cooperation Organization’s 10 member states stood at 24.76 million tons worth $13.11 billion in the current fiscal year’s first 10 months (March 21-Jan. 20),…

The Bushehr Nuclear Power Plant in the southern namesake city has helped Iran save and export 90 million barrels of oil over the past nine years, a deputy at the Atomic Energy Organization of…

The first regional water market scheme operating in Khaf County of Iran’s Khorasan Razavi Province since last July is a win-win solution to alleviate water scarcity in drought-stricken regions,…

Afghanistan’s excuses not to release Iran’s fair share of joint water resources are not acceptable and Iran is still hopeful that the matter can be resolved diplomatically, the head of the…

Secretary of Iran’s Supreme National Security Council Ali Shamkhani decried the US and the European powers for their failure to honor the 2015 nuclear deal, emphasizing that Tehran will not hold…

The top Iranian diplomat proposed that the US Congress makes a “political statement” of its commitment to a nuclear accord with Tehran as talks in Vienna to revive the deal reach a critical…

Shaparak Company, the Central Bank of Iran affiliated company supervising the domestic e-payment network, recorded 85% decline in phishing cases since the implementation of the mandatory one-…

An estimated 65,000 loans were given in three weeks after the announcement of a rare government initiative promoting collateral-free microloans.  The Economy Minister Ehsan Khandouzi said…

The Money and Credit Council, the main decision-making banking and monetary body, has agreed to extend the repayment period for Qarzol-Hassanah (interest-free microcredit) loans. …

The Securities and Exchange Organization has announced an agreement in principle to launch a Real Estate Investment Trust (REIT) fund, the SEO deputy for supervisory affairs said.  Alireza…

Foreign exchange rates in Tehran have moved upward since the beginning of the Iranian week on Saturday after posting successive declines.  Extending a three-day rising trend, the US dollar…

Corruption is festering and gangrene has set in Iran’s housing market, which condition became symptomatic in the fiscal 2016-17, when the number of vacant homes exceeded two million and prices…