E-trust symbol will no longer be a precondition for receiving the online payment gateway, Iran Fintech Association announced.

An Iranian engineering consulting company won an international tender to carry out an integrated water resources management (IWRM) project in India. According to IRNA, the privately-run Mahab…

Efforts are underway to increase the production capacity of South Azadegan Oilfield in Khuzestan Province by 15,000 barrels per day by the end of the current Iranian year (March 20), managing…

Iranians took to the streets on Friday to mark the 43rd anniversary of the 1979 Islamic Revolution. The rallies on the national holiday began at 9:30 a.m. local time across the country on…

President Ebrahim Raisi told foreign diplomats on Thursday that having maximum interaction with neighbors, allies and like-minded states are among his foreign policy priorities. Raisi made the…

While the Biden administration has seemingly sought to avoid raising expectations, there are signs that some of the parties believe they could know as early as next week whether an understanding…

China supports Iran’s principled position of continuing to seek resolution of the Iran nuclear issue through negotiations, Wang Qun, permanent representative of China to the United Nations in…

Tehran Stock Exchange’s primary index TEDPIX added 106 points or 0.1% during the trading week that ended April 5 and stood at 77,690.

IFX, the main index of over-the-counter market Iran…

The National Development Fund of Iran is making progress in collecting unpaid debts by private companies, a deputy with the sovereign wealth fund said.  In a press release seen on the NDFI…

Latest figures released by the Central Insurance company of Iran, the supervisory authority of the industry, show the critical status of medical insurance with its loss ratio crossing 106% in…

The government has no contingency for marriage loans which are set to double in the March 2022-23 fiscal year, a senior banker said.  Mohammad-Reza Jamshidi, the secretary general of the…

After three weeks of investor aversion to bonds offered by the government, buyers returned to the weekly auction and bought 27.1 trillion rials ($102 million).  Banks and investors in the…

Iran’s trade with the US stood at $40.6 million in 2021 to register a meager 1% growth compared with the year before. Latest data released by the US Census Bureau show Iran’s exports stood at $…

The Producer Price Index for the electricity sector during the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current fiscal year, increased by 30.6%…

Iran Chamber of Cooperatives’ latest report on Purchasing Managers’ Index for the construction sector indicates that it is experiencing contraction. The construction PMI in the current fiscal…

Twelve industrial groups have called for a temporary suspension of the initiative requiring the total production costs to be printed on goods and products in a letter to President Ebrahim Raisi…

Economy’s lost decade is a phrase we often hear these days.  The 2010s saw Iran’s economy tailspin. These years will be remembered as the time of uncertainty about future, drastic decline…

Oman’s Minister of Commerce, Industry and Investment Promotion Qais Mohammed Al Yousef received Iran’s Minister of Industries, Mining and Trade Reza Fatemi-Amin in Muscat on Tuesday. The two…

Iran’s foreign trade, excluding crude oil exports, stood at 11.18 million tons worth $8.15 billion in the 10th month of the current fiscal year (Dec. 22-Jan. 20), registering a 19% year-on-year…

Air quality was “good” for only four days in the past one year (February 2021-22), charts published by Tehran Air Quality Control Company’s website, Airnow.tehran.ir, show.  Also, 251 days…

President Ebrahim Raisi inaugurated Ibne Sina Petrochemical Company in Mahshahr, Khuzestan Province, via videoconference on Wednesday. Costing $50 million, the facility was constructed in five…

Ghadir Oxin Electricity Development Company and the Hormoz Combined Cycle Power Plant in southern Hormozgan Province signed an agreement in Tehran on Tuesday, based on which the former is tasked…

Khazar Exploration and Production Company (KEPCO) and PetroIran Development Company signed a memorandum of understanding on Tuesday to explore and develop hydrocarbon resources in the Caspian…

Iran on Wednesday began rolling out Covid-19 jabs for kids over the age of five as part of the second phase of a plan to immunize children against the pandemic.  “Vaccination of children…

European diplomats are optimistic about efforts by Iran and the US to close remaining differences on steps to revive the 2015 nuclear deal in the near future, EU high representative for foreign…