The National Iranian Oil Company concluded an agreement with the Tehran-based Dana Energy Company on Sunday to develop the onshore Sohrab Oilfield near the Iran-Iraq border in the southern…

The United States needs to reverse its course of action with regard to the 2015 nuclear deal and Iran will wait to see this change of behavior in a practical manner, a senior Iranian diplomat…

The Health Ministry on Monday reported 104 coronavirus-related mortalities, the first time Iran sees three-digit daily deaths in nearly 60 days.  The recent surge in hospitalizations and…

A total of 1,701 tons of raw silk cocoons were produced in spring and autumn, which marks a 13-year record high, according to the head of Iran Sericulture Expansion Center affiliated with the…

The construction of the new road bridge over Astarachay River on the border between Iran and Azerbaijan is estimated to cost $4.8 million, says the deputy head of the Construction and…

Iran is an industrial country that remains engulfed in the Second Industrial Revolution, as far as its construction industry is concerned. 

After a bull-run week, Tehran stocks trimmed some of the previous gains on Sunday amid a fresh wave of panic selling by retail investors.  The benchmark of Tehran Stock Exchange, TEDPIX,…

The Central Bank of Iran is working on measures to help attract more foreign currency to the banks. Ahmad Lavasani, head of the High Council of Iran Exchange Shops Union, says the CBI will…

Private banks have a minimal role in confiscating real estate of business owners who defaulted on their loans. 

Iran’s foreign debt was $8.83 billion by end of the third quarter of the current fiscal year ending Dec. 21.  According to Central Bank of Iran data, the foreign debt was $518 million or 5…

A new report by the Food and Agriculture Organization of the United Nations showed that global food prices soared last month, led by a jump in vegetable oils and dairy. The index of prices, up…

The average goods and services Consumer Price Index of “housing and utilities (water, electricity, natural gas and other fuels)” in the 12-month period ending Jan. 20 increased by 26.8% compared…

The employment rate was 37.3% (23.4 million) in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2021), down 0.2% compared with the same quarter of the last Iranian year, says…

Iran and Turkey traded $4.77 billion worth of goods in 2021 to register a 69.12% rise compared with the preceding year. Iranian exports stood at $2.52 billion, up 145.18% year-on-year, while…

Bita, the first Iranian non-fungible token issuance platform, was unveiled on Jan. 31 by Kuknos at the Museum of Communications. 

The level of water in dams across Iran has declined by 20% year-on-year since the beginning of the current water year (Sept. 2021), the head of Data and Information Department at Iran Water…

Tabriz Petrochemical Company in East Azarbaijan Province will start producing polypropylene early next Iranian year (starting March 21) and the production of high density polyethylene will begin…

Attracting foreign and domestic investments to develop oil and gas fields is among main priorities of the National Iranian Oil Company, as it will secure energy supply in the future, the oil…

As diplomats from Iran and the remaining parties to the 2015 nuclear deal press on to undo former US president Donald Trump’s “maximum pressure” policy against Tehran, an American senator says…

President Ebrahim Raisi congratulated his Italian counterpart Sergio Mattarella on being elected for a second term, hoping for the development of ties between Tehran and Rome. In a message for…

European Union foreign policy chief Josep Borrell called for good faith efforts from all engaged parties to swiftly conclude negotiations on the revival of the 2015 nuclear deal, known as the…

The number of coronavirus patients admitted to the hospital across Iran over the past 24 hours has surpassed 2,100, the Health Ministry said on Sunday. The new figures released by the Health…

Central Bank of Iran data show that term deposits are growing over sight deposits, yet another indication that people keeping their money in banks for longer periods. 

More than 5.7 million hectares of farmland have gone under wheat cultivation so far this year, which is 5% less than last year’s area, according to the Agriculture Ministry. Around 1.9 hectares…

Iran is expecting a desert locust invasion in mid-March.  Preparations should be made to confront these pests on over 80,000 hectares, according to an official with the Plant Protection…