Iran traded 45.85 million tons of goods worth $22.83 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s…

A total of 124 electricity projects will be launched in Yazd Province within the next 10 day, the head of Yazd Electricity Distribution Company said.

Non-revenue water loss in Iran is at least 10% higher than in neighboring states because close to 90,000 kilometers of pipelines in the national water network are corroded and must be replaced,…

Oil rose more than 1% on Monday to the near seven-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East put prices on track…

Electricity supply curbs imposed on factories over the last two weeks due to shortage of liquid fuel in thermal power stations have all been removed, a spokesperson for the Power Generation,…

Negotiations in Vienna, Austria, on the revival of the 2015 nuclear deal have made considerable progress over the past three weeks before diplomats returned to their capitals for instructions…

The Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan has called for more collective action in fighting the most significant global challenges…

Tehran stocks extended the winning streak into the third session on Sunday amid noticeable increase in retail investors in share trade.  The main index of Tehran Stock Exchange, TEDPIX…

The Economy Ministry is apparently determined to compel banks to accept collateral-free microloan requests as it has set a deadline for state-owned lenders to submit a report to this effect.…

Loan to deposit ratio of banks stood at 81.4% by end of the Iranian calendar month ending Oct. 22, indicating a 1.6% annual rise. According to the Central Bank of Iran data, the ratio was up 1.…

The managing director of the Securities and Exchange Organization says changes in daily price spread is crucial for the share market. Majid Eshqi said this in a meeting Sunday with members of…

The average goods and services Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending Jan. 20 increased by 52.8% compared with last year’s…

Garment manufacturers are grappling with recession due to smuggling, shortage of raw materials, sharp decline in purchasing power and lower consumption due to the outbreak of Covid-19.  

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei underlined the role of producers in averting enemy plans to wreck Iran’s economy to achieve their evil political goals. 

The Omicron variant of the coronavirus continues to ravage the country as daily infections surged to nearly 22,000 on Sunday and mortalities spiked by 80% to 44.  The highly contagious…

Iran and the UAE are scheduled to hold a joint forum titled “Business and Investment Opportunities” on Feb. 8.  An Iranian delegation of businesses active in trade and marketing is to…

Iran’s foreign trade (excluding crude oil exports) stood at 133 million tons worth $80.23 billion in the first 10 months of the current fiscal year (March 21-Jan. 20). Exports stood at 100…

The Majlis Joint Commission rejected the government proposal in the budget bill of the upcoming fiscal year (March 2022-23) to abolish the allocation of subsidy to import essential goods at the…

Premium cellphones worth $940 million and costing over $600 apiece were imported during the current fiscal year’s first nine months (March 21-Dec. 21, 2021), according to the spokesman of the…

Russia has allocated a credit line worth $1.4 billion for the construction of Sirik Power Plant in Sirik County, Hormozgan Province, which will accelerate the process.

Electricity generation from fossil fuels is neither financially viable nor environmentally sustainable, compared to renewable resources that contribute to sustainable economic growth, the head…

The National Iranian Oil Company has defined several development projects to attract domestic and foreign investments to oil and gas sectors, deputy for development and engineering at NIOC said…

A total of 547,692 cars belonging to 272,498 people are liable to pay the luxury tax, the Iranian National Tax Administration announced.  Luxury tax had not been implemented for a long…

Tehran Chamber of Commerce, Industries, Mines and Agriculture and Amirkabir Polytechnic University’s Business School are scheduled to hold a course titled “Wealth Management for Individuals and…

The average goods and services Consumer Price Index of “transportation” in the 12-month period ending Jan. 20 increased by 40.2% compared with the similar period of the year before. With a…