Annual production capacity in Mahshahr Petrochemical Special Economic Zone (Petzone) along the northern coast of the Persian Gulf in Khuzestan Province has reached 20 million tons, managing…

The National Iranian Drilling Company has drilled 62 oil and gas wells in the onshore and offshore oil-rich regions of the country in the current Iranian year’s first 10 months (March 2021-…

Bidboland Gas Refining Company has processed more than 3.5 billion cubic meters of gas from the beginning of the current Iranian year (March 21, 2021) till December 2021, managing director of…

An estimated 7.3 million tons of goods and commodities worth 599 trillion rials ($2.2 billion) were traded in the spot market of the Iran Mercantile Exchange in the calendar month ending Jan. 20…

Tehran stocks closed Sunday under heavy selloff pressure as budgetary decisions weakened sentiments.  The main index of Tehran Stock Exchange, TEDPIX, lost 25,254 points or 1.97% for the…

Mobarakeh Steel Company produced 7.21 million tons of semi-finished products in the current fiscal year’s first nine months (March 21-Dec. 21), down 5% year-on-year. The steelmaker also…

The Iran National Tax Administration announced tax exemptions for businesses that register their POS terminals before February 21. 

Banks will no longer demand collateral for loans below 1 billion rials, a deputy with Economy Ministry said.  Abbas Hosseini, the ministry’s deputy for banking, insurance and state company…

The share of higher education unemployment from the total unemployed population in Iran was 42.3% in the third quarter of the current Iranian year (Sept. 23-Dec. 21), registering a year-on-year…

Iran’s trade with its leading commercial partner, China, reached $14.78 billion in 2021, registering a 1% decline compared with the year before. New data released by China’s General…

The average goods and services Consumer Price Index of “health and treatment” in the 12-month period ending Jan. 20 increased by 39.9% compared with the corresponding period of the year before…

Governmental entities are prohibited from taking legal action against startups, as per the recent order announced by President Ebrahim Raisi, the Vice Presidency for Legal Affairs.

SpaceX postponed the departure of its latest Dragon cargo ship from the International Space Station on Jan. 22 by at least a day due to bad weather at its landing site.  The next undocking…

Non-smart electricity meters are being tagged with quick response codes to help subscribers monitor their consumption at any time of the day, the head of Science and Technology Department at the…

Following the recent rainfall, more water has entered the reservoirs of dams in Khuzestan Province, but about 85% of their capacity remain empty. According to reports, during Jan. 10-16, 622…

Gas consumption by households, commercial centers and small industries in Iran has reached an unprecedented 692 million cubic meters per day on Saturday, the oil minister said.

Iran’s delinquent dues to the United Nations have been paid with its frozen funds in South Korea and the country is expected to regain its vote at the world body’s General Assembly early next…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei praised eulogists for playing a significant role in the Islamic Republic’s cultural and media war with the enemies. A group of…

President Ebrahim Raisi said Iran seeks to promote long-term and wide-ranging relations with Turkey and welcomes plans to boost bilateral cooperation.

Shares in Tehran opened trading week on Saturday mixed amid demand for some large caps in the early hours of trade, but selloff pressure mounted as the session drew to a close.  The…

Bounced checks reached an estimated 544,000 in the ninth calendar month ending Dec. 21, down 13.6% compared to the month before.  Total value of the rejected checks was 255 trillion rials…

The National Development Fund of Iran gave 880 trillion rials ($3.2 billion) in loans in the first seven months of current fiscal year (March 20-Oct.21), the managing director of the sovereign…

Insurance companies generated 799 trillion rials ($2.95 billion) in premium in the first three quarters of the current fiscal year (ends in March – up 36% on the same period last year. …

The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first eight months (March 21-Nov. 21) shows the output of five mineral products (out of 12 under review)…

Iran’s top negotiator, Ali Baqeri, held talks with European Union political director Enrique Mora and representatives of the European parties to the Joint Comprehensive Plan of Action in a…