Head of the Majlis Economic Commission in a letter to President Ebrahim Raisi called for incorporating 10 support measures designed to revive the struggling bourse in the fiscal 2022-23 budget…

Informatics Services Corporation, affiliated to the Central Bank of Iran, has unveiled its digital check payment platform, called Checkad, as a vastly improved replacement for paper checks now…

Boris Johnson was told Wednesday to resign as government ministers hid from the media. The prime minister is under serious pressure to divulge whether or not he attended a “…

Iranian steelmakers have registered higher exports although their production levels had decreased, latest data released by the Iranian Steel Producers Association show. A total of 5.19 million…

The Central Bank of Iran said the economy grew by 1% in the second quarter of the current fiscal year (June 22-Sept. 22). Without taking oil production into account, GDP growth stood at 0.5%,…

The Statistical Center of Iran put labor force participation rate — the proportion of the population of ages 15 and above that is economically active either employed or looking for a job — at 40…

A total of 23.05 million tons of essential goods worth $14.14 billion were imported into Iran during the first nine months of the current fiscal year (March 21-Dec. 21), according to the newly-…

The average goods and services Consumer Price Index of “education” in the 12-month period ending Dec. 21 increased by 23.3% compared with last year’s corresponding period. With a coefficient of…

Tehran’s Eighth Specialized Exhibition of Agricultural Inputs, also known as AGRICULTECH 2022, is scheduled to be held in the capital city’s Goftogu Park during Jan. 18-21. The event was…

Startups are focusing more on the capital market for funds using assorted financing instruments at the Iran Fara Bourse, the IFB deputy for financial institutions said.  Most startups in…

The share of people living below absolute poverty line from the total population stood at 15% from the fiscal 2013-14 to the fiscal 2017-18, but it hit 30% in two years, i.e., from the fiscal…

The 10-15% increase in total costs due to the removal of subsidized currency will have a direct impact on the prices of automobiles and related parts, a faculty member of Iran University of…

Iran’s Health Ministry on Wednesday reported 2,089 new Covid-19 cases, taking the country’s total infections to 6,212,387. The pandemic also claimed 32 lives in the past 24 hours, bringing the…

Iran has always expressed readiness for regional dialogue and offered ideas and solutions for talks that could lead to cooperation in the Middle East region, the Iranian top diplomat said.…

Members of the parliament approved an article on Wednesday, based on which the Energy Ministry will attract investment for desalinating water from the Sea of Oman to transfer it to the…

Two new steam units of Sabalan Combined Cycle Power Plant in Ardabil Province with a total capacity of 320 megawatts will be connected to the national electricity grid during the first half of…

Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand will continue to strengthen as the US Federal Reserve is likely to raise interest rates…

OPEC and its allies do not want crude prices to climb to $100 a barrel and are reviving production quickly enough to prevent global markets from “overheating”, Oman’s oil minister said.

Drawing on the experience of Russian oil and gas giants is crucial to transform Iran into a major player in the global gas market, the former chief executive officer of National Iranian Oil…

Tehran’s share market was choppy on Tuesday as a bull-run in the early hours soon gave way to selloff that has plagued the bourse for months.  The main index of Tehran Stock Exchange,…

The Central Bank of Iran and its subsidiary Informatics Services Corporation will launch a pilot for the central bank digital currency (CBDC) after the Nowruz (Iranian New Year) holidays in…

The main challenge the National Development Fund of Iran is facing is the difficulty of borrowers in reimbursing loans, the fund’s deputy for banking and credit affairs said. 

The government sold 12.9 trillion rials ($46 million) bonds at the weekly auction on Tuesday held by the Central Bank of Iran. A bank was the sole buyer in the interbank market and like most…

Iran’s total greenhouse area stood at 9,856 hectares, 76% of which used drop irrigation, 19% had no irrigation system, 4% were rain-fed and 1% used a combination of drop irrigation and natural…