The number of electricity meters nationwide has soared by 700,000 over the past eight months to surpass 38 million, a spokesperson for the Power Generation, Distribution and Transmission Company…

Oil Minister Javad Owji says domestic companies manufacture 70% of equipment needed in the oil and gas industry. “Local firms have the potential to manufacture 95% of equipment and parts…

A desalination plant is expected to be launched in Abadan, Khuzestan Province, in the near future to help address the pressing water problems of the southwestern oil city, said the director of…

The only way to address Iran’s nuclear issue is for the United States to lift its economic sanctions and ensure sustainability of the 2015 nuclear deal from which it once withdrew unilaterally,…

The Health Ministry announced on Saturday that community transmission of the Omicron variant of the coronavirus has been discovered in Iran.  The easily transmissible variant is now…

As stocks stumble government income from taxes on share trade dropped sharply in the first three quarters (March 21-Dec 21) of the current fiscal year compared to the same period last year.…

Tehran stocks opened Saturday on a dull and uneventful session as key market indicators closed near the flatline.  The main benchmark of Tehran Stock Exchange, TEDPIX, pared all gains in…

The World Bank will give $90 million to Iran to help it cope with the coronavirus pandemic, the head of the Organization for Investment, Economic and Technical Assistance of Iran said. …

The Central Bank of Iran has completed infrastructure for minting crypto rial as a central bank digital currency (CBDC). The currency will be launched after approval by the Money and Credit…

The CPI of the group stood at 472.7 in the month to Dec. 21, indicating a 2.1% rise compared with the previous month.  The index, with a coefficient of 1.65%, registered a year-on-year…

A total of 325 million tons of oil and non-oil goods were loaded and unloaded in Bushehr Port during the current Iranian year’s first nine months (March 21-Dec. 21), registering a 23% rise…

Iran traded 41.16 million tons of goods worth $20.05 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the current fiscal year’s…

Progress has been made regarding the Iran nuclear talks although time is running out, France’s foreign minister said on Friday. Indirect talks between Iran and the United States on salvaging…

Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 8.9% in the third quarter of the current Iranian year (Sept. 23-Dec. 21), indicating a 0.5%…

The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a specialized business course and a workshop…

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 Dec. 21 increased by 26.7% compared…

Most economic experts concur that the government’s distribution of cheap dollar was a telling example of public fund misuse both regarding 25 items that were to be imported with the subsidized…

The Joint Commission of the Iranian Parliament has passed the outlines of the upcoming fiscal year’s budget bill, giving its approval in principle to figures provided by the government of…

Senior diplomats from South Korea and Iran had discussions in Vienna on Iranian assets frozen in that country, the foreign ministry in Seoul said on Friday, with the thorny bilateral issue on…

Option contracts have become more popular in Iran’s capital market as a means for insuring stocks against price volatilities.  According to Meysam Moqadam, head of the Innovative Financial…

Foreign exchange rates fell again on Thursday in Tehran amid optimism among traders over the outcome of the ongoing talks between Iran and world powers in Vienna to restore the landmark 2015…

Bonds sold by the government jumped in the weekly auction on Tuesday to reach 48.1 trillion rials ($165 million), the highest in three weeks.  Unlike the last two rounds, the offers were…

Iran’s Digital Media Regulatory Authority, known by its Persian acronym Satra, has released a report on the content evaluation and ranking of user-centric media.

Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest in Kazakhstan and outages in Libya.

In the past 16 years, a total of 7,635 unauthorized water wells have been sealed in Isfahan Province, which helped save over 215 million cubic meters of water a year in the dry region, deputy of…