Polymer exports are projected to reach $3 billion by the end of the current fiscal year (March 2022) not only because of the rise in petrochemical product prices, but also due to the removal of…

The output of petroleum products has increased by 6% in Iranian refineries, said the director of coordination and production supervision at the National Iranian Oil Refining and Distribution…

Researchers at Amirkabir University of Technology have developed a nanotechnology-based method to eliminate heavy metals, including mercury, cadmium, arsenic, chromium, thallium and lead, from…

No 2045

The Central Bank of Iran said it has intensified supervision over exchange bureaus and penalized offending moneychangers. In a press release seen on its website on Tuesday, the regulator said…

Private banks and credit institutions are against increasing interest rates, the secretary of Iran's Private Banks and Credit Institutions Council said.

The government’s income forecast from selling stakes in listed companies has declined sharply in the proposed 2022-23 budget. It expects to generate 710 trillion rials ($2.3 billion) from its…

The pressure from sellers of blue chips eased in Tehran’s share market on Tuesday, but majority of penny stocks were hit by the unrelenting sell-off. The market-cap weighted benchmark of Tehran…

The United Nations World Food Programme (WFP) is rapidly ramping up humanitarian operations in Afghanistan to assist more than 23 million people facing severe hunger in the country in 2022, as…

Except from a few key aspects, the fiscal 2022-23 budget bill submitted by President Ebrahim Raisi to the Iranian Parliament on Sunday is not different from the budget proposed by…

The construction sector grew by 7% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, latest data released by the Statistical Center…

Tejarat Bank, an Iranian state-run bank, has agreed to pay the Vice Presidential Office for Science and Technology 8 trillion rials ($26.6 million) in aid package to assist the development of…

A total of 166,000 tons of watermelons have been harvested from 4,655 hectares since the beginning of autumn to meet domestic demand in the runup to Yalda Night – the eve of the first day of the…

Weekly round-trip flights between Iran’s Kish Island and the Omani capital, Muscat, resumed as of Dec. 11, according to the caretaker of Kish Port and Airport Development and Management Company…

The share of iron products in Iran’s total non-oil exports increased noticeably, says the spokesman of the Islamic Republic of Iran Customs Administration.

The Renewable Energy and Energy Efficiency Organization (Satba) plans to add 10 gigawatts to the current renewable electricity capacity of Iran in the next four years, the managing director of…

OPEC raised its world oil demand forecast for the first quarter of 2022 but left its full-year growth prediction steady, saying the Omicron coronavirus variant would have a mild impact as the…

Mahshahr Petrochemical Special Economic Zone (Petzone) in Khuzestan Province plays a key role in boosting Iran’s status in the global arena and its collaboration with tech firms can further help…

Iran’s nuclear chief said Tehran will not be affected by Israeli propaganda campaigns aimed at impeding the country’s progress. Talking to reporters on Tuesday, Mohammad Eslami, head of the…

Iran’s top negotiator in talks to revive the 2015 nuclear deal criticized western parties for persisting in their “blame game”, calling for “real diplomacy” to advance the negotiations. …

No 2044

Only 2% of the needed mining machinery were supplied in the fiscal 2020-21, of which 1% were imported and the other 1% were produced domestically, says Sajjad Ghoroqi, vice president of Tehran’s…

The government expects to earn 5,270 trillion rials ($17.5 billion) in tax revenues in the next fiscal year (March 2022-23). The target is part of the budget bill submitted by President Ebrahim…

Iran Fintech Association, a non-government society formed by founders of fintech applications, has again voiced opposition to the recently announced restrictions on financial  facilitators…

Net earnings of eight Iranian state-owned banks and the Central Bank of Iran has been forecast at 2,314.28 trillion rials ($7.8 billion) in the March 2022-23 draft budget. This is 25% higher on…