Due to the high increase in diesel consumption in thermal power plants over the last few weeks, the National Iranian Oil Company has limited selling diesel on the Iran Energy Exchange, the…

A nationwide scheme to convert 1.2 million gasoline-powered public transport and commercial vehicles to compressed natural gas hybrids will help reduce gasoline consumption by 10 million liters…

No 2041

The Adani Group has removed a ban on exports and imports to and from Afghanistan, Pakistan and Iran at its Mundra Port in India, reversing an order issued in October. The company said it…

The average goods and services Consumer Price Index of “communications” in the 12-month period ending Nov. 21, which marks the end of the eighth Iranian month of fiscal 2021-22, increased by 12.…

Data released by the Central Bank of Iran shows check transactions declined remarkably in the month ending Oct 22. More than 5.4 million checks worth 2,005 trillion rials ($6.7 billion) changed…

This week’s decision by the government to tax forex trade does not include people who buy currency for personal needs, a deputy head at the Iranian National Tax Administration said. On…

After three consecutive weeks of losses, Tehran stocks bucked the declining trend in the week (ending Wednesday) making slight gains despite the pattern of capital outflow. The benchmark of…

Ghadir Industry and Investment Development Company, better known as the “Cement Holding of Ghadir Investment” conglomerate, is to make its first stock market debut on Saturday.  

The UK’s top diplomat, Liz Truss, said the £400 million that Britain owes Iran is a “legitimate debt” that the British government wants to pay.

The foreign secretary was asked about…

A total of 20.32 million tons of essential goods worth $12.43 billion were imported into Iran during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 30% and…

Latest data released by the US Census Bureau show Iran-US trade more than doubled in October compared to the previous month. Iran’s exports to the US stood at $0.4 million in October, up 100%…

Two new shipments of Covid-19 vaccines, the first containing 131,000 doses of AstraZeneca made in Germany and the other 1.09 million doses of AstraZeneca made in the Netherlands, have been…

New data released by the Statistical Center of Iran show the economy grew by 5.9% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period…

Tech officials in Bandar Abbas, Hormozgan's provincial capital, intend to set up an innovation center for youngsters and elementary school students. According to Ali Fata, chairman of the…

Tehran is keen on using international expertise and cooperating with global organizations to address its worsening water crisis, the energy minister’s advisor for international affairs said.

Thermal Power Plants Holding Company and MAPNA Group have signed a contract for the construction of seven medium-scale power plants.

Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant's impact on global economic growth…

Tehran is set to maintain its previous positions in talks to revive the 2015 nuclear deal, Iran’s top negotiator said as the seventh round of negotiations resumed on Thursday after an interval…

No 2040

Prices of essential goods have increased by more than 60% over the past year, the Ministry of Industries, Mining and Trade reported.

Non-oil exports from Gilan Province hit 704,000 tons worth $412.46 million during the current fiscal year’s first eight months (March 21-Nov. 21), registering an 11% and 35% growth in weight and…

Saman Insurance Company, affiliated to Saman Bank, has become the first domestic company to offer ‘pay as you drive’ auto body insurance cost. According to a press release seen on the company's…

The Iranian National Tax Administration announced Wednesday that henceforth currency trade will be taxable. In a press release posted on its website, INTA said that the decision is part of the…

The government bond sale stumbled again on Tuesday as banks refused to partake and purchase of stock market investors was insignificant.   Total bonds sold by the Central Bank of Iran was…