The subway project of Karaj, the provincial center of Alborz, has stalled over lack of funds and mismanagement, as progress faltered interminably since its inception in 2006. 

No 2029

The government has prepared a new bill to regulate the work of cryptocurrency mining centers. Observers, however, say the new bill has failed to address drawbacks and deficiencies in the…

The government has delayed the plan to eliminate forex subsidies for basic goods, the Economy Minister Ehsan Khandouzi said.

Export companies sold $18.1 billion in foreign currency in the secondary foreign exchange market, known locally as Nima, in the eight months (March 21-Nov.20).  The amount was $10.7…

Tap30 company, a ride hailing app in Iran, is planning to go public becoming the first of its kind in Iran to trade on the share market.  ICT Minister Isa Zarepour said Wednesday that the…

To overcome agricultural problems such as water scarcity, lack of equipment and soil erosion, Iranian authorities have started embracing high-tech solutions offered by domestic knowledge-based…

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

A total of 660,000 tons of imported rice were cleared from customs since the beginning of the current Iranian year on March 21 until Nov. 13, says an Agriculture Ministry official. Ebrahim Zare…

A total of 120,000 tons of cotton bolls have been harvested from around 97,500 hectares of plantations across the country so far this year, some 100,000 tons of which have already made it to…

Iran and the 27 member states of the European Union traded €3.34 billion worth of goods during the first nine months of 2021, registering a 1.91% growth compared with last year's corresponding…

Bandar Imam Petrochemical Company in southwestern Khuzestan Province has increased its daily output of vinyl chloride monomer (VCM) by 70 tons after the successful overhaul of the VCM unit,…

Brent slid nearly 4% to below $80 a barrel on Friday as a new Covid-19 variant spooked investors, adding to concerns that a global supply surplus could swell in the first quarter following the…

Following plans to sustain natural gas supply to households in the winter, the National Iranian Gas Company has cut gas delivery to cement factories, the head of Cement Employers Association…

The Oil Ministry’s proposal to hike natural gas tariffs in the household sector has been ratified by the Cabinet, based on which the vital commodity’ price will rise on average by 40%, a…

Chinese State Councilor and Foreign Minister Wang Yi on Wednesday held a video meeting with Iranian Foreign Minister Hossein Amir-Abdollahian over bilateral relations and cooperation.

The first talks due to be held by Iran’s new government with international powers over the country’s nuclear program will fail unless the US agrees to a key set of conditions, Tehran’s chief…

No 2028

Pegasus Airlines is launching its second flights from Tabriz Airport as of Dec. 4 and its destination will be Turkey’s Alanya, according to the director general of East Azarbaijan Province’s…

Iran’s trade with the United States is insignificant, as most traded commodities are either shipped through third countries or in the form of suitcase trade.

Hand-woven carpets in Afshar region of Takab County, West Azarbaijan Province, have been granted geographical indication (GI) from the World Intellectual Property Organization, the head of Iran…

Iran's non-oil trade with Caspian Sea littoral states reached 4.16 million tons worth $1.8 billion during the first seven months of the current fiscal year (March 21-Oct. 22), according to data…

The Consumer Price Index of “hotels and restaurants” stood at 405.3 in the eighth Iranian month from Oct. 23 to Nov. 21 stood at 405.3, indicating a 62.4% year-on-year rise and marking the…

The Securities and Exchange Organization has announced new guidelines raising the minimum capital of financial institutions operating in the capital market. This was communicated to investment…

The government plans to issue 400 trillion rials ($1.4 billion) in bonds in the four months before the end of the fiscal year in March. According to a press release of the Economy Ministry,…