Numerous ways have been pursued in Iran for countering inflation over the past decades, except for the reasonable, logical and scientific one, Hossein Haqgou, an economic analyst, wrote in an…

As people are getting vaccinated against the Covid-19 pandemic and restrictions are being relaxed, more students will return to school as of Monday morning. Deputy Education Minister Alireza…

Iran is engaging in the new round of negotiations on the revival of the 2015 nuclear deal with the same demands that chiefly involve measures by the United States toward honoring its commitments…

With the expansion of internet access and curbs on social interactions triggered by the Covid-19 pandemic, people's preference for online shopping is growing worldwide, including Iran. E-…

Fertile lands of Varamin Plain, 40 km southeast of the capital, in the recent past were irrigated with water from Jajroud River, but with the construction of Latyan and Mamlou dams and the lack…

A new single point mooring (SPM) system has become operational off the coast of Kangan County in southern Bushehr Province to boost gas condensate loading capacity and exports via large vessels…

The National Iranian Gas Company will likely restrict compressed natural gas delivery to pumps, if domestic gas consumption surpasses 650 million cubic meters per day, the head of the Iran CNG…

No 2024

Iran’s toy market and industry are relatively very small. The domestic toy market is worth $300 million, of which the share of domestic producers is around 30-35%, the head of Toy Manufacturers…

Mobarakeh Steel Company produced 5.38 million tons of semi-finished products in the current fiscal year’s first seven months (March 21-Oct. 22), down 7% year-on-year. The steelmaker also…

Loans by banks and credit institutions reached 14,828.9 trillion rials ($52.9 billion) in the first seven months of current fiscal year (March 21-Oct 22). Lending increased 5,474.2 trillion…

The Central Bank of Iran has announced tougher restrictions on underperforming banks as part of measures to “control money issuance” by banks. It increased reserve requirements of five banks by…

Iran Insurance Company, the sole state-owned company, still generates the most premium income, despite efforts to increase and expand private firms. Data published by the Central Insurance…

The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, but the domestic technology ecosystem stepped in to help…

Iran traded 61.8 million tons of non-oil commodities worth $28.73 billion with the members of the Organization of Islamic Cooperation during the current fiscal year’s first seven months (March…

The execution of real-estate mega projects is doomed to fail when first-time homebuyers are grappling with affordability.  This was stated by Fardin Yazdani, a housing expert and the…

The Producer Price Index for the “agronomy, horticulture and traditional husbandry” in the four-quarter period ended Sept. 22, which marks the end of the second quarter of the current fiscal…

The operation of the first gas sweetening train of Phase 14 refinery in the giant South Pars Gas Field by January 2022 is of high priority for the National Iranian Oil Company, the company’s…

As long as the US economic blockade is in place, Iran will not be able to comply with international agreements aimed at tackling climate change, which will be to the detriment of regional states…

The second phase of Birjand Wastewater Treatment Plant has registered 90% progress and is expected to come on stream by January 2022, managing director of South Khorasan Water and Wastewater…

A senior Russian diplomat applauded a change for the better in the hostile approach of some Persian Gulf Arab states toward the 2015 Iran nuclear deal, saying they seem to have backtracked on…

The “effective” and “verifiable” removal of sanctions at once is the condition for the United States’ return to the 2015 nuclear deal from which it unilaterally withdrew three years ago, a…

No 2023

In the past five days, less than 9,000 foreign nationals have entered Iran and about 5,000 left the country from Iran’s three border crossings with Afghanistan, namely Mahiroud, Milak and…

The government plans to swap 890 trillion rials ($3.1 billion) of its unpaid debt to the Social Security Organization with shares, the SSO caretaker said. In a talk with Fars News Agency,…