The government will submit a bill on overhauling the policy of subsidized imports to the parliament in the near future and the latter is ready to start the reform process of this controversial…

The parliament on Wednesday approved a plan to rewrite rules and unambiguously criminalize online gambling and betting. Casinos and all types of gambling were banned in Iran after the 1979…

In a meeting with President Ebrahim Raisi late Tuesday economists again raised years-long concerns over the controversial procedures to allocate subsidized currency for import and ways to put a…

Forex and gold prices climbed on Wednesday extending the upward trajectory that started on Saturday.    The dollar closed slightly above 283,000 rials in Tehran’s open market,…

Tehran’s stock market closed trading week higher on Wednesday extending gains into the third session amid improved performance of small caps. The benchmark of Tehran Stock Exchange, TEDPIX,…

Facebook whistleblower Frances Haugen warned Tuesday that the “metaverse,” the all-encompassing virtual reality world at the heart of the social media giant’s growth strategy, will be addictive…

No 2015

One of the enemy’s strategies is to create despair and disappointment among the Iranian people, President Ebrahim Raeisi warned. Addressing a Cabinet session on Sunday, Raeisi said the enemies…

Senior economic, banking and capital market officials met on Monday to discuss ways to defend the financial markets.

The Guardian Council retracted an earlier decision by lawmakers that criminalizes exporters who are unable to repatriate their forex income.

The Tehran Stock Exchange benchmark Monday pared some of the last session’s loss to close in positive territory. The market cap-weighted TEDPIX, gained 3,499.96 points or 0.24% to end trade at 1…

A new report by Iran Chamber of Cooperatives shows monthly Purchasing Managers’ Index for the domestic construction sector has grown to stand above the 50 mark. PMI in the seventh month of the…

Iran’s caviar exports stood at 2.28 tons worth $1.09 million in the fiscal 2020-21 (ended March 21, 2021), says Rouhollah Latifi, spokesman of the Islamic Republic of Iran's Customs…

OPEC+ needs to be careful in implementing its policy because it needs to balance the market amid forecasts of softening demand in the first quarter of 2022, the UAE's energy minister said on Nov…

The Statistical Center of Iran has released data on Iran’s official job market in the current Iranian year (started March 21).  According to the findings, 59.9% of the employed population…

As of Nov. 22, only vaccinated people or those carrying negative PCR test result will be permitted to travel, according to the head of Transport Safety Regulation Codification and Passive…

A total of 14.37 million tons of essential goods worth $8.8 billion were imported into Iran during the first seven months of the current Iranian year (March 21-Oct. 22), showing a respective…

The 160-megawatt steam unit of Khorramabad Combined Cycle Power Plant will come on stream next year to help improve power supply in Lorestan Province, managing director of Iran’s Thermal Power…

Natural gas price hike in the household sector by 150% can help reduce demand by at least 10%, the head of Research and Development Department in the National Iranian Gas Company said.

Tehran Metro Company, the executive entity for the capital’s subway network, is in the red, owing the local banking system 370 trillion rials ($1.33 billion), while still needing funds to…

The board of directors of Tehran Stock Exchange on Sunday appointed Mahmoud Goudarzi as the new head. Goudarzi was appointed as TSE caretaker on Sept.29 after the former CEO Ali Sahrae’e was…

The National Development Fund of Iran will deposit $150 million with the Capital Market Stabilization Fund to help boost the ailing stock market. Citing officials from the sovereign wealth fund…

The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week. Iran Power Generation, Distribution and Transmission Company, Tavanir, said the…

Share prices in Tehran stumbled on Sunday bucking a rising trend that started last Monday as investors sold shares to save previous gains.     The main index of Tehran Stock…

Tesla chief executive Elon Musk has asked his 62.5 million followers on Twitter in a poll if he should sell 10% of his Tesla stock.

"Much is made lately of unrealized gains being a…