President Ebrahim Raisi plans to visit three Latin American nations next week with the aim of boosting political, economic and scientific relations. Heading a high-ranking delegation, Raisi…

Iran’s representative to international organizations in Vienna called on European governments to show goodwill and avoid a “provocative” and “unconstructive” approach to Iran’s nuclear issue.…

“Leisure and Culture”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 39.2% in the second month of the current…

The total employment rate reached 37.2% (23.71 million) in the fiscal 2022-23 (ended March 20), unchanged compared with the year before, according to the Statistical Center of Iran.

A 45-member business delegation from Jilin, a northeastern Chinese province, is scheduled to visit Tehran on Wednesday. 

The World Bank expects Iran’s economy to grow by 2.2% in 2023. The newly-released June edition of Global Economic Prospects report has put last year’s growth rate at 2.9%. “Growth is expected…

US power consumption will ease in 2023 from last year's record high, as slower economic growth and milder weather depress usage, the US Energy Information Administration said in its Short-Term…

The oversupply of coal globally and continued subdued demand have pushed sellers and traders from exporting nations to bank on China, the world's largest consumer, to absorb excessive volumes.…

Urmia Lake has close to 2 billion cubic meters of water covering 1,500 square kilometers, which shows an increase compared to the past nine months when there were about 1.250 bcm of water over…

Maroun Oil and Gas Production Company has increased its daily collection of associated petroleum gases (APG) by 142,000 cubic meters since the beginning of the current Iranian year (March 21),…

Iran and Russia have firm intentions for long-term cooperation in the petrochemical sector for unleashing shared potentials.

General Motors plans to invest more than $1 billion in two Michigan plants for the production of next-generation heavy-duty trucks, the company said on Monday.

A total of $2 billion worth of automotive spare parts and components are being smuggled into Iran annually, according to an estimate presented by the secretary of the Association of Homogeneous…

Iran Power Generation, Distribution and Transmission Company (Tavanir) announced new restrictions on supplying electricity to cryptomining centers for three months.  In a letter to the…

Tehran Stock Exchange's main index, TEDPIX, gained 9,866.47 points or 0.43% on Tuesday to end at 2,289,549.02 and the TSE equal-weighted index was up 0.66%. About 10.96 billion shares worth 86.…

The 15th International Exhibition of Financial Industries (forex, banking and insurance) opened Tuesday in Tehran with companies displaying a variety of innovative services. Among other things…

Based on currency models available in economic studies and global experiences, the exchange rate can be considered one of the key economic variables, especially in Iran, whose fluctuations are…

Four technical employees of the Afghanistan Railway Authority have arrived in Iran to receive training. “Four technical employees have been dispatched to Tehran for receiving professional and…

“Home Appliances, Furniture and Maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 37.5% in the second…

University graduates accounted for 40% of the unemployed in the last Iranian year (March 2022-23), according to the Statistical Center of Iran. The center says the percentage indicates a slight…

One year past the Iranian government’s so-called “economic surgery” [abolition of subsidized imports], with an inflation hovering around 50%, the Iranian government and parliament are mulling…

New direct flights between Kuwait and Shiraz have been launched by Air Algerie airlines, according to Fakhreddin Keshavarz, director general of Fars Province’s Airports. An Airbus 330 departs…

The Purchasing Managers’ Index for the construction sector settled at 52.22 in the second month of the current Iranian year (April 21-May 21), up from 33.95 in the first month of the year (March…

The 20th International Exhibition on Kitchen, Bath, Sauna and Pool Industries and Equipment, also known as K&B–S&P, opened on June 6 at Tehran’s International Fairground. 

The destruction of the Kakhovka Dam in southern Ukraine poses a threat to the Zaporizhzhia Nuclear Power Plant, but the situation at the facility is under control, Ukraine's state atomic power…