The expansion of Tehran’s subway network has become the core part of the capital's mobility plan and more people are discovering it as a cost-effective, traffic-free mode of transportation…

The average annual inflation in Iran has broken a 12-month rising streak in the fiscal month ending Oct. 22.

Mazandaran Wood and Paper Industries Company has resumed exports of paper after a five-year hiatus.  According to Ali-Akbar Safarian, managing director of the company, exports resumed on…

More than 1.3 tons of caviar worth $539,000 were exported to 23 countries during the first half of the current Iranian year (started March 21), indicating a 110% and 50% increase in weight and…

Precipitation in Tehran Province has plummeted by a massive 97% since Sept. 23 (beginning of the current water year), which is unprecedented in the last 50 years, deputy for water and hydropower…

Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world, as…

Per capita gasoline consumption in Iran, with a population of 83 million, is above the global average. According to IRNA and based on data from the Oil Ministry and the National Iranian Oil…

The Russian envoy to international organizations in Vienna said Iran’s demand for the US administration to guarantee its adherence to the nuclear deal signed by Iran and world powers in 2015 is…

President Ebrahim Raeisi said Tehran remains committed to the obligations it has undertaken under the nuclear deal with world powers, but the United States and the European sides have failed to…

The number of cities on coronavirus red alert spiked by six to 22 on Monday as health authorities warned about a possible sixth wave emerging across the country.  Data updated by the…

Russia will participate in the ministerial conference of Afghanistan’s neighbors scheduled for October 27 in Tehran, according to its special presidential representative for Afghanistan. Zamir…

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Data released by the Central Bank of Iran show broad money supply increased to 40,680 trillion rials ($150 billion) to Sep.22. This was up 40.5% y/y. Broad money supply increased 3.7% on a…

Tehran stocks were mixed in the last calendar month to Oct. 22 amid better performance of large caps. The benchmark of Tehran Stock Exchange, the market cap-weighted TEDPIX, closed 49.971…

New executives have taken charge at several state-owned and privatized banks, including the two largest banks Bank Melli Iran and Bank Sepah.

Local banks have collectively paid 198.9 billion rials ($718 million) in loans to 857 knowledge-based companies and startups in the first half of the current Iranian year (March 21-Sept. 22).

Iran's apparent steel usage decreased in the first six months of the current Iranian year (March 21-Sept. 22) compared with last year's corresponding period. Apparent steel usage is defined as…

The construction of a port project in the Iranian city of Chabahar has been gaining increased attention as a potential global trading hub and an arena for geopolitical competition. 

In a directive addressed to transportation companies and businesspeople, the Road Maintenance and Transportation Organization, affiliated with the Ministry of Roads and Urban Development, has…

Tehran’s housing Consumer Price Index in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month, increased by 67.3% compared with the corresponding period of last…

A total of six million doses of Chinese-made Sinopharm Covid-19 vaccines were imported on Oct. 24 by the Red Crescent Society of Islamic Republic of Iran, Karim Hemati, the head of the…

Construction work to channel water from Zab River along the western borders to the troubled Lake Urmia in the northwest has registered 90% progress and is expected to come on stream in February…

Nearly $80 billion have been invested in the upstream sector of South Pars Gas Field in the Persian Gulf so far, but more is needed to complete the unfinished phases in the huge field, managing…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei called for promoting unity as an absolute duty of the Muslim society assigned by the Holy Quran. 

Iran’s top diplomat said the release of two Iranian truck drivers detained by Azerbaijani authorities last month was a “constructive” move to clear misunderstandings, expressing Tehran’s…