The volume of natural gas consumed by 67 petrochemical companies in Iran is negligible compared to the industry’s revenue-generating potential.

OPEC+ compliance with oil cuts fell slightly in September, sources said, indicating that as the alliance raises production targets, some members are still falling short as they face challenges…

The project to build Astara Rubber Dam in Astara County, Gilan Province, has registered 53% physical progress while its construction started four years ago and was supposed to be completed in 18…

The 35th International Conference on Islamic Unity opened in Tehran on Tuesday. Speaking at the opening ceremony, President Ebrahim Raeisi called on Muslim nations to strengthen their unity and…

President Ebrahim Raeisi said the United States’ readiness to remove its sanctions could be an indication of its earnestness in negotiations that aim to revive the 2015 nuclear deal, known as…

UN Secretary-General Antonio Guterres and Iranian Foreign Minister Hossein Amir-Abdollahian held a phone conversation on Monday, in which they discussed the latest developments in Afghanistan…

US State Department spokesperson Ned Price said on Monday that Washington is not pessimistic, but simply “clear-eyed” about a new round of talks with Iran about restoring the 2015 Iran nuclear…

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The number of bounced checks declined in the last calendar month to Sept.22 but rose in value. According to data released by the Central Bank of Iran to Sept. 22 as customers failed to cash 709…

Minister of Economy Ehsan Khandouzi enumerated Sunday his ministry's expectations from the insurance industry in a meeting with CEOs of the insurance companies. Khandouzi called on insurers to…

Mohammed El-Erian said investors should prepare for increased market volatility if the US Federal Reserve pulls back on stimulus measures set in motion by the Covid-19 pandemic.

A total of 63,000 tons of pistachio worth $426 million were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), registering a 14.54% and 8.44% growth…

Iran Khodro Company (IKCO), the country's major automaker, has launched a new auto part production line that will purportedly save €17 million in imports each year. Farshad Moqimi, the CEO…

The Education and Human Resources Institute, affiliated with Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold two specialized courses on commercial skills and…

The upstream steel industry registered growth in the production of iron ore concentrate and pellet during the first six months of the current fiscal year (March 21-Sept. 22) compared with last…

Non-oil exports from Gilan Province reached 502,032 tons worth $314.93 million in the current fiscal year’s first six months (March 21-Sept. 22), registering a 12% and 20% growth in weight and…

Foreign-made apparel brands that have not been registered in Iran are considered contraband, according to the director general of the Ministry of Industries, Mining and Trade’s Textile, Clothing…

Iran’s total employment rate was at 37.2% (23.4 million) in the second quarter of the current Iranian year (June 22-Sept. 22), down 0.6% compared with the same quarter of last Iranian year.…

Iran’s trade with Shanghai Cooperation Organization member states stood at 23.86 million tons worth $15.05 billion in the first six months of the current fiscal year (March 21-Sept. 22),…

The average goods and services Consumer Price Index of “communications” in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month of fiscal 2021-22, increased by 16.…

Oil prices hit their highest level in years on Monday, as demand recovers from the Covid-19 pandemic, boosted by more customers turning away from expensive gas and coal to fuel oil and diesel.…

Karkheh hydroelectric power plant in Khuzestan Province has gone off the grid because of water shortage, the head of the power station said.

The Persian Gulf Petrochemical Industries Company earned $2.4 billion from petrochemical export in the first half of the current Iranian year (March 21-Sept. 22), managing director of the…

Iran’s largest biogas power plant in South Wastewater Treatment Plant in the capital generates 9 million kilowatts of power per year, a deputy of Tehran Province's Water and Wastewater Company…