Iran has produced over 120kg of 20% enriched uranium, the head of the Atomic Energy Organization of Iran announced.  “We have passed 120 kilograms,” Mohammad Eslami said in a televised…

Iran’s permanent representative to the United Nations’ office in Geneva said the US sanctions targeting the countries that host displaced Afghans have come to interfere with their efforts to…

No 1990

Iran officially joined the Shanghai Cooperation Organization in September, marking a landmark moment in Tehran’s growing relationships with China and Russia — the Eurasian pact’s two leading…

Money supply has jumped to unprecedented levels as government borrowing from the Central Bank of Iran takes on extraordinary proportions. CBI data on Saturday show the net value of government’s…

Tax on stock trade took a drubbing in the first six months of current fiscal year (March 21- Sept 22) under a persistent bearish trend.

Tehran stocks opened the week on Saturday under renewed sell-side pressure in almost all categories, bucking a rising trend that lasted for eight sessions in a row. The benchmark of Tehran…

The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first four months (March 21-July 22) shows the output of seven mineral products (out of 12 under review) saw…

A senior Iranian diplomat said unilateral American sanctions on developing countries violate basic principles of human rights, stressing that such illegal restrictive measures amount to crime…

The development of high-speed, decent transportation has gained traction with the allocation of funds for projects in the holy cities of Mashhad and Qom. The government recently allocated 19…

A business delegation from Kazakhstan plans to visit Iran from Oct. 11-13 with the aim of boosting bilateral trade hit by the Covid-19 pandemic, according to the head of the International…

The “food and beverage” group has registered the highest rise in prices among the 12 groups of the basket of consumer goods and services purchased by households.  With a coefficient of 26.…

Iran needs to make up for pressure reduction in its gas fields and prevent a decline in gas output, for which investments worth $22 billion are required in the next eight years, the oil minister…

As groundwater resources in the southern Bushehr Province are drying up, desalination capacity will double in the dry region to reach 70,000 cubic meters per day by March 2022, the energy…

No 1989

The services sector employed 48.8% of the Iranian employed population (11.43 million) in the second quarter of the current Iranian year (June 22-Sept. 22), 0.7% higher than the corresponding…

A total of $1.2 billion worth of goods were exported from Kermanshah Province during the first six months of the current fiscal year (March 21-Sept. 22), registering an 11% growth in terms of…

Iran’s commercial transactions with the US stood at $25.7 million during the first eight months of 2021 to register a 14.9% decline compared with the corresponding period of 2020. Bilateral…

The Ministry of Industries, Mining and Trade's review of the current Iranian year’s first four months (March 21-July 22) shows the output of 15 industrial products (out of 29 under review)…

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

Container loading for export from the southern Shahid Rajaee Port stood at 222,753 TEUs during the first six months of the current Iranian year (March 21-Sept. 22), registering an 18% growth…

The Trade Promotion Organization of Iran again extended the forex realization timeline for exporters and temporarily suspended legal action against non-compliant companies. Forex repatriation…

Total deposits in banks and credit institutions grew by 47% by the end of the first quarter of the current fiscal year (started March 2021), to 43,149 trillion rials ($158.6 billion). Deposits…

Ali Salehabadi was appointed Wednesday as the new governor of Central Bank of Iran. He replaces Akbar Komijani. Salehabadi, 43, is a former CEO of the Export Development Bank of Iran. He also…

The removal of cheap foreign currency and hidden subsidies and their impact on inflation are really a minor concern; the main worry is lack of information to determine eligibility criteria and…