President Ebrahim Raeisi on Thursday instructed his administration to launch a pilot program that restricts the access of unvaccinated people to public services in one province.  Iran…

No 1984

New data released by the Central Bank of Iran show Tehran’s real-estate market has rallied in the sixth fiscal month (Aug. 23-Sept. 22), as both the number of sales and prices were on a growth…

Deposits in private banks reached 18,174 trillion rials ($66 billion) by the end of the fiscal year ending in March, posting 44% growth compared to the year before.

Money issuance by banks is under the stringent oversight of the Central Bank of Iran, the CBI’s head of monetary and credit operations said. In a talk with state TV, Mohammad Nadali said the…

After almost a month of relative stability, foreign exchange rates jumped Wednesday in Tehran’s open market. The dollar crossed the psychological 280,000-rial level gaining 2% or 6,000 rials,…

Tehran’s share market closed trading week Wednesday slightly higher amid unwillingness of retail investors to trade.   The main index of Tehran Stock Exchange, TEDPIX, gained 4,911.37…

Iranian security forces dismantled a foreign-backed terrorist group and killed its ringleader, the Intelligence Ministry said. In a statement on Tuesday, the ministry announced that Iranian…

Iran and Russia agreed on new mechanisms for nuclear cooperation to speed up the progress of joint projects, said the head of the Atomic Energy Organization of Iran. Mohammad Eslami, who was on…

A senior diplomat expressed Iran’s objection to any stockpiling and use of atomic weapons, calling for nuclear disarmament across the world. Deputy Foreign Minister Reza Najafi made the remarks…

The Iran National Innovation Fund, backed by the government, has laid the groundwork for the general public to make micro-investment in startups and technology firms.

A total of 1,380 trillion rials ($4.9 billion) in tax revenues were collected over the first half of the current fiscal year (March 21-Sept. 22), indicating a 62% increase compared with the…

Alireza Barkhor, the CEO of IranAir, has submitted his resignation to Minister of Roads and Urban Development Rostam Qasemi.  Referring to the array of problems facing Iran’s flag carrier…

Azerbaijan’s relations with Iran, its large neighbor to the south, have been in flux since the end of last year’s war with Armenia.  The most recent rocky period started when Azerbaijan…

The plan to overhaul thermal power plants and boost electricity production, which started in August, is on track and will be complete by May 2022, a spokesman for the Power Generation,…

OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another attempt to avert catastrophic climate change. Global fuel consumption will fully…

Daily gasoline consumption in Iran has reached 85 million liters, which is 18% higher than the corresponding period of last year, the head of Gasoline Station Owners Association said. “However…

Arvand Petrochemical Company in Mahshahr, Khuzestan Province, registered a 289% increase in operating revenues in the first half of the current Iranian year (March 21-Sept. 22) compared with the…

No 1983

Iran’s accession to the Shanghai Cooperation Organization is a watershed event for diplomacy, which can also open up new frontiers for the country’s economy. Mohammad Lahouti, the head of Iran…

The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 4% in the sixth Iranian month (Aug. 23-Sept. 22), indicating a 1.4 percentage point…

Iranian container shipping stood at 906,218 TEUs during the first five months of the current fiscal year (March 21-Aug. 22), registering a 13% increase year-on-year, says Farhad Montasar-…

President Ebrahim Raisi said controlling inflation is a high-priority of his government issue and asked Central Bank of Iran to adopt appropriate monetary policy in this regard. “The CBI should…

The government’s plans to end subsidized currency for importing basic goods will expose companies to increasingly higher working capital needs. Head of the Agriculture Commission of Tehran…

To enhance financial literacy and risk management skills of university students, the Central Insurance company of Iran, the industry’s regulator, has proposed adding insurance courses to the…