Pardis Technology Park, located in east Tehran, has signed an agreement with the National Petrochemical Company to help indigenize its technologies, equipment and materials.

Iran’s non-oil foreign trade stood at 79.1 million tons worth $45 billion during the first half of the current Iranian year (March 21-Sept. 22), registering a 47% growth in value compared with…

A total of 280,000 tons of colza were produced in Iran in the current crop year, according to the director of Agriculture Ministry’s National Oilseed Project. Noting that production shows a 3%…

Policymakers’ shortsightedness and the existence of a mafia-like syndicate that controls thermal power plants has caused Iran to remain fully dependent on fossil fuel-based power, a lecturer at…

The production of methylene diphenyl diisocyanate (MDI) at the Karoun Petrochemical Company during the sixth month of the current Iranian year (Aug. 23-Sept. 22) had a 17.1% increase compared…

Iranian steel mills produced 20.4 million tons of crude steel in the first eight months of 2021, registering a 9.7% rise compared with the corresponding period of 2020. According to the latest…

Iran’s home appliance and kitchen utensil exports, mainly to Iraq and Afghanistan, stand at $300 million annually, according to the director general of Trade Promotion Organization of Iran's…

A total of 52,800 tons of red meat were produced in official slaughterhouses during the month ending Aug. 22 to register a 43% rise compared with the similar month of last year. Meat output…

Iran’s bid to become a full member of the Shanghai Cooperation Organization dates to one year after it received observer status in 2005. All along, however, the most important legal obstacle to…

Trade at the Iran Mercantile Exchange picked up in the last calendar month ending Sep.22 thanks to large scale cement offers.   Goods weighing 8.06 million tons were traded in the spot…

Interbank rates continued to rise for the fifth consecutive week, reaching 19.1% as of Sep. 23, up from 18.29% a month ago.

Bad checks worth 299 trillion rials ($1.1 billion) bounced in the month to August 22, indicating a 30.8% rise over the preceding month. According to Central Bank of Iran data, the number of bad…

The Governor of Central Bank of Iran Akbar Komijani conferred with Udaya Prabath Gammanpila, the visiting Sri Lankan energy minister on Saturday. Recalling the longstanding commercial relations…

IMF chief Kristalina Georgieva criticized as false and spurious the findings of an independent probe into allegations that as World Bank head she pressured staff to manipulate data to make China…

A total of 176,000 tons of raisins worth $230 million were exported from Iran in the last Iranian year (March 2020-21), according to a deputy agriculture minister. “Out of the total sum, around…

President Ebrahim Raeisi’s pledge to build one million residential properties annually is a unique opportunity for the revitalization of decaying urban areas of all Iranian metropolises, says…

The new school year started in Iran on Saturday morning as the Covid-19 pandemic compelled most pupils to stay at home for the beginning of the semester.  Vocational schools and schools…

The Foreign Ministry spokesman reiterated Tehran’s resolve to engage in only results-oriented talks on ways to revive a nuclear deal it reached with world powers in 2015, saying it is high time…

The average goods and services Consumer Price Index of “furniture, home appliances and their maintenance” in the 12-month period ending Sept. 22, which marks the end of the sixth Iranian month…

Agriculture was the only economic sector in Iran to have experienced negative growth in the first quarter of the current Iranian year that started on March 21. According to the Statistical…

Mobarakeh Steel Company, the largest steel company in Iran and the wider Middle East and North Africa region, is the first industrial complex that has replaced freshwater with reclaimed…

The construction of Konjancham Dam in Mehran County, Ilam Province, has registered 85% progress and the budget to complete the project will be allocated soon, Ali Akbar Mehrabian, the new energy…

The technology ecosystem and a domestic copper company signed seven contracts totaling 500 billion rials ($1.8 million) with the help of the state-backed Iran National Innovation Fund.

No 1980

A recent comparative study of insurance companies shows firms affiliated to bank-affiliated companies had a better peformance A recent comparative study of insurance companies showe that…