The capital market lost its capacity to finance the economy by about a half in the first five months of current fiscal year (March 21-August 22).

The volume of Covid-19 vaccines imported to Iran has exceeded 65 million doses, as the 56th vaccine shipment containing 5 million doses of Chinese Sinopharm arrived on Sept. 23, according to the…

Tehran stocks posted heavy losses in four out of five trading sessions last week, logging the worst weekly performance since November 2020. The main gauge of Tehran Stock Exchange, TEDPIX, shed…

Russia regards Iran’s accession to the Shanghai Cooperation Organization as a very “useful” decision, Moscow’s special presidential envoy for SCO affairs, Bakhtiyor Khakimov, told an online…

Iran and the 27 members of the European Union traded a total of €2.58 billion worth of goods during the first seven months of 2021 (January-July), to register a 2.61% decline compared with the…

The subway project of Tabriz, the provincial center of East Azarbaijan, has received 7 trillion rials ($25.4 million) in new funding in the current Iranian year (started March 21), as the…

The number of Iran’s physicians, health workers and hospital beds per capita is not only lower than the average of upper middle-income economies (the income group in which the country has been…

Following a decline in temperature and electricity consumption by domestic users, in addition to growing action against illegal crypto miners, restrictions on power supply to the industrial…

The rising inflation in the country has kept its upward momentum in the sixth month of the current fiscal year (Aug. 23-Sept. 22), latest data released by the Statistical Center of Iran show.

Rain-fed barley farms have suffered 30-40% of losses due to low precipitation levels and water shortage across the country, says the director general of Grains and Essential Goods Production…

Power supply restrictions on industries, including steel and cement factories, have been removed, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.…

Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory draws. The rally…

The Oil Ministry has invested around $10 billion on the development of Azar joint oilfield in Ilam Province to increase the output from the field, which currently stands at 65,000 barrels per…

United Nations Secretary-General Antonio Guterres applauded ongoing consultations with Iran on Middle East issues, saying the world body welcomes broader cooperation with the Islamic Republic in…

Iran’s top diplomat said European states are only facilitating the US hostile measures against Iran with their inaction on the pressure exerted by Washington to squeeze the country’s economy.…

A senior diplomat said Iran is pleased with how negotiations on bilateral issues have proceeded with Saudi Arabia, underscoring that the two regional powers have the potential to establish “…

Commemorating the start of the Sacred Defense Week, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the Iranian nation will never forget the sacrifices made by the martyrs…

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Governor of Central Bank of Iran, Akbar Komijani, has instructed relevant officials to reconsider new rules set for transferring money via bank cards. The move came after concerns that the new…

The Central Bank of Iran is working on several measures aimed at combating online betting and gambling websites.

After a strong performance last week, bonds issued by the government to fund the budget were well-received by investors this week. The government generated 108.9 trillion rials ($403 million)…

Bank Melli Iran, the major state-owned lender, reduced the number of branches by 6% in fiscal 2020-21. It had 2,952 branches in the previous fiscal year compared to 3,200 a year before,…

Share prices closed lower at the end of trading week on Wednesday after most shares moved back and forth in volatile trade. The benchmark of Tehran Stock Exchange, TEDPIX, lost 4,769.16 points…

Iran’s trade with the Eurasian Economic Union in the first five months of the current fiscal year (March 21-Aug. 22) nearly doubled compared with the corresponding period of last year.

Two universities in the southern provinces of Kerman and Fars have established tech centers, which will enhance academic efforts to strengthen the country’s technology ecosystem. The first…