Eight provinces, namely Chaharmahal-Bakhtiari (10.4%), Isfahan (10.7%), Sistan-Baluchestan (11.7%), Khuzestan (12.6%), Lorestan (12.7%), Kurdestan (13.7%), Kermanshah (14.2%) and Hormozgan (15.3…

An advanced hypersonic ballistic missile developed by the Islamic Revolution Guards Corps Aerospace Force has undergone tests and will be unveiled soon, the force’s commander said.

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei highlighted the longstanding and deep-rooted relations between Tehran and Muscat, saying the enhancement of ties would benefit both…

“Tobacco”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered a 6.4% annualized inflation rate in its Consumer Price…

The Sultanate of Oman and Iran signed two memoranda of understanding (MoUs) and two cooperation agreements in Sa’dabad Palace, Tehran, to enhance development and investments between the two…

Tehran is hosting the 24th International Exhibition of Medical, Dental, Laboratory and Pharmaceutical Equipment, also known as “Iran Health”. Hosting more than 500 domestic and foreign…

Addressing budget deficit and making a return to financial discipline are the main solution to inflation. 

Oil prices rose on Monday after US leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further…

European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies before its invasion of Ukraine, helping to reverse a surge in inflation and…

The pilot project to produce needle coke at the Imam Khomeini Shazand Oil Refinery in Arak County, Markazi Province, has registered 85% progress and is expected to be completed in six months,…

Iran and Oman have signed an agreement on their joint study on the shared Hengam Oilfield in the Strait of Hormuz, the Persian Gulf. The agreement was signed in the presence of President…

The owners of small-scale solar power stations in the rural districts of Fars Province earned close to $1 million in 2022 by selling electricity to the regional electricity firm, the head of the…

Iran's share in Afghanistan’s gasoline and diesel market has reduced significantly over the last three months, the head of the Board of Directors at the Iranian Oil, Gas and Petrochemical…

The production of domestic vehicles (including commercial and passenger cars) reached 193,437 in the first two months of the current fiscal year (March 21-May 21), registering a 48% growth…

Oman’s Sultan Haitham bin Tariq al-Said arrived in Tehran on Sunday for a two-day visit to hold talks with Iranian officials on bilateral relations, as well as regional and international issues…

Preliminary, unofficial results from Turkey’s official Anadolu news agency showed incumbent President Recep Tayyip Erdogan ahead with 49% of ballot boxes counted, while a competing news agency…

Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 9% in the last Iranian year (ended March 20, 2023), indicating a 0.2% decrease compared with the…

Iran Air continues to capitalize on its successes, as it adds an extra flight between Tehran and London Heathrow this summer. The carrier has been working toward continued expansion outside the…

According to global standards, three to five people should be employed against every retiree. In other words, the pension of a retired person is paid from the premium payments of three to five…

Tehran Stock Exchange's main index, TEDPIX, lost 54,209.72 points or 2.35% on Sunday to end at 2,257,012.82 and the TSE equal-weighted index plunged 3.38%. About 14.1 billion shares worth 112.…

The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the…

Members of the Asian Clearing Union (ACU) – a nine-member  group of central banks including those of India, Pakistan and Iran – are to launch a new cross-border financial messaging system…

The former head of the Iran-Oman Joint Chamber of Commerce said Omani Sultan Haitham bin Tariq Al Said's, visit to Iran could pave the way for boosting two-way economic and financial ties. The…

‘Hotels, Restaurants’ Hits  Highest Inflation With 85.3%

A total of $215 million worth of goods were exported from Iran to Central Asian and Caucasian countries, as well as Russia, during the first month of the current Iranian year (March 21-April 20…