The number of bad checks have increased in the calendar month to June 21 three months after enforcement of stringent new rules to help improve credibility of check transactions. Data released…

Iran Fara Bourse, the junior equity market in Tehran, launched an internet TV on Sunday to help improve the financial literacy of stock market investors. The ITV “Vachar”, is borrowed from the…

Demand for large caps boosted the Tehran stock market on Sunday following a lukewarm session a day earlier. The main index of Tehran Stock Exchange, TEDPIX, gained 10,100 points or 0.72% to end…

The European countries may not allow the entry of Iran’s old trucks in the future, says an official with the Road Maintenance and Transportation Organization of Iran, affiliated with the…

Iran’s Gini Index stood at 0.4006 in the last fiscal year (March 2020-21) compared with the previous year’s 0.3992, the Persian-language daily Shargh reported, citing the Statistical Center of…

The sales of heavyweight mining firms stood at 1,792 trillion rials ($6.97 billion) during the first four months of the current fiscal year (March 21-July 22), registering a 151% growth year-on-…

Iran’s commercial transactions with the US amounted to $20.1 million during the first six months of 2021 to register a 15.9% decline compared with the corresponding period of 2020. Bilateral…

President Ebrahim Raeisi appointed Mohammad Mokhber as first vice president on Sunday in a first decree after his inauguration.

Iran’s daily death toll caused by Covid-19 surpassed 500 for the first time since the start of the outbreak as the highly transmissible Delta variant ravages the country. The Health Ministry on…

Iran expressed concerns about the modernization of atomic arsenal by nuclear-weapon states, especially the United States, in breach of the nuclear Non-Proliferation Treaty, urging global…

Members of the Tehran City Council elected Alireza Zakani as the mayor of the capital with 18 out of 21 votes on Sunday. The council had earlier said Zakani was unofficially elected as mayor,…

Due to Iran's dry and semi-arid climate, water scarcity has long been a problem, forcing governments and academics to explore innovative ways to manage water usage. One of the key bodies…

Estimates show that Iran’s electricity consumption will be around 78,000 megawatts in the next five years, and in case the current level of electricity generation does not increase, the country…

Tabriz Oil Refinery in East Azarbaijan Province has invested $500 million in development projects over the last 10 years to be able to compete with rivals in international markets, managing…

No 1943

Potable water consumption in Tehran has surpassed 500 million cubic meters since the beginning of the current fiscal year (March 2021-22) while precipitation has declined by at least 40% in the…

Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the unfair US sanctions on the country…

The managing director of Iran Mercantile Exchange in a letter to banks announced that the IME is willing and able to help them divest their non-financial assets. Addressing managers of 27 state…

The Iranian National Tax Administration has prepared a draft proposal for taxing cryptocurrency exchanges and called on the relevant regulatory bodies to pave the way for legalizing the crypto…

After eking out a 7% gain a week before, Tehran stocks started a lukewarm session at the beginning of trading week on Saturday. The main index of Tehran Stock Exchange, TEDPIX, gained 1,718.18…

Assets owned by banks reached 84,606.4 trillion rials ($338 billion) by the end of the previous quarter on June 21, 50.3% higher y/y. Foreign assets grew 60% y/y from 12,586.4 trillion rials ($…

President Ebrahim Raeisi said Iran is determined and open to expansion of relations with the United Arab Emirates, stressing that Tehran sees no boundaries to promotion of mutual ties,…

Newly inaugurated President Ebrahim Raeisi said on Saturday that the relevant officials have one week to finalize and present a comprehensive plan to revamp the country’s Covid-19 response.…

Iran is fully committed to ensure the security of the strategic waterways of the Persian Gulf and the Strait of Hormuz and deems it part of its own national security, said a senior Iranian…

A total of 2,500 dilapidated urban taxis have been renovated and delivered to applicants since the beginning of the current Iranian year (March 21), the head of Iran Taxi Union said. According…