More than 14,000 Iranians visited Armenia from June 22 to July 16, Rouhollah Latifi, the spokesperson of the Islamic Republic of Iran Customs Administration said on Saturday. Almost all…
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The first phase of a project is underway to transfer desalinated water from Parsian Special Economic Energy Zone in southern Hormozgan Province in the Persian Gulf to Lamard Special Economic…
newsUS investment bank Goldman Sachs said the OPEC+ agreement to boost oil supplies supports its view on oil prices and expects a modest “upside” from its summer forecast for Brent to reach $80 a…
newsThe Persian Gulf Bidboland Gas Refinery in southern Khuzestan Province is planning to produce jet fuel, managing director of the refinery said. “A pilot project is underway to desulfurize…
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newsGold traders will benefit from the new government decision to adjust value added tax on gold trade, head of the Mashhad Gold and Jewelry Union said. “VAT relief could encourage people to buy…
newsTehran stocks opened on Sunday under renewed sell-side pressure, which partially eased in the later hours amid demand for some large caps. The main index of Tehran Stock Exchange, TEDPIX, shed…
newsThe Securities and Exchange Organization has approved regulations for setting up public joint stock companies whose main function will be project funding. A “Project Public Joint Stock Company…
newsThree hundred investment funds operate in Iran’s stock market with about 10.2 million investors, an official with the Securities and Exchange Organization said. “These investors have opted for…
newsA Central Bank of Iran report said the government’s debt to the banking sector increased by 50.8% in the last fiscal year that ended in March. Government debt to the central bank reached 1,152.…
newsThe upstream steel industry registered growth in the production of iron ore concentrate, pellet and direct reduced iron in the first quarter of the current fiscal year (March 21-June 21)…
newsHeavyweight mining firms earned 1,617 trillion rials ($6.5 billion) in net profit in the fiscal 2020-21, registering a 167% year-on-year growth.
newsA total of 29,000 tons of medicinal and ornamental plants and herbs worth $49 million were exported from Iran during the first quarter of the current Iranian year (March 21-June 21), according…
newsWith the support of Iran’s Vice Presidential Office for Science and Technology, 16 products related to regenerative medicine, including stem cell therapies, were unveiled on Saturday. The event…
newsIran’s exports to its top five destinations during the first three months of the current Iranian year (March 21-June 21) accounted for 74% of its total exports, according to the head of the…
newsUnderemployment, the condition in which people in a labor force are employed for less than 44 hours of service per week, stood at 9.8% in the first quarter of the current Iranian year (March 21-…
newsOil prices are sending mixed signals about the production-consumption balance in the second half of 2021 and early 2022, implying the market is currently tight but likely to see significantly…
newsThe National Iranian Oil Company is ready to export crude oil from its new terminal at Jask off the Sea of Oman, the head of NIOC said.
newsMore than 98% of the population in Tehran Province have access to natural gas, managing director of the provincial gas company said. “In the last Iranian year [March 2020-21], Tehran Gas…
newsA total of 86,367 tons of rice worth $78.14 million were imported into Iran from the beginning of the current fiscal year on March 21 to July 6, marking a 70% decline in both weight and value…
newsThe Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold six specialized business courses.
newsA total of 375,407 tons of banana worth $255.31 million were imported into Iran in the last fiscal year (ended March 20, 2021).
newsPresident Hassan Rouhani on Saturday reported a significant drop in adherence to Covid-19 safety measures despite the recent climb in cases and hospitalizations.
newsThe spokesperson for China’s Foreign Ministry stressed the need to save the 2015 Iran nuclear deal, urging the US to take concrete actions to regain the international community’s trust and make…
newsTehran’s share market was choppy at the start of trading week on Saturday as a strong rally in the early hours weakened as trading session drew to a close. Despite mounting sell-side pressure…
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