Trade and economic ties between Oman and Iran have burgeoned in recent years, as both countries leverage their geographical proximity, historical ties and strong neighborly relations to boost…

The latest report by the International Energy Agency ranks Greece second in theoretical photovoltaic penetration, which index reflects the world countries’ solar energy production potential at…

Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three…

Investment in global coal production and supply in 2023 is expected to increase by about 10% from the $135 billion spent in 2022, the International Energy Agency said.

The trial delivery of ethane from the Bidboland Persian Gulf Gas Refinery to Gachsaran Petrochemical Company through a 90-km pipeline started on Saturday, the Oil Ministry’s news service Shana…

Gasoline consumption is projected to reach an unprecedented average of 135 million liters per day in summer, the head of Gas Stations Guild Union said.

Iran’s floating gas condensate inventory has reduced substantially, owing to exports and higher domestic consumption over the last two years, the oil minister said.

Microsoft is challenging Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard on the grounds of "fundamental errors" in the assessment of Microsoft's…

After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition…

A knowledge-based company has produced a multipurpose machine for the decontamination of medical waste. Tose’e Eemen Electronic Bakhtaran is the producer of the domestic waste decontamination…

Iran is increasing wheat production, such that output stood at 12 million tons in the 2021-22 crop year and rose to 13.2 million tons in 2022-23, according to the US Department of Agriculture.…

Tehran Stock Exchange's main index, TEDPIX, lost 34,746.13 points or 1.48% on Saturday to end at 2,311,221.79 while the TSE equal-weighted index gave up 1.53%. About 12.46 billion shares worth…

Majid Moshalchi, the deputy chief of the Central Insurance company of Iran (CII), the industry regulator, has disclosed details about ten major brokers and agents with major debts to the…

Iran Fara Bourse (IFB) ended the second month of the Iranian calendar year (April 20-May 21) with substantial growth in trade, market share and overall performance. According to the IFB public…

Collective illusions are convictions and beliefs that are formed in social groups and can be observed in that group in a stark manner, Todd Rose, a professor at the Harvard Graduate School of…

To help underpin bilateral trade and economic ties, a cooperation agreement was signed between insurance companies from Iran and Syria.  Iran’s Alborz Insurance Company and the Syrian Al-…

Making an improvement in people’s livelihoods is the goal of all economic policies. Economics and all policymaking tools should help promote economic growth and public well-being. With that in…

Iranian President Ebrahim Raisi described constructive interaction among the member states of the Organization of the Petroleum Exporting Countries as a crucial factor in the organization’s…

A heavy sandstorm carried by strong winds from neighboring countries in the west was set to hit several western and southern provinces on Saturday evening, the Iran Meteorological Organization…

The Iranian ambassador in Muscat said the upcoming visit by Oman’s Sultan Haitham bin Tariq Al Said to Tehran will help strengthen cooperation between the two countries. Speaking to the…

Advancing the administration’s economic policies requires proper coordination between the foreign ministry and relevant state organizations, according to the first vice president. 

A total of 457,000 tons of goods worth $186 million were exported from Iran to Iraq from Parvizkhan Border Terminal during the first two months of the current Iranian year (March 21-May 21),…

A total of 4.1 million tourists visited Iran in 2022, indicating a 315% rise compared to the year before, according to the United Nations World Tourism Organization. The whopping rise in the…

Tunisia is able to export 6 million tons of green hydrogen to Europe by 2050, said Director General of the Electricity and Energy Transition at the Ministry of Industry, Mines and Energy…

After years of neglect, Germany is making concrete plans to reduce the emissions produced through heating the country’s buildings, which are directly responsible for around 15% of the country’s…