After rallying two sessions in a row, Tehran stocks went into correction phase on Tuesday as the benchmark of Tehran Stock Exchange failed to advance above the resistance level of 1.3 million…

Iran’s commercial transactions with the US amounted to $16.6 million during the first five months of 2021 to register a 17.5% decline compared with the corresponding period of 2020. Despite the…

Iran’s EU mission condemned recent statements by the secretary-general of the North Atlantic Treaty Organization on the need for Iran to fully implement its obligations under its safeguards…

The government of outgoing President Hassan Rouhani has been doing its utmost to ensure a smooth transition of power to the future administration led by president-elect Ebrahim Raeisi, according…

Japan’s Foreign Ministry announced on Tuesday its intention to donate some 2.9 million AstraZeneca vaccine jabs to Iran in the near future. Foreign Minister Toshimitsu Motegi said Tokyo is…

Iran National Innovation Fund, affiliated with the Vice Presidential Office for Science and Technology, pays tech companies 1.2 billion rials ($4,800) to help them exhibit their products in…

The World Steel Association’s latest report shows Iran is the world’s second biggest producer of direct reduced iron after India. A total of 12.18 million tons of DRI, also known as sponge iron…

The average goods and services Consumer Price Index of “leisure and culture” in the 12-month period ending June 21, which marks the end of the third Iranian month of fiscal 2021-22, increased by…

A total of 120 million trout eyed eggs worth $3.1 million were imported during the last Iranian year (March 2020-21), showing a 162% and 60.76% plunge in the number and value respectively…

A total of 2,143 tons of commodities worth $3 million were exported by Gilan Province’s cooperatives during the first three months of the current Iranian year (March 21-June 21), showing a 157%…

Iran’s domestic demand for apparel stands at 510,000 tons, while annual production is around 385,000 tons per year, according to the vice chairman of Iran's Textile and Apparel Production and…

Registration for the fifth round of recruitment exam of private sector companies started on July 10 and will continue for two weeks.  According to Mohammad Hossein Qamari, secretary of the…

Tehran is losing the battle against land subsidence, as the earth sinks in some plains of the province by about 30 centimeters every year, and conditions are more critical in Shahriar and…

The center for development of downstream petroleum industry at the Research Institute of Petroleum Industry is producing lubricants for wellhead valves, director of the research center said.

Big power users, including automakers, steel complexes and cement factories who say load shedding will sound the death knell of their industry, want the government to pass regulations to help…

The output of Nouri Petrochemical Company in southern Bushehr Province increased by about 527,000 tons in the last Iranian year (March 2020-21) compared to the preceding year, which resulted in…

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It is time for Iran to adopt a united approach to the 2015 nuclear deal to be able to reap its potential benefits to the fullest, said a Foreign Ministry report on the implementation of the…

The Health Ministry logged over 20,800 new cases of the coronavirus on Monday, an 18% single-day rise compared to a day earlier as the fifth wave of the pandemic shows no sign of abating.…

A total of 600,000 tons of vegetable oil were produced in Iran during the first three months of the current Iranian year (March 21-June 21). According to the secretary of Iranian Vegetable Oil…

Setad Foundation (Headquarters for Executing the Decree of Imam Khomeini on helping the underprivileged) will grant mothers who have their fourth child 10 million rials ($40) as a gift, plus 20…

Deals worth 187.3 trillion rials ($780 million) were handled in the spot market of the Iran Energy Exchange (IRENEX) in the first three months of the current fiscal year (March 21-June 21),…

A senior banker said economic and monetary authorities need to take into account the viability and practicality of their policies when setting economic targets.

The Majlis Commission for Article 90 has asked the economy minister to provide details of the megamerger involving five military banks and the state-owned Bank Sepah in December.

Lawmakers are studying a proposal by the government and the Central Bank of Iran to slash four zeros off the national currency and switch the national currency from the rial to toman.