Iran’s polymer industries have a production capacity of 20 million tons, of which close to 15 million tons (around 75%) are not being used, which has had negative effects on Iran’s export…

There are no plans to announce restrictions on water use this summer in Tehran Province, the head of Tehran Water and Wastewater Company said. "The company has forecast water consumption to…

The desalination unit of Shahid Salimi (Neka) Power Plant in Mazandaran Province was launched on Tuesday to help reduce the use of depleting groundwater resources. Constructed by domestic…

Three people were killed and four injured on Tuesday in an oil pipeline explosion in southwestern Khuzestan Province, the head of the Iranian Central Oil Fields Company, a subsidiary of the…

Amir Kabir Petrochemical Plant in Mahshahr, Khuzestan Province, registered a 10-fold profit increase in the last Iranian year (March 2020-21) compared to the year before, managing director of…

Iran’s new ambassador in London said he will try to manage the bilateral relations with the United Kingdom in a logical manner and with realistic approach. In an interview with IRNA in London…

The Atomic Energy Organization of Iran has initiated operations for the production of 20% enriched uranium metal to be used in the Tehran Research Reactor, according to a senior nuclear official…

Iran’s top diplomat on Wednesday told representatives of the Afghan government and the Taliban that Iran is prepared to help the war-ravaged country settle conflicts and establish peace and…

Industrial and tech sectors in Shiraz, the provincial center of Fars, have entered the race for electric vehicle development, hoping to curb air pollution and fuel consumption.

Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered steel and cement production factories to reduce electricity consumption by 10%, otherwise their power supply…

The Purchasing Managers’ Index for the housing sector in the third month of the current Iranian year (May 22-June 21) settled at 60.55 from 57.14 in the preceding month (April 21-May 21),…

The Central Bank of Iran says it is restraining surplus liquidity of banks in the interbank market. In a press release posted on its website, the CBI said it implemented the reverse repurchase…

Performance reports of payment service providers show three major companies handled nearly 57% of the total e-transactions in the fiscal year to March 2021.

Forex and gold prices posted slight gains on Tuesday in Tehran paring some earlier losses.   After pulling back to the critical 250,000-rial level a session earlier, the dollar was quoted…

Tehran’s share market made one of the biggest advances on Tuesday rising for two sessions in a row as demand for most commodity shares remained high. The main gauge of Tehran Stock Exchange,…

President Hassan Rouhani inaugurated via videoconference 62 manufacturing, economic and infrastructure projects worth 31,050 billion rials ($124.2 million) in free trade zones of Maku, Chabahar…

Exports from Semnan Province exceeded 6 million tons worth $1.65 million in the third month of the current fiscal year (May 22-June 21), according to an official from Semnan's Chamber of…

Industrial Development and Renovation Organization of Iran has entered a joint venture with a foreign company to produce explosion-proof LED lamps in Shiraz Special Economic Zone.

The Central Bank of Iran has supplied $5,542 million at the subsidized forex rate of 42,000 rials per US dollar for the import of essential goods since the beginning of the current Iranian year…

After consecutive rallies led by large caps and blue chips, investors now appear to be leaning towards small caps that were largely sluggish in previous sessions.  While there was a…

Foreign exchange rates declined in Tehran’s free market on Monday amid uncertainty about the nuclear talks in Vienna and emergence of the fifth wave of Covid-19 infections across the country.…

Iran Energy Exchange is to launch futures contracts for  petroleum products in near future, the IRENEX chief said.  “The Securities and Exchange Organization approved the guidelines…

The Iran Energy Exchange and Iran Mercantile Exchange, the two commodity exchanges, approved capital increase this week.  In their annual general meetings the two took stock of the capital…

Iran’s Trade Promotion Organization in a notice urged exporters to meet the Sept 21 deadline to repatriate their forex  income.  The deadline is for businesses that exported goods in…

The Education and Human Resources Institute, affiliated with the Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to hold a specialized course on arbitration.