The combined output of Iran’s two major coal producers stood at 84,116 tons of coal concentrates during the first two months of the current fiscal year (started March 20, 2021), lower than 107,…

The average goods and services Consumer Price Index of “housing and utilities” (water, electricity, natural gas and other fuels) in the 12-month period ending June 21, which marks the end of the…

Tehran Province attracted $1.2 billion of foreign investments in the form of 27 contracts during the last fiscal year (ended March 20, 2021), according to Farzaneh Dehnadi, the head of Economic…

The project to build a new pipeline to transfer water from Nahand Dam to Tabriz, capital city of East Azarbaijan Province, has registered 95% progress, managing director of the provincial…

Tight natural gas supply and a rebound in electricity consumption have combined to push thermal coal prices to the highest in a decade and insufficient rainfall in China has contributed to the…

The replacement of dilapidated gas turbine in 52-year-old Besat Thermal Power Plant in southern Tehran with a domestically-manufactured F-class gas turbine will help curb water consumption by 95…

Health Minister Saeed Namaki on Saturday attended the unveiling of locally-produced Sputnik V vaccines originally developed by Russia, Iran’s latest attempt at ramping up vaccine rollout. The…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei approved a proposal to grant amnesty to or commute sentences of more than 5,000 prisoners on the occasion of the birth anniversary…

It is the United States who must make a decision to return to the 2015 nuclear deal by effectively meeting its obligations and removing the illegal sanctions, an Iranian senior diplomat said.

Iran’s permanent representative to Vienna-based international organizations reminded the International Atomic Energy Agency that Tehran is only committed to honor its obligations under the…

The Agriculture Ministry has agreed to the export of 500,000 head of livestock owned by Iranian nomadic tribes, according to CEO of the Nomadic Cooperative Association of Livestock Farmers.

Iran’s commercial exchanges with its leading trading partner, China, stood at $5.49 billion in the first five months of 2021, to register a 14% decline compared with the corresponding period of…

Seventy-one hospitals were built and operated from the fiscal 2013-14 to the fiscal 2020-21, according to the Public and State-Owned Buildings and Facilities Construction Organization affiliated…

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

The Social Security Investment Company, the biggest holding company in Iran, plans to increase its capital to a level unprecedented in the history of the Tehran Stock Exchange, the CEO of the…

Ten big banks operated more than 47,000 automated teller machines (ATMs) in Iran by April 21, accounting for 78% of the total. Total number of ATMs rose to 60,933 machines, up about 6% in the…

The Central Insurance company of Iran has banned seven companies from selling third-party auto insurance policies because of their failure to meet CII's deadline for cutting ties with…

Tehran stocks opened higher on Saturday extending a winning streak into the sixth day. The benchmark of Tehran Stock Exchange, TEDPIX, closed 20,728.67 points or 1.71% higher, ending trade at 1…

The new government needs to address super challenges, as the country will not be an oil exporter by the end of the next decade, says Vahid Shaqaqi-Shahri, an economist and university professor…

Iran's apparent steel usage, defined as production plus imports minus exports, sometimes also adjusted for changes in inventories, increased during the first two months of the current Iranian…

More than 132,000 tons of goods were exported through Bileh Savar border terminal of the northwestern Ardabil Province during the first three months of the current fiscal year (March 21-June 21…

Iran’s major automaker Iran Khodro Company (IKCO) has slashed capital flight worth €13 million through the indigenization of auto parts production since the beginning of the current Iranian year…

Sixteen petrochemical projects worth approximately $17 billion are being developed by the Persian Gulf Petrochemical Industries Company.  The initiatives will help complete the value chain…

A development project to expand and renovate Abadan Refinery in Khuzestan Province has registered 80% progress and its completion is expected in 2022. Costing $3.2 billion, the venture includes…

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