Major local carmaker Iran Khodro (IKCO), in collaboration with Iran Taxi Union, plans to replace 30,000 dilapidated taxis with Euro 4 and 5 CNG-hybrid vehicles by the end of the current fiscal…

The Fifth International Fisheries Industry Exhibition, also known as “IFEX 2021”, is scheduled to be held in Tehran’s International Fairground from October 19 to 22. Experts, businesspeople and…

The Civil Aviation Organization of Iran strongly opposes the airlines’ decision to raise ticket prices, says Mohammad Hassan Zibakhsh, the spokesperson of the organization. 

The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the third Iranian month of the fiscal 2021-22, increased by 43% compared with…

OPEC+ is discussing whether to further boost production at next week’s meeting, as the oil market looks increasingly tight. Moscow is considering making a proposal that the group should ease a…

To help complete the urea value chain in Lordegan Petrochemical Company in western Chaharmahal-Bakhtiari Province, an engineering, procurement and construction contract was concluded between…

The first well drilled in the Asmari reservoir of Abuzar Oilfield in the Persian Gulf to increase crude oil production has now become operational, the head of petroleum engineering at the…

A senior Iranian official said on Wednesday the United States is ready to remove all sanctions on Iran’s oil, shipping, and financial institutions. The remarks by outgoing President Hassan…

Iran called on the United Nations to help facilitate a peace process in Afghanistan aimed at ending decades of bloodshed in the conflict-ridden country, saying a more stable Afghanistan will…

Government Spokesman Ali Rabiei on Tuesday urged each and every political faction to support president-elect Ebrahim Raeisi following the 20201 presidential polls. “It’s expected from all…

Iran’s Foreign Ministry congratulated Armenia on holding the snap parliamentary election successfully, hoping for the expansion of friendly relations between the two neighbors. In a statement…

In a telephone conversation with president-elect Ebrahim Raeisi, Afghanistan’s President Ashraf Ghani called for the enhancement of ties with Tehran in various fields. The Afghan president…

Starlink, the satellite internet unit of Elon Musk's SpaceX, intends to provide continuous global coverage by around September but will then need to seek regulatory approvals, its president,…

The Iranian government’s policy shift to transform its oil-based economy to a knowledge-based one since the start of President Hassan Rouhani’s first tenure in 2013 has fostered the expansion of…

Transit via Iranian border crossings and the country’s foreign truck commutes have increased to levels recorded before the outbreak of the coronavirus pandemic, says director general of the…

Exports to South Africa stood at 148,000 tons worth $32 million in the first two months of the current fiscal year (March 21-May 21), registering a 279% and 451% growth in weight and value…

The share of nuclear power in Iran's power mix is expected to experience a 700% growth to reach 8 gigawatts by 2041. Energy Minister Reza Ardakanian made the statement in a parliamentary…

Arvand Petrochemical Company in Khuzestan Province has increased its chlorine output by 17% in the last Iranian year (ended March 20, 2020) compared to the previous year, helping increase the…

The main gauge of the Tehran Stocks Exchange, TEDPIX, gained 4,835 points or 0.42% on Monday to end trade at 1,168,592.65. About 9.34 billion shares valued at 64.16 trillion rials ($267.3…

The nationwide e-payment settlement network, Shaparak, processed more than 33.16 billion payments worth 54,571 trillion rials ($228.8 billion) in the last fiscal year that ended in March. The…

The plan to set up an international bourse in the free economic zones is again under discussion after being put on the back burner. Speaking on the sidelines of a ceremony to unveil government…

Unauthorized cryptominers consume as much as half the total daily power used in Tehran City, an official with the Iran Power Generation, Distribution and Transmission Company (Tavanir) said.

Financial resources worth about 3,000 trillion rials ($12.7 billion) are parked in fixed income investment and brokerage firms and should flow into the share market, head of the Securities and…

In his first post-election press conference, president-elect Ebrahim Raeisi said balanced interaction with the international community will be the central pillar of his administration’s foreign…

Top diplomats said Sunday that further progress had been made at talks between Iran and global powers to try to restore a landmark 2015 agreement on the Iranian nuclear program that was…