Social security and insurance is a complicated issue in Iran given the favorable and dominant paradigm of social insurance during the last century, which is based on the Bismarckian model (…

The Food and Agriculture Organization of the United Nations has taken positive step towards curbing the spread of red palm weevil (RPW), a highly destructive transboundary pest that can cause…

Iran’s foreign trade excluding crude oil exports stood at $6.73 billion in the first month of the new fiscal year (March 21-Apr. 20), according to the latest statistics released by the Islamic…

The Islamic Republic of Iran Customs Administration says Iran intends to increase annual trade with the Eurasian Economic Union to $10 billion within less than two years.

A knowledge-based company is using indigenous technology to produce metallic goods recycled from waste from zinc factories. One key function of Kimia Gostar-Sepehr Zangan Company is recycling…

Public transit companies in Germany say more than 3 million people have already snapped up a new ticket being launched Monday that allows them to use all local and regional trains, buses and…

Tehran Stock Exchange's main index, TEDPIX, gained 1,299.17 points or 0.05% on Monday to end at 2,480,639.87.The TSE equal-weighted index was up 1.03%. About 23.27 billion shares worth 170.31…

The Central Bank of Iran's long-awaited plan for reforming retail e-payment fees is in the final stages and should reportedly reduce the share of accepting banks by charging merchants instead.…

The central bank has stopped allocating forex to importers who buy currency from the free market before applying for foreign currency at cheaper prices. In a letter to his deputy for forex…

SAIPA Automotive Group has imported its first shipment of cars that will be delivered to customers in the coming weeks. The domestic automaker imported a total of 1,108 cars produced by Changan…

Iran traded 655,526 tons of goods (excluding oil) worth $732.59 million with Latin American countries in the fiscal 2022-23 (ended March 20), registering a 62.06% and 41.21% fall in terms of…

A total of 6.89 million tons of goods worth $2.76 billion were exported from Kermanshah Province’s customs terminals in the fiscal 2022-23 (ended March 20), registering a 6% and a 1% rise in…

Iran’s economic growth stood at 3.7% during the nine months ending Dec. 21, 2022, which is lower than that registered in the preceding year’s corresponding period.  Where did this economic…

Exports of different forms of steel declined in the financial year 2022-23 (ended March 20), latest data released by the Iranian Steel Producers Association show. A total of 7.37 million tons…

A total of 62,595 tons of fresh and dried apples worth $215.09 million were exported from Iran in the fiscal 2022-23 (ended March 20), registering a 36% decline in terms of weight compared with…

The International North-South Transportation Corridor (INSTC) has witnessed a whopping surge of 360% in cargo transit after its Caspian Sea route was launched by Khazar Sea Shipping Lines…

A total of 50 billion liters of crude oil and petroleum products were transferred via pipelines from Tehran to northern regions, namely Gilan and Mazandaran provinces in the last fiscal year (…

Oil fell on Monday as concern over the economic impact of the US Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new OPEC+ supply…

The executive operations of Namin Petrochemical Complex in Namin County, Ardabil Province, is almost complete, but its launch will depend on meeting environmental standards, the director general…

Ilam Gas Refining Company reduced its gas flaring last year (March 2022-23) by 33% compared to the previous year, the managing director of the refinery said.

Tehran would react to any illogical measure by western parties to the 2015 nuclear deal regarding the agreement and negotiations to revive it, a senior Iranian diplomat said. 

The Central Bank of Iran said Sunday foreign debt was near $6.40 billion by the end of the eleventh calendar month to February 22 -- $2.7 billion or 25% lower on fiscal March 2021-22. 

Iran's Trade Promotion Organization (TPO) says the country will soon start using cryptocurrency to pay for imports.  Alireza Peymanpak, the TPO chief, said that the Central Bank of Iran…

Tehran Stock Exchange's main index, TEDPIX, gained 40,787.23 points or 1.67% on Sunday to end at 2,479,339.73. The TSE equal-weighted index added 1.94%. About 24.7 billion shares worth 192.84…

Iran’s trade with Afghanistan (non-oil exports plus imports) stood at 3,405 tons worth $1.66 billion in the fiscal 2022-23 (ended March 20), registering a 10% fall in terms of value compared…