A domestic knowledge-based company has designed a nanocoating that increases the efficiency of radiators by improving thermal conductivity and reducing energy loss.

Economy Minister Ehsan Khandouzi has called on policymakers to come up with workable roadmaps to expand growth of the key insurance sector and boost its role in the economy. 

Tehran Stock Exchange's main index, TEDPIX, gained 36,150.13 points or 1.58% on Tuesday to end at 2,325,437.38.The TSE equal-weighted index climbed 2.16%. About 25.07 billion shares worth 172.…

Iran traded 159.23 million tons of goods worth $112.82 billion (excluding crude oil exports) in the fiscal 2022-23 (ended March 20), says Rouhollah Latifi, the spokesman of the Iranian House of…

Ilam Province registered the lowest unemployment rate of 6.8% among all Iranian provinces in the fourth quarter of the last Iranian year (Dec. 22, 2022-March 20) while Kurdestan registered the…

The Iranian National Tax Administration earned 4,700 trillion rials (over $9 billion) in tax income during the last fiscal year that ended on March 20, 2023, according to the head of INTA’s…

Pakistan’s steel industry has urged Prime Minister Shehbaz Sharif take action against ongoing smuggling of steel from neighboring countries, which is inflicting huge losses on the national…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian year (started March 21) as “Inflation Control and Production Growth”, which is expected to be at the…

A biogas power station for units 5 and 6 of South Wastewater Treatment Plant in Tehran was inaugurated on Tuesday. It has two generators for the simultaneous production of electricity and heat…

Bandar Abbas Oil Refinery in Hormozgan Province has launched development plans to turn into a petro-refinery, one of which is to become a major petroleum coke producer, the managing…

Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, plans to invest in oil and gas fields for procuring sustainable feed to increase its output and profit in the next five years,…

Iranian armed forces are ready for cooperation in any effort aimed at protecting the security of the region, President Ebrahim Raisi said.  “The presence of our armed forces brings about…

A month before Turkey goes to the polls on May 14, the country’s inflation crisis is a major campaign theme as the six main opposition parties rally around Kemal Kilicdaroglu to create the…

The minister of economy and finance, Ehsan Khandouzi, said the government has fulfilled its promise and transferred surplus assets of banks to the tune of 580 trillion rials ($1.13 billion) by…

If the government tries to observe financial discipline and avoids tapping into monetary resources to cover its expenses, we can be hopeful about the control of liquidity growth and inflation.…

Market analysts have supported new rules announced by the Central Bank of Iran obliging buyers of cheap foreign currency to have forex bank accounts. Ehsan Naser, member of the Iran Chamber of…

New data released by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture show the Purchasing Managers' Index for local industries has…

Tehran Stock Exchange's main index, TEDPIX, gained 14,221.44 points or 0.63% on Monday to end at 2,289,287.41. The TSE equal-weighted index climbed 1.30%. About 23.22 billion shares worth 170.…

The recent hike in the factory prices of two major Iranian automakers has increased car prices in the market but dampened demand, according to the vice chairman of Tehran Car Dealers Union.

The unemployment rate for university graduates stood at 12.8% in the fourth quarter of last Iranian year (Dec. 22, 2022-March 20), registering a 0.2% year-on-year decrease, according to the…

Iran and African countries traded 2.46 million tons of goods worth $1.23 billion during the 11 months from the beginning of last Iranian year (March 21, 2022-Feb. 19, 2023).

Tehran Stock Exchange-listed mining companies earned 6.39 quadrillion rials ($12.47 billion) in sales in the last Iranian year that ended on March 20, 2023, registering a 10% rise compared to…

Iran’s economic growth, excluding oil, stood at 4% in the fiscal 2021-22 and was slightly higher when oil sector was included, the Central Bank of Iran reported. 

Oil prices were steady on Monday as investors awaited Chinese economic data for signs of demand recovery in the world's second-largest oil consumer. Brent crude futures nudged 7 cents lower to…

Upon the completion of projects to supply gas to villages in Kermanshah Province last year (March 2022-23), about 90% of rural regions in the western province are now connected to the national…