Prices of natural and liquefied gas feedstock delivered to the petrochemical sector will be calculated on the basis of rates in the Integrated Forex Deal System, locally known as Nima, a…

Iranian Education Minister Yousef Noori resigned on Monday after widespread discontent at a delay in the payment of salaries for teachers at the end of last Persian year in March. Iranian…

Iran on Monday attended a four-party meeting at the level of deputy foreign ministers in Moscow to help normalize relations between Ankara and Damascus.  The consultations were expected to…

Following the surge in daily Covid infections over the New Year Holidays, the number of hospitalized patients and fatalities are expected to follow suit in the next two weeks, an official with…

The production of domestic vehicles (including heavy, commercial and passenger cars) reached 1.348 million in the fiscal 2022-23 (ended March 21), registering a 40% growth compared with the…

Saudi Arabia's Finance Minister Mohammed Al-Jadaan says Saudi investments into Iran could happen "very quickly" following an agreement to restore diplomatic ties.

The largest investor in Iran in the last financial year, which ended on March 20, 2023, was Russia, Iran’s Minister of Economy and Finance Ehsan Khandouzi stated. He said Russia invested $2.76…

Miad Salehi, the CEO of the Islamic Republic of Iran Railways, has announced that Iran and Iraq have agreed to resume the construction of the Shalamcheh-Basra railroad and relaunch the Tehran-…

Egypt will soon allow Iranians traveling with tour groups to obtain visas on arrival in the south of its Sinai Peninsula with a view to extending access to other parts of the country, Egyptian…

Agreements between the heads of state will considerably help boost trade between Belarus and Iran, Iran’s new Ambassador to Belarus Alireza Sanei was quoted as saying by BelTA.

Officials within the Afghanistan Chamber of Commerce and Investment said a joint chamber of commerce with both Afghanistan and Iran will be formed in the new fiscal year that started on March 21…

The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets…

Iran’s foreign debt was $6.50 billion by the end of the tenth calendar month to January 22, the Central Bank of Iran said -- almost 25.1% lower on the last fiscal year that ended on March 20.…

Russia and Iran continue to work on the integration of Russia's Mir payment system with Iran's Shetab through specialized agencies, the director of the Economic Cooperation Department of the…

The number of domestic messengers and social media application users has increased significantly in the past few months and shows a rising trend, but will these communication apps attract more…

Russian Railways expects to sign intergovernmental agreements this year on the completion of the Rasht-Astara railroad in Iran, Sergei Pavlov, the company's first deputy head, told reporters on…

The agreement on visa-free travel between Russia and Iran will be implemented in 2023, with the designation of tour operators who can put tour groups together, Russian Economy Minister Maxim…

The Oman-Iran Business Council on March 22 held its first meeting of 2023 under the chairmanship of Mohammed Abdul Hussein Baqer, the head of the Omani side in the council.

Historically, India and Iran have been the main trading partners of Persian Gulf Arab states, with the two making up a majority of imports, particularly for food commodities, for decades. The…

The route from Dagestan to Iran via Azerbaijan should be built faster, as it will always be in demand, as well as the International North-South Transportation Project via Iran to India. …

Iran has strongly pitched for faster implementation of the Chabahar Port project as well as the use of the facility by India to send various shipments, saying the key transit hub will benefit…

Iran experienced an average annual inflation rate of 46.5% in the last fiscal year that ended on March 20, 2023, according to the Central Bank of Iran. CBI says the Consumer Price Index stood…

Gas production from the giant South Pars Gas Field’s Phase 11 will start this year, the managing director of the National Iranian Oil Company said.

About 33 gas- and steam-powered units in thermal power stations have been synchronized with the national power grid since 2021, director general of the planning office at the Thermal Power Plant…

The second phase of Abadan Oil Refinery’s expansion plan in Khuzestan Province, which was completed last week, will not only help improve environmental conditions but also increase the supply of…