Iran’s commercial vehicle manufacturers could not utilize their full production capacity, while demand declined in the current fiscal year (ending March 20). Statistics indicate that the…

Iran has demonstrated its resolve to ensure the common interests of regional nations through effective steps, the Iranian Foreign Ministry said, following a recent deal to restore ties with…

Financed by industries, power station projects with a capacity of 1,500 megawatts have made 50% progress and will become operational by June, a deputy managing director of Iran Power Generation…

The construction of Golestan Petrochemical Plant in Golestan Province will resume in May with the investment of the Persian Gulf Petrochemical Industries Company. The petrochemical complex, a…

A sewage collection project in the city of Kut-e Abdollah, Karoun County, Khuzestan Province, has made 50% progress and is expected to become operational by the end of 2023, managing director of…

An in-depth analysis of recent statements by various political figures points to the vision of future economic impetus by fully relying on the consolidation of trade and economic ties with…

Iran traded 86.84 million tons of goods worth $52.93 billion, excluding crude oil exports, with 15 neighboring countries that share land or sea borders, from the beginning of the current Iranian…

When it comes to policymaking, preferential trade agreements are classified into traditional and advanced, such that the former covers few policy areas and focuses on tariff reduction, while the…

Majlis, the Iranian Parliament, has concluded its amendments to the fiscal 2023-24 budget bill and sent it to the Guardians Council for final approval, Majlis Speaker Mohammad Baqer Qalibaf said…

The 10th round of the commerce chambers elections concluded late Saturday and the preliminary results were announced soon after. The elections, held every four years at the county level, are…

New data released by the Iran Chamber of Cooperatives show the Purchasing Managers’ Index for the construction sector is nearing the threshold but remains contractionary. The PMI settled at 48.…

Tehran Stock Exchange's main index, TEDPIX, lost 33,542.46 points or 1.85% on Sunday to end at 1,783,197. The TSE equal-weighted index tumbled 1.75%. About 12.65 billion shares worth 85.35…

Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar was quoted at 425,000 rials on Sunday in the open market, down 3.19% from the previous day's…

Iran and Iraq are holding talks for the release of blocked Iranian assets in the Arab country. According to Yahya Al-e Es’haq, head of the Iran-Iraq Joint Chamber of Commerce, the ongoing talks…

Iran Energy Exchange launched a new financial instrument on Sunday enabling investors to buy securities with crude oil and gas condensates as underlying assets. 

Iraq and Turkey were the main export destinations of Iranian nanotech products in the fiscal 2021-22, according to a report on nanotech exports by industry and country.Based on the report…

Kuroda finished his last meeting at the helm of the Bank of Japan by buffeting markets again with a straightforward stand-pat that contrasted with the explosive launch of his massive stimulus…

The domestic auto parts market is grappling with a price hike worsened by the jump in foreign exchange rate against the rial and delays in clearing imported car components in the last days of…

Government bonds were bought this week again by institutional investors as banks and credit institutions kept their distance. Bond auctions are held by the Central Bank of Iran on behalf of the…

Tehran Stock Exchange's main index, TEDPIX, lost 872.45 points or 0.05% on Saturday to end at 1,816,739.77. The TSE equal-weighted index gained 0.66%. About 17.44 billion shares worth 123.08…

An estimated 3.74 billion retail transactions were logged by the domestic electronic payment network Shaparak in the eleventh month of the calendar year to Feb 22. Overall business via the…

Uzbekistan has approved Iran's entry into the Shanghai Cooperation Organization and the corresponding document was signed by Uzbek President Shavkat Mirziyoyev.

Kenyan farmers rearing sheep and cultivating onions on a large scale will soon be exporting to Iran. In a new deal signed between Kenya and Iran, about 40-50 tons of sheep meat and 10,000 tons…

The Ministry of Cooperatives, Labor and Social Welfare has officially rolled out the so-called “electronic coupon” system. “In view of the successful pilot of the project in the four provinces…

“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 9.8% in the 11th month of the current…