Interbank rates continued to climb last week reaching the highest level in seven years. According to EcoIran Web TV, rates posted 0.75% growth during the week to February 23, to reach 23%.…

Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 85,403 trillion rials ($170.8 billion) in the first eleven months (ended Feb. 22) of the calendar year -- 146% higher on the…

The speed of the fixed wireless internet has increased in the first month of 2023 compared to the previous month, while that of mobile network has continued to decline further, according to the…

Double-digit inflation rates, either those hovering around 18-20% in the years prior to the fiscal 2018-19, or 40-50% in subsequent years, are triggered by the government’s insistence on…

In line with efforts to expand the scope of its activity in offshore and onshore oilfields, the National Iranian Drilling Company will start operating its third domestically-manufactured…

The state-run Renewable Energy and Energy Efficiency Organization (Satba) has increased the guaranteed purchase prices for generating electricity from small-scale photovoltaic (PV) power…

Iran and China are holding talks to build a carbon disulfide production plant in Ilam Province, with an investment of $50 million by Shanghai Baijin Chemical Group Company, Ilam’s governor…

Iran’s Traffic Police Chief Kamal Hadianfar projected that trips during the New Year Holidays known as Norouz, spanning from March 21 to April 2, could surge by 20% compared to the previous year…

Iraq’s defense minister highlighted the geographical and geopolitical importance of the Middle East region, stressing the need for cooperation and interaction to ensure its security. 

Iran’s Foreign Ministry spokesman said defense cooperation between Tehran and Moscow dates back to years before the start of the war in Ukraine, stressing that this cooperation is not against…

First Vice-President Abbas Mokhber, Economy Minister Ehsan Khandouzi and the Governor of the Central Bank of Iran Mohammad Reza Farzin went to the Majlis on Saturday to brief lawmakers on the…

Tehran Stock Exchange's main index, TEDPIX, gained 82,188.58 points or 4.96% on Saturday to end at 1,738,782.27, posting the highest daily growth in recent months and displaying some rare…

The global anti-money laundering watchdog, the Financial Action Task Force (FATF), will maintain Iran's position on its blacklist until the country completes its full Action Plan.  "If…

Iran Marine Industrial Company is currently repairing a Russian ship that crashed into an iceberg on the Volga River and is joining China in helping Russia to dredge the Volga-Caspian Seaway…

Iran’s trade with India grew by 48% in 2022 compared with the year before to stand at $2.5 billion, latest data released by Indian Ministry of Commerce and Industry show. Iran’s exports stood…

A total of 2.16 million tons of goods worth $830 million were exported from Iran to Iraq via Parvizkhan Border Terminal during the first 11 months of the current Iranian year (March 21, 2022-Feb…

“Home Appliances, Furniture and Their Maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average…

Iran has not implemented any nuclear measure against the law, and the International Atomic Energy Agency is aware of all its activities, a lawmaker said, amid reports suggesting the detection of…

More than 300,000 tons of cargo were transported via railroad between Iran and Turkmenistan during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), registering a 57%…

Iran is the third biggest exporter to Armenia after Russia and China, according to the head of the Trade Promotion Organization of Iran. “Currently, Iran’s export to Armenia stands at $437…

Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization produced 528,060 tons of aluminum ingots during the current Iranian year’s first 10 months (March…

The construction of the second phase of Tabriz wastewater treatment plant is expected to the completed by June, the governor general of East Azarbaijan Province said.

The use of mazut as feedstock in thermal power plants damages the facility and doubles the cost of maintenance and repairs, the deputy head of Hamedan's Shahid Mofateh Thermal Power Plant said…

To optimize power consumption in industrial units, the Industrial Development and Renovation Organization of Iran and the Renewable Energy and Energy Efficiency Organization (Satba) have signed…

SAIPA has signed a deal to export 45,000 cars worth €450 million to Russia, the head of the Trade Promotion Organization of Iran (TPO) said.