The services sector had the worst business environment in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), latest data related to the National Business Environment Index,…

A domestic knowledge-based company has produced a cellulose cartridge filter that can improve a turbine’s performance by eliminating oil varnish. Turbine oil lubricates bearings, gears and…

The factory prices of Iran Khodro Company’s (IKCO) vehicles will not increase in the Iranian New Year starting March 21, according to the company’s CEO.

The Central Bank of Iran officially unveiled the Currency and Gold Trade Center apparently in the latest bid to control forex and gold prices that have jumped to levels unseen in the history of…

The Central Bank of Iran will announce a new mechanism for assessing bank customers' credibility in the next Iranian year (starts March 21), the CBI deputy head for innovative technologies said…

Tehran Stock Exchange's main index, TEDPIX, gained 60,896.13 points or 3.97% on Monday to end at 1,594,262.88 while the TSE equal-weighted index jumped 3.45%. About 13.28 billion shares worth…

A total of 707 flights were operated from Tehran to Mashhad during the 10th month of the current Iranian year (Dec. 22, 2022-Jan. 20), transporting 95,762 passengers to top the list of domestic…

Iran exported 6.26 million tons of agricultural and food products worth $4.03 billion during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), new data released by the…

Why do producers, traders and other economic players complain about lack of resources, despite a 35% growth in money supply? Why are banks struggling with the provision of credit? Abdolnasser…

Despite international sanctions that prevent Iranian airlines from purchasing new aircraft, Iran has launched a new private airline.  A ceremony was held on Friday to inaugurate Yazd Air,…

Iran’s trade with BRICS member states, namely Brazil, Russia, India, China and South Africa, reached 39.2 million tons worth $31.8 billion during the first 10 months of the current Iranian year…

A total of 704,000 tons of finished steel were imported to Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 19% year-on-year rise, according to…

The housing sector has registered a sharp inflation recently, which [prospective home buyers need to tackle either through their own financial resources or banks. 

The construction of phases 7 and 8 of Tehran’s South Wastewater Treatment Plant requires at least $700 million in investment, but the procrastination of agent banks in extending funds has…

Oil prices rose on Monday amid optimism over China's demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place.

The Energy Ministry has launched several plans to increase Iran’s desalination capacity by at least 400,000 cubic meters per day in two years with the help of the private sector, the deputy for…

More than 85% of the chemicals and equipment used in Arvand Petrochemical Company in Mahshahr, Khuzestan Province, have been indigenized, the managing director of the company said. “The…

Iran has never attempted to enrich uranium over 60% purity, a senior nuclear official said in response to reports about the detection of much higher enriched particles in the country.   “…

In 2022, according to the World Gold Council, central banks bought 1,136 tons of gold, the largest purchase by weight on record. At an average price of $1,875 per ounce of gold, last year,…

With forex rates at historic highs, the Central Bank of Iran says it has new plans for “managing currency rates”.

Tehran Stock Exchange's main index, TEDPIX, gained 8,570.88 points or 0.56% on Sunday to end at 1,533,366.46. The TSE equal-weighted index gained 0.41%. About 8.2 billion shares worth 56.88…

Come April companies listed at the Tehran Stock Exchange and Iran Fara Bourse will be rated in terms of their adaptability to corporate governance, the TSE' chief said.  "Companies must…

The three Iranian provinces of Qazvin, West Azarbaijan and South Khorasan had the best business environment in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2022), latest data…

Trade between Iran and African countries reached 2.33 million tons worth $1.18 billion in the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 14.82% and a 22.…

Billet and bloom had the lion’s share of semi-finished steel products exported from Iran during the first 10 months of the current fiscal year (March 21, 2022-Jan. 20) with an aggregate of 4.36…