Only an insignificant number of cars have been imported since the launch of the car import plan, which process has further slowed down. An automotive expert believes challenges posed by…

Tehran Stock Exchange's main index, TEDPIX, lost 13,166.49 points or 0.86% on Wednesday to end at 1,524,795.03. The TSE equal-weighted index plunged 0.96%. About 7.29 billion shares worth 46.2…

The Majlis Social Commission has decided to raise the ceiling for marriage loans to newlyweds in the next fiscal year that begins in March. 

The Central Bank of Iran said it paid importers of essential goods $6.5 billion via the special Nima market since January 1.  "The money was given for importing raw material, medicine and…

Western tourists, who flocked to Iran just a few years ago, are being advised by their governments to stay away, forcing the Islamic Republic's struggling tourism industry to look elsewhere.…

United Nations experts said on Tuesday that thalassemia patients in Iran were being penalized by overcompliance with United States sanctions against the country, which have reduced their access…

Iran’s trade with the US stood at $56.7 million in 2022, registering a 40% rise compared with the previous year. Latest data released by the US Census Bureau show Iran exported $11.2 million…

The general price index of construction materials for residential properties in Tehran, using 2011 as the base year, grew by 34.7% during the four-quarter period ending Dec. 21, 2022, which…

The Producer Price Index for the industrial sector in the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current Iranian year, grew by 34.4% compared with…

Red meat production in Iran's official slaughterhouses stood at 41,026 tons during the 10th month of the current Iranian year (Dec. 21, 2022-Jan. 20) to register an 18% decrease compared to the…

The issue of wage increase preoccupies the mind of workers and employers at the end of each Iranian year [late March]; it has particularly become a pressing concern in recent years, thanks to…

A group of researchers at Khajeh Nasir Toosi University of Technology in Tehran has indigenized electric submersible pumps (ESPs) that will help raise crude output in Iran’s oilfields, the head…

Oil prices extend losses on Wednesday as a much bigger-than-expected surge in the US crude inventories and expectations of further interest rate hikes sparked concerns over the prospect of…

OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply outlook. The Organization of Petroleum Exporting…

The project to transfer treated wastewater from Bojnourd County in North Khorasan Province to Khorasan Petrochemical Company will be completed by the end of September.

The export of liquefied petroleum gas had a 120% growth during the first nine months of the current Iranian year (March-December 2022) compared with the same period of last year, a member of the…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the Iranian nation’s massive demonstrations on the anniversary of the 1979 Islamic Revolution testified to people’s complete…

The Japanese government on Tuesday presented Kazuo Ueda to parliament as its nominee for the next Bank of Japan governor, putting the academic and former member of the BOJ's decision-making body…

Tehran Stock Exchange's main index, TEDPIX, lost 10,316.18 points or 0.67% on Monday to end at 1,537,961.68 and the TSE equal-weighted index fell 0.70%. About 6.58 billion shares worth 46.75…

Three commercial banks have sent applications to the Central Bank of Iran to start e-payment service providing companies.  The Middle East Bank, Shahr Bank and Karafarin Bank have…

The Central Bank of Iran said the ratio of non-performing loans to total lending improved by the end of the first half of the current fiscal year (Mar-Sep. 2022).   The ratio of NPLs to…

Financial statements of 12 listed leasing companies show an average 12% decline in net profit in the first three quarters of the current fiscal year that ends in in March.

Beijing will unswervingly develop friendly cooperation with Iran regardless of how the international and regional situation changes, the Chinese president said.  “China has always viewed…

Iran can become one of the main destinations for tourists from Armenia, Armenian economist Suren Parsyan said in an article published by News.am, the full text of which follows: 

To help meet domestic power demand, electricity exports to neighboring states, including Iraq, Afghanistan, Pakistan and Azerbaijan, have been reduced by 40%, the spokesman of the power industry…