Head of the Iran-China friendship association called for faster implementation of the 25-year comprehensive cooperation plan between the two countries.  “We are not happy with the speed…

South Korean President Yoon Suk Yeol received an honor guard welcome Sunday on a trip to the United Arab Emirates as he hopes to expand its military sales here.

Yoon's visit comes as…

The domestic e-payment network, Shaparak, says most payment service providers (PSPs) showed meager change in their market share in the month to Dec 22.  Beh Pardakht Mellat topped the list…

The secretary of Private Banks and Credit Institutions Association says collateralization is crucial for giving loans and banks are not required to lend without collateral. "Banks need to…

The weekly government bond auction on Wends day held by the Central Bank of Iran again failed to impress in the absence of equity market investors and banks. Auctions are held by CBI on behalf…

Turkish President Recep Tayyip Erdogan has denounced the Taliban’s order to ban university and primary education for Afghanistan's women as “unIslamic”, promising to follow the issue until it is…

Kazakhstan may appoint trade advisers to Iran, as well as the UAE, China, Turkey and India, said Prime Minister Alikhan Smailov on Jan. 11 as he chaired the meeting of the Trade and Integration…

Iranian President Ebrahim Raisi presented a substantially enlarged state budget to parliament on Wednesday, vowing to bring down inflation and boost growth to lift an economy hit by US sanctions…

Iran has lifted restrictions it recently imposed on rice imports, according to the director general of the Commerce Bureau of the Agriculture Ministry.

The Iranian ambassador in Kabul said that the current situation offers the best opportunity to invest in Afghanistan’s mining sector. “Now is the best opportunity to invest in Afghanistan’s…

A total of 199,218 tons of poultry meat were produced in Iran’s official slaughterhouses during the ninth month of the current Iranian year (Nov. 22-Dec. 21), registering a 6% increase compared…

Russia and Iran are working on a new shipping corridor that cuts Europe and its sanctions out of the picture, and are looking to partner with India, which has kept its distance from the…

Iran’s foreign trade (excluding crude oil export) stood at 125.86 million tons worth $88 billion from the beginning of the current Iranian year on March 21, 2022, to Dec. 21, to register a 17%…

A knowledge-based company has produced a smart self-healing asphalt (also known as rubber bitumen) that is cheaper than foreign counterparts. The smart asphalt improves the quality of roads,…

Executive operations to build a Polyvinyl Chloride Suspension Resin (SPVC) unit, with a production capacity of 300,000 tons a year, are expected to start in March at the Arvand Petrochemical…

President Ebrahim Raisi inaugurated 11 power transmission and distribution projects in the central Yazd Province on Thursday.

Gas consumption in the commercial and household sectors reached 700 million cubic meters per day on Jan. 12, the managing director of the National Iranian Gas Company said. “The high…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the enemies’ plot against Iran was comprehensive but failed because of miscalculation. 

If spare parts shortage in the domestic market were to continue in the next two months, prices will increase, according to the head of the Auto Spare Parts Union.

Bank Shahr has received permission from the Central Bank of Iran to launch a real estate investment trust.  According to a press release seen on the bank's website, the private lender…

The governor of the Central Bank of Iran Mohammad Reza Farzin held talks on Tuesday with Sheikh Mansour bin Zayed Al Nahyan, the deputy PM and minister of the presidential court in Abu Dhabi on…

A total of 358,000 tons of goods worth $321.69 million were exported from the city of Kashan in Isfahan Province during the first nine months of the current Iranian year (March 21-Dec. 21, 2022…

Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to send a trade delegation to Astana, Kazakhstan, from Jan. 25-28 with the aim of developing Iran’s cooperation with the…

Tehran is hosting the First Iran Future Print Expo, also known as IFPEX. The event opened at the world's biggest shopping center, Iran Mall, located in northwest Tehran on Jan. 10 and will run…