Ilam Gas Refining Company in Ilam Province has started using domestically manufactured molecular sieves and catalysts, which were previously imported from European companies, to support…

The current production capacity of small-scale power plants with distributed generation systems in Tehran, Alborz and Qom provinces is 270 megawatts and plans are underway to increase the…

Researchers of the Human and Animal Cell Bank of the Iranian Biological Resource Center have introduced mitochondrial genes (the cell's energy production factory) as molecular markers for…

Imported cars will be offered at Iran Mercantile exchange (IME) later this month if the prerequisites are met, a spokesperson for the Ministry of Industries, Mining and Trade said.

Tehran Stock Exchange's main index, TEDPIX, added 11,677.17 points or 0.71% on Monday to end at 1,646,905.82. The TSE equal-weighted index was higher by 0.80%. About 19.56 billion shares worth…

The Islamic Republic of Iran Customs Administration has reduced value-added tax on the import of seven types of oilseeds and vegetable oils from 9% to 1%.  The new measure applies to…

Over the years, the high and rising cost of commercial real estate has emerged as a major impediment to setting up a business in urban areas and sprawling metropolises not only in Iran but also…

“Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 7.9% in the ninth month of the current…

Hurdles to forex allocation for the import of essential goods have been removed and as of Sunday an extra $1.5 billion was budgeted for such imports, news outlets in Tehran said Monday. 

Iran’s economy is in need of making critical and prompt decisions.  Gasoline and diesel consumption has increased to such unprecedented levels that some government officials say we’ll soon…

Data released by the Iran Chamber of Cooperatives on Purchasing Managers’ Index for the construction sector shows it remains in contraction mode. Construction PMI settled at 40.95 in the ninth…

Following political talks between Iran and Saudi Arabia, it seems that the ground has been prepared for resumption of trade between the two neighboring countries, Rouhollah Latifi, a customs…

Pars Air has started new flights between the Iranian city of Shiraz and the Iraqi holy city of Najaf. According to Gholamreza Aqaei, director general of Fars Province’s Airports, the first…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said those behind the recent unrest in Iran did not aim to overcome the country’s weaknesses, but to undermine its strengths.…

Stressing the need for multilateralism and concerted action to address regional challenges, the Iranian parliament speaker said the world requires a new order under the influence of Asia.

Continuous drought in recent years has caused serious challenges regarding water supply to Mashhad, the capital city of Khorasan Razavi Province, because of which about 25% of the city’s water…

Executive operations of the second phase of the project to transfer Persian Gulf water to Yazd Province in central Iran will start soon. 

The most important reason behind the downtrend in compressed natural gas demand lies in the government’s wrong policies due to which the number of CNG-hybrid vehicles is dwindling, a member of…

It is mandatory to provide after-sales services for imported economy vehicles compared with other classes, according to a faulty member of the Automotive Engineering Faculty of Iran University…

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Tehran Stock Exchange's main index, TEDPIX, gained 37,167.71 points or 2.33% on Sunday to end at 1,635,229.22. The TSE equal-weighted index gained 2.14%. About 19.85 billion shares worth 105.63…

The Central Insurance company of Iran (CII) on Saturday granted an operating license to one more general insurance company, Farda Smart Insurance Company, to offer digital service.

The Central Bank of Iran said Sunday it has sacked heads of bank branches for flouting rules related to interest rates on deposits.  Las week the CBI said it was inspecting bank branches…

The First Vice-President Mohammad Mokhber at the weekend announced the Cabinet's decision to boost the capital of the Central Bank of Iran by 28.748 trillion rials ($70.8 million) from the bank’…

The world’s glaciers are shrinking and disappearing faster than scientists thought, with two-thirds of them projected to melt out of existence by the end of the century at current climate change…