A knowledge-based company has recently received an international patent certificate for a medicine that reduces the side-effects of Covid-19.

Trade via exchange-traded funds at Iran Fara Bourse (IFB) reached 1,983 trillion rials ($4.88 billion) in the first nine months (ended Dec 22) of the calendar year -- 147% higher on the same…

More than 496,000 checks bounced in the eighth fiscal month ending Nov. 22, up 2.4% on the previous month. The bad checks were worth an estimated 343 trillion rials ($844 million) – down 2.8%…

The Economy Ministry has detailed plans for raising the capital of state banks in which two specialized banks, namely Bank of Industry and Mine and Bank Maskan, are set to raise capital higher…

Russian officials and international media have given prominent coverage to the country’s plans for a transcontinental trade corridor southward into Iran to end run Western sanctions and expand…

Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 54.2 million tons worth $34.81 billion during the first eight months of the…

“Health and Medical Treatment”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered a monthly Consumer Price Index rise of 8.8% in the ninth month of…

Germany’s recent announcement that it would suspend trade promotion programs for Iran does not mean severance of commercial ties between Tehran and its longstanding trade partner in the European…

An exclusive exhibition of Iranian products is scheduled to be held from Jan. 16-18 in Karachi, Pakistan.

Undoubtedly, inflation will be the gravest challenge facing Iran’s economy in the coming months, as the government’s smallest error of judgment can lead to an exponential increase in inflation…

Oil prices rose to three-week highs on Tuesday as China's latest easing of Covid-19 restrictions spurred fuel demand hopes, while concerns that winter storms across the United States are…

The volume of gas reserves in the Shourijeh reservoir in the northeastern Khorasan Razavi Province increased by 10% in the first eight months of the current Iranian year (March 21-Nov. 21)…

Operations are underway to develop eight combined cycle power plants equipped with the highly-efficient indigenized F-class gas turbines across Iran, director of combined cycle projects at the…

The 18th International Water and Wastewater Exhibition, also known as Watex, has been scheduled to open at Tehran’s International Fairground on Dec. 30. The annual exhibition, which will run…

Iranian Foreign Minister Hossein Amir-Abdollahian stressed the need for the private sectors of Iran and Russia to contribute to promotion of economic cooperation between the two countries. A…

The United States has a “confused and indecisive” approach to negotiations on the revival of the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action, said a senior Iranian…

The chances of another wave of the Covid-19 pandemic hitting Iran is growing as Omicron infections have surged in other parts of the globe, the spokesman for the Health Ministry, Pedram Pakaein…

China said the talks to restore the 2015 Iran nuclear deal are in the “final phase”, emphasizing that there is still an opportunity to reach a final agreement on the revival of the accord.

Tehran’s share market wrapped up the week on Wednesday up almost 10%.  Tehran Stock Exchange main index, TEDPIX, lost nearly 151,000 points or 10.09% in the week to end at 1,647,314.5.…

The Statistical Center of Iran’s latest survey of the country’s 31 provinces shows Lorestan registered the highest average annual inflation with 50.2% while Khuzestan posted the lowest with 40%…

The construction of the first phase of Iran’s first coal-fired power plant in Tabas, South Khorasan Province, has registered a work-in-progress rate of 35%. Based on data from the Thermal Power…

Drinking water for 70% of the population of Bushehr Province will be provided by water desalination units in the near future, the deputy for engineering affairs at Iran Water and Wastewater…

The annual processing capacity of wastewater treatment plants in Iran has surpassed 2 billion cubic meters, of which 50% are used in agriculture, industries and municipalities. As water…

Reza Farzin, director of Bank Melli Iran, was appointed Thursday as governor of the Central Bank of Iran. He replaces Ali Salehabadi who as the helm for over a year during which the national…

Trade between Iran and African countries reached 2.65 million tons worth $1.41 billion during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 53.55% and an…