Tehran Stock Exchange-listed mining companies earned 3.75 quadrillion rials ($11 billion) in sales during the first seven months of the current Iranian year (March 21-Oct. 22), registering a 17…
Water shortage is definitely Iran’s number one challenge and some parts of the country will face limited habitability unless adaptability measures are implemented without delay, the head of Iran…
The second refinery of South Pars Gas Complex (belonging to phases 2 and 3) increased its sweet gas and sulfur output in the first half of the current Iranian year (March-September) compared…
Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in US crude inventories, suggesting demand is holding up despite steep interest rate hikes dampening global…
Iran and Armenia signed a memorandum of understanding on Tuesday to extend a gas-for-power barter agreement until 2030. The MoU was signed in Tehran between Armenian Prime Minister Nikol…
SAIPA Corporation has signed a memorandum of understanding for the production of economy cars with the Association of Homogeneous Propulsion Industries and Component Manufacturers on the first…
The main index of Tehran Stock Exchange, TEDPIX, gained 9,026 points, or 0.72%, on Monday to end trading at 1,254,212. About 7.88 billion shares worth 64.57 trillion rials ($269.07 million)…
Since the beginning of the calendar year in late March banks and credit institutions gave 1,080 trillion rials ($3.22 billion) loans to low-income people , namely to bolster youth marriage and…
Around 220 trillion rials ($656 million) are needed to complete the construction of Rasht-Astara railroad, says the CEO of the Construction and Development of Transportation Infrastructures…
“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation of 36.2% in the…
Mobarakeh Steel Company, Iran’s biggest steelmaker, produced 5.21 million tons of semi-finished products during the current Iranian year’s first six months (March 21-Sept. 22), to register an 18…
The government has no current plans to close down schools to tackle the influenza epidemic, Health Minister Bahram Einollahi stated on Tuesday. “The government tries not to shutter…
President Ebrahim Raisi highlighted the capacities of the Caucasus in guaranteeing lasting peace and security in the entire region. “Peace and security in the Caucasus region is very…
Opening arguments began in the high-profile criminal tax fraud case against the Trump Organization, the former president's family-run company that helped make him a household name.
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The Securities and Exchange Organization (SEO) is set to announce further support policies to help address mounting concerns of shareholders, the SEO chief said. "The measures are…
The National Iranian Gas Company (NIGC) has informed cryptocurrency miners about a rise in natural gas prices for the current fiscal year (started in March 2022). As per the decision, each…
Government officials began to enforce measures to control the ever-rising housing rents in early 2020 by capping an increase for three years in a row.
Data released by the Central Bank of Iran and the Statistical Center of Iran confirm that the housing market in the capital city Tehran is falling deeper into a slump.
An excess of supply in the oil market was the main reason for OPEC+ opting to cut production earlier this month, according to the group’s secretary-general. “We see a surplus in the fourth…
The completion of Turkey’s Eastern Anatolia Project (aka DAP in Turkish) will further reduce water flow to Iran through the Aras River in the northeast by at least 30%, the head of the Energy…
Russian investors and companies have finalized a contract with Iran worth $4.5 billion for the development of seven oil and gas fields in Iran and some of the projects have registered 7 to 35%…
A domestic knowledge-based company has developed a quantum random number generator (QRNG), which remains the exclusive domain of a few countries, for the first time in Iran.
The Securities and Exchange Organization (SEO) cannot alone reverse the extended frustration that has cast a shadow over the capital market while other sectors of the economy make it ever harder…
The main index of Tehran Stock Exchange, TEDPIX, gained 15,368.45 points or 1.23% on Monday to end at 1,269,833.38. An estimated 16.28 billion shares worth 92.6 trillion rials ($319.3 million)…
The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward…
