Few people might be interested in economic topics and events amid political developments of late. A part of this lack of interest stems from the fact that nothing has been left unsaid in the…
The National Informatics Corporation (NIC), Central Bank of Iran's technology arm, says the recently launched regulatory sandbox should help boost investment in fintech startups.
The government economic taskforce headed by President Ebrahim Raisi approved new measures Monday to help revive the long-struggling capital market -- namely reducing tax on share trade and…
The main index of Tehran Stock Exchange, TEDPIX, lost 10,675.49 points or 0.84% on Tuesday to end at 1,267,060.73. About 4.96 billion shares worth 29.48 trillion rials ($91.3 million) changed…
With money supply exceeding 44,000 trillion rials ($135.38 billion), many experts wonder whether the (more or less) 10 million rial [about $30] increase in salaries will have an effect on the…
Iran's construction sector is expected to grow by 2.5% in real terms in 2022, following an annual growth of 1.8% in 2021. It is then expected to register an annual average growth of 3.6%…
Exports from Iran’s southwestern Khuzestan Province stood at $4.2 billion in the current fiscal year’s first half (March 21-Sept. 22), according to a local official. Petrochemical products…
About 50 million cubic meters of freshwater are produced via desalination in the Middle East. While the share of Persian Gulf is about 24%, most of which pertains to Arab littoral states, Iran’s…
Achieving global decarbonization to stabilize the climate depends not only on technical and scientific collaboration of all beneficiaries but also their genuine political will and investment in…
Since the beginning of the current water year (Sept. 23), only 3 millimeters of rainfall have been registered across Iran, which shows a 44% decrease compared with the same period of last year,…
Tightening markets for liquefied natural gas worldwide and major oil producers cutting supply have put the world in the middle of the first truly international energy crisis, the head of the…
President Ebrahim Raisi said with the rise of new powers and unions in the world, including in this region, western powers are on the decline. “New powers are emerging in the world and…
Deputy Health Minister Saeed Karimi announced on Monday that the number of patient visits to clinics and hospitals complaining of respiratory problems have spiked by 70% in the past two weeks.…
Parliament will agree to online forex trade on the condition that it is regulated by and under the auspices of the Central Bank of Iran, head of Economic Commission of the legislature said.
The National Development Fund of Iran has provided $3 billion in new credit to banks, head of the NDFI board of directors said on Monday. “Each bank can allocate up to 10% of the amount it…
Tehran Stock Exchange main index TEDPIX continued to slide Monday to finish the day below the critical 1.3 million points. TEDPIX lost 19,060.32 points or 1.47% to end trade at 1,277,736.…
A total of 4.74 million tons of goods produced in Tehran Province worth $2.47 billion were exported during the first half of the current Iranian year (March 21-Sept. 22), according to a local…
Sungun Copper Complex produced 171,796 tons of 24.02%-purity copper concentrate during the first six months of the current fiscal year (March 21-Sept. 22), according to the CEO of the complex…
Iran exported steel to 56 countries in the first half of the current Iranian year (March 21-Sept. 22), says an official with the state-owned mining holding company, Iranian Mines and Mining…
Tehran Chamber of Commerce, Industries, Mines and Agriculture is sending a business delegation from Iran’s private sector to Budapest, Hungary, on the occasion of holding the Iran-Hungary…
The average annualized inflation in the seventh month of the current Iranian year (Sept. 23-Oct. 22) stood at 42.9%, the Statistical Center of Iran announced in a new report.
Iran will not be compelled by the United States’ threats, intimidation and provocation to give unilateral concessions in talks on the revival of the 2015 nuclear deal, a senior Iranian diplomat…
President Ebrahim Raisi congratulated his Chinese counterpart Xi Jinping on securing a third term as the Communist Party’s leader, describing the goals of strategic cooperation between Tehran…
A contract has been signed between Iran and Russia, based on which 40 turbines manufactured domestically will be exported to Russia, managing director of Iranian Gas Engineering and Development…
Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world's largest crude importer remained lackluster in September as strict Covid-19 policies and fuel export…
