The National Iranian Oil Company has started swapping Russian petroleum products from Turkmenistan, managing director of the state-run firm said. "NIOC is receiving Russian oil byproduct…
Foreign Minister Hossein Amir-Abdollahian censured the European Union sanctions levied on Tehran, calling them “superfluous” and “an unconstructive act out of miscalculation.”
Pakistan’s former prime minister, Imran Khan, won the majority of seats in by-elections, building momentum in his campaign to pressure the six-month-old government into calling an early national…
A large number of buses, minibuses and vans in Iran’s public transportation fleet are worn-out, but the bodies in charge have failed to revamp this fleet.
A report by the Monetary and Banking Research Institute (MBRI) shows an increase in manufacturing output of companies listed in the stock market. It covered 280 companies in the Tehran…
The TSE's main index TEDPIX lost 196.69 points or 0.02% on Monday to end at 1,311,091.60. About 5.03 billion shares valued at 25.02 trillion rials ($86.28 million) changed hands at TSE for the…
Tehran Ruck Reinsurance Company (Tehran Re) has received operation license from the Central Insurance company of Iran (CII) becoming the fifth reinsurance company in the country. As…
An estimated 3.87 billion retail transactions were processed by the domestic electronic payment network Shaparak in the sixth month of the calendar year to Sep 22. These were worth 7,206…
Iran and Turkey traded $3.65 billion worth of goods during the first eight months of 2022 to register a 29% year-on-year rise, latest data released by the Turkish Statistical Institute show.…
A total of 13,602 tons of goods worth $19 million were exported from Malayer, a county located in Hamedan Province, in the first six months of the current Iranian year (March 21-Sept. 22),…
Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to send a trade mission to Belarus for an official visit from Nov. 15-18. The delegation, scheduled to visit PRODEXPO 2022 in…
The employment rate was reported at 37.3% (23.77 million) in the second quarter of the current Iranian year (June 22-Sept. 22) by the Statistical Center of Iran, up 0.1% compared with the same…
Semnan Province exported 161,000 tons of products worth $62 million to 29 countries worldwide during the first six months of the current fiscal year (March 21-Sept. 22), registering a 7% and a…
Iran’s world ranking rose to fifth in terms of copper reserves, says the National Iranian Copper Industries Company’s vice president for development and discovery, noting that until recently,…
Iran has started refining its crude oil in Venezuela, the oil minister announced on Sunday. “Iran has started processing nearly 100,000 barrels per day of its crude in Venezuela's El Palito…
Plans have been prepared to increase the power production capacity across the country until next summer when consumption will rise similar to previous years, director general of the planning…
OPEC+ member states lined up on to endorse a steep production cut agreed this month after the White House, stepping up a war of words with Riyadh, claimed Saudi Arabia had pushed some other…
The National Iranian Oil Products Distribution Company has stopped supplying gasoline compliant with Euro-4 emission standards to gas pumps in Ahvaz, the capital of southwestern Khuzestan…
Iran is poised to take appropriate reciprocal action in response to any interventionist behavior by the European Union, a senior Iranian diplomat said just ahead of the bloc’s decision to slap…
JPMorgan Chase CEO Jamie Dimon says investors should expect more blowups after a crash in UK government bonds last month nearly caused the collapse of hundreds of that country’s pension funds.…
TEDPIX, the main index of Tehran Stock Exchange, lost 6,605.28 points or 0.50% on Sunday to end trade at 1,311,288.58. About 10.48 billion shares worth 45.27 trillion rials ($156 million)…
Banks and credit institutions gave 584.8 trillion rials ($1.79 billion) loans to knowledge-based companies from the beginning of fiscal year in March 21 to Sep 22, the Central Bank of Iran (CBI…
The World Banks' Global Findex 2021 shows that 90% of Iranians had accounts with financial institutions in 2021.
The share of higher education unemployment from the total unemployed population in Iran was at 40.9% in the second quarter of the current Iranian year (June 22-Sept. 22), registering a year-on-…
The banking sector performs key tasks in today’s economy and is viewed as one of the main economic players of a country.
