Jam Petrochemical Company in the port city of Asalouyeh, Bushehr Province, will increase production with the launch of an ABS/rubber production unit, the marketing and sales manager of the…
In the pathway toward transformation of the global energy sector from fossil-based to zero-carbon, better known as energy transition, natural gas remains vital not only to ensure affordable…
Iran traded 247,879 tons of non-oil goods worth $284.98 million with Latin American countries during the first five months of the current fiscal year (March 21-Aug. 22), registering a 72.52% and…
The average annual inflation gap measured by the Statistical Center of Iran among income deciles stood at 7.8% in the sixth month of the current Iranian year (Aug. 23-Sept. 22), up 0.8…
The independence of the central bank, which is the most important basis to allow its sound monetary policymaking, is not synonymous with it being unruly or unaffected by the country’s economic…
Iran Fara Bourse recorded substantial growth of 258% in trade during the first half of the current Iranian fiscal year (March 22-Sept. 22).
An estimated 1,206 small and medium-sized companies took loans in the first five months of the current fiscal year that started in March. According to the Ministry of Industry, Mining and Trade…
A report by the Monetary and Banking Research Institute (MBRI) shows an increase in the output of manufacturing companies listed in the stock market. The institute reflected on the…
The policy of domestic car manufacturers changed this year from increasing turnover to completing cars with parts deficit, Saeed Madani, the former CEO of SAIPA, said. Automakers managed…
Europe is facing lower-than-expected economic growth as inflation continues to climb, European Central Bank chief Christine Lagarde revealed, explaining that the ECB had raised interest rates by…
The Statistical Center of Iran has published a new report on home and land prices, as well as rents in the country’s urban areas during the fourth quarter of the last fiscal year (Dec. 22, 2021-…
A total of 8,974 flights were operated by Iranian airlines at Kish International Airport during the first five months of the current fiscal year (March 21-Aug. 22), transporting 1.09 million…
Due to consecutive years of drought and low precipitation in the last water year (ended Sept. 23, 2022), the province’s dire water situation is worrisome, managing director of Tehran Regional…
Iran's gas exports have increased by 19% in the first five months of the current Iranian year (March 21-Aug. 22), compared with the same period of last year, managing director of the National…
The emissions of Iran’s petrochemical industry in Iran have decreased by 44% in the past decade, advisor to the managing director of the National Petrochemical Company said. “Petrochemical…
The private sector’s confidence in the government improves and tax revenues increase whenever the tax income is spent on improving the welfare of the general public, says Mehrad Ebad, a member…
Banks and credit institutions gave 236 trillion rials ($747.5 million) in collateral-free loans after the government announced the new lending program in January. According to a press…
Iran and the International Atomic Energy Agency have restarted conversations on issues related to the alleged presence of uranium particles at undeclared sites in the country.
Iran’s flag carrier airline, IranAir, has launched Tehran-Munich flights, its fourth air route to Germany. The first flight was conducted on Sept. 25, 2022. It leaves Imam Khomeini…
Trucks conducting export again rolled across the Iran-Iraq border at Mehran in Ilam Province on Sept. 24 after a 20-day closure due to the Arbaeen pilgrimage, said Rouhollah Gholami, a local…
Iran traded 20.86 million tons of goods worth $12.03 billion with the six Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, during the first five…
The Central Bank of Iran says six (unnamed) banks will face punitive action for offering higher interest rates on deposits.
In a letter to the First Vice President Mohammad Mokhber, the head of the Security and Exchange Organization (SEO) listed eight major challenges the stock market is grappling with.…
A knowledge-based company has developed a production planning system that can help improve productivity by reducing costs and time for manufacturers. In every industrial unit, planning is at…
Iran Chamber of Commerce, Industries, Mines and Agriculture, in collaboration with Iran-Uzbekistan Chamber of Commerce, is mobilizing a business delegation to pay a visit to Uzbekistan and take…
