Cryptocurrency business leaders discussed the challenges and roadblock’s they face with President Ebrahim Raisi in a meeting last week. The meeting was held to discuss the views and…
The US Supreme Court has rejected a Turkish bank’s main arguments for avoiding prosecution on charges it helped Iran evade US sanctions, but the court sent the case back for additional review,…
An 8-megawatt combined heat and power (CHP) plant was inaugurated in Rouyparvar Industrial Town in Zanjan Province, managing director of the provincial power company said.
A substantial reduction in gas supply to petrochemical plants, the sale of more goods in Iran Mercantile Exchange and a price slump in international markets have reduced the petrochemical sector…
The maintenance and modernization of the Dez Hydroelectric Power Plant located near Dez Dam in Khuzestan Province is underway to increase its capacity and prepare for the hot summer when power…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said the holy month of Ramadan can bring the hearts of Muslims closer together, calling on the authorities of Islamic states to use…
Mohammad Reza Pour-Ebrahimi, the head of the Majlis Economic Commission has warned against the return of the command economy saying that the country can no more bear with the seemingly unending…
Tehran Stock Exchange's main index, TEDPIX, lost 1,304.57 points or 0.06% on Wednesday to end at 2,324,132.69. The TSE equal-weighted index gained 0.54%. About 19.99 billion shares worth 157.02…
Recurrence in Iran’s economy emanates from the cognitive mindset of policymakers and the cyclical priorities of the establishment in its interactions with the world. In order to see what risks…
Mobarakeh Steel Company, Iran’s biggest steelmaker, produced 10.24 million tons of semi-finished products in the last Iranian year that ended on March 20, 2023, to register a 10% year-on-year…
Pistachio topped the list of Iran’s exports of agricultural and food products in the first 11 months of last Iranian year (March 21, 2022-Feb. 19) in terms of value with $367.35 million. …
Underemployment, the condition in which people in a labor force are working for less than 44 hours per week, stood at 9.5% in the fourth quarter of the previous Iranian year (Dec. 22, 2022-March…
Banks and credit institutions are barred from paying the rial equivalent of deposits in foreign currency, a Central Bank of Iran official said.
SAIPA has unveiled a new engine called ME16 that will be used in three cars and P90, which is the Iranian version of Renault Sandero. According to SAIPA’s CEO Mohammad Ali Teymouri, the main…
The percentage of Iran’s tenant population has been on the rise since early 1990s, which increase has been especially significant and worrying in Tehran, the capital city.
Subsidiaries of the Iranian Mines and Mining Industries Development and Renovation Organization produced 632,166 tons of aluminum ingots in the last Iranian year (ended March 20, 2023) to…
Iran traded 96.76 million tons of goods worth $58.84 billion, excluding crude oil exports, with 15 neighboring countries sharing land or sea borders in the last Iranian year that ended on March…
Arya Sasol Polymer Company plans to increase its output and sales in the current fiscal year (March 2023-24), the managing director of the company said.
The last stage of the production test in Jofeir and Sepehr oilfields in Khuzestan Province was successfully completed on Tuesday, the managing director of Pasargad Energy Development Company…
The Iranian Parliament’s unwise decision to abolish the law on implementing Daylight Saving Time (DST) in spring and fall is expected to raise electricity demand during peak hours by at…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said one of the main strategies of the enemies is “making nations pessimistic about themselves.”
Iran’s negotiations with the International Atomic Energy Agency are being pursued and are progressing, according to the country’s top nuclear chief. “Technical delegations make contact…
The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and weaken growth, Christine Lagarde, the…
Economic policymaking in Iran is suffering from major weaknesses, denying the potential of the economy a level of growth commensurate with the spent resources; there’s no doubt in this regard.…
Earlier this year, Iranian Foreign Minister Hossein Amir-Abdollahian abruptly canceled his attendance of an annual multilateral meeting in New Delhi.
