The rising value of foreign exchange against the rial has been a cause for serious concern in recent months.
Trade between Iran and the Economic Cooperation Organization’s member states reached 25.14 million tons worth $16.7 billion during the current Iranian year’s first 10 months (March 21, 2022-Jan…
Ghadir Petrochemical Company in Mahshahr, Khuzestan Province, has broken a 15-year production record, according to a statement released by the company.
Unsustainable urbanization of the sprawling Iranian capital Tehran has endangered water resources in and around the province, a member of Iran Water Industry Federation, a privately-owned…
Iran and Oman have signed a memorandum of understanding to expand cooperation in downstream and upstream oil industry.
An Iranian knowledge-based company has produced a nanobubble generator with wide industrial applications. The device, which is also called ultrafine bubble generator, mixes a gas and water to…
Director General of the International Atomic Energy Agency said the global watchdog’s cooperation with Iran will surely be enhanced as a result of his recent trip to Tehran.
Tehran Stock Exchange's main index, TEDPIX, lost 33,562.5 points or 1.84% on Saturday to end at 1,788,209.18. The TSE equal-weighted index was down 0.91%. About 13.66 billion shares worth 90.53…
The Central Bank of Iran said it has allowed all authorized moneychangers to buy the export income of mining and petrochemical companies, the secretary of the Iran Exchange Bureaus’ Association…
A shift to a wartime economy model in the EU has become imminent according to the commissioner for internal market of the European Union, Thierry Breton, who argued that the European defense…
Iran’s trade with India fell 6.19% in January 2023 compared with the same month of last year to stand at $197 million, latest data released by the Indian Ministry of Commerce and Industry show.…
Iran Privatization Organization will sell the government's shares in the Mobarakeh Steel Company (MSC) and the Persian Gulf Petrochemical Industries Company (PGPIC).
A total of 43.79 million tons of minerals and mining industry products worth $11.08 billion were exported from Iran during the first 11 months of the current Iranian year (March 21, 2022-Feb.
Iran’s Embassy in Caracas has announced via Twitter that a direct shipping line has been established between Iran and Venezuela, with a ship set to depart every three months. The aim is to…
“Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 39.1% in the 11th month of the current…
Saha Airlines has launched new flights between the Iranian city of Shiraz and the Iraqi holy city of Najaf. According to Fakhreddin Keshavarz, director general of Fars Province’s Airports, the…
Fluctuations in the Iranian rial’s value against foreign currencies are still making headlines, it’s a key variable and affects the livelihoods of Iranians apart from the economic indicators.…
A total of $205 million worth of dates were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the Agriculture Ministry. “With 1.4…
The National Iranian Gas Company’s decision to appeal to the International Court of Arbitration over Pakistan’s procrastination to complete the Iran-Pakistan Gas Pipeline Project — aka Peace…
Japan pledged financial and technological support on Saturday to help ASEAN countries accelerate their efforts to decarbonize their economies and combat climate change. Energy-poor Japan hopes…
The Renewable Energy and Energy Efficiency Organization (Satba) plans to reduce electricity consumption by at least 3,000 megawatts over the next four years. Mahmoud Kamani, the head of the…
Bandar Imam Petrochemical Company plans to increase sales capacity from the current $1.2 billion per year to $2.5 billion a year over the next five years, the managing director of BIPC said.
A total of 500,000 domestic cars will be sold through the national online car registration portal, according to the spokesman of the Ministry of Industries, Mining and Trade.
The automobile industry in Iran is a telling example of how government interference pulls an industry out of economic reckonings and burdens it with political baggage.
Paving the way for the entry of knowledge-based companies, increasing the share of capital market in financing economic sectors and increasing the number of real estate investment funds are…
