State-owned Bank Sepah will offer 17% of its shares in Omid Investment Management Group, the bank’s investment arm, in the stock market on Saturday The move comes after the Central Bank of Iran…
Iran’s trade with member states of the Organization of Islamic Cooperation, excluding crude oil exports, reached 83.18 million tons worth $50.03 billion during the first 10 months of the current…
Iran’s rail freight fleet saw the loading of 33.5 million tons of goods during the first nine months of the current Iranian year (March 21-Dec. 21, 2022), according to the Islamic Republic of…
Iran and Belarus will soon sign an agreement that will enable international freight transportation by road without permits, BelTA learned from Belarusian Transport and Communications Minister…
Director General of the International Atomic Energy Agency Rafael Grossi arrived in Tehran on Friday at the head of a high-level delegation for talks with top Iranian authorities.
Government bonds were bought this week by banks, credit institutions and institutional investors. Bond auctions are held by the Central Bank of Iran on behalf of the Economy Ministry to raise…
“Clothing and Shoes”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 47.1% in the 11th month of the current…
The Iranian National Tax Administration collected 4,287 trillion rials ($7.88 billion) in tax during the first 11 months of the current fiscal year (started March 21, 2022). According to the…
A total of 1.83 million tons of goods worth $729.84 million were exported from Khosravi Border Terminal, located in Kermanshah Province’s Qasr-e Shirin County, to the neighboring Iraq during the…
Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2% for the week as a rebound in China's factory activity offset growing concerns about rising US crude…
The completion of Iran’s largest liquefied natural gas venture, known as "Iran LNG", will help the National Iranian Oil Company earn $5 billion in revenues via exports, the head of the Iran…
Executive operations for the construction of a 42-megawatt medium-scale power plant in Doroud County, Lorestan Province, has started with a total investment of $28 million, the deputy for…
President Ebrahim Raisi inaugurated several petrochemical, gas, water and power projects in the Pars Special Economic Energy Zone in Asalouyeh, southeast of Bushehr Province, worth an aggregate…
A domestic company has produced electrostatic nano-based powder paints in the form of fusion bonded epoxy (FBE) coating that makes pipelines anti-corrosive. The nano FBE powder coating produced…
Head of the Bank of Russia Elvira Nabiullina is due to visit Iran, ambassador of the Islamic Republic in Moscow, Kazem Jalali said on Wednesday. "The chairman of Bank of Russia is expected to…
Currency rates dropped in Tehran’s unofficial markets after months of record highs. The US dollar traded at 525,000 rials on Wednesday in the open market down 2.4% on the previous day. …
Tehran Stock Exchange's main index, TEDPIX, lost 16,348.23 points or 0.89% on Wednesday to end at 1,821,771.06 and the TSE equal-weighted index dipped 0.17%. About 16.75 billion shares worth…
A total of $327 million worth of pistachio were exported from Iran during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), according to the Agriculture Ministry.…
Vehicle production has exceeded 1 million units for the first time in four years, as 1.2 million vehicles were produced from the beginning of the current fiscal year (March 21, 2022), the head…
New flights between the city of Tabriz, located in northwest Iran, and Najaf in Iraq have been scheduled by Caspian Airlines, according to the director general of East Azarbaijan Airports…
Iranian steelmakers’ production of semi-finished and finished steel products each registered 11% growth during the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), the…
Fluctuations in the value of foreign exchange rates [against rial] have once again unsettled economic players, leading some economists to warn against the dollarization of Iran’s economy.…
Exports from Iran’s southwestern Khuzestan Province to Iraq reached 4.3 million tons worth $720 million during the first 11 months of the current Iranian year (March 21, 2022-Feb. 19), according…
“Food and beverages”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an average annualized inflation rate of 68% in the 11th month of the…
Inflation rose to unprecedented levels with the imposition of sanctions on Iran’s oil sales in the early 2010s but it slowed down with the election of former president, Hassan Rouhani, to less…
