A foreign tanker smuggling fuel to neighboring Arab states was seized by Islamic Revolution Guards Corps forces in the Persian Gulf on Wednesday, according to a Sunday statement by IRGC. …
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Any suggestion of progress in talks between Iran and Europe on saving the 2015 nuclear deal is just a nicety, because the only way out of the current impasse is fulfillment of Tehran's major…
State-owned Bank Maskan, the main lender in the housing sector, is to join the regulated forex market, head of the bank’s department for international affairs said Sunday.
A report by Tehran Chamber of Commerce, Industries, Mine and Agriculture shows the stock market was among the top-performing market during the first quarter (March. 21-June. 20) of the current…
Enthusiastic buyers purchased the entire 5000 tons of Iranian octane 95 gasoline offered on the Iran Energy Exchange on Sunday, according to data available on the IRENEX online bulletin board.…
Pressured by the harsh US sanctions, Iranian businesses are turning to innovative smart solutions to cut overheads and boost efficiency.
A total of 6.7 million video gamers live in Iranian villages, accounting for 24% of the total number of Iranian players. A nationwide survey conducted by Digital Games Research Center (DIREC)…
More than 49.34 million tons of commodities were loaded and unloaded in Iran’s commercial ports during the first four months of the current Iranian year (March 21-July 22) to register a 1.87%…
Iran’s private sector representatives and members of Tehran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Sunday with a visiting Russian delegation from the Chamber of…
The National Iranian Oil Company Exploration Directorate signed four research contracts with universities and knowledge-based companies in Mashhad, Khorasan Razavi Province. The weekend…
Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.
The wildest dream of the National Iranian Oil Refining and Distribution Company of self-reliance in gasoline production and export has finally come true. The company's output now exceeds…
The Ministry of Cooperatives, Labor and Social Welfare surveyed 1.9 million unemployed, from the nearly 3.3 million unemployed in the last fiscal year (2018-19), who held a job for 10 years and…
The production volume of Iran’s apparel industry is half its nominal capacity, according to Reza Taziki, an official with the Ministry of Cooperatives, Labor and Social Welfare.
Bypassing US economic sanctions is the function of a robust private sector and the banking sector will step in to empower private companies, said the CEO of state-owned Bank Melli Iran.
Iran will likely implement the third phase of a plan to scale back its commitments under the 2015 nuclear deal under the current circumstances, Foreign Minister Mohammad Javad Zarif said on…
EU ministers on Friday chose the Bulgarian number two of the World Bank Kristalina Georgieva as the bloc's candidate to become IMF chief, in a fractious vote that failed to heal bitter divisions…
For the first time in the history of Iran’s oil industry, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange. The sale was part of a total of…
Thanks to the executive order of President Hassan Rouhani, judicial action has been initiated against the importer of a contaminated corn consignment after its customs clearance was halted.…
Iran traded 280,514 tons of non-oil commodities worth $311.39 million with the Big Four of Europe in the first Iranian month (March 21-April 20) to register a 6.51% rise in tonnage and 16.82%…
Tabriz, the capital city of East Azarbaijan Province, is hosting an international hand-woven carpet exhibition that was inaugurated by President Hassan Rouhani on Thursday and will conclude on…
Iran's apple production is expected to reach 4-4.5 million tons by the end of the current Iranian year (March 19, 2020), in view of the abundant rainfall experienced at the beginning of this…
The world’s biggest oil companies have been steadily shifting investments toward natural gas, driven by an emerging globally traded market and environmental concerns. But right now they are…
