Private investors have expressed willingness to fund the extension of Tehran Metro to District 22 in the western flank of the capital. Early this week, Mohsen Pourseyyed-Aqaei, managing…
The main gauge of Tehran Stocks Exchange hit a new high and entered the 240,000 channel as investors expect up-beat earnings reports of listed companies for the month to June 22. The bull…
The government paid 360 trillion rials ($2.8 billion) to compensate losses incurred by the misconduct of shadow banks and unruly lenders in recent years, said Mohammad Baqer Nobakht, the…
More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20. …
A passenger train resumed a weekly service on Tehran-Tabriz-Van Railroad at 9:30 a.m. on Monday, after it was suspended for nearly four years. Mohammad Rajabi, the head of Raja Rail…
For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019.…
The United States and several other western countries are directly responsible for disrupting international drug control efforts by exerting economic pressure on Iran and reducing their funding…
In spite of the push by certain hawks for a military conflict between Tehran and Washington, war is unlikely due to both Tehran's advanced defense capabilities and global warnings of the far-…
Resolution of bilateral issues with Central Asian countries, particularly Tajikistan, can help ease Iran’s membership in Shanghai Cooperation Organization, says a former diplomat, who believes…
Tehran said on Monday it welcomes an easing of tensions in the Persian Gulf, while dismissing the impact of any new US sanctions and efforts to form anti-Iran coalitions. "We welcome any…
Iranian box offices earned 1.13 trillion rials ($8.65 million) in spring (the current Iranian year’s Q1 from March 21 to June 21) to register an increase of 310.24 billion rials ($2.36 million)…
Iran traded 4.84 million tons of non-oil commodities worth $7.24 billion with members of the Group of Seven during the last Iranian year (ended March 20, 2019) to register a 26.38% and 26.31%…
Water consumption in Tehran surged by 5% in the past three months (March 21 to June 21) compared to the corresponding period last year, the managing director of Tehran Province Water and…
Electricity consumption reached a peak of 55,000 megawatts on Sunday, the highest in the current fiscal year that started in March and close to the 55,500-MW mark registered in the 2017 fiscal…
International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.
Water-intensive lifestyle, lack of long-term plans to efficiently use the limited water resources, inadequate investment to develop water infrastructure and sacrificing national interest at the…
With the Iranian economy in shambles and the shadow of war looming on the horizon, a large segment of the young workforce employed in the Iranian startup ecosystem is mulling emigration. The…
Tehran Fire Department has called on technology firms to devise smart solutions and products to help the department upgrade its rescue services and equipment. Mehdi Davari, the head of…
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With the Iranian economy in shambles and the shadow of war looming on the horizon, a large segment of the young workforce employed in the Iranian startup ecosystem is mulling immigration. The…
Governor of the Central Bank of Iran says a new trade monitoring system is in the offing to complement the Integrated Forex Deals System (known by its Persian acronym Nima). Nima is…
The main index of the Tehran Stock Exchange climbed 1.5% on Sunday after four consecutive days of bear market. Stocks in the mineral, chemical, telecom and refinery groups contributed the…
Iran's travel and tourism sector grew at 1.9% to contribute 1,158 trillion rials ($8.83 billion) or 6.5% of overall GDP and 1,334 jobs (5.4% of total employment) to the economy in 2018. This is…
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
Canada’s Senate passed last week two controversial bills restricting the movement of oil tankers off the northern coast of British Columbia and overhauling the assessment process for oil…
