The strong lobby of Iranian car companies in the parliament is pushing for a new vehicle price hike, with a lawmaker claiming car production costs surpass revenues and another MP calling on the…
No 1324
An Iranian knowledge-based company has produced 80,000 square meters of titanium-coated decorative and flooring tiles using cutting-edge nanotechnology. Qazvin Province-based company, named…
Iran National Innovation Fund and the Vice Presidential Office for Science and Technology have signed an agreement to support startups working on water management issues.
National Iranian Oil Company found no buyers at its 10th round of crude oil offer on the Iran Energy Exchange, despite the Oil Ministry's efforts to improve the purchasing terms, IRENEX data…
The selloff which brought down stocks on the Tehran Stock Exchange on Monday gave way to a buying spree on Tuesday. The main TSE gauge climbed 1.5% amid positive news about the monthly…
The Iranian Android industry’s net income reached 2.58 trillion rials ($18.5 million) in the last fiscal year that ended on March 20, 2019, marking an 89% increase year-on-year, the annual…
Iran has called for the United Nations' "active engagement" to facilitate dialogue among Persian Gulf countries so as to ease the "current complex security environment" in the region. …
South Korea will continue its negotiations with Washington to receive exemptions from US sanctions against Iran as ties with Tehran, particularly in the energy sector, are crucial for Seoul,…
President Hassan Rouhani said he favors dialogue and diplomacy, but not under the current circumstances as the US has severely escalated pressure and made excessive demands to lift harsh…
The prospects of economic cooperation continuing between Iran and India still seem promising, given New Delhi's long-held policy of balancing its relations with Tehran and Washington and a…
The regulated foreign exchange market can and should help in stabilizing foreign exchange rates and in the process eliminate rent-seeking and corruption because trade will be conducted in an…
The Central Bank of Iran supplied over $6 billion in foreign currency for importing goods in two months since the beginning of the current fiscal on March 21. CBI Governor…
The Producer Price Index for industrial-scale livestock farms (using 2011 as the base year) stood at 371.18 in the last Iranian year (March 2018-19), indicating a 52.48% increase compared with…
The Ministry of Roads and Urban Development will set up a special committee to set rental rates to ensure they won’t exceed consumer inflation, the director of Housing Investment and Economy…
1. Ardeshir Dadras, the head of Iran’s CNG Association: Iran accounts for $38 billion of the $350 billion worth of energy subsidies paid in the world [annually]. (IRNA) 2. Deputy Industries…
From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue…
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant…
Soil, water and electricity projects in West Azarbaijan Province were inaugurated Tuesday in the presence of President Hassan Rouhani and Energy Minister Reza Ardakanian. The development plans…
Oil prices rose on Tuesday on escalating US-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a…
Compressed natural gas prices rose by 10% today (May 22). Ardeshir Dadras, head of Iran's CNG Association made the announcement Tuesday on the sidelines of a conference on the "CNG Industry…
Export Price Index, using the year ending March 2012 as a base year and in rial terms, stood at 292.2 in the last fiscal year (March 2018-19), registering a 61.1% increase compared with the year…
Two Democrats with US military experience who are vying for the party’s 2020 presidential nomination shifted the focus of the race to foreign policy on Sunday, criticizing Republican President…
Currency rates have been of the declining order since last Tuesday amid widespread presence of the Central Bank of Iran in the market and reports about easing political tensions. Each US…
According to a notice by Central Bank of Iran, the previous deadline for selling shares of five merged banks and credit institutions has been extended for 15 working days ending on June 13.…
