The Central Bank of Iran has announced a new set of rules for repatriation of export earnings in the current fiscal (March 2019-20). In a directive published on the CBI website Monday, it…
Owners of BMW and Volkswagen vehicles got together in an exhibition held on Friday at Tehran's iconic Milad Tower. The one-day event was held after Persia Khodro, the official firm representing…
A Tehran city councilor voiced his opposition to the import of secondhand buses, which has been proposed as an option to renovate the aging transportation fleet in the capital.
The Iranian Parliament on Sunday passed a law on regulating the country’s automotive sector months after a turmoil spiked car prices to unprecedented heights.
Foreign Minister Mohammed Javad Zarif called on US President Donald Trump to try respect rather than threats in its approach to Iran. “#NeverThreatenAnIranian. Try respect—it works!” he…
Omani Foreign Minister Yusuf bin Alawi has traveled to Tehran on Monday to hold talks with his Iranian counterpart, Mohammed Javad Zarif, amid rising tensions between Iran and the United States…
Introducing domestic reforms and pursuing a more active economic diplomacy can help the Iranian economy survive this testing period, says an economic expert.
The share of Iran's commodity exports from total merchandise exports has declined from 87% in 1995 to 73% in 2017, according to the United Nations Conference on Trade and Development's 2019…
Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value…
Production at the giant Kashagan oilfield in Kazakhstan's sector of the Caspian Sea restarted Sunday following the completion of scheduled maintenance, a source with a partner in the field's…
Iran traded 3.66 million tons of non-oil commodities worth $1.84 billion with its 15 neighboring countries in the first month of the current fiscal year (March 21-April 20) to register a 12.75%…
Imam Khomeini International Airport is set to conduct domestic flights after the inauguration of its new terminal, Salaam. "Passengers will have more options to choose from once some of the…
Close to 520 kilometers of high-pressure gas pipes are being laid in Zahedan, Sistan-Baluchestan Province, managing director of the Khorasan Razavi Province Gas Company said. "The project is…
Rehabilitation of Tehran's ageing power infrastructure is underway and several substations have been repaired or replaced, managing director of Tehran Regional Electricity Company said.
In a bid to improve energy efficiency and help protect the environment, Fanavaran Petrochemical Company off the Persian Gulf has reduced energy consumption in the methanol and ethanol units, the…
In an effort to expand landline telephone services in Tehran, six telecommunications centers have undergone cord renovation since May 18.
Iran and Azerbaijan signed an agreement to expand information and communications technology ties during a meeting of their joint ICT workgroup.
A cybersecurity project codenamed Digital Fortress (Dejfa in Persian) was unveiled by the Iranian ICT Minister Mohammad Javad Azari Jahromi on Saturday to shield the country from increasing…
Iran Fara Bourse, the junior stock market in Iran, topped the list of 77 stock markets in the world as reviewed by World Federation of Exchanges, with its market capitalization registering 80%…
The Central Bank of Afghanistan has annulled the operating license of the only Iranian bank which was active in that country. Arian Bank started its operations under a joint venture between…
More than 2.42 quadrillion rials ($16.54 billion) worth of investments are expected to be made in industrial units for which establishment permits were issued, while investments worth 510.72…
The Producer Price Index for industrial chicken farms (using 2011 as the base year) stood at 409.86 in the last Iranian year (March 2018-19), indicating a 50.23% increase compared with the year…
Iran exported 49,578 tons of non-oil commodities worth $12.77 million to Nepal in the last fiscal year (ended March 20, 2019) to register a 2,236.25% and 3,114.84% hike in tonnage and value…
Iraqi President Barham Salih said Baghdad will stand by the Iranian people and government during difficult times just like the Islamic Republic did when it offered substantial help in Iraq's…
The American sanctions on Tehran offer the country an opportunity to redirect its economic diplomacy toward neighboring and eastern countries, especially traditional partners such as India,…
