The value of trade in the Iran Energy Exchange (IRENEX) touched 171 trillion rials ($ 1.17 billion) in the last fiscal (ended March 20) – up 126% compared to the year before, the IRENEX boss…
The CEO of a newly registered Iranian reciprocal company for trade with Europe says the company is ready to launch its first trade with Europe, according to a notice on the Central Bank of Iran…
With the stock market making new inroads, the main index of the Tehran Stock Exchange for the first time climbed above 220,000 points on Wednesday to close the trading week 1.6% higher. …
Foreign Minister Mohammed Javad Zarif stressed the need for regional dialogue and cooperation among Asian states to promote multilateralism, assuring that Iran would be a "steadfast partner" in…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Wednesday reiterated his opposition to the spread of western influence in Iran's educational system and programs.
Passenger rail services between the capital cities of Iran and Turkey are set to resume in July, the CEO of the Islamic Republic of Iran Railways announced. Saeid Rasouli made the announcement…
The retail price of onions in the month ending April 20 increased by 459.5% compared with the same period of last year. A kilogram of onions was sold at 110,872 rials (77 cents) to…
The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of the last fiscal year (ended March 20, 2019), compared with the preceding…
Iran recorded a non-oil trade surplus of $8.75 billion with Persian Gulf littoral states, namely Iraq, Kuwait, Qatar, the UAE, Bahrain and Saudi Arabia, in the last fiscal year (ended March 20,…
Oil Minister Bijan Namdar Zanganeh has denied rumors that gasoline rationing would start from today (May 2). “What is being floated around regarding gasoline rationing is a lie,” he said…
President Hassan Rouhani on Wednesday inaugurated water projects in western Kermanshah Province completed at a total cost of $285 million.
Oil prices fell on Wednesday after a report showed a rise in US crude inventories, but global markets remained tense amid an intensifying political crisis in Venezuela, tightening US sanctions…
OPEC oil supply hit a four-year low in April due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.
Gas units of the first phase of Khorramabad Combined Cycle Power Plant in Lorestan Province, have registered 70% progress and will come on stream in the fall, said the managing director of Saba…
After registering a whooping growth of 5,623 points on Monday, which drove the main benchmark of the Tehran Stock Exchange 2.69% higher, stocks continued the rally on Tuesday. TSE’s main…
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International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial…
Boosting self-sufficiency in key areas, domestic production and increasing non-oil exports should be prioritized in the sanctions era, as they can help improve the economy and foil America's…
Iran's offer of negotiation over a prisoner swap was not welcomed by the United States because it seeks comprehensive talks covering all areas of dispute, according to an analyst.
The 2015 nuclear deal will most likely collapse, if the European Union refuses to bear the costs of rescuing the international accord, a senior diplomat said.
Iran's banks lent more than 7,737 trillion rials ($51.7 billion) in the previous fiscal (ended March 20). The amount was up 26% compared to the year before.
In a new round of oil offer on the Iran Energy Exchange, the Iranian National Oil Company sold 70,000 barrels of heavy crude on Tuesday. The company had offered 1 million barrels of heavy…
An innovation center has been launched at the University of Tehran. The center, which was inaugurated on Sunday, is aimed at boosting the development of knowledge-based products and…
New innovation factories will be launched in Iranian metropolises by the Presidential Office’s Science and Technology Department to support and expand startup and knowledge-based ecosystems.
Urban authorities, tech enthusiasts and startup owners gathered in Tehran on Monday to discuss smart solutions for overhauling waste management in the Iranian capital.
