Currency rates and gold prices continued their steady rise in Tehran amid a bull run in the stock market. On Monday the US dollar climbed above the resistance level of 140,000 rials for the…
To help reduce road mishaps and fatality rates, Traffic Police is to install a smart monitoring system called ‘Sepahtan’ on intercity taxis in the current fiscal year (started March 21).
Iran’s automotive output suffered its sharpest year-on-year decline in 2018 since the 21st century. Local companies last year made 1.34 million cars and commercial vehicles -- a 40% YoY decline…
Iran held on to its ranking as the world’s 10th biggest cement producer in 2018, although the country’s production declined by 1.85% compared with 2017 to stand at 53 million tons, a report…
The housing sector registered a year-on-year inflation of 23.6% in the final month of the last Iranian year (Feb. 20-March 20) compared with the similar month of last year.
Iran exported 448,000 tons of pastry and chocolate worth $678 million during the 11 months to Feb. 19, registering a 13% growth compared with the corresponding period of the previous year.
Iran exported 8.9 million tons of mineral products worth $1.77 billion to the neighboring country Iraq during the 11 months to Feb. 19. Mineral exports accounted for 46% and 20% of the volume…
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving…
Delays in paying private contractors have grounded many clean energy projects, a member of the Iran Renewable Energy Association (IrREA) said on Sunday. "Most private companies have…
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya as well as strong…
China’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge…
The West Ethylene Gas Pipeline ruptured in western Kermanshah Province on Sunday, the governor said. "There are no reports on casualties or damage to property," Fazlollah Ranjbar was quoted as…
No 1288
Officials in the White House have announced plans to intensify sanctions on Tehran in the coming weeks, but that would not produce their desired result and could even be counterproductive, a…
A senior Iranian official on Sunday said the position adopted by the Group of Seven (G7) nations on Iran’s regional role and its defense program is “unrealistic” and “incorrect”.
Parliament Speaker Ali Larijani has called for closer cooperation between parliaments to cope with the challenges of an increasingly interlinked world. Larijani traveled to Doha, Qatar,…
A day after Boeing confirmed delays in test flights of its commercial crew vehicle, NASA said that the company's crewed test flight will get an extended stay at the station when it does fly.
A computer programming team from Tehran’s Sharif University of Technology won a bronze medal during the 43rd round of the International Collegiate Programming Contest (ICPC 2019). The contest…
Communication infrastructure sustained nearly 15 trillion rials ($113 million) in damages from the floods sweeping across much of Iranian provinces during and after the Norouz holidays. ICT…
As part of moves to curb unwanted and annoying text message ads, Iran’s Communications Regulatory Authority has blocked about 120,000 mobile phone numbers since November 2017, when an automated…
The governor of the Central Bank of Iran said Sunday that the long-awaited Regulated Foreign Exchange Market will be launched by mid-April. Rules for launching the first-ever forex market…
Governor of the Central Bank of Iran says Iraq has paid a large part of its debt to Iran. The debts are mainly related to Iranian gas and electricity export to the neighboring country. The…
Stock markets in Iran are on fire. Free flowing liquidity from parallel markets, rise in global commodity and metal prices, bullish foreign exchange rates, good yearend reports for listed…
1. Minister of Roads and Urban Development Mohammad Eslami: Flood-stricken Iranians need more than 55,000 homes. (Hibna) 2. Deputy Roads Minister Kheirollah Khademi: Flooding in Iran has caused…
A total of 7.09 million tons of finished and semi-finished steel products were exported from Iran during the 11 months to Feb. 19 to register a 4.33% year-on-year decrease, the Iranian Steel…
