Iran's gas export to Iraq, which was halted for about two weeks, has been resumed, the head of dispatching operations at the National Iranian Gas Company said. “The halt of export to the…
Tapping into the huge offshore and onshore oil and gas reserves to ensure energy security requires not only massive investment, but also cutting-edge technology, neither of which is available in…
The Majlis Joint Commission has approved the import of used vehicles, including passenger cars, tractors, trucks, vans, buses and minibuses, under 5-8 years in the next fiscal year (starting…
As the war in Ukraine nears one-year old, the head of the United Nations said he fears it may be expanding into a wider conflict as the world looks on, UPI reported on Tuesday.
The Iran Mercantile Exchange will for the first time issue 20 trillion rials ($465.1 million) in special auto standard salaf contracts to help fund auto manufacturers, an IME official said.…
Parliament on Tuesday voted in favor of restructuring the top policy and decision-making body of the financial markets in the framework of plans to reform the Central Bank Law. A new body is to…
Tehran Stock Exchange's main index, TEDPIX, gained 18,657.31 points or 1.21% on Tuesday to end at 1,556,516.37. The TSE equal-weighted index climbed 1.73%. About 9.95 billion shares worth 57.8…
Zimbabwe and Iran are ready to increase trade and economic cooperation following the signing of a framework-setting memorandum of understanding at the 9th meeting of the Joint Permanent…
The average Producer Price Index for the services sector in the four-quarter period ending Dec. 21, 2022, which marks the end of the third quarter of the current Iranian year (autumn), increased…
The Second Iran-Afghanistan Business Forum and Conference, touted as “the biggest business event held between the two neighboring countries” was held at Tehran’s Olympic Hotel on Feb. 6-7. A…
“Leisure and Culture”, one of the 12 groups of goods and services surveyed by the Statistical Center of Iran for calculating the inflation rate, registered an average annualized inflation rate…
Iran is interested in timber supplies from Belarus, Belarusian Deputy Forestry Minister Vladimir Krech told reporters after his visit to Tehran, BelTA learned from the press service of the…
Snow cover in Iran’s six catchment areas has risen by 5% between January and February, compared with the same period of last year. According to data from the National Center for Drought and…
About 95% of power industry equipment are currently produced by Iranian manufacturers, said Mojtaba Akbari, managing director of the specialized parent company for the management and supply of…
OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions. “There is a positive mood and optimism, which I must always say is…
About 60% of the drilling rigs of the National Iranian Drilling Company need to be upgraded, the vice president of NIDC said. “The NIDC has 73 drilling rigs that are operating in different…
Iran expects the International Atomic Energy Agency to play its technical role more often and avoid being influenced by fabricated documents, a top nuclear official said.
Iran is dispatching relief teams and emergency supplies to Syria and Turkey following a huge 7.8 magnitude earthquake that struck the region early Monday and several major aftershocks which…
All domestic car companies must from now sell through the national online car ordering portal, sale.iranecar.com, the so-called National Competition Council said Monday. In the past few months…
The Competition Council has ordered the Central Bank of Iran to revise regulations for licensing payment service provider companies to ease the entry of new players in the market and improve…
The Central Bank of Iran says it is in no hurry to launch its central bank digital currency (CDBC) though it was expected to be unveiled today (Monday).
Tehran Stock Exchange's main index, TEDPIX, lost 2,330.31 points or 0.15% on Monday to end at 1,537,859.09. The TSE equal-weighted index lost 0.82%. About 8.66 billion shares worth 49.16…
The third Economic Diplomacy Forum of Iran and Eurasian Economic Union on the Agrifood Industry is scheduled to be held on Feb. 13 at the IRIB International Conference Center in Tehran. The…
Iran registered an average inflation rate of 18-20% for a four-decade period. It is an economy struggling with chronic inflation; in fact it has lived through the most chronic form of inflation…
The government earned 3,887 trillion rials ($8.71 billion) from taxation during the period from the beginning of the current Iranian year on March 21, 2022 to the end of the 10th month of the…
