Lawmakers ratified another section of next year's (March 2019-20) budget bill that allows Bank Maskan - the main housing bank - to reimburse 50 trillion rials ($400 million) of its debt to the…
A drop in global biodiversity is putting ability to produce food at risk, a new United Nations report warns. According to the UN's Food and Agriculture Organization, biodiversity in food…
Iran and China discussed practical ways of strengthening relations between their public and private sectors, Iran’s top lawmaker said. Upon returning from a visit to China, Parliament…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei extended condolences on the demise of Ayatollah Mohammad Momen. In a message on Friday, Ayatollah Khamenei described Ayatollah Momen…
Iran has put four major areas on its agenda for cooperation with the Kurdistan region of Iraq, namely creating free trade zones, establishing industrial towns, developing medical tourism and…
Foreign exchange rates declined on Thursday, after a week of flurry brought the US dollar close to the psychological level of 140,000 rials the previous day. According to market reports, the…
Samsung has unveiled a foldable smartphone - the Galaxy Fold - alongside a 5G Galaxy S10 handset and three other Galaxy S10 mobiles. The Fold will go on sale in just over two months time,…
A Japanese space probe named after a falcon, Hayabusa 2, has touched down on an asteroid more than 300 million km from Earth on a mission to seek clues about the origins of life, Japan’s space…
Bijan Abbasi Arand was appointed CEO of major mobile operator MTN-Irancell on Wednesday, replacing Alireza Ghalambor Dezfouli. Arand is a former director of Shiraz Electronic Industries…
Major Iranian online marketplace Bamilo announced Wednesday that the firm has been forced to cut jobs and downsize due to economic hardships and falling revenues. In a statement published…
1. Russia’s Deputy Foreign Minister Sergey Ryabkov: The upcoming launch of INSTEX, the European mechanism of foreign trade settlements aimed at facilitating trade with Iran bypassing American…
The goods and services Consumer Price Index in Iran saw a year-on-year increase of 42.3% in the Iranian month of Bahman (Jan. 21-Feb. 19) compared with the similar month of last year, the…
A total of 46,000 tons of farmed shrimp have been produced in Iran since the beginning of the current Iranian year (March 21, 2018), the director general of Iran Fisheries Organization's Shrimp…
Iran traded 6.73 million tons of non-oil commodities worth $8.57 billion with member states of the European Union during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20)…
The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months, recognizing the…
A top US official discussed this week South Korea’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting…
The National Iranian Oil Company's Exploration Department has discovered 73hydrocarbon fields during the last 40 years, of which 24 are shared with Arab neighbors, head of department said.
Electricity subscribers will have to pay 10% of the cost of their power consumption as tax in their electricity bills next year (begins in March). The Majlis agreed on Wednesday to raise tax…
Developing oilfields, especially in the Caspian Sea is not on the agenda of the National Iranian Oil Company. Therefore, Khazar Exploration and Production Company as a subsidiary of the NIOC has…
Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any…
To help promote competition, those who build green power stations are not obliged to use locally-produced parts and equipment. Mohammad Sadeqzadeh, head of the Renewable Energy…
No 1263
President Hassan Rouhani's chief of staff has denied recent claims by selected news outlets that the government for politically motives intentionally allows increase in foreign exchange rates.…
Stocks rose on Wednesday as investors took heart from the rally in global markets, expectations of positive earnings reports of companies and the boom in commodity trading on Iran Mercantile…
Debating next year's (March 2019-20) budget bill in the Majlis, lawmakers on Wednesday obliged the Iranian National Tax Administration with collecting 30% of overdue taxes in the current…
