A new smart banking queue management system has been designed by an Iranian startup that aims to make banking services a tad easier by allowing customers to “get in line” from anywhere at any…
In the wake of a sharp spike in ethane production, polyethylene output in Kavian Petrochemical Complex in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, has witnessed a 40…
Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers. Futures in New York are set to…
The National Iranian Drilling Company has drilled 98 onshore and offshore wells since March, the company’s deputy managing director for drilling operations said.
Two platforms of phases 22-24 in the South Pars Gas Field off the Persian Gulf will come on stream next January, operator of the two phases said. Farhad Izadjou said the two phases have made 92…
Imports of Iranian crude oil by major buyers in Asia hit a five-year low in October, as China, Japan and South Korea sharply cut purchases ahead of US sanctions on Tehran that took effect in…
Iran Air Show, the country’s ninth annual aviation event, concluded on Kish Island on Thursday. The four-day event was mostly focused on promoting domestic capabilities after the…
The 13th International Conference of International Cooperative Alliance Asia-Pacific Regional Assembly concluded in Tehran on Friday.
Russian President Vladimir Putin signed a bill ratifying a temporary agreement on the formation of a free trade zone between the Eurasian Economic Union and Iran on Wednesday.
Foreign exchange rates in Tehran’s market dropped below the support level of 120,000 rials on Wednesday as foreign currency rates continue to decline in the open market. The US…
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Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei called on the Iranian armed forces to step up endeavors to boost their military preparedness and beef up the country’s defensive might…
Tehran Stock Exchange and Iran Fara Bourse – an over-the-counter market for securities and other financial instruments in Tehran - announced changes in trading procedures as part of …
The stock market sell-off on Tehran Stock Exchange continued Wednesday, knocking the TEDPIX 3,400 points and wiping out the gains made since the beginning of autumn. Low oil and commodity prices…
President Hassan Rouhani says border provinces can play a leading role in helping the country cushion the impact of sanctions by forging closer economic ties with neighbors and attracting…
Given the European Union’s apparent incapability in setting up its proposed financial mechanism and its likely inefficiency, it is essential for Iran to be prepared and devise contingency plans…
Pirouz Hanachi was endorsed by the Interior Ministry as Tehran mayor after an extensive and lengthy vetting process. In a decree on Wednesday, Interior Minister Abdolreza Rahmani-Fazli…
Latest data released by the Central Bank of Iran confirm that Tehran's housing market has been plunged into a state of stagflation. The data covering the eight months of the current Iranian…
The Producer Price Index in the year ending Sept. 22, 2018, which marks the end of summer, increased by 24.2% compared with the same period of last year, latest data released by the Statistical…
Following Tehran’s example in its battle against worsening air pollution, the mayor of Ahvaz has called on the Interior Ministry for help in controlling and curbing the omnipresent smog in the…
The First Joint Conference on Korea-Iran Business Opportunities was held at the Iran Chamber of Commerce, Industries, Mines and Agriculture in Tehran on Tuesday.
The 13th International Conference on Coasts, Ports and Marine Structures (aka 'ICOPMAS 2018') concluded in Tehran on Wednesday. Mohammad Rastad, the head of Ports and Maritime…
Russia's State Duma recently endorsed an agreement for the establishment of a free trade zone between Iran and the Eurasian Economic Union. In a November 15 open session, a majority of State…
The annual cost of maintenance and expansion of Tehran's power network is $22 million, the managing director of Tehran Province Electricity Distribution Company said Tuesday. Hossein Sabouri…
Iraq has finalized its 2019 crude oil term contracts, with 67% of its exports poised to go to Asia, an oil ministry spokesman said Tuesday. "The percentage of the total quantities planned for…
