Foreign currencies slipped in Tehran’s free market on Sunday impacting the bullion market. The dollar was down 2.3% after logging about 7% gain against the rial in three consecutive sessions...
Foreign currencies slipped in Tehran’s free market on Sunday impacting the bullion market. The dollar was down 2.3% after logging about 7% gain against the rial in three consecutive sessions...
Total assets of Iranian banks was 107,065.4 trillion rials ($334.5 billion) at the end of the first calendar month of fiscal year to April 20. It was 46% higher y/y but down 3% on a monthly...
Sunday’s tally of active Covid cases and fatalities saw a drastic rise as 717 new patients were identified and six people died from the disease.
A total 3,376 tons of Iranian tea worth $3.28 million were exported to 20 countries in the first two months of the current Iranian year (March 21-May 21), according to the executive manager of...
The benchmark of Tehran Stock Exchange, TEDPIX, closed slightly above the flatline on Sunday amid mounting uncertainty and consecutive decline in retail trade.
The market cap-weighted TEDPIX gained 1,354.47 points or 0.09% to end trade at 1,502,986. Small caps and penny stocks outperformed as seen in the 0.3% rise in TSE’s equal-weighted index.
Retail trade dropped 11% on the session before to reach 32.66 trillion rials ($102 million). Net capital outflow by retail traders was 2.29 trillion rials ($7m).
The National Iranian Oil Company is implementing plans to reduce gas flaring in various oil and gas fields, the director of NIOC’s Health, Safety and Environment Department said. “With the...
The Central Insurance company of Iran, the industry’s regulator, has denied claims that it plans to create a monopoly in the online insurance market. Last week the CII posted a statement on its...
A domestic knowledge-based company has designed a smart polymer gel that has a price advantage over foreign counterparts and can significantly prevent the outflow of foreign currency. The smart...
Groundwater extraction from the plains in and around Tehran Province is 10 times faster than the rate at which water tables can replenish themselves, a water resources management expert said. “...
Tehran’s worn-out bus fleet will be replaced by new vehicles, increasing the total number of buses in this metropolis to 5,000. Tehran’s Mayor Alireza Zakani has announced that in the current...
Drought and low precipitation levels have caused losses amounting to 114.89 trillion rials ($368 million) in Lorestan Province’s agriculture sector so faro Organization said on Wednesday.
The executive work to transfer 200 million cubic meters of desalinated water per year from the Sea of Oman to Sistan-Baluchestan is underway, director general of the National Water Data said. “...
Urmia Lake’s water level is currently 1,270 meters, down 53 centimeters compared to last year’s level, the head of Integrated Water Resources Management Department at the Energy Ministry said...
Exporting water-intensive crops and fruits, such as watermelon and pistachio that comprises the virtual export of water, is taking a heavy toll on depleting groundwater resources, a faculty...
Latest data released by the Statistics and Economic Analysis Center of Iran Chamber of Commerce, Industries, Mines and Agriculture show the Purchasing Managers’ Index for Iran’s industries has...
Iran and the European Union’s 27 member states traded €1.67 billion worth of goods in the first four months of 2022, registering a 15.3% growth compared with last year's corresponding period....
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