The dollar declined in the early hours of trade in Iran on Tuesday but later gained some ground against the rial. Trade commenced with the greenback as low as 210,000 rials in the first few...
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Wednesday
January 20, 2021
Time
South Koreans in Cahoots With Trumpian Anti-Iran Policy
January 19, 2021 20:54
Featured
January 19, 2021 20:10
A total of $158 million worth of foreign investments have been made in Iran’s free trade and industrial zones during the first nine months of the current Iranian year (March 20-Dec. 20, 2020),...
January 19, 2021 20:07
Iran and Turkey have signed three documents for maximizing the capacity of freight and passenger rail transportation, Managing Director of the Islamic Republic of Iran Railways Saeed Rasouli...
Latest News
January 17,2021 19:42
Domestic Economy
January 19, 2021 20:19
With the export of 1.1 million tons of slab, bloom and billet during the first nine months of the current fiscal year (March. 20-Dec. 20), Khouzestan Steel Company remained Iran’s biggest...
Markets
January 12, 2021 21:29
Thermal Power Plant Holding Company plans to sell standard salaf contracts worth 13.57 trillion rials ($52 million) in two phases to fund new projects, the company's CEO said.
Affiliated to the Energy Ministry, TPPHC sold salaf contracts worth 6.57 trillion rials ($26.2 million) on Tuesday in the first offer. No date was specified for the next round.
Salaf contracts were offered at Iran Energy Exchange, according to Mohsen Tarztalab, IRNA reported. Standard parallel salaf is an Islamic contract similar to futures with the difference being that the total price should be paid in advance.
The electricity-backed Salaf securities are offered on the derivatives market at IRENEX, which is a commodity exchange in Iran where physical energy carriers (oil, gas, electricity) and commodity-based securities are traded.
Energy
January 19, 2021 19:57
Availability of and access to water is the responsibility of those who manage this finite resource. Period. Professor Neda Torabi Farsani goes straight to the heart of the matter in her...
January 19, 2021 19:47
January 19, 2021 19:37
January 18, 2021 17:55
January 17, 2021 19:05
January 17, 2021 19:03
National
Finance
January 17, 2021 17:08
Banks gave 73.93 trillion rials ($302 million) in loans to 2,722 small and medium-sized businesses plus to pending business projects with physical progress above 60% in the first three quarters...
Tech
January 19, 2021 20:25
Iran’s Islamic Azad University has inaugurated a research and technology fund to back new tech teams and startups throughout the country. During a Wednesday event, Saeed Askari, the head of the...
Today's Paper
Spotlight
January 18, 2021 17:58
Non-revenue water loss of the National Water and Wastewater Engineering Company (Abfa) is estimated at around 25% or 1.6 billion cubic meters per year, the company’s public relations manager...
Business
In-depth
People
January 18, 2021 18:05
Tehran’s subway network requires 20 trillion rials ($88.49 million) to launch 10 stations in three lines, the CEO of Tehran Metro Company said. Ali Emam added that the construction of these...
Environment
January 18, 2021 17:58
Non-revenue water loss of the National Water and Wastewater Engineering Company (Abfa) is estimated at around 25% or 1.6 billion cubic meters per year, the company’s public relations manager...
January 06, 2021 19:08
With air pollution hovering above emergency levels in Tehran amid news of widespread low-quality mazut use in power stations, bureaucrats are scapegoating the public and waging blame games....
January 02, 2021 18:28
Tehran has been suffocating under a blanket of smog over the past several days, as urban managers faced the public ire over their inaction. In a meeting held on Friday, Abdolreza Cheraghali a...
December 26, 2020 19:52
The coronavirus outbreak has forced some businesses to close and reduced working hours in many organizations and companies across the board. Lockdowns have led to a reduction in traffic as...
Tehran News
Business Climate
January 09, 2021 22:08
Growth in key monetary variables, including money supply and the monetary base, lost momentum in the calendar month to Dec. 20, the Central Bank of Iran said. Outlining trends in major...
Fuel Prices
May 01,2020 23:05
Promotional
November 01, 2020 18:10
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Foreign Trade
December 28, 2020 19:13
Iran’s exports to 20 countries during the first eight months of the current fiscal year (started March 20) have been under scrutinized in a report by Tehran Chamber of Commerce, Industries,...
Real Estate
Construction Permits Up 34.5% in Q2 January 18, 2021 19:02
Tehran Housing Inflation Tops 68%January 17, 2021 19:10
Q3 Urban Rent Inflation at 26% January 12, 2021 19:06
Tehran Building Permits Down 20% January 02, 2021 18:34
Petrochemical Industry
Petrochem Co. Says Sales to Surge January 10, 2021 19:25
Petrochemical Output to Reach 133m Tons by 2025 January 04, 2021 19:03
Petchem Co. in Asalouyeh Helps Complete Ethylene Value Chain December 30, 2020 19:15
Petrochem Sector Earns $110 Billion in 7 YearsDecember 27, 2020 19:28
FATF
EC Confirms Leader's Approval to Review 2 Remaining FATF Bills December 19, 2020 11:57
Expediency Council May Again Review FATF Bills December 15, 2020 14:05
Non-Compliance With FATF Rules Harming Iran’s Int’l Financial Ties October 27, 2020 19:22
FATF Toughens AML Rules October 25, 2020 19:52
Tehran Stock Exchange
TEDPIX Closes Near Flatline January 19, 2021 20:55
Stock Walloping Continues January 19, 2021 13:32
Tehran Share Market Extends LossesJanuary 12, 2021 21:29
TEDPIX Slips 0.4% January 11, 2021 19:46
Agriculture
Olive Output Expected to Reach 120K Tons by Fiscal YearendJanuary 19, 2021 20:22
Agro Investment Down 10.8% Annually Over Eight YearsJanuary 18, 2021 19:02
Apple Exports Top $760m in 9 MonthsJanuary 12, 2021 19:08
Foundation Slams Gov’t Decision to Import 2.3m Tons of WheatJanuary 05, 2021 18:50
Steel
KSC Remains Iran’s Biggest Steel Exporter in 9 MonthsJanuary 19, 2021 20:19
Government-Controlled Steel Pricing Policy at IME CensuredJanuary 05, 2021 20:47
Worldsteel: Iran’s Steel Output Increases by 12.7% in 11 Months December 28, 2020 19:30
Apparent Steel Usage Up 21%December 27, 2020 19:44
Iran and Europe
Inflation
Tehran Housing Inflation Tops 68%January 17, 2021 19:10
SCI Scans Food Price ChangesDecember 29, 2020 19:28
MRC Looks at Retail Inflation December 05, 2020 02:50
‘Health & Treatment’ Inflation at 25%December 04, 2020 17:24
Renewables
Fossil Fuel: A Thing of the Past January 04, 2021 18:55
Clean Energy Capacity Expanding in 3 Regions December 16, 2020 18:46
Building Solar Power Plants in Desert Areas Not Feasible November 17, 2020 22:14
Renewables Gain MomentumNovember 06, 2020 17:50
Aviation
Airlines’ Debts to Mehrabad Int’l Airport Reach $20mJanuary 11, 2021 18:55
Airlines Call for Lifting Cap on Passenger CapacityJanuary 04, 2021 19:10
Passenger Traffic Declines by 85% in Eight Months January 03, 2021 19:01
IKIA Grappling With PandemicDecember 30, 2020 19:46
Mining
Iran's Q1-3 Mineral Exports Top $4b January 18, 2021 18:02
IMIDRO Reviews Lead, Zinc Extractions in 8 Months December 21, 2020 18:55
Industries, Mines Register Highest GDP Growth in H1 December 16, 2020 19:05
Calls for Reducing Gov’t Role in Mining to Favor Private SectorDecember 01, 2020 18:43
Ports and Shipping
Remarkable Rise in Gilan Ports’ Throughput January 02, 2021 18:39
Decline in Mazandaran’s Busiest Port ThroughputJanuary 01, 2021 19:10
40% Increase in Throughput of Gilan’s Ports December 23, 2020 20:14
Iranian Ports Capacity Tops 240 Million Tons Per AnnumNovember 21, 2020 17:26
Rail Transport
Iran Signs Rail Agreements With TurkeyJanuary 19, 2021 20:07
Cash Crunch Stalls Subway Projects January 18, 2021 18:05
Iran, Afghanistan Approve Agreement on Int’l Rail LinkJanuary 12, 2021 18:42
Karaj Subway Closer to LaunchDecember 26, 2020 20:01
