Since any analyst who has monitored the state of Iran’s economy over the past years invariably speaks of high inflation as one of the key factors in giving rise to economic difficulties, the…

Tehran is expected to be hit by a heavy storm of dust from Monday lasting until Wednesday as per the announcement of the Iran Meteorological Organization. 

Iran will react to any act of unfaithfulness by parties to the 2015 nuclear deal within the framework of the very agreement and mechanisms envisioned in it, a senior Iranian diplomat said in…

Some trilateral strategic relations are shaping between Iran, Russia and China, which is unprecedented in the foreign policy of the three states, an international affairs advisor said. 

Lebanon’s Labor Minister Mustafa Bayram and his accompanying delegation met his Iranian counterpart, Seyyed Solat Mortazavi, during his official visit to Iran, The National News Agency, the…

The installed capacity of Iran’s poultry industry is 3.2 million tons per year and given the domestic consumption of 2 million tons, there is an idle capacity of 1.2 million tons in this sector…

The government bought more than 5 million tons of wheat from local farmers in the first 100 days of the current Iranian year (started March 21) under the so-called “guaranteed purchase” project…

The Iranian National Tax Administration has identified 551 social media influencers and taxed them an aggregate of 170 billion rials ($340,000), says INTA’s Spokesman Mehdi…

A total of 123,606 tons of non-oil goods worth $64.8 million were exported from Golestan Province during the first three months of the current Iranian year (March 21-June 21), registering a 29%…

Iran’s economic growth has improved and GDP growth rate is positive, but this has no analytical value because it was not the result of investment, and for this reason, the impact of this growth…

“Home Appliances, Furniture and Maintenance”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 37.9% in the third…

Asian refiners expect Saudi Arabia to lower prices for crude supply to the region in August, a Reuters survey showed, even as the top oil exporter pledged to deepen production cuts in July as…

Oil slipped on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter…

Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine…

The construction of Alay Mahestan Petrochemical Company in Asalouyeh has registered 30% progress, the head of the Board of Directors at the Oil Industry Pension Funds said.

Plans are underway in the refining industry to increase the daily production of petroleum products so that about 130 million liters per day of gasoline and diesel each will be produced by March…

Electricity supplies to steel mills have shot up by at least 30% over the last two months compared to the same period of a year ago. Energy Minister Ali Akbar Mehrabian made the statement while…

Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and US federal credits helped make its electric vehicles more…

The race to electrification is on a rapid pace, and Aston Martin plans to catch up by leveraging on its key partners. The British luxury automaker is tapping Geely to acquire essential parts for…

Pars Khodro Automobile Company, a SAIPA affiliate, is planning to produce new car models in the current fiscal year (started March 21), SAIPA’s CEO said during the unveiling ceremony of Pars…

In response to the economy minister's recent warning about the poor performance of certain private banks in extending provincial facilities, Secretary of the Association of Private Banks and…

The CEO of Iran Energy Exchange has announced plans to launch a carbon market. In an interview with IRNA, Ali Naqavi listed the bourse’s priorities for the current fiscal year (started March 20…

Tehran Stock Exchange's main index, TEDPIX, gained 13,461.65 points or 0.63% on Sunday to end at 2,157,377.13. The TSE equal-weighted index gained 1.06%. About 8.37 billion shares…

Iran has halted “administrative phases” to dispatch an ambassador to Sweden over the desecration of the holy Quran in the European nation, Foreign Minister Hossein Amir-Abdollahian said.

The northeastern province of North Khorasan has been engulfed by a thick cloud of dust for the past two days, causing breathing difficulties for thousands of people, head of the province’s…