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June 15, 2025
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  • Domestic Economy
    ‘Communications’ Registers Lowest Inflation at 15.2%
    July 15,2023

    “Communications”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 15.2% in the third month of the current Iranian…

    News
  • Domestic Economy
    Mobarakeh Steel Company’s Monthly Exports Reviewed
    July 15,2023

    Mobarakeh Steel Company exported 18 tons of hot-rolled coil worth 4.62 trillion rials ($9.37 million) in the third month of the current Iranian year (May 22-June 21). The company’s hot-rolled…

    News
  • Domestic Economy
    Agrifood Exports Increase in Tonnage, Decrease in Value
    July 15,2023

    The agriculture sector has played a significant role in Iran’s non-oil exports, as it accounted for 14% of the country’s total non-oil exports value during the five years ending 1400 (March 20,…

    News
  • National
    Pakistan’s Army Chief in Iran to Discuss Defense Cooperation
    July 15,2023

    Pakistan’s Chief of Army Staff General Syed Asim Munir has embarked on a two-day official visit to the Islamic Republic of Iran, the Inter-Services Public Relations said on Friday. During his…

    News
  • National
    Sandstorms Threaten Health of 38 Million Iranians
    July 15,2023

    Exposure to sand and dust storms (SDS) jeopardizes the health of as many as 38 million people across Iran, Director General of the Health Ministry’s Center of Environmental and Occupational…

    News
  • National
    Engagement With IAEA Needs to Be Two-Way Street
    July 15,2023

    Iran’s engagement with the International Atomic Energy Agency has been one-sided while it is expected to be a two-way street, a lawmaker said.  “We have had all sorts of cooperation with…

    News
  • Energy
    US Drillers Reduce Oil, Gas Rigs for 10th Time in 11 Weeks
    July 15,2023

    US energy firms this week cut the number of oil and natural gas rigs operating for a 10th time in 11 weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The…

    News
  • Energy
    Russian Oil Tops G7 Price Cap
    July 15,2023

    Spot prices of Russia’s crude oil this week surpassed the $60-per-barrel threshold of the Group of Seven’s oil price cap scheme, as Moscow and Riyadh tighten supplies. The G7 introduced its oil…

    News
  • Energy
    Iraq to Award Contract for 700 MW Solar Power Plant
    July 15,2023

    OPEC oil producer Iraq intends to award a new project for the construction of a solar power plant with a generation capacity of 700 megawatts, the country’s Electricity Minister Ziyad Ali Fadel…

    News
  • Energy
    Outdated Swamp Coolers Taking Heavy Toll on Power Sector
    July 15,2023

    Evaporative coolers, also known as swamp coolers, account for a massive 43% of daily power consumption in Iran that has already surpassed 72 gigawatts, the head of Iran Grid Management…

    News
  • Energy
    S. Azadegan Oil Output Rises
    July 15,2023

    The oil output of South Azadegan Oilfield has increased in the first quarter of the current Iranian year (March 21-June 21), the managing director of Arvandan Oil and Gas Company, as the…

    News
  • Energy
    250 Projects to Supply Water to19 Million People Nationwide
    July 15,2023

    A total of 250 projects worth $5 billion are underway to help expand water supply infrastructures across the nation, the head of Planning Department at the Iran Water Resources Management…

    News
  • Auto
    Mitsubishi Suspends China Business as Car Sales Plunge
    July 15,2023

    Mitsubishi Motors revealed this week it’s suspending operations in China due to its inability to keep up, as electric vehicles continue to take over the market.

    News
  • Auto
    BYD Proposes $1 Billion India Plan to Build EVs, Batteries
    July 15,2023

    China's BYD Company has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the…

    News
  • Auto
    Q1 Tire Output Crosses 6 Million
    July 15,2023

    Tires produced in the first quarter of the current fiscal year (March 21-June 21) have increased in terms of tonnage compared with the corresponding period of last year. Domestic tire…

    News
  • International
    Australia Names First Woman to Lead Central Bank
    July 14,2023

    Australia's central bank says it will be led by a woman for the first time since it was founded in 1960. Michele Bullock will succeed Philip Lowe, who is coming to the end of a seven-year term…

    News
  • Business And Markets
    Tehran, Kabul Sign Rail MoU
    July 14,2023

    Bakht-ur-Rahman Sharaft, the head of the Afghanistan Railway Authority, and a delegation from Iran signed a memorandum of understanding on Wednesday to expand collaboration in the rail sector.…

    News
  • Domestic Economy
    Construction PMI Declines
    July 14,2023

    The Purchasing Managers’ Index for the construction shows the sector is once again nearing contraction mode after briefly emerging from a nosedive at the beginning of the Iranian year (started…

    News
  • Business And Markets
    Banks Are Warned Not to Hike Rates
    July 14,2023

    Mohammadreza Farzin, the governor of the Central Bank of Iran in a meeting with bank CEOs reemphasized the need to adhere to interest rates on deposits approved by the Money and Credit Council.…

    News
  • Domestic Economy
    Labor Force Participation Rate Hit 41.2% in Q1: SCI
    July 14,2023

    The Statistical Center of Iran has put labor force participation rate — the proportion of the population of ages 15 and above that is economically active, either employed or looking for a job —…

    News
  • Domestic Economy
    Q1 Furniture Exports Hit $15m
    July 14,2023

    A total of $15 million worth of furniture were exported from Iran during the first quarter of the current Iranian year (March 21-June 21), according to the head of Iran Furniture Manufacturers…

    News
  • Domestic Economy
    Transportation Inflation at 43%
    July 14,2023

    “Transportation”, one of 12 groups of goods and services surveyed by the Statistical Center of Iran, registered an annualized inflation rate of 43% in the third month of the current Iranian year…

    News
  • Domestic Economy
    Iran’s SCO Membership: A Turning Point in Enhancing Regional Clout
    July 14,2023

    The membership in Shanghai Cooperation Organization, as a turning point in the improvement of Iran’s political and economic status in the region, will greatly strengthen mutual trust and unity…

    News
  • National
    Opportunities Arising From Engagement With Africa Must Not Be Ignored
    July 14,2023

    President Ebrahim Raisi described Africa as a land of opportunities, saying relations with this continent must not be neglected.   “Unfortunately, over the past year, these relations have…

    News
  • National
    Pakistan Seeks Expansion of Mutual Ties
    July 14,2023

    Pakistani President Arif Alvi on Thursday said that Pakistan wanted to expand bilateral ties with the Philippines, Iran and Rwanda in the fields of trade, economy, investment, culture, and…

    News

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