• Iran Refiners Ramp Up Output
    Oil refining companies in Iran are doing reasonably well as production and export of gasoline has been of the ascending order in the past 14 years. The National Iranian Oil Refining and...
  • No 1714
    No 1714
    No 1714
  • Iranian Exhibition Sector Sustains $4.4m in Pandemic Losses
    Iran’s exhibitions sector has suffered 1.25 trillion rials ($4.26 million) in losses since the outbreak of the coronavirus pandemic in mid-February, according to the head of the Union for...
  • CBI Forex Dealers Raise Rates
    Unabated rallies in currency rates propelled exchange shops affiliated to the Central Bank of Iran to push rates to unprecedented levels on Tuesday.  The dollar climbed 10,000 rials to 292,000...
  • Housing PMI Down 4.5% to 50.54
    Purchasing Managers' Index for the sixth month of the current fiscal year (Aug. 22-Sept. 21) settled at 50.54 from 52.94 in the preceding month (July 22-Aug. 21).  Iran Chamber of Cooperatives has...
  • MPs Visit Nagorno-Karabakh Border
    A group of Iranian lawmakers paid a visit to the country’s border areas near the Nagorno-Karabakh region, where fighting has broken out between Armenia and the Republic of Azerbaijan since last...
  • Iraqi Airways Flight Permit Cancelled
    Iraqi Airways’ flying permit to Iran was cancelled as of Oct. 4 until further notice for violation of permit conditions, the head of the Civil Aviation Organization of Iran said on Sunday.   
  • NICICO Sales Grow 61% YOY to  Over $560 Million in 6 Months
    The National Iranian Copper Industries Company’s sales stood at 161.95 trillion rials ($568 million) during the first six months of the current Iranian year (March 20-Sept. 21), according to the...
  • Oil Prices Rebound 2%
    Oil prices rose more than 2% on Monday, lifted by comments from doctors for US president, Donald Trump, suggesting he could be discharged from hospital as soon as Monday, just a few days after his...
  • Cement Export Declines While That of Clinker Rises
    As of March 2018, Iraq used to be the main export destination of Iranian cement, but it is more than a year now since the neighboring country suspended imports of this construction material from...
  • Iran H1 Auto Output Rises 10%
    Iran’s automotive output increased by more than 10% during the first half of the current Iranian year (March 20-Sept. 21) compared with the year-ago period. According to data released by...
  • Unraveling the Water Crisis
    There is a substantial difference between water consumption patterns in the developed and the developing world. In countries with low to average GDP like Iran, industry accounts for 2% of total...
  • Methanol Plant in Bushehr Near Completion
    Construction of Sabalan Petrochemical Plant in Asalouyeh, southern Bushehr Province is almost over, the managing director said. An undertaking of Sepehr Energy Corporation (SECo), the plant will...
  • Plan to Meet Weaponry Needs After Arms Ban Expiry
    Iran will meet its weaponry needs after the United Nations arms embargo expires later this month and no country can prevent Tehran from exercising its right under the UN resolution, a senior...
  • BSI Reports Stronger Performance
    The semi-private Bank Saderat Iran’s financial performance improved in the last calendar month (August 21- Sep 21) as the bank reported a strong enough balance sheet.   
  • Tehran Stock Market Losses Multiply
    Tehran stock market losses multiplied on Monday as sell-side pressure outweighed demand and many categories saw price declines. The main index of Tehran Stock Exchange, TEDPIX, lost 32,808.06...
  • SCI Chief Explains Inflation Gap in Income Deciles
    The bigger share of durable goods (automobiles, household goods, etc.) in the consumer basket of high-income deciles is one of the reasons behind the inflation gap between income deciles, Javad...
  • CSDI: Trading Codes Exceed 20 Million
    Data released by the Central Securities Depository of Iran show that the number of trading codes has reached 20.5 million.  More than 40% of the codes was issued in the current fiscal year that...
  • H1 Public Complaints Against Goods, Service Providers Surveyed
    A total of 111,337 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces in the first half of the current Iranian...
  • Forex Back on Fast Track
    Foreign exchange rates in Iran’s free market climbed again on Monday after a lull in the past two sessions as the US dollar clawed back losses in previous trade.  The greenback surged to 293,000...
  • SMEs Exports Rise to $1.7b
    Small- and medium-sized businesses, affiliated with Iran Small Industries and Industrial Parks Organization, exported $1.74 billion worth of goods during the first half of the current Iranian year...
  • US Has No Right to Trigger ‘Snapback’
    US Has No Right to Trigger ‘Snapback’
    German Foreign Minister Heiko Maas reaffirmed the commitment of the three European signatories to the 2015 nuclear agreement signed between Iran and world powers, saying the United States has left...
  • $35m in Loans to Shore Up Saffron Production, Exports
    Bank Keshavarzi Iran, Export Development Bank of Iran and Bank Mellat will lend loans to economic operators engaged in the production, processing and export of saffron, based on a memorandum of...
  • No 1713
    No 1713
    No 1713
  • Covid-19 Cases Hit Single-Day Record
    Iran registered its biggest single-day spike in coronavirus cases on Monday with 3,900 new infections, as overnight deaths touched late July’s record high of 235.  

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