Economy

The World Bank has once again revised up its forecast about Iran’s economic growth in 2022. In a new report titled “Reality Check: Forecasting Growth in the Middle East and North Africa in…

Tehran Stock Exchange’s primary index TEDPIX added 106 points or 0.1% during the trading week that ended April 5 and stood at 77,690.

IFX, the main index of over-the-counter market Iran…

Majlis, the Iranian Parliament, agreed in principle over the budget bill outlines proposed by the government of President Ebrahim Raisi for the fiscal 2022-23. In a Sunday vote, 174 MPs voted…

The Adani Group has removed a ban on exports and imports to and from Afghanistan, Pakistan and Iran at its Mundra Port in India, reversing an order issued in October. The company said it…

Over half of all passenger aircraft in Iran have been grounded due to technical problems, according to the vice president of Iranian Airlines Association’s board of directors. “Presently, more…

The second phase of Kermanshah Petrochemical Industries Company in the namesake western province will be completed by 2023, Kermanshah’s governor-general said. “Upon the launch of the second…

Non-revenue water loss in the last fiscal year (March 2020-21) is estimated at around 2,000 billion liters, accounting for 25% of the total water supply that stood at 8,000 billion liters.

Visa requirements have reportedly been eased between Iraq and Iran. Iran's Ambassador in Baghdad Iraj Masjedi has been quoted as saying that visas are now not required by Iranians arriving in…

Tehran Stock Exchange’s main index shed 701.5 points or 0.88% during the week that ended January 4 to end at 78,990.3.

IFX, the over-the-counter Iran Fara Bourse’s benchmark, lost 19.6…

The Stock Exchange High Council has formally appointed Mohammad Fetanatfard as the new chairman of the Securities and Exchange Organization (SEO), during a meeting held on Monday's afternoon, ISNA…

Days after a massive drug haul at the Mundra Port in Gujarat made the Adani Ports and Special Economic Zone (APSEZ) issue a trade advisory stating that it will not handle any…

Azerbaijan and Iran carry out rail, road and sea trade through Astara - the most important border checkpoint between the two countries, Spokesman of the Islamic Republic of Iran Customs…

More than 28 million doses of Covid-19 vaccines have been imported to Iran, according to the technical deputy of the Islamic Republic of Iran Customs Administration.

The World Heritage Committee has inscribed Trans-Iranian Railway on UNESCO’s World Heritage List. The decision was taken during the committee’s 44th session held online and chaired from Fuzhou…

China and Iran signed a 25-year strategic cooperation agreement on March 27, 2021, which mainly addresses economic issues amid crippling US sanctions on Iran.

Tehran Stock Exchange benchmark staged a broad rally on dovish signals from the ongoing nuclear talks between Iran and P5+1 to register a three-month high at Sunday's close.

The average goods and services Consumer Price Index of “communications” in the 12-month period ending June 21, which marks the end of the third Iranian month, increased by 18.7% compared with…

The consumer price index rose at an annual rate of 9.4% last month, down from 37.4% in the months before and far lower than its peak increase of 85% last October. By itself, this is no…

The Iranian handwoven carpet has been registered by the World Intellectual Property Organization, Director of Iran National Carpet Center Farahnaz Rafe’ said. Rafe’ added that henceforth, Iran'…

The World Bank has revised up its estimates and forecasts for Iran’s economic growth in its latest Global Economic Prospects reports published in June. According to the report, the economy is…

Negotiations on a full-fledged free trade zone between the Eurasian Economic Union and Iran are set to start soon.

Close to 645,000 tons of semi- and wholly-milled rice worth nearly 9.55 trillion rials ($250 million) were imported into Iran during the first four months of the current fiscal year (March 21-…

Gift card market in 2020 was driven by a wide range of factors, which supported growth across retail and corporate segments.  The primary factors included growth of ecommerce, increased…

Tehran and Beijing have signed an agreement to broaden cooperation in customs affairs for increasing bilateral trade ties. The agreement was signed on Wednesday between the Director General of…

Iran traded $24 billion worth of goods with P5+1 countries during the last fiscal year (March 2020-21), according to the spokesperson of the Islamic Republic of Iran Customs Administration.