Economy

Iran Mercantile Exchange witnessed the trading of 764,312 tons of commodities valued at $305.5 million in the trading week that ended on September 8, indicating a 10% and 9% growth in trading…

More than 12.4 million tons of iron ore concentrate were domestically produced in the first five months of the current Iranian year (March 20-August 21), registering  a 20% rise compared with…

The Iranian steel market has recovered slightly over the past week, despite stagnation, although such rallies rarely last for long, UK-based specialist international publisher and information…

Tehran Stock Exchange’s main index inched up by 3.60 points or less than 0.01% to end Sunday trade at 76,643.9.

More than 390 million shares valued at $22.5 million changed hands for the…

Head of Treaty London and head of Iran for Matrix Insurance which has recently opened an office in Tehran says Iran represents a great opportunity in the insurance market.  

Establishment of a specialized bank for the oil industry in cooperation with contractors could help solve the sector’s funding problems, said Bahaedin Husseini, a former banker. He says the…

In its latest report mapping out the economic performance of the country during the previous fiscal year that ended in March, the Majlis Research Center has identified three major challenges…

SAIPA has announced the price at which Pride and Tiba are being sold in Iraq and Azerbaijan.

A Pride without airbags or a Euro-II engine, neither ABS brakes nor third-party insurance is…

Three in four British drivers are worried that the introduction of driverless cars will spell the end of road etiquette, research shows.

The survey by uSwitch.com found that 75% of the UK’s…

Urmia, the second largest city of West Azarbaijan Province, hosted the First Urmia International Auto Exhibition.

The event, which concluded on September 9, featured national and…

SAIPA’s new Saina automatic will be available in the market by the end of the current Iranian year (March 20, 2017).  The price of the new model has been estimated at 320 million rials ($9,…

Iran currently holds a 20% share in the global markets for hand-woven carpets, Seyyed Razi Haj-Aqamiri, a board member at Tehran Chamber of Commerce, Industries, Mines and Agriculture, said.

Statistics by Food and Agricultural Organization on food waste in Iran are staggering.

According to these figures, 1.3 billion tons of food, mainly fruit, vegetables, fish and grains, are…

Russia’s rolling stock and defense group Uralvagonzavod (UVZ) Research and Production Corporation has started shipping its rail carriages to Iran, CEO Oleg Sienko announced on Friday. He said 600…

Iran has expressed interest in participating in the China-Pakistan Economic Corridor Project (CPEC), terming it one of the biggest projects of the region. Iran’s Ambassador to Pakistan Mehdi…

Iran-Netherlands Trade and Cultural Center was inaugurated in The Hague. On hand for the opening ceremony were Iran’s Ambassador to the Netherlands Alireza Jahangiri; deputy head of Iran Chamber…

Iran Chamber of Cooperatives and Taavon Insurance (Cooperative Insurance) Saturday signed an agreement, according to which the insurer will provide members of the chamber insurance coverage with…

The action plan of the Central Bank of Iran regarding the implementation of the Banking Overhaul Plan is premised on 10 key factors, said the vice-governor of the bank.

Eight months after the lifting of the sanctions, Iranian ships are gradually getting coverage from international P&I Clubs–a privilege denied during the sanctions years that hit many…

The Money and Credit Council, the highest policymaker in financial markets, has allowed Bank Maskan to offer regional housing loans in a bid to boost the long-stagnating housing market. MCC has…

Mouteh Gold Mine produced 117 kilograms of gold ingots during the first five months of the current Iranian year (March 20-August 21), indicating an 18% increase compared with last year’s…

Foreign investments in domestic securities market have increased 140% since the implementation of the nuclear deal to stand at 11,700 billion rials (about $329 million at market exchange rates…

Iran Mercantile Exchange recently published a report on the commodity exchange’s metals and minerals trade in 2015, outlining the causes of retreating prices and shrinking trade compared to the…

Tehran Stock Exchange’s main index shed 101.90 points or 0.13% to end Saturday trade at 76,640.3.

More than 520 million shares valued at $31.3 million changed hands for the day.

Irka…

France’s National Assembly President Claude Bartolone recently toured the facilities of Iranian carmaker Pars Khodro.  

“I’m confident that the cars, which will be produced at Pars…