The Iranian Cabinet permitted, in its Sept. 5 session, the import of medical equipment that have locally-manufactured counterparts due to the special condition of the country. Such imports must…
Economy
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Iran traded 6.39 million tons of non-oil commodities worth $3.43 billion with Iraq during the first five months of the current fiscal year (March 21-Aug. 22). This marks a 16.32% and 28.2%…
The government’s recent ban on exports of certain products, including tea, oilseeds, palm oil, sugar, milk powder, baby formula, butter and meat, is aimed at regulating the domestic market and…
Exports of Iran’s industrial sector, excluding crude oil, hit 26.74 million tons worth $17.91 billion during the first three months of the current Iranian year (March 21-June 21).
This…
China’s car sales fell for a third straight month as an intensifying trade dispute with the US and slowing economic growth are threatening to end the vehicle market’s almost three-decade…
Plans for a deal under which Russia and Kazakhstan are to supply wheat to Iran have stalled as “no progress” has been made in its financing, the secretary-general of Iran Federation of Food…
More than 225,000 Afghans have been voluntarily or legally repatriated from Iran in the past nine months through Islam Qala crossing into Afghanistan, an Afghan official said on Saturday.
Tehran Chamber of Commerce, Industries, Mines and Agriculture plans to hold two specialized business courses on advanced marketing management and rule of innovation in business, the chamber’s…
Tehran Stock Exchange’s main index gained 2,605.74 points or 1.87% on Sunday to end trading at 142,234.4.
About 3.56 billion shares valued at $69.74 million changed hands at TSE for the…
Trading at Tehran Stock Exchange has seesawed in the past few weeks.
While the main index TEDPIX surpassed 140,000 two weeks ago to set a historic record, the days that followed…
As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to…
The past year has been especially difficult for Iranians working or studying in China due to financial issues, but new bank-related challenges seem to have arisen for Iranian citizens conducting…
Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments,…
As Iran's October deadline to complete the Action Plan set forth by the Financial Action Task Force draws near, lawmakers are renewing efforts to pass the related bills sent by the government…
More than 209,650 tons of banana worth over $200 million were imported into Iran during the first five months of the current fiscal year (March 21-Aug. 22).
This shows a 28.49% and 11.41…
More than 113,000 tons of glassware were produced in the first three months of the current Iranian year (March 21-June 21), registering an increase of 15.9% compared with last year’s…
Of the 80,000 licensed production units in Iran, 68,000 or 85% are operating, a deputy minister of industries, mining and trade said.
“About 90% of the production units are small, 6% are…
The agricultural mechanization coefficient in Iran currently stands at its highest of 1.65 horsepower per hectare.
The coefficient is expected to increase to 2.1 hp/ha by the end of the…
Iran traded 9.48 million tons of non-oil commodities worth $6.16 billion with the UAE during the first five months of the current fiscal year (March 21-Aug. 22), registering a 2.08% and 3.39%…
The closure of Khorramshahr-Basra passenger shipping line is not related to recent conflicts in the Iraqi city, the deputy head of Ports and Maritime Organization said.
Hadi Haqshenas…
Iran Post CEO Hossein Nemati attended the Universal Postal Union Second Extraordinary Congress to vote on the proposed reforms to the structure of the organization.
Held from September 3…
A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed US tariffs on Chinese goods, the company told US trade officials, but gave no sign of an impact on…
Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut…
A part of banking hurdles facing Iranian citizens in South Korea have been resolved, as Woori Bank officials reassured that they are ready to “offer all banking services” to Iranian citizens…
Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its…