Finnish mining technology company Outotec is yet to decide on leaving the Iranian market, the company's Tehran office announced.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Emami gold coin gained 200,000 rials ($4.7) to trade at 20,640,000 rials ($491) in Tehran’s market on Monday.
The other benchmark, Azadi Gold Coin, increased by the same amount to 19,…
Majlis National Security and Foreign Policy Commission on Tuesday approved Iran's accession to the International Convention for the Suppression of the Financing of Terrorism, clearing the…
The government earmarked a total of $12.28 billion to all import of goods and services at the unified rate of 42,000 rials during the first 45 days since it unified the US dollar's dual exchange…
Isfahan City’s Municipality has issued the second batch of its participation bonds worth a total of 5 trillion rials ($119 million) for financing the construction of the city’s Subway Line-2,…
Institutional investors accounted for the lion’s share of trade at Tehran Stock Exchange during the second month of the current fiscal year (April 21-May 21).
Their trade comprised…
Tehran Stock Exchange’s main index TEDPIX gave up 153.10 points or 0.19% to close Tuesday trade at 80,109.3. Auto manufacturing companies and banks were the main laggards behind the benchmark.…
A total of 27,755 people were killed in road crashes in the fiscal 2005-6 whereas 15,932 road fatalities were reported in 2016-17, which suggests a significant decline of 42% over the past…
About 214,000 hectares of vegetable farms went under sapling cultivation in the last Iranian year (ended March 20, 2018), director general of the Forage and Vegetable Bureau with the Agriculture…
More than 265 tons of microphones and microphone stands worth close to 71.7 billion rials ($2.13 million) were imported from 15 countries in the last Iranian year (March 2017-18), figures…
Iran traded $431.15 million worth of non-oil goods with Turkmenistan in the last Iranian year (ended March 20, 2018), registering a decline of 25.57% compared with the year before to make…
Two border markets of Shoushmi in Paveh and Tilko at Sar-e-Pol Zahab, which were closed by Iraq following last year’s independence referendum vote in Iraqi Kurdistan region, will reopen within…
The northeastern province of Khorasan Razavi exported 472,000 tons of commodities valued at $345 million during the first two months of the current fiscal year (started March 21), registering an…
The restriction on the import of Iranian chicken by Afghanistan is to be lifted soon following negotiations between the two countries, the head of Iran Veterinary Organization said.
A fledgling Iranian startup named Attarmart based in the northeastern city of Mashhad is seeking to carve out a niche for itself in Iran’s herbs and spices market.
The startup’s name is…
Exploiting nanocellulose materials, researchers at Shiraz University have been working toward the enhancement of food packaging.
The Japanese Metropolitan Police Department (MPD) is considering the introduction of a crime prevention system that uses artificial intelligence and big data to predict when and where crimes…
France and Germany are pushing for an EU-wide initiative to fund innovation and research in tech startup projects across the bloc so that Europe can compete more effectively against the likes of…
Some 180,000 tons of cotton bolls were produced in Iran in the last fiscal year (March 2017-18), of which close to 60,000 tons of carded and refined cotton were made, the head of Cotton Project…
Iran imported 980 tons of cosmetics worth $11 million in the first month of the current fiscal year (March 21-April 20), registering a decline of 67.33% and 14.06% in tonnage and value…
Close to 13.27 million tons of oil and non-oil commodities were loaded and unloaded in Shahid Rajaee Port in the southern Hormozgan Province during the first two months of the current Iranian…
The Central Bank of Iran has removed pharmaceuticals from the list of essential items that receive subsidized foreign currency for imports, the head of the Iranian Pharmaceutical Importers…
Participants in the International North-South Transport Corridor Friendship Motor Rally are to be welcomed in Tehran on Tuesday by Iranian officials along with the Russian, Azeri and Indian…
Cigarette imports fell to zero over the first two months of the current Iranian year (March 21-May 21) compared with the import of 503 million cigarettes year-on-year, Ali Asghar Ramzi, the head…
Six newly-purchased Airbus air ambulances (BK 117-C2), all purchased after the lifting of nuclear-related sanctions, officially joined Iran’s Emergency Medical Services’ fleet, marking the…
