Economy

Two iron ore processing plants were inaugurated on Sunday in a ceremony attended by President Hassan Rouhani and Minister of Industries, Mining and Trade Mohammad Shariatmadari.

The…

Tea processing factories have bought about 9,700 tons of fresh tea leaves worth 260 billion rials (more than $6.19 million) from farmers in northern Iran following the spring harvest of the crop…

Securities and Exchange Organization of Iran, which has lately joined IOSCO, the regulatory body of Iranian capital market, made an announcement on April 18 regarding asset management companies…

Public institutions were meant to enter a “glass room”, a proverbial room where everything was transparent: budget figures, executive salaries and contracts. 

This was a pledge…

More than 2,779 tons of flasks worth close to 3 billion rials ($6.21 million) were imported in the last Iranian year (March 2017-18), according to data released by the Islamic Republic of Iran…

Iran traded $1.03 billion worth of non-oil goods with Russia in the last Iranian year (ended March 20, 2018), which is 42.14% less compared to the year before, making Russia the 18th biggest…

As per a judicial order, Iranian popular Android market Cafe Bazaar has removed Telegram messaging app from its services.

In order to commercialize homegrown industries and build a bridge between investors and technology-related firms, a business forum will be held in Tehran by Iran’s Chamber of Commerce,…

An Iranian-led team of researchers from the University of Toronto have developed a handheld 3D skin printer that can apply layers of skin tissue directly onto patients to cover and heal wounds…

Donya-e-Eqtesad Media Group, the Financial Tribune's parent company, is planning to hold a conference on Iran's non-ferrous metals industries by late August, encompassing sectors such as copper…

The Central Insurance of Iran, the industry’s regulator, welcomes offers by Iranian insurers to provide coverage against cyber assaults, CII’s president said.

Capital Intelligence Ratings (CI Ratings), the international credit rating agency, said Iran’s current account surplus is expected to have increased to 4.5% of GDP in 2017, which was 4% in 2016…

Emami gold coin in Tehran market rose significantly on Saturday to mark its biggest gain since March 21. According to Tehran Gold and Jewelry Union's website, the coin gained 160,500 rials ($4),…

Over 87% of Iranian mines lack standard safety, health and environmental facilities, according to an official report published by the Ministry of Cooperatives, Labor and Social Welfare.…

Most share prices have dropped to record lows, but fears of US sanctions snapping back and a discontent with foreign exchange rates seem to keep traders rooted in place.

Currently, a…

Publicly-traded companies on Tehran Stock Exchange and Iran Fara Bourse had a total of 9.6 trillion rials ($237.3 million) added to their share capitals during the first month of the current…

Tehran Stock Exchange reopened 39 frozen stock tickers and barred 29 others from trade during the first month of the current fiscal year (March 21-April 20), according to the latest TSE data.…

Iranian Tobacco Company has signed a memorandum of understanding with Pishgaman Pakhsh Arman Gostar Company as the representative of Philip Morris International to import and jointly produce…

Tehran Stock Exchange’s main index lost 511.43 points or 0.55% on Saturday compared to the day before to end trade at 93,100.7.

About 3.6 billion shares valued at $239.66 million changed…

More than 1.15 million tons of seafood were produced in Iran during the last Iranian year (March 2017-18), indicating a 5.5% increase compared with the year before, a deputy agriculture minister…

Iran and the Netherlands signed two memoranda of understanding during the second meeting of the joint agriculture commission that ended in The Hague on Friday.

The meeting was held in…

The average Producer Price Index in the 12 months ending April 20, which marks the end of the Iranian month of Farvardin, increased by 10.8% compared with last year’s corresponding period,…

Khatam al-Anbiya Construction Headquarters, an Iranian engineering company affiliated to the Iranian Revolutionary Guards Corps, will operationalize 40 major development projects worth 1,180…

Iran traded $1.09 billion worth of non-oil goods with Japan in the last Iranian year (ended March 20, 2018), 35.15% less compared to the year before, making the East Asian country Iran’s 16th…

Official figures by the Ministry of Cooperatives, Labor and Social Welfare show that a total of 220,533 people received unemployment benefits last year (March 2017-18), registering a 2.4%…