Economy

Reports suggest that the planned merger of two lenders, namely Mehr Eqtesad Bank and Samen Credit Institution, with Ansar Bank will take place in the coming days. According to ISNA, Samen and…

Egg imports have come to a halt following the rise in domestic production and the return of supply-demand balance in Iran, secretary-general of Iran’s Union of Producers of Egg-Laying Hen said…

Iran traded $1.15 billion worth of non-oil goods with the UK during the last Iranian year (ended March 20, 2018), 153.82% more compared to the year before, making the European country Iran’s…

Production units in Alborz Province’s industrial estates and zones exported a total of $100 million worth of goods during the last fiscal year (ended March 20, 2018), according to the managing…

Producer Price Index for the industrial sector in the four quarters ending March 20, 2018, which marks the end of winter, increased by 15.5% compared with the same period of last year, according…

Most Iranian breadwinners are working in the private sector, even though those engaged in the public sector work tend to earn more and are placed in higher income deciles.

Tehran Stock Exchange’s main index gained 0.04 points on Tuesday compared to the day before to end trade at 93,612.1.

About 625 million shares valued at $35.42 million changed hands at…

In market disruptions, one’s loss is usually another’s gain. This was particularly true for the aluminum market in April.

Carnage was unleashed on April 6 by the imposition of United…

In Iran, export prices for steel billet remained unchanged in the week that ended April 25, as buying activity slowed.

Prices in most global markets either held steady or…

Iran’s auto parts import bill for the first month of the current fiscal which started on March 21 has come in with the total value of the goods standing at $192 million.

Researchers at Dutch firm Computest have disclosed multiple vulnerabilities in the infotainment system of some Volkswagen and Audi models, allowing them to remotely access the system and…

A ruling issued on Monday will make it more difficult for employers in the Golden State to treat their workers as independent contractors, who do not enjoy many of the rights employees do, such…

The governor of the Central Bank of Iran has decried analyses linking the recent volatility in the foreign exchange market to past woes besetting the banking system. 

A permanent currency commission has been set up by Iran Chamber of Commerce, Industries, Mines and Agriculture to address challenges facing the private sector in the wake of recent foreign…

More than 154 tons of wigs, fake beards and false eyelashes worth close to 31.1 billion rials ($907,647) were imported into Iran during the last Iranian year (March 2017-18), figures released by…

Some 400,000 mulberry saplings, produced through selective breeding, will be distributed free of charge among silk farmers during the current Iranian year that started on March 21, the head of…

An exclusive exhibition of Iranian products and services has been scheduled to be held in the Iraqi city of Basra from May 8 to 14.

Iran traded $1.52 billion worth of non-oil goods with the Netherlands in the last Iranian year (ended March 20, 2018), which was 66.15% more compared to the year before, making the European…

More than $415 million worth of commodities were exported from the southeastern Sistan-Baluchestan Province during the last Iranian year (March 2017-18), the head of Sistan-Baluchestan…

Pakistan’s Federal Commerce Minister Pervaiz Malik is hopeful that with the opening up of formal banking channels in the near future, trade with Iran can reach as high as $2 billion.

The 14th International Exhibition of Stone, Quarries & Related Industries opened in Isfahan Province on Monday. The five-day event will witness local and foreign companies showcase their…

Companies listed on Tehran's equity market had an average free float of slightly over 20% in the last fiscal year (March 2017-18), according to the latest market data released by Securities and…

A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5.

The sale comprises 3.04 billion shares with a…

Chicken is the most consumed meat in Iran and with a chicken and egg output of over 3 million tons per year, the industry has played an important role in the country’s food security. 

Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s…