Economy

What the automotive landscape will look like in 2030 and beyond is a mystery—but that does not mean designers are not thinking about it.

The Iranian Mines and Mining Industries Development and Renovation Organization and its affiliated companies have invested more than 16.3 trillion rials ($563 million at official exchange rate) to…

Based on a memorandum of understanding (MoU) between the Ministry of Roads And Urban Development and Imam Reza Mehr Fund along with Cooperative Investment Guarantee Fund, 1.2 trillion rials ($41…

The National Iranian Oil Company will sell bonds to finance its projects, said its chief executive on Tuesday.

To finance expansion plans in the oil industry, 50 trillion rials ($1.7…

The Iranian government will issue Islamic bonds in the near future to help repay its debt to banks, Ali Akbar Komijani, deputy governor of the Central Bank of Iran, said on Friday.

Pundits and economic officials, who convened for the second and the final day of the 25th annual Conference on Monetary and Exchange Rate Policies in Tehran, made a last-ditch effort to voice…

Money supply growth slowed down to 20-22 percent from 31 percent during the current administration, Peyman Ghorbani, vice governor of the Central Bank of Iran, said on Friday. Further defending…

Around 292,000 tons of commodities were offered on Iran Mercantile Exchange’s different trading floors on Tuesday, IME reported.

Students from the Islamic Azad University of Abhar in the northwestern Zanjan Province have developed a special type of nano cement, used for the production of ultra-high performance concrete,…

Close to 80 million securities changed hands at Iran Fara Bourse’s secondary market during the week that ended June 2, valued at a total of about $8 million to record a 112-percent surge in trade…

Prevailing concerns over the sluggish economy were accompanied by a fresh downbeat performance at Tehran Stock Exchange, with TSE benchmark piling up more losses to record a third consecutive…

The northwestern East Azarbaijan Province is the third biggest steel producer in Iran after Isfahan and Khuzestan, according to the provincial Industry, Mine, and Trade Organization.

Imports are almost nonexistent in Iran’s ice cream market, due mainly to the availability of domestic products in a variety of flavors and forms, suggests a report by Persian economic daily Forsat…

A significant difference between fuel prices in Iran and those in its neighboring countries have turned fuel smuggling into a lucrative business. Even the government’s anti-smuggling regulations…

It is estimated that about 11 million tons of wheat will be produced by the end of the current Iranian year (March 19, 2016), an advisor to agriculture minister, Esmaeil Esfandiar-Pour, said on…

More than 227,000 tons of commodities valued at $82 million were exported through the southeastern Sistan-Baluchestan Province’s customs offices during the first two months of the current Iranian…

Due to the ongoing downturn in the home appliance market, it is now the best time to buy, said head of Home Appliance Sellers Union, Mohammad Tahanpour on Friday. “So far this [Iranian] year,…

A group of senior administrative and transportation officials from China's Guangdong Province visited the port city of Bandar Abbas in the southern Hormozgan Province on Monday to review…

The Trade Promotion Organization of Iran and the Islamic Republic of Iran Shipping Lines will sign an agreement to establish three new shipping lines in the Caspian Sea on Saturday, ISNA reported…

In a sign that the market for wearable devices remains nascent, China’s Xiaomi has risen from nowhere to become the industry’s second largest company responsible for one-quarter of all shipments…

Hackers broke into US government computers, possibly compromising the personal data of four million current and former federal employees. Investigators were probing whether the culprits were based…

An Iranian university team is qualified to attend an international robotics competition in Canada, IRNA reported on Tuesday.

Islamic Azad University of Qazvin's underwater robotics team is…

Tech giant Apple said it would start selling some models of its watch at its retail stores this month, and also roll out the gadget in seven more countries, Reuters reported on Thursday. The watch…

With the fourth largest proven oil reserves in the world, Iran's economic policies have become subservient to its oil revenues, stifling growth and productivity in other sectors of the economy – a…

The launch of the first online banking encyclopedia titled Wiki Mabnaa was announced during a monetary conference in Tehran. As a free volunteer-edited and specialized encyclopedia in the field of…