Economy

While there is ample evidence that banks play favorites when it comes to granting loans to customers, this may not fully explain the scarcity of loans for most applicants in desperate need of…

About 10,000 billion rials (about $360 million based on the official exchange rate) has been allocated to support the agriculture sector, ISNA quoted Agriculture Minister Mahmoud Hojati as saying…

In a meeting held in the Russian capital Moscow, Iranian and Russian foreign ministry officials have finalized a consular cooperation treaty in a bid to expand bilateral relations pertaining to…

The east-central Kerman Province accounts for about 50 percent of Iran’s date exports, IRNA quoted head of Karman’s Date Association, Mohesen Rashidfarrokhi, as saying.

Years of sanctions imposed on Iran over its nuclear energy program have restricted the country’s trade with the international community.

Although imports from India have experienced ups and downs over the past four years, exports to the country have remained more or less the same.

With an average $2.4 billion, India comes…

In its latest report on the global economic outlook in 2015-2016, the United Nations has predicted the inflation rate in Iran to reach 14% by the end of 2015, and 12% by the end of 2016. The…

Iranian and Afghan officials have signed a memorandum of understanding  on road cooperation to facilitate transportation between the two neighboring countries.  The deal was signed by…

According to the head of the Iranian Mining Engineering Organization, more than 80% of mines with more than 25 workers lack independent safety officers, which is in violation of safety regulations…

The country's biggest glass production line was inaugurated by President Hassan Rouhani in the northwestern industrial city of Tabriz on Thursday, IRNA reported.

 More than 3,743 million securities changed hands worth around $807 million at Iran Fara Bourse during the month that ended May 21, IFB public relations reported.

While only €14 million out of the €1.8-billion finance pledged by China has so far been injected into the major national steel plants, known as the Seven Provincial Steel Projects, many experts…

More than 512,300 metric tons of commodities valued at about $211 million were traded at the Iran Mercantile Exchange’s spot market in the week ended May 20, indicating nearly 36% and 23% increase…

The Tehran Stock Exchange overall index wrapped up the week after a bumpy ride with tiny gains, however, intensifying tensions in the region, ambiguities sorrounding the lingering sanctions over…

The assistant director-general of the United Nations Educational, Scientific and Cultural Organization (UNESCO) said earlier this week that she has always admired the advances Iran has made in…

South Korean flat panel maker LG Display Co. showcased on Tuesday a detachable organic light-emitting diode (OLED) panel that sticks to the wall, renewing its pledge to focus on the high-end…

Line, the Japanese messaging app with 205 million active users, is continuing its push into entertainment services after it began testing a standalone $2 per month music streaming app,…

LG, South Korea's second largest electronics manufacturer, has announced it will tie up with Arman Hamrah Aryan Company in Tehran for distribution of their electronic devices inside the country,…

Establishing investment funds can pave the way for an array of new leasing bonds, the use of which is gaining in popularity in the capital market compared with other methods of funding, SENA…

According to Minister of Cooperatives, Labor, and Social Welfare, Ali Rabi'ie, last Iranian calendar year (ended March 20), mining accidents decreased by 40% compared to the previous year, IRNA…

Stocks waxed and waned on Wednesday, with indices swinging between gains and losses, however the bumpy ride at the Tehran Stock Exchange was accompanied by the benchmark settling in green.

Golgohar Mining and Industrial Company offered 100,000 tons of granulated iron ore, priced at $33 per metric ton, on the Iran Mercantile Exchange export trading floor on Wednesday.

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The agriculture sector is constantly looking for innovative and modern techniques to increase crop efficiency and produce high quality and safe food, feed, and fiber at affordable prices. Recently…

Deputy minister of industry, mine, and trade, Mohsen Salehinia, says the cement sector is to increase the annual production to 90 million metric tons this Iranian calendar year (started March 21…

Iranian lawmakers have passed an interest-free motion that would further regulate banking and monetary operations, IRNA reported on Wednesday. “The banking and monetary operations should be…