Economy

Close to 144 million securities changed hands at Iran Fara Bourse on Tuesday trading, valued at more than $71.5 million, IFB public relations reported. The IFB recorded an almost flat trading day…

In a meeting between a high-ranking Italian trade delegation and Iran Mercantile Exchange (IME) officials, the two sides stressed on enhancing economic cooperation and export of Iranian…

The Iranian National Copper Industries Company (NICICO) extracted copper ore worth more than $12 million in the month ending on April 22, according to data released by the Iranian Mines and Mining…

The overall index was set to pile up considerable gains on Tuesday, however the fragile atmosphere at the TSE led to the TEDPIX pulling higher only 0.19 percent to kept hovering at 63,000-level…

Deputy minister of industry, mine and trade, Mohsen Salehinia, says the industry and mining sectors need 1,700 trillion rials (more than $59.5 billion based on official currency exchange rate)…

According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the mining companies affiliated to IMIDRO sold 9.46 trillion rials worth of iron ore last…

Apple Inc. was handed a mixed ruling by a US appeals court in the latest twist in a blockbuster intellectual property battle with Samsung, as a prior patent infringement verdict was upheld but a…

Sony has announced a new product that will put a Bluetooth speaker into your room in a way that you might not even notice the speaker is there.

The product has been unveiled in Japan…

Iranian researchers have conducted a study and developed a new set of products for sterilization of bedsores, using a new form of nanotechnology.

The ground is prepared for the establishment of a foreign exchange future market in the near future, head of the Securities and Exchange Organization of Iran (SEO) said, Iranico reported on Monday…

Mizan Credit Institution will be taken over by Bank Saderat, according to deputy governor of Khorasan Razavi, where the firm is based.

Mizan’s board of governors and executives were…

Head of the Manufacturing Cooperatives Union railed against high lending rates for manufacturers, saying that the extremely high rates are resulting in more foreign products flowing into the…

The Securities and Exchange organization has issued a permit for the underwriting of Tejarat Nou Insurance, Bourse Press news website reported.

The insurer is being established by two quasi…

Several unauthorized financial institutions have been taken to court for “defying the Central Bank of Iran”, Ali Tayebnia, minister of economic affairs and finance revealed on Monday.

The Central Bank of Iran eventually gave its approval to boost the ceiling of mortgage loans to 800 million rials ($24,000 at market rate) from 450 million rials ($14,000).

A five-member trade delegation from Serbia, headed by Serbian Prime Minister and Minister of Trade, Telecommunications and Tourism, Rasim Ljaji?, is in Tehran to hold talks on issues of…

Fruit imports are illegal, but one may wonder where all the exotic fruits in the market have come from, said the President of the National Union of Exporters of Agricultural Products, in an…

In recent years, there has been a growing trend among top entrance exam candidates as well as students in technical universities in Iran to shift to human science majors such as economics; as a…

The government is planning to export 10,000 metric tons of powdered milk to neighboring countries, head of Iran’s Animal Farmers Union, Saeed Soltani, told IRNA on Sunday.

Iran Aircraft Manufacturing Industrial Company (HESA) says it is domestically manufacturing a new civil aircraft with the capacity of 70 passengers, Mehr news agency reported.

Turkmen Ambassador to Tehran, Ahmad Qorbanov, expressed hope that the value of annual trade between Iran’s northern Golestan Province and Turkmenistan will reach $60 million by the end of this…

Data released by the Statistical Center of Iran (SCI) show that the producer price index (PPI) in the industrial sector reached 192.0 points in the past Iranian year (ended March 20), indicating a…

Jam Petrochemical Company and Maroun Petrochemical Company outperformed and left the most positive impact on the Iran Fara Bourse benchmark on Monday trading, IFB Public relations reported.

Last week, deputy minister of industry, mine, and trade Mehdi Karbasian informed the media that as many as 15 countries have made serious offers to invest in Iran’s mining and minerals sectors,…

Deputy minister of industry, mine, and trade Mehdi Karbasian says the administration is seeking to formulate policies to make the mining royalties and usufructs as transparent as possible,…