Economy

Close to 284 tons of different kinds of shrimps worth more than 3.8 billion rials (over $1 million) were exported during the first month of the current Iranian year (started March 21), the Islamic…

Each Iranian consumes 15-20 liters of bottled water per year on average, considerably low compared with the neighboring countries.

In Turkey, for instance, per capita consumption stands at…

Chairman of Iran’s Trade Promotion Organization Mojtaba Khosrotaj is scheduled to visit Kenya at the head of a commercial, marketing and investment delegation from July 4 to 7, director general of…

Services exported in the last Iranian year (ended March 20, 2017) stood at $13.28 billion, registering a 1.3% decline compared with the previous year, Trade Promotion Organization of Iran…

Iran exported 147,000 tons of tomato paste worth $203 million during the last Iranian year (March 2016-17), up by 1% and 24.5% in value and volume respectively compared with the year before, Trade…

Tehran Stock Exchange’s main index shed 13.70 points or 0.02% to end Sunday trade at 78,205.1.

More than 1.1 billion shares valued at $70.6 million changed hands for the day.

Iran…

India’s National Aluminium Company Ltd., otherwise known as NALCO has put all its overseas projects on hold, including one in Iran, to focus on expanding domestic capacity, its chairman has said…

Major Iranian steelmakers exported 571,888 tons of semi-finished and finished steel products in the second month of the current Iranian year (April 21-May 21), registering a 24% drop compared with…

Iran’s trade with China, which had been registering deficits over the last decade, marked a turning point in the first quarter of 2017.

Iranian exports to its top trade partner saw a sharp…

At the helm of a commercial delegation, President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will head for Croatia on July 4 for a four-day visit, ICCIMA’s…

Apple Inc. is set to release an authentic Persian keyboard in its forthcoming upgrade for its operating system, iOS11, the American firm announced on Tuesday at its latest gathering called…

The CEO of Telecommunications Company of Iran (TCI) which works alongside Iran’s largest mobile operator, Mobile Communications Company of Iran (MCI), said both companies “have met all their…

Mostafa Meisami has given up on farming life, trading his old job raising cattle for a better-paying gig ferrying commuters through the notoriously clogged streets of the Iranian capital.

A regional workshop on Internet of Things (IoT) will be held at Iran’s Faculty of Information and Communications Technology in Tehran on July 8, according to local media outlets.

The…

Bank Refah Kargaran has launched the pilot phase of its mobile-based payment service in collaboration with one of the major mobile operators, RighTel.

The Planning and Budget Organization is set to finance Social Housing Scheme by injecting 1.6 trillion rials ($42 million), the head of Housing Foundation of Islamic Revolution announced.”This aid…

The construction of remaining units of Mehr Housing Project in the Iranian capital will be completed by the end of the current fiscal year (March 20, 2018), announced the director of housing and…

Recent improvements in the Iranian banking system such as the adoption of Financial Action Task Force regulations, positive forecasts by the International Monetary Fund and the gradual…

The government’s new tax bill–sent to the parliament in March–to enlarge the value added tax exemption list to include insurance firms and foreign banks’ services has now been taken up by the…

Even though a handful of Iranian banks are fighting formidable challenges, including unhealthy balance sheets and thin capital cushions, they are not facing any existential threats, said a Central…

Domestic demand for raw vegetable oil stands at about 1.5 million tons per year, the manager of Oilseeds Project carried out by the Ministry of Agriculture said.

Iranian Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said on Wednesday 60,000 people have enrolled in the state-run Internship Action Plan.

"The ministry aims to create 150…

The Cabinet has approved the issuance of 100 trillion rials ($2.67 billion) worth of securities to finance government projects. The decision was made in a Wednesday Cabinet meeting led by…

A high-ranking delegation from Malaysia will visit Tehran within a month. This was announced by Malaysian Ambassador to Iran Rustam bin Yahaya in a meeting with Iran Chamber of Commerce,…

Tehran Stock Exchange’s main index lost 224.39 points or 0.27% to end Saturday trade at 80,228.9.

About 440 million shares valued at $30.17 million changed hands for the day.

Pars…