Economy

The global average aluminum consumption growth stands at 6% per year while the rate is 12% in Iran, according to Chairman of Iranian Mines and Mining Industries Development and Renovation…

Terminal 2 of Larestan International Airport located near the city of Lar in Fars Province's Larestan County was inaugurated on Tuesday, the Ministry of Roads and Urban Development's news…

Share trading on Wednesday started with a bang, as Tehran Stock Exchange’s main index made a 6,000-point jump in the first hour of the trading day alone, exceeding 155,000 points by the end of…

More than 18,285 tons of commodities were exported from Iran to Pakistan via Zahedan-Quetta Railroad connecting the two countries during the first five months of the current Iranian year (March…

Close to 39.14 billion rials ($936,843) worth of sunglasses were imported into Iran during the first four months of the current Iranian year (March 21-July 22), figures released by the Islamic…

Iran imported 42,925 tons of frozen beef worth $183.18 million during the first five months of the current fiscal year (March 21-Aug. 22) to register a 3.93% and 6.78% growth in tonnage and…

Iran traded 4.71 million tons of non-oil commodities worth $2.18 billion with India during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 12.19% and 10.67…

Iranian small-sized ships will now enjoy services at Al Suwaiq Port in northeast Oman, Chairman of Iran-Oman Chamber of Commerce Mohsen Zarrabi said. 

After three years of…

Tax revenues account for 40% of the government’s public budget, the head of Iranian National Tax Administration said. 

In a statement published on SAIPA-Citroen’s website, the joint venture between the French automotive firm and its Iranian partner once again reassured customers that the presold C3 cars will be…

In a bid to expand its market and hoping to gain a competitive edge in Iran’s saturated transportation sector, one of the country’s leading startups, Tap30 has introduced a real-time ride-…

Volvo Cars and its Chinese owner Geely have postponed plans to float shares in the Swedish carmaker, blaming trade tensions and a downturn in automotive stocks. But while Volvo’s plans for a…

One of Tesla’s biggest advocates is giving up on his positive view of the carmaker’s stock because of CEO Elon Musk’s controversial behavior.

Nomura Instinet lowered its rating to…

Governor of the Central Bank of Iran Abdolnasser Hemmati late Monday met with chief executives of banks and credit institutions to evaluate the country’s monetary and banking developments and…

Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at…

Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Board of Representatives convened on Tuesday to discuss the latest status of the economy, particularly the anguish…

Tehran Stock Exchange’s main index gained 1,578.89 points or 1.07% on Tuesday to end trading at 148,577.6.

About 3.62 billion shares valued at $89.32 million changed hands at TSE for the…

The ban on kiwi export until October 23 has been notified to all provincial agricultural jihad organizations across the country by the director general of Agriculture Ministry’s Quarantine…

The restructuring and changes in the management of the Ministry of Economic Affairs and Finance and the Central Bank of Iran have provided the opportunity to expand the capital market, vice…

Essential goods, including rice, meat, chicken, sugar and sugar cubes, to name a few, are banned from leaving Bashmaq border crossing in Kurdestan Province’s Marivan County bordering Iraq as of…

The competitive ceiling for steel prices on the Iranian Mercantile Exchange is to be removed, according to a letter written by Deputy Industries Minister Jafar Sarqeini wrote to Hamed…

The 14th Iran International Water and Wastewater Exhibition, also known as WATEX 2018, has been scheduled to open at Tehran International Fairground on October 3, according to the event’s…

The government earned 2.5 trillion rials ($20.66 million) from cigarette tax in the first four months of the current fiscal year (March 21-July 22). The figure indicates a rise of 42.9% compared…

President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari said as many as 139,000 containers holding 7 million tons of goods have piled up at Iranian ports of…

The Plan and Budget Organization of Iran has agreed to allocate 4 trillion rials (close to $33 million) for completing the 8.5 kilometers left of Qazvin-Rasht Highway Project, a deputy minister…