Economy

Iran’s flagship flat steel producer has taken control of one of the country’s largest mining investment companies and extended its reach in the industry.

By holding a 37% stake in Mines and…

The first application offering data on Iran’s capital market was released this week by Iran Financial Center. The Iran Financial Databank app is now available on IOS, Apple App Store, Google Play…

About 78,000 tons of fresh tea leaves worth 1.55 trillion rials ($41 million) have been purchased from farmers by the government at guaranteed prices, the head of Tea Organization of Iran said on…

Iran is planning to use drones to control road traffic as of the second half of the current Iranian year (starting Sept. 23).

“Traffic in parts of Iranian roads will be controlled by drone…

Egg exports from Iran have recently come to a halt, as the country is not able to conclude deals with foreign markets due to its high base prices, rendering the Iranian product uncompetitive in…

The ninth session of Iran-Vietnam Economic Commission was held in Tehran on Sunday. It was co-headed by Vietnamese Minister of Agriculture and Rural Development Nguyen Xuan Cuong and Iran’s…

About $650 million worth of goods were exported from Varamin County on the outskirts of Tehran Province in the last Iranian year (March 2016-17), registering a 10% increase compared to the year…

Women in Iran broke another glass ceiling on Sunday when Iran Air's first female Chief Executive Officer, Farzaneh Sharafbafi officially took charge of the country's flag carrier company. The…

Google Maps can now tell you when its best to leave for your destination with alternative journey times.  The new feature is only available for Maps users on Android, and it pops up when you…

A researcher at Mashhad University of Medical Sciences has produced a wrist device (actigraphy tracker) aimed at giving individuals a better understanding of their daily movements.

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The US Drone Racing League has set the Guinness World Record for fastest drone in the world, or the category of “fastest ground speed by a battery-powered remote-controlled quadcopter.”

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The boxy, electric bus bouncing along a road in a leafy university campus in Taiwan is fitted with special high-tech sensors, but it has no driver at the wheel.

When a student steps out in…

Agriculture Minister Mahmoud Hojjati held talks on boosting cooperation with his Vietnamese counterpart, Nguyen Xuan Cuong, in Tehran on Saturday.

The Iranian minister said the two…

A total of 516 kilometers of new rail tracks will be laid by the end of the current Iranian year (March 20, 2018), which will be an all-time record, Jabbarali Zakeri, the deputy head of…

Minister of Roads and Urban Development Abbas Akhoundi has pitched the idea of pursuing urban redevelopment as a serious issue in housing planning while advising the administration to distance…

After the US dollar reached its three-month high in Tehran’s market last Tuesday, the greenback’s rally ended and it lost against rial for four days in a row, changing hands for 37,820 rials on…

Iran’s Parsian Insurance Company and Rosgosstrakh-Armenia Insurance on Thursday signed an agreement to provide insurance coverage to Iranian and Armenian tourists.

Travelers can…

The Monetary and Banking Research Institute for Islamic Banking said troubled financial institutes may transition into legitimate banks. “By increasing their capital, these institutions can obtain…

In light of the importance of regulating fintech firms to prevent any problem in the monetary market, the Center for E-Commerce Development's deputy has announced that the Central Bank of Iran…

Tehran Stock Exchange’s main index gained 149.30 points or 0.19% to end Saturday trade at 79,658.9.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

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India’s long-running plan to upgrade and operate maritime facilities at Chabahar Port in Iran faces fresh delays after an initial bidding process to select a private operator for the…

Just as European corporation are making inroads into Iran’s market, investors are working their way to handle banking problems to break the ice in the post-sanctions era.

This is while…

Some 60 million tons of steel products were transported in Iran during the last Iranian year (March 2016-17). “The share of railroads from this amount was 20 million, that is one-third,” Saeed…

Iran’s wheat reserves currently stand at 12 million tons, 6 million tons of which belong to last year’s harvest, the head of the Agriculture Ministry’s Wheat Project said.

Markazi Province exported $2.4 million worth of ornamental fish in the last Iranian year (ended March 20, 2017) mainly to the UAE and Afghanistan, Ali Babaie, the head of Markazi Agricultural…