Economy

Projects worth $330 million have been identified in Iran’s central Markazi Province for foreign investment in the current Iranian year (March 2017-18), the director general of Markazi Economic…

As much as 470 trillion rials ($12.5 billion) have been invested in the rail sector since August 2013 when President Hassan Rouhani took office, a deputy roads and urban development minister said…

The final price of Peugeot 2008 still remains vague as Deputy Minister of Industries, Mining and Trade Mohsen Salehinia dismissed speculations, saying no final price has been “officially”…

Iran Khodro Group, the largest automaker in the country, says it registered 8% growth y/y in the first quarter of the current fiscal year (March 21- June 21).

A report by the company stated…

Urmia, the largest city in West Azarbaijan Province, is set to host an exhibition of vehicles and auto parts from July 4-7, said the manager of expos in the city, Alireza Ajezi.

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Volkswagen has announced it will cooperate with American chipmaker Nvidia on new deep learning technology that may be used inside the carmaker’s future vehicles. “Artificial intelligence is the…

German Economy and Energy Minister Brigitte Zypries said Euler Hermes–a leading provider of trade credit insurance–is interested in covering investments in Iran, especially in energy and…

The share of uncertified financial institutions in the Iranian market significantly shrunk in the first four years of President Hassan Rouhani’s term, as government policies to organize the…

The Royal Norwegian Embassy in Tehran has denied a recent report suggesting that Iran’s Tejarat Bank is to open a branch in the Nordic country.

The Economy Ministry has issued a statement through its anti-money laundering division, providing a mixed reaction to the recent verdict of the Financial Action Task Force concerning Iran.

Six European gas transmission operators have warned the European Commission that talks with Russia over the Nord Stream 2 gas pipeline project could create legal uncertainty for future pipeline…

Tehran Stock Exchange’s main index gained 12.82 points or 0.02% to end Sunday trade at 78,665.50.

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

Sefid Dasht Steel Complex produced 62,214 tons of direct-reduced iron during the first three months of the current Iranian year (March 21-June 21), the deputy head of the company, Jamshid…

Iranian steelmakers produced 6.77 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21), indicating a 13.3% growth…

The Ministry of Industries, Mining and Trade plans to export $23 billion worth of chemical and cellulose products in the current Iranian year (March 2017-18), an official with the ministry said.…

Rail passengers are entitled to claim a full refund for a delay of over four hours for trains running from Tehran to Isfahan, Sari and Shahroud or a delay of over five hours for trips from Tehran…

Iran exported about $89 million worth of goods to Lebanon in the last fiscal year (March 2016-17), up from $83 million the year before, the deputy head of Trade Promotion Organization of Iran in…

Deputy Minister of Roads and Urban Development Mohammad Saeednejad said plans are underway to increase the capacity of Iranian ports to 250 million tons per annum in the next four years.

Iran is ready to make tariff concessions on a wide range of agricultural products, excluding wheat, refined oil, mineral water and cigarettes, within a free trade zone with the Eurasian Economic…

The Ministry of Economic Affairs and Finance has identified 59 most “appropriate” trading partners for Iran to achieve export-oriented growth. 

Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.

Colza production is estimated to reach 200,000 tons in the current Iranian year (March 2017-18) and register a threefold increase compared with the previous year, a deputy agriculture minister…

Indonesia Investment Coordinating Board has reported that Iranian companies and traders have embarked on 25 investment projects valued at $25.6 million in Indonesia during 2016-17, a senior trade…

Iran’s major ride-hailing companies have started expanding their range of services, each offering something “genuine” in the unending hunt for a bigger share of the pie.

A new startup ‘Yadease’ (meaning to learn easily) has launched a service that delivers a learning method to students or others who need to memorize something.

The app, which is supported by…