Economy

The government is thinking of splitting up three ministries.  

The pursuit of transition to a knowledge economy in the context of low foreign direct investment is one of the main challenges facing President Hassan Rouhani since his reelection on May 19, 2017…

Iran’s biggest holding in the mining sector, the state-owned Iranian Mines and Mining Industries Development and Renovation Organization has received ISO 9001:2008 from the Germany-based DQS…

Minister of Telecommunications and Information Technology Mahmoud Vaezi says the ministry has come to an understanding over banning controversial content with managers of Telegram Messenger, the…

Mobile Virtual Network Operator ApTel, owned by the telecoms company NeginTel, has started sale of SIM cards in Iran. It is one of the first companies among more than 20 firms which had announced…

Chinese authorities say they have uncovered a massive underground operation involving the sale of Apple users’ personal data.

Twenty-two people have been detained on suspicion of infringing…

The third largest mobile operator and the country’s first 3G network, RighTel, said Wednesday it has come up with new packages for those who use its services while travelling.

The company…

Domestic production in Iran is highly subsidized by the state, which is borne out by the fact that the country is not a member of World Trade Organization and the significantly high tariffs it…

Parliament Speaker Ali Larijani has called on Majlis Article 90 Commission, which handles complaints, to follow up the case of two credit institutions.  

Larijani ordered a probe into…

A Central Bank of Iran official has denied any downside resulting from the country's decision to ditch the US dollar in its official statements, saying the minor role of the greenback in Iran's…

The difficulty in transferring foreign exchange belonging to Iranian petrochemical companies from China has nothing to do with banking problems, the Central Bank of Ira’s governor said. “…

Iranians are the second biggest consumers of bread in the world with a per capita of 160 kilograms per person, which is six times higher than the global average.

Outdated retail shops and basic foods such as rice, milk, cheese and edible oil remind most Iranians of cooperatives, since these foods were distributed in the market through cooperatives retail…

The Sixth International Exhibition of Pipes, Fittings, Machinery, Equipment, Valves, Filters and Pumps is scheduled to be held from July 4 to 7 at Shahr-e-Aftab (Sun City) Exhibition Complex in…

The Ministry of Industries, Mining and Trade is planning to send a trade delegation to conduct a market survey in Qatar, amid the recent rift between Doha and four Arab states, namely Saudi Arabia…

About $512 million worth of seafood and seafood products were exported in the last Iranian year that ended on March 20, the head of Iran Fisheries Organization said. “Close to $412 million worth…

Coal transportation through the railroads managed by Islamic Republic of Iran Railways’ Sharq (East) Department topped 51,000 tons in the Iranian month to May 21, up 51% compared with the…

A commercial and industrial delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to visit Belgium and Luxembourg from July 11 to 14.

The chamber’s…

Major Iranian mining companies produced 56.44 million tons of mineral products during the first two months of the current fiscal year (started March 21), registering a 9% growth compared with…

Trading in animals and birds is lucrative for smugglers across the world and Iran is no exception.

Tehran Stock Exchange’s main index lost 535 points or 0.67% to end Wednesday trade at 79,758.5.

TEDPIX’s freefall started at around 10:55 a.m., when two terrorist attacks hit the capital—…

Russia’s biggest auto manufacturer AvtoVAZ and the state tech corporation Rostec plan to build flying vehicles, according to AvtoVAZ boss Nicolas Moore. The “promising project” could come to…

After local media frenzy over the official launch of the production line of Peugeot 2008 by Iran Khodro, data released by the Ministry of Industries, Mining and Trade indicate that during the…

There is an overall “geographical dispersion” in the automotive industry, but the distance between Iranian automakers and parts suppliers raises the question whether the distribution is logical or…

Bam Khodro will start the presale of GC6 from June 10 putting it under the category of high-quality affordable cars, according to automotive website Persian Khodro. The car should be available for…