Economy

Negotiations are underway to export chicken to Iraq and several countries in the Persian Gulf region, the head of Broiler Breeders Union said.

Exports took a hit after an outbreak of avian…

A French delegation representing a wide range of sectors, including food, livestock, poultry and seafood is scheduled to pay a visit to Iran Chamber of Commerce, Industries, Mines and Agriculture…

Trade between Iran and Pakistan rose 35% in the last Iranian year (ended March 20, 2017) compared to the preceding year to stand at $1.15 billion. Iran’s exports to Pakistan, mainly including gas…

The stock market acts like the economy’s barometer. From a slight movement in a company’s balance sheet to international stimuli, it detects and reacts to them all, whether they are already in…

Iran has become the latest market for Indian mango exports. The Maharashtra State Agriculture Marketing Board has readied four hot water treatment facilities for shipment to Iran market and some…

“Which country said ‘no’ to a referendum on giving cash handouts? Norway? Switzerland? Iran?”

“Remember when we envied Swiss rejection of dole-for-all last year? Now you can stand tall and…

The share of mechanized rice farming has risen from 12.5% to 80% over the past four years, as the number of rice combines in Iran’s paddy fields has risen from 1,000 to 5,600 during the period.

Kenya was Iran’s 15th biggest trade partner in the first month of the current Iranian year (March 21-April 20), Iran’s commercial attache to the African country said, without mentioning the amount…

A memorandum of understanding was signed between Iran’s Bon Rail Company, a rail passenger transport firm affiliated with Iran’s Mostazafan Foundation, and German rail company Deutsche Bahn AG on…

BMW said its annual production capacity in China will reach 450,000 vehicles, 144,274 more than last year’s output, once an investment plan to upgrade its local factories is completed.

Aston Martin may consider an initial public offering (IPO or stock market launch) as early as next year as the British automaker seeks to capitalize on the success of the Italian Ferrari’s listing…

The second largest automaker in Iran, SAIPA (Société Anonyme Iranienne de Production Automobile), has started exporting cars to Guinea in West Africa.

According to the firm’s export manager…

The Chinese JAC S3 small sports utility vehicle is currently being test driven by Kerman Motor technicians, according to a local media report. JAC S3 is the “little brother” of the already…

Bilateral trade between Iran and Italy in the first three months of 2017 stood at €1.2 billion, making Italy the biggest trading partner of Iran in the European Union over the period, IRNA…

Belarus’s Deputy Transport and Communications Minister Alexander Shishko said Belarus has been invited to set up a joint economic commission with Iran.

Shishko was speaking during the…

Iran’s first-ever lactic butter production line with a production capacity of 7,000 tons a year was launched in Tehran on Thursday. More than $15 million have been invested in the project, Mehr…

The second round of negotiations between Pakistan and Iran on a free trade agreement will be held in July to discuss ways of enhancing trade volume, Pakistan’s largest English-language newspaper…

Port equipment, including two super cranes, purchased for Phase 2 of Shahid Rajaee Port has been loaded in a European country and will arrive at the major Iranian port, located in the southern…

Iranian stocks did not have much going for them during the past week, as the nation was transfixed on the presidential vote slated for May 19.

Tehran Stock Exchange’s main index gained just…

Iran voted on Friday in an election, the result of which will decide the direction of an economy still recovering from years of crippling sanctions—a state of affairs revealed in the charts below…

Bank Mellat has obtained the license to reopen its branch in Seoul, South Korea, the bank’s CEO announced.  

The ratio of Iranian banks' non-performing loans to total loans stood at 10% after four years of President Hassan Rouhani's tenure, said the Central Bank of Iran's governor.

Iran Insurance Company has insured the four newly-purchased Iran Air turboprop airplanes, IIC’s website announced. According to the contract signed by Iran Air and IIC, the brand new airplanes…

Governor of the Central Bank of Iran has dismissed claims that Friday's presidential election would trigger fluctuations in the foreign exchange market, reassuring the public that all is calm in…

Euromoney's best bank transformation award for 2017 has gone to Iranian private lender Ayandeh  after successfully accomplishing a merger of troubled banks to become one of Iran’s biggest…