Economy

Iran’s northeastern city of Mashhad is hosting a three-day exhibition on food industry and related machinery. A total of 117 companies and manufacturers from Iran and around the world, including…

A total of 564,971 tons of commodities worth $192.67 million were exported from Sistan-Baluchestan Province in southeast Iran during the first four months of the current fiscal year (March 21-…

The Iranian mining sector is expecting new projects to come on stream by March 2019 with an investment of $5.5 billion.

Iranian steel mills produced a total of 14.45 million tons of crude steel during the first seven months of 2018, up 23.6% compared with last year’s corresponding period, according to the latest…

More than 180,706 tons of fresh and dried bananas worth $176 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22).

This marks a 22.…

The 17th International Exhibition of Poultry, Livestock, and Related Industries, also known as IRAN PLEX 2018, is scheduled to open at Tehran International Fairground on September 6, the event’s…

Economists and businesspeople believe that cracking down on production units and warehouses, and treating them as criminals will have adverse consequences, as economic players will lose trust in…

Tehran Stock Exchange’s main index gained 1,726.61 points or 1.25% on Monday to end trading at 140,309.2.

About 2.46 billion shares valued at $90.27 million changed hands at TSE for the…

Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said individual modes of transport…

The world’s first autonomous taxi to run on public roads started operating in central Tokyo on Monday.

The vehicle, developed by Tokyo-based robot maker ZMP and operated by taxi company…

Investors on Monday were to render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a proposed $72 billion buyout to take the luxury electric car maker private.

Parliament voted on Sunday to remove the economy minister ramping up pressure on the embattled president who has come under mounting criticism over his handling of the economy in the face of new…

Imam Khomeini Port in the southern Khuzestan Province accounts for 70% of Iran’s imports of essential goods. According to Adel Deris, the director general of Khuzestan Ports and Maritime…

Tehran Stock Exchange’s main index gained 2,239.18 points or 1.64% on Sunday to end trading at 138,582.6.

About 1.74 billion shares valued at $73.96 million changed hands at TSE for the…

Iran exported $100 million worth of hand-woven carpets during the first four months of the current fiscal year (March 21-July 22), registering an increase of 21.7% in value compared to last year…

British Airways confirmed on August 23 that it would end its services to Iran, namely its five times weekly operation to Tehran’s Imam Khomeini International Airport, joining Air France and KLM…

When the Central Bank of Iran announces its new regulatory frameworks concerning virtual currencies, it is expected to lift a previous blanket ban on cryptocurrencies.

Bank Maskan, the sole specialized bank in the housing sector, has recorded an annual increase of 52.8% in the volume of loans it has paid to finance related deals. 

According to…

More than a month has passed since the July 22 deadline set for Iran’s banks and credit institutions to finalize their financial statements and hold their annual general meetings, but only a…

Governor of the Central Bank of Iran Abdolnasser Hemmati  has responded to a letter sent by the President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei…

The government has bought more than 9.2 million tons of wheat from local farmers in 31 Iranian provinces in the current fiscal year (started March 21), which indicates a 5% increase compared…

Iran earned $281 million from the export of handicrafts through the country’s official customs terminals and $250 million through suitcase trade during the last fiscal year (ended March 20, 2018…

Around 11,636 tons of solar panels worth more than $71.8 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…

Director General of Ports and Maritime Directorate of Bushehr Province Siavash Arjmandzadeh said Phase 1 of the construction project of Negin Island’s container terminal is now complete. …

Head of Iran Chamber of Guilds Ali Fazeli has been appointed as a new member of the Budgeting Committee by the head of Plan and Budget Organization, Mohammad Baqer Nobakht.  Developing the…