Economy

Iranian and Brazilian officials are to engage in dialogue within the next few months to discuss expansion of bilateral ties in the auto industry.

Iran traded 4.79 million tons of non-oil commodities worth $2.52 billion with Iraq during the first four months of the current fiscal year (March 21-July 22), registering a 13.97% and 22.02%…

US President Donald Trump’s decision to pull the United States out of the 2015 nuclear accord with Iran and reimpose a raft of sanctions will hit European businesses working in Iran.

An…

Following an Iraqi delegation’s visit to Iran’s northeastern Khorasan Razavi Province, an agreement was reached on Saturday for the establishment of a direct flight between the Iranian holy city…

The Franco-Italian planemaker ATR Aircraft delivered five new ATR 72-600 planes to Iran Air on Saturday and the jets landed in Tehran a day later on Sunday, which move is interpreted by Iran Air…

More than $2 million worth of water dispensers were imported into Iran from 11 countries during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…

About 36,483 tons of commodities worth $11.25 million have been exported from the northwestern Ardabil Province’s Bileh Savar County to neighboring countries since the beginning of the current…

A total of 29,483 tons of yogurt worth more than $29 million were exported from Iran during the first three months of the current Iranian year (March 21-June 21), data released by the Islamic…

The Central Bank of Iran said on Saturday it has fulfilled its commitment of delivering the gold coins purchased by people during the presale scheme in the past few months.

The Export Development Bank of Iran has signed a deal with Moscow’s Mir Business Bank to finance the import of essential goods from Russia.The contract provides Iran with €10 million, covering…

Ongoing currency fluctuations in Iran have the potential to put a dent in the strong growth of the country’s payment network, the head of Informatics Services Corporation, the company in charge…

Rial rebounded on Sunday, in anticipation of Central Bank of Iran Governor Abdolnasser Hemmati's announcement of the new plan to calm forex market volatility that has seen Iranian currency sink…

India is one of the major exporters of ferroalloys to Iran and in turn, sources crude oil from the Islamic Republic.

Now, with the cloud of sanctions hovering over bilateral trade…

Tehran Stock Exchange-listed companies have paid out 292 trillion rials ($6.63 billion) of dividends to investors during the fourth month of the current fiscal year (June 22-July 22). The firms…

Stocks posted solid gains on Sunday to extend their 10-day winning streak and reach a new high, defying correction expectations following a slow start to the trading week.

At both Tehran…

A total of 16,066 tons of ice cream worth $54.77 million were exported from Iran during the first three months of the current Iranian year (March 21-June 21), data provided by the Islamic…

The average Producer Price Index for the services sector (using 2011 as the base year) in the first quarter of the current Iranian year (March 21-June 21) stood at 262.3, indicating a 4.6%…

Samsung and Amirkabir University of Technology through their jointly established Tech Center in Tehran are to hold a joint startup acceleration contest on August 18 in Iran.

Chipmaker Taiwan Semiconductor Manufacturing Co. shut down several of its factories on Friday night after its systems were hit by a computer virus. TSMC is the largest semiconductor manufacturer…

Google wants to get back into China, and is laying the groundwork for a key part of the initiative: bringing its cloud business to the world’s second-largest economy.

Close to 1,390 tons of garlic worth $1.38 million were exported from Iran to 10 countries during the last Iranian year [March 2017-18], figures released by the Islamic Republic of Iran Customs…

A total of 662,798 tons of wholly or semi-milled rice worth more than $674 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22) to register…

Iran traded 7.63 million tons of non-oil commodities worth $4.97 billion with the UAE during the first four months of the current fiscal year (March 21-July 22), registering a 1.6% and 2.68%…

Five new ATR planes are expected to land in Tehran’s Mehrabad International Airport on Sunday 9:00 local time.

Chain stores are not suffering from a shortage of basic goods, but ungrounded rumors on the Internet have made people turn to overpurchasing, the deputy chairman of Chain Stores Union said.