Economy

Tehran Stock Exchange’s all-share index TEDPIX inched up 9.90 points or 0.01% to close Saturday trade at 78,414.6, as gains made by mining companies and automakers were cancelled out by the loss…

Iranian aluminum producers annually manufacture about 350,000 tons of aluminum ingots, said deputy minister of industries, mining and trade, Mehdi Karbasian, on Saturday. Describing the current…

Latest auto manufacturing reports show car production has risen in some local factories and fallen in others.

In the month ending March 19, production of passenger cars grew by 31.9% at…

Mitsubishi Motors Corporation's market value and Japanese orders have halved since it admitted last week to rigging fuel economy tests.

However, with more than $4 billion in cash and low…

Peugeot unveiled the new 308 sedan and face-lifted 3008 crossover at the Beijing Motor Show, in conjunction with its local manufacturing partner, Dongfeng.

The 308 sedan will compete in…

Using the words “unsupervised wannabe”, Volvo’s Trent Victor says the Tesla Autopilot is “giving the impression it’s doing more than it is”.  In an interview with The Verge, Victor said Tesla…

Iran’s senior to Russia says Tehran expects major financial institutions in that country to start cooperating soon with their Iranian peers.

Ambassador Mehdi Sanaei believes Tehran and…

Deputy minister of Industries, Mining and Trade Ali Yazdani, accompanied by a delegation of the ministry officials and heads of Iranian industrial parks, arrived in Anakara on Thursday, visited…

Two months after the visit of Swiss President Johann Schneider-Ammann to Iran, a high-ranking delegation from the European country, led by Pierre Maudet, Geneva’s councilor in charge of security…

With Russia and Turkey further drifting apart, an opportunity has emerged for Iranian businesses to fill in the space left vacant by Turkish traders and meet Russia’s various demands.

Over…

Italian companies are planning to build a stronger presence in Iran by setting up joint ventures with Tehran Garment Union, says the chairman of the National Textiles and Fashion Association…

Taking advantage of cheap gas-generated electricity in the Persian Gulf region, India’s National Aluminum Company plans to go for toll-smelting soon with three Iranian companies to produce…

Tehran Stock Exchange’s all-share index TEDPIX gained 135 points or 0.17% during the week that ended April 27 to close at 78,404.

According to TSE data, more than 5.7 billion shares valued…

The Securities and Exchange Organization of Iran is holding the Eighth International Course on Islamic Capital Markets from May 2-4. The event will be attended by high-caliber Islamic and economic…

The International Monetary Fund (IMF) has reported a significant rise in Iran’s foreign exchange reserve.

In its latest World Economic Outlook report, the IMF said the Iranian reserves rose…

Central Bank of Iran’s latest statistics, published on Thursday indicate that liquidity stood at 9.75 quadrillion rials ($321.9 billion) by the end of the month ending February 19, marking a year-…

Britain's biggest banks are to set up a high-level panel to navigate the removal of western sanctions against Iran amid continuing US opposition to some foreign economic engagement with Tehran.…

One of the signs of a competitive and market-based economy is that interest rates are determined by markets and correspond to profit levels in the markets. However, in developing countries like…

The distribution of banned foreign fruits has not yet come to a halt despite strict regulations, which are widely available across the country, the head of Iran’s Union of Fruit and Vegetable…

Croatian franchise Surf’n’Fries has just expanded its business operations to Iran. Surf’n’Fries was founded in 2009 with the first sales outlet opened in the Croatian port city of Rijeka, news…

Iran is planning to hold an exclusive exhibition in the Pakistani port city of Karachi in September, Iran’s ambassador to Pakistan said. In a meeting with chief executive of Trade Development…

A look at the complementary report released by the Islamic Republic of Iran Customs Administration on last year’s foreign trade shows Iran’s dependency on imported strategic products reduced…

Beyond being the founder of Sci-Hub, the world’s largest pirate site for academic papers, and risking arrest as a result, Alexandra Elbakyan is a typical science graduate student: idealistic, hard…

New Zealand will launch a new visa to attract technology entrepreneurs as it tries to offset its struggling dairy industry, though it may struggle to beat Australia in the race to become the…

The second meeting of investment firms with local technology firm Afranet was recently held at a business forum in the capital Tehran.

In the meeting held with senior managers of domestic…