Economy

Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh says his ministry plans to utilize financial resources from the National Development Fund of Iran to upgrade the machine-made…

Iran Khodro Diesel, the large vehicle arm of the largest national automaker IKCO, has announced it is to start production of a new 16-seat minibus, called Vana according to the company's PR office…

Jaguar Land Rover is researching road terrain detection technology for its vehicles that would warn other vehicles about potholes and other such road hazards via the cloud.

The automaker…

Passing the driver's licensing test does not always mean new drivers have the critical skills they need to drive safely. In fact, for all new drivers, regardless of their age, crash risk is…

The equity market’s risks along with the limping economy kept draining Tehran Stock Exchange during the week that ended June 10, with almost all the 40 listed industries registering new lows.

Dried or dehydrated fruits are popular snacks throughout the world due to their health benefits, as they contain much of the fruits’ nutritional value, including vitamins, minerals and fiber. They…

A range of steel products produced in Iran have been hit as Chinese exports surge.

The latest data released by Iranian Mines and Mining Industries Development and Renovation Organization,…

Mineral industries account for 45% of industries in the western Hamedan Province, according to chairman of Hamedan Mine House, Rahim Mortezai.

Hamedan has 280 operational mines and proven…

Iran ranked first in cement exports worldwide by sending more than 19 million tons of cement overseas last year, says Morteza Lotfi, the vice president of Cement Industry Employers Association…

Migration of rural population to urban areas is causing capital outflow from the agricultural sector, warned Hamed Qaderzadeh, an agricultural expert.

In a meeting held by visiting vice president of Austria’s chamber of commerce, Richard Schenz, with Iran’s Industries Ministry officials on Tuesday, the Austrian side expressed readiness to speed…

A wide range of international delegations comprising traders, investors and business owners attended the ‘First Project Iran Exhibition’ held in Tehran’s permanent international fairground June 8-…

A Chinese investment group has voiced its readiness to invest $1.7 billion in a project to construct a turbine manufacturing complex in Khomein County in Markazi Province.

At a meeting held in Tehran on Tuesday, chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei and director of International Affairs at Luxembourg Chamber of…

The Consumer Price Index for rural areas increased by 13.1% in the 12-month period ending on May 21, which marks the end of the second Iranian month, compared with the same period of last year, as…

Governor of the northwestern East Azarbaijan Province Esmaeil Jabbarzadeh and parliamentary chairman of the Autonomous Republic of Nakhchivan Vasif Talibov signed a 12-article memorandum of…

Former agriculture minister Issa Kalantari has predicted a 1-2% hike in prices of some agricultural products as a result of the recent rise in fuel prices following the government’s decision to…

Defying a recent decision by the High Council of Statistics, Valiollah Seif, governor of the Central Bank of Iran, said CBI will continue to release statistics on the economic indicators. The…

Minister of Economic Affairs and Finance Ali Tayyebnia said expanding cooperation among regional economies is among the strategic plans of the Islamic Development Bank over the next 10 years.

Vice governor for supervision at the Central Bank of Iran has announced that Mizan Credit Institution’s customers need not worry about their deposits since they will be paid from the institution’s…

A Tehran-based economist has criticized commercial banks for having failed to act in accordance with Resistance Economy, a set of guidelines introduced by the Leader of Islamic Revolution…

In a small room close by Australia's Sydney Opera House, 60 people are feverishly working on ways to combat the so-called 'Islamic State' online propaganda, AFP reports.

The extremists'…

A new price search engine has been launched called Torob meaning Horseradish in Persian. The new site offers prices on all sorts of devices and home products from a variety of suppliers.…

Iran Mercantile Exchange featured various types of steel products offered by local suppliers in the spot market on Wednesday.

The northwestern province of Zanjan offers vast opportunities for investment in mining activities and mineral processing industries, according to studies conducted by the Parliament Research…