Economy

It is estimated that about 11 million tons of wheat will be produced by the end of the current Iranian year (March 19, 2016), an advisor to agriculture minister, Esmaeil Esfandiar-Pour, said on…

More than 227,000 tons of commodities valued at $82 million were exported through the southeastern Sistan-Baluchestan Province’s customs offices during the first two months of the current Iranian…

Due to the ongoing downturn in the home appliance market, it is now the best time to buy, said head of Home Appliance Sellers Union, Mohammad Tahanpour on Friday. “So far this [Iranian] year,…

A group of senior administrative and transportation officials from China's Guangdong Province visited the port city of Bandar Abbas in the southern Hormozgan Province on Monday to review…

The Trade Promotion Organization of Iran and the Islamic Republic of Iran Shipping Lines will sign an agreement to establish three new shipping lines in the Caspian Sea on Saturday, ISNA reported…

In a sign that the market for wearable devices remains nascent, China’s Xiaomi has risen from nowhere to become the industry’s second largest company responsible for one-quarter of all shipments…

Hackers broke into US government computers, possibly compromising the personal data of four million current and former federal employees. Investigators were probing whether the culprits were based…

An Iranian university team is qualified to attend an international robotics competition in Canada, IRNA reported on Tuesday.

Islamic Azad University of Qazvin's underwater robotics team is…

Tech giant Apple said it would start selling some models of its watch at its retail stores this month, and also roll out the gadget in seven more countries, Reuters reported on Thursday. The watch…

With the fourth largest proven oil reserves in the world, Iran's economic policies have become subservient to its oil revenues, stifling growth and productivity in other sectors of the economy – a…

The launch of the first online banking encyclopedia titled Wiki Mabnaa was announced during a monetary conference in Tehran. As a free volunteer-edited and specialized encyclopedia in the field of…

Foreign exchange deputy at the Central Bank of Iran has advocated the expansion of non-oil exports as a means to achieve a unified foreign exchange regime.

During the meeting of the commission on aquatic bio-resources of the Caspian Sea held in the Russian city of Saint Petersburg last week, Caspian littoral states decided to extend the ban on…

South Africa is welcome to cooperate with Iran’s eastern South Khorasan Province in terms of trade and mutual investment in tourism, manufacturing, agriculture and transportation, deputy head of…

The First International Marine Exhibition of the Islamic Republic of Iran (Iran Sea Expo) will be held at Tehran’s Mosalla, June 6-9, deputy head of port affairs and special zones of Ports and…

Due to low tariffs on starch and glucose imports, these products have recently been imported from China, consequently damaging their domestic production, ISNA quoted head of Starch and Glucose…

Some 28.7 billion cigarettes were produced in the country over the past Iranian year (ended March 20), said deputy minister of industry, mine and trade, Mojtaba Khosrotaj. As Eghtesad-News…

The ministry of cooperatives, labor and social welfare plans to use the savings from cutting cash subsidies of six million high-income Iranians by the end of the current Iranian year (March 19,…

The Central Bank of Iran (CBI) reported a 12.9% increase in the producer price index (PPI) in the 12-month period ending May 21, which marks the end of the second Iranian month Ordibehesht,…

Although the industry minister recently announced that the price of industrial commodities would not be affected by the hike in fuel costs, officials of Iran Cement Industry Association have…

The two-day Iran Mines and Mining Industries Conference wrapped up in Tehran on Monday. The IMIS 2015 was attended by a number of cabinet ministers, dozens of managers and consultants from 20…

As inflation-combating policies have taken hold on the economy, investment-based markets like the stock exchange and housing have again started to outperform price-based markets like currency and…

The government will soon decrease the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…

The government will soon reduce the rate of mining royalties imposed on iron ore mines, Tasnim News Agency quoted Minister of Industry, Mine, and Trade, Mohammad-Reza Nematzadeh as saying on…

The ministry of industry, mine, and trade is planning to engage in research and exploration for radioactive minerals, Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh was quoted by…