Economy

Iran is determined to reach a preferential trade agreement (PTA) with Indonesia, head of Trade Promotion Organization (TPO), Valiollah Afkhamirad, said on Saturday, addressing a meeting with an…

The government has tacitly given the greenlight to the private sector to forge trade ties with the US, announced head of Iran chamber of commerce, industries, mines and agriculture, Gholamhossein…

The stocks rout at the Tehran Stock Exchange is triggering alarm, as leading listed companies keep weighing on indices, and drag down the benchmark to stretch losses it has been piling up since…

The Islamic Parliament Research Center has conducted an investigation into the setbacks the country’s coal sector suffers from, the most important of which is traditional extraction techniques and…

Sunday trade at the Iran Mercantile Exchange saw close to 369,000 tons of commodities in the spot market, offered by local suppliers, IME public relations reported.

The Iran Fara Bourse main index (IFX) slipped 4.71 points or 0.66 percent amid bearish sentiment at the equity market, to end at 712.05, IFB public relations reported.

Close to 267,970…

Price to earnings (P/E) ratios are not likely to fall any further this year, said Saeed Shirzadi, capital manager of the Civic Pension Fund Investment Company – the investment arm of one of Iran’s…

The Central Bank of Iran (CBI) published a report on the latest developments of the housing market in the capital Tehran in the first Iranian month of Farvardin (ended April 20). According to the…

The largest gathering of Iranian, American, European and Asian tech investors and professionals is to take place soon in Berlin, Germany.

The CWTS Leiden Ranking 2015 has listed 13 Iranian universities among 750 top ranking universities in the world.

According to deputy of Islamic World Science Citation Center Ali…

Iranian researchers at the University of Science and Technology have built a robot which can inspect and maintain gas pipelines, ISNA reported on Saturday. The researchers have designed the robot…

Tose’e Insurance Company, the firm that caused uproar last year for infringing the rights of its customers, is still recognized by the website of the Central Insurance of Iran -- the main…

The maximum wage for CEOs and board members of state-owned banks has been approved by the parliament, putting restrictions on the notoriously high salaries of bankers.

 Mohammad Reza…

A n economist has criticized the Money and Credit Council for “being dependent on the government” and “lack of technical expertise” among its members, Banking and Insurance News Agency (BINA)…

Contrary to liberal experts hailing the Money and Credit Council’s new move to raise mortgage ceilings, two parliamentarians cast doubt whether the decision could have a positive impact on the…

The banking sector is expected to benefit from a lifting or even easing of sanctions imposed on Iran in recent years over its nuclear energy program, a report says, predicting that lending growth…

The World Steel Association, known as Worldsteel, announced that Iran produced more than 5.36 million metric tons of crude steel in the first four months of 2015, indicating a 3.5% growth compared…

The global iron ore crisis and the increased mining royalties in Iran have put small and medium iron ore mines, especially those in the northern half of the country, under great pressure, making…

Deputy governor of East Azarbaijan Province, Davood Behboudi, says the province has great industrial and mineral capacity, holding 1% of the global copper reserves, Mehr News Agency reported.

While the prevailing recession in the construction sector has negatively impacted the market for housing-dependant industries such as construction materials and equipment, increased concern among…

More than 65 percent of companies listed at the Tehran Stock Exchange underperformed, and pushed the TEDPIX to notch a fresh retreat on Saturday trading.

In a meeting held in the city of Mashhad, the capital of the northeastern Khorasan Razavi Province, between provincial officials of the Agricultural Jihad Organization and representatives of…

According to data released by the ministry of industry, mine and trade, domestic production of most home appliances grew over the past Iranian calendar year (started March 20). About 1.9 million…

More than 37% of medical equipment used in Iran has been imported, according to Secretary of Iran Industrial Equipment Manufacturers Association (SATSA), ISNA reported. Imaging equipment such as…

Iran and Canada’s trade relations, once severed by political animosity, is expected to take a new turn with the Iranian private sector gearing up to introduce to the Canadians the possibilities of…