Economy

More than 154 tons of wigs, fake beards and false eyelashes worth close to 31.1 billion rials ($907,647) were imported into Iran during the last Iranian year (March 2017-18), figures released by…

Some 400,000 mulberry saplings, produced through selective breeding, will be distributed free of charge among silk farmers during the current Iranian year that started on March 21, the head of…

An exclusive exhibition of Iranian products and services has been scheduled to be held in the Iraqi city of Basra from May 8 to 14.

Iran traded $1.52 billion worth of non-oil goods with the Netherlands in the last Iranian year (ended March 20, 2018), which was 66.15% more compared to the year before, making the European…

More than $415 million worth of commodities were exported from the southeastern Sistan-Baluchestan Province during the last Iranian year (March 2017-18), the head of Sistan-Baluchestan…

Pakistan’s Federal Commerce Minister Pervaiz Malik is hopeful that with the opening up of formal banking channels in the near future, trade with Iran can reach as high as $2 billion.

The 14th International Exhibition of Stone, Quarries & Related Industries opened in Isfahan Province on Monday. The five-day event will witness local and foreign companies showcase their…

Companies listed on Tehran's equity market had an average free float of slightly over 20% in the last fiscal year (March 2017-18), according to the latest market data released by Securities and…

A 4.06% stake in Iran’s largest steelmaker Mobarakeh Steel Company has been scheduled to be sold by Saba Tamin Investment Company on May 5.

The sale comprises 3.04 billion shares with a…

Chicken is the most consumed meat in Iran and with a chicken and egg output of over 3 million tons per year, the industry has played an important role in the country’s food security. 

Producing half of the 550 million square meters per year of the domestic output of tiles and ceramics, Yazd Province is the production hub of these products in Iran, the deputy head of Iran’s…

Tehran Stock Exchange’s main index lost 218.57 points or 0.23% on Monday compared to the day before to end trade at 93,586.9.

About 578 million shares valued at $44.11 million changed…

Iranian motorbike makers have ten months to upgrade their facilities to meet Euro4 standards and the country's automotive inspection centers are on the fast track to get new equipment so as to…

Private Iranian automaker Bahman Group has initiated the sales of a Haval SUV model H2. The sales began on 10 a.m. local time on Saturday. The vehicle is priced at 958.9 million rials ($22,830)…

In the first of its kind, the Scandinavian country is trialing the world's first public road which allows electric vehicles to recharge while driving. Similar to a slot-car track, vehicles are…

Iran traded €3.74 billion worth of commodities with the 28 members of the European Union during the first two months of 2018 to register a 17.4% year-on-year growth, Eurostat data shared with…

A member of Majlis Economic Commission has called for more liquidity to be directed toward the housing sector, saying that although mortgage rate cuts are likely to help boost the sector’s…

The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed. 

Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists…

Iran’s economic sectors received a total of more than 9.35 million counts of loans valued at 6.13 quadrillion rials ($145.95 billion) from banks and credit institutions during the previous…

The First International IranVet Exhibition is scheduled to open on July 21 and run through July 25 at Tehran’s Grand Mosalla. 

The project to electrify the 430-kilometer-long Garmsar-Sari-Gorgan-Incheh Borun Railroad will kick off in the current Iranian year (started March 21), the deputy head of the Islamic Republic of…

A total of 770,000 tons of paper, including newsprint, book paper, tissue, packaging paper and cardboard, were produced in Iran in the last fiscal year (March 2017-18), registering a 32% rise…

The Islamic Republic of Iran Customs Administration has set a $10-million cap on imports for each free trade and special economic zone in Iran during the first quarter of the current fiscal (…

A total of 11,000 production units are engaged in non-oil exports in the last fiscal year (March 2017-18), marking a rise of 37% compared with close to 8,000 units the year before, thes deputy…