Economy

Khouzestan Steel Company, the largest Iranian semis producer, keeps enhancing its positions in the Far Eastern slab market.

Over the past few weeks, the supplier has managed to sign several…

Tehran Stock Exchange’s main index gained 142.30 points or 0.18% to end Tuesday trade at 77,849.5.

More than 858 million shares valued at $60.5 million changed hands for the day.

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With the first development phase of Kish South Kaveh Steel Company going on stream, domestic crude steel production capacity has reached 31 million tons per annum, Minister of Industries, Mining…

German Transport Minister Alexander Dobrindt will travel to Iran with a trade delegation on Friday to meet Abbas Akhoundi and Mohammad Reza Nematzadeh, Iranian ministers of roads and industries…

The International Exhibition and Convention Center of Anzali Free Zone in the northern Gilan Province is hosting the First Exhibition of Livestock, Poultry, Aquaculture, Dairy Products,…

Iran Shipbuilding and Offshore Industries Complex delivered the new Iran-Kashan container ship to the Islamic Republic of Iran Shipping Lines in Bandar Abbas on Tuesday. The vessel, which travels…

Tehran hosts a meeting of customs directors from the Economic Cooperation Organization on Wednesday, which will discuss ways of promoting cooperation, facilitating trade and fighting smuggling.

Iran exported 4.3 million tons of non-oil goods worth $1.4 billion to India during the first half of the current Iranian year (started March 20), registering a 5% increase over the similar period…

The 18th Marine Industries Conference and Iran International Maritime and Offshore Technologies Exhibition, otherwise known as IRANIMEX 2016, opened in Kish Free Trade Zone on Tuesday.

Iran and Azerbaijan plan to launch a joint website to sell the products of both countries, Iran’s telecoms minister said on October 17. Iran’s Minister of Communications and Information Technology…

While Samsung may be going through one of the worst public relations disasters its mobile division has had, Apple will most likely cash in on the situation.

Samsung has cancelled all…

Tehran’s Milad Tower hosted Iran’s first conference on 5G on October 17 with industry professionals and international experts in attendance.

Iran’s mobile communications market is growing…

Iran has a total of 2,715 knowledge-based businesses, 239 of which are industrial companies, said an official affiliated with the Ministry of Industries, Mining and Trade.

According to…

Luxemburg banks are welcome to establish branches in Iran, as it would help two-way commercial relations, said Valiollah Seif, Central Bank of Iran governor, during a meeting with Etienne …

The past week saw Iran’s diplomatic outreach bear fruit. Long sessions of political horse-trading that led to the nuclear agreement and in effect spared a volatile region the dangers of…

The Central Bank of Iran has come up with a slew of measures to reduce the mountain of non-performing loans. The proposals, as part of the banking overhaul plan, would also help curb future growth…

The way to ensure that Iran’s economic growth will be strengthened in the foreseeable future is for real banking interest rates to come down, says the director of the Macro-Economics and Modeling…

More than 62 tons of saffron were exported to 32 countries during the first half of the current Iranian year (started March 20), registering a 10.5% rise compared with the corresponding period…

Plans are underway to increase the area under cultivation of medicinal plants for commercial purposes by 9,000 hectares to reach 49,000 hectares, says an official with the Ministry of Agriculture…

South Korean Ambassador to Iran Kim Seung-ho on Monday discussed different aspects of relations and priorities between the two major trade partners Iran and South Korea, especially in the new…

Minister of Cooperatives, Labor and Social Welfare Ali Rabiei left Iran for Mexico on October 17 to survey opportunities of bilateral cooperation with his Mexican counterpart, Alfonso Navarrete…

A delegation from Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to visit the Austrian states of Carinthia and Styria as well as Germany’s Bavaria from November 20 to…

Iran is expected to export close to 15 million tons of iron ore by the end of the current fiscal year (started March 20), the head of Iranian Iron Ore Producers and Exporters Association said.

The services sector employed 49.4% of the Iranian population, whereas industrial and agricultural sectors provided 31.4% and 19.1% of the population with jobs respectively.

This was stated…

Organized by MillionaireAsia Pte Ltd and in collaboration with Hong Kong-based Basio Consultants and Services Ltd, the First Iran Investment Summit will be held in Singapore on October 26. A large…