Economy

A cargo train from Russia loaded with 330 tons of wood worth around $132,000 arrived in Iran’s northern border city of Astara on Saturday, the governor of the city, Younes Ranjkesh, said.

A delegation of Iran Chamber of Commerce, Industries, Mines and Agriculture will accompany Foreign Minister Mohammad Javad Zarif in a visit to Pakistan from March 11 to 14. 

Iran exported over $400 million worth of commodities to Turkmenistan and imported $600 million in return during the 11 months to Feb. 19.

The statement was made by the commercial attaché…

More than 8.1 million tons of sugarbeet have been produced in Iran so far this year, of which 1.95 million tons of sugar have been extracted, the manager of Sugar Beet Project carried out by the…

Trade between Iran and Sweden stood at over €456.77 million in 2017, registering an 86.15% rise compared with 2016. 

This makes the country Iran’s ninth biggest trade partner from…

Germany’s Stiftung Bildung and Handwerk (Education and Craft Foundation) signed a memorandum of understanding with the Technical and Vocational Training Organization and Iran Chamber of Commerce…

The government successfully sold its shares in Alborz Insurance Company on Saturday to a consortium made up of pension funds and an investment company.

The number of Iranian art galleries has been rising in recent years, a member of the Faculty of Art and Architecture of Islamic Azad University said.

In an exclusive interview with…

Close to 79.2 million tons of commodities were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19),…

Tehran Stock Exchange’s main index lost 34.39 points or 0.04% to end Sunday trade at 97,354.3.

About 1.36 billion shares valued at $58.78 million changed hands at TSE for the day.

Italy’s Carlo Maresca on Saturday signed a $100-million contract with the Industrial Development and Renovation Organization of Iran to construct a solar power plant near Garmsar Special…

The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market. 

The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial…

Iran’s high-ranking political and economic delegation, headed by Foreign Minister Mohammad Javad Zarif, completed the last leg of its East Europe tour on Saturday after focusing on resolving…

Director of Resistance Economy Commission of the parliament has called on President Hassan Rouhani to increase the ceiling of loans for purchasing and renovating rural homes to 300 million rials…

The recent ruling by a US federal court ordering aerospace giant Boeing to disclose the details its contract with Iran will not create any problem for Iran's flag carrier, says Farzaneh…

Iranian export semi-finished steel prices continued to climb in the week to Feb. 28, as customers accepted higher prices.

Metal Bulletin’s weekly price assessment for Iranian billet…

The 29th National Handicrafts Exhibition is scheduled to be held from March 6 to 9 at Tehran’s International Permanent Fairground.

The annual event, organized by Iran’s Cultural Heritage…

Iran exported over 135,000 tons of citrus and melon zest worth $277 million during the 10 months to Jan. 20, registering a 1% decrease in value compared with last year’s corresponding period.…

Around 6.97 million tons of commodities were loaded and over 10.8 million tons were unloaded in Hormozgan railroad stations during the first 11 months of the current Iranian year (March 21, 2017…

Eleven million low-income Iranians will receive food aid package in the current Iranian week (that starts on Saturday), Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said. “A…

Trade between Iran and Romania stood at over €479.7 million in 2017, registering a growth of about 11% compared with 2016.  This makes the country Iran’s eighth biggest trade partner from…

The export price index stood at 300.6 in the 10th Iranian month of Dey (Dec. 22-Jan. 20), registering a 5.3% increase compared to the preceding month and a 22.3% rise compared with last year’s…

Iranian airports registered 451,000 takeoffs and landings in 2017, which shows an 8% rise compared to 2016. Over 56 million passengers and 549,000 tons of cargo were transported last year,…

Major Iranian steelmakers had a good run during the first 11 months of the current fiscal year (March 21-Feb. 19), as they unanimously posted double and some even triple-digit growth in their…