Economy

Bandar Imam Petrochemical Company started selling 4 trillion rials ($88 million) worth of standard parallel salaf contracts for liquefied petroleum gas on Iran Energy Exchange on Monday.

The Eighth Iranian Steel Market Conference, aka ISMC 2018, opens in Tehran today. The annual two-day event is scheduled to be held at the Islamic Republic of Iran Broadcasting Conference Center…

A subsidiary of SAIPA, Pars Khodro, will introduce upgraded versions of three Chinese-derived vehicles assembled and produced in Iran.

Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital…

Local auto parts maker Noor-e Neyriz Alu Wheel Co (NNA) inaugurated a new aluminum car wheel factory on Saturday in Neyriz, 200km east of Shiraz in Fars Province. Fars Industrial State Co (…

Mazda Motor Corp. is developing a gasoline engine it says will be as clean as an electric vehicle — at least when the supply chain of energy creation is calculated into it.

Mazda’s…

As the 50th anniversary of Iran’s capital market was being celebrated with much fanfare at the Iran International Conference Center on Sunday, an unlikely guest appeared on the stage to herald…

Two days after the Central Bank of Iran published a directive that makes end-to-end encryption mandatory for card not present transactions, banking industry players have apparently welcomed it…

A total of 19,004 residential deals were registered in Tehran in the tenth month of the current fiscal year to Jan. 20, indicating an increase of 13.5% compared with the same period last year.…

Governor of the Central Bank of Iran has reiterated that foreign exchange rates will continue to dwindle while saying “we do not insist on illogically bringing down the price of gold coins” in…

Tehran Chamber of Commerce, Industries, Mines and Agriculture will meet on January 30 to discuss ways to expand exports to India. Latest statistics released by the Customs Administration of Iran…

Following the recent abolition of earning per share forecasts, publicly traded companies have been publishing their descriptive performance reports on www.codal.ir as per the Securities and…

Iran exported 1.86 million tons of fruits and vegetables worth over $675 million during the eight months to November 21, 2017, indicating a 21% rise in value and 13% decline in volume compared…

Iran exported over 756,000 tons of milk during the nine months to December 21, 2017, Deputy Agriculture Minister Hassan Rokni told IRNA.

Exports are expected to hit one million tons by…

Tehran Stock Exchange main index gained 59.05 points or 0.06% to end Sunday trade at 99,414.6.

About 845 million shares valued at $49.13 million changed hands at TSE for the day.

Over 1,000 hectares of greenhouses have been established across Iran since the beginning of the current fiscal that ends in March, says the head of the Ministry of Agriculture’s Greenhouse,…

The Majlis on Sunday disapproved the outlines of the proposed budget for the upcoming fiscal year (March 2018-19). 

A total of 120 lawmakers voted against while 83 were in favor of…

Average Producer Price Index in the 12 months ending January 20, which marks the end of the 10th  Iranian calendar month (Dey), increased by 9.9% compared with the same period last year,…

Iran exported $843 million worth of livestock and poultry products during the nine months to December 2017 -- an increase of over 30% compared to the same period last year, said the deputy…

Iranians give an average of 3 trillion rials ($66.6 million) in charity donations to the Imam Khomeini Relief Committee annually, says deputy head of the state charity, Amir Mansour Borqe’ie.…

The 25th Forum of Iran’s Marine Organizations is scheduled for Jan. 30-31 in the southeastern port city of Chabahar, according to Ali Akbar Marzban, an official with the Ports and Maritime…

As per an agreement between the chairman of the Agricultural Ministry’s Department for International Affairs, Houman Fathi, and the Finnish Ambassador Keijo Norvanto, a delegation of Finnish…

The Middle East Bank’s quarterly report published in January 2018 shows Iran’s current account surplus fell by 28.8% in the first quarter of the current fiscal to June 2017 compared to the same…

Google in October unveiled a new camera Clips. It is a small device that uses artificial intelligence to take the right picture when it sees something interesting. The company has not said much…

Not long ago China was an oasis for pirated music and videos. CDs and DVDs were easily copied and sold for cheap at roadside markets. If you had a computer and an Internet connection, top…