Economy

Iran's non-oil exports to China saw a 27.1% rise in value and a 27.7% increase in weight in the 11 months of 2017 compared with the same period of last year, Iran’s commercial attaché to China…

Iran has commenced the construction of Mashhad-Zahedan Railroad that is an integral part of the International North–South Transport Corridor to connect Central Asia to high seas through Iran’s…

Iran’s Kurdish lawmaker Heshmatollah Falahatpisheh said closing the country’s border with the Iraqi Kurdistan Region has incurred losses worth $2.5 billion.

Mashhad, the capital of Khorasan Razavi Province, is hosting two international exhibitions: The 10th National Leather Bags and Footwear Industry Exhibition and the Third International Fittings,…

Goods worth $17.12 million were exported from Mahabad border terminal in Iran’s West Azarbaijan Province during the first nine months of the current fiscal year (started March 21), registering a…

Two new ATR aircraft are scheduled to land in Tehran’s Mehrabad International Airport on Saturday.

Iran Air, the country’s flag carrier, signed a contract with the Franco-Italian…

Mostafa Kishavarzi looks over the 10,000 watches crammed into his tiny store wedged between dozens of similar retailers in the jewelry section of Tehran Bazaar.

Iran has received a request from China to establish a connection between Pakistan’s Gwadar Port, which Chinese companies are developing, and Iran’s southeastern port of Chabahar.

Russia’s company Technoros, specializing in the development of ore quality control systems, will supply its technologies and ore pretreatment equipment to Iran, the firm’s general director said…

Chairman of Guilds Faction of the Iranian Parliament Hassan Pour-Beiglari said financial resources worth 10 trillion rials ($238.09 million) have been considered as export incentives and awards…

The second phase of Iran’s largest paper mill, Pardis Paper Mill Complex, was inaugurated by First Vice President Es’haq Jahangiri on Thursday in Binaloud Industrial Town, 55 km southwest of…

TSE’s main index TEDPIX jumped 2,391 points or 2.5% during the week that ended on Dec. 27 to close at 97,899.2.

The benchmark index of the smaller over-the-counter exchange Iran Fara…

Two iron ore processing plants were inaugurated by a host of government and industry officials in Khorasan Razavi’s Sangan Mineral Zone on Thursday.

A social media platform named ‘Korsii’ has been launched by an Iranian startup -- a mishmash of LinkedIn and Facebook. The platform operates through a website under the address korsii.ir and has…

Iran exported 8.5 million square meters of tiles and ceramics worth $20 million to Pakistan during the eight months to Nov. 21, Iran’s commercial attache to Pakistan said.

Morad Nemati…

The Central Bank of Iran has parliamentary approval to receive 50 trillion rials ($1.19 billion) to start the next phases of the scheme to write-off fines on non-performing loans with the aim of…

A banking syndicate is being created with the specific goal of financing the biggest water transfer project in the country that will take water from the Persian Gulf to the provinces of…

The director of the National Development Fund of Iran pledged the sovereign wealth fund’s support for companies exporting goods and technical and engineering services to Oman in a joint meeting…

Home sales in Tehran reached 17,800 during the ninth month of the current fiscal to December 21, registering a 50% surge compared with the same period last year.

The latest figures–also…

Railway officials of Iran, Russia, Azerbaijan, and Belarus met in Baku on Tuesday to discuss finalizing issues related to the International North-South Transport Corridor, IRNA reported on…

Minister of Cooperatives, Labor and Social Welfare Ali Rabiei says nearly 40 million people have been identified as eligible for the government’s Cash Subsidy Program.  Assuring the public…

South Rouhina Steel Complex exported 500 tons of reinforcement bars to Iraq on Tuesday via Iran Mercantile Exchange’s export trading floor, says Iran’s commercial attaché to Iraq, Naser Behzad…

An estimated 90,000 jobs have been created in Iran’s Free Trade Zones during the past four years, says the secretary of High Council of Free Zones, Morteza Bank.

According to the…

Iran has handled a consignment of tangerines from Pakistan to Kazakhstan in an initiative that could open a new corridor for shipment of food from Southeast Asia to markets as far as Russia.

Iran’s main and junior equity markets ended November with gains of 4.0% and 6.0% respectively in local currency terms, lifted by falling bank deposit rates and gains in global commodity markets…