Economy

Medicinal and aromatic plants, which are found both domestically and in overseas markets, play a significant role in meeting the demands of the traditional medicine markets.

Not…

China signed a contract with Iran on Monday to extend $2 billion in finance for the construction of five hospitals in the Islamic Republic.

The finance will be provided by the Exim Bank…

Domestic rail production, although less costly compared to importing foreign products, is still struggling to get off the ground, the deputy head of Construction and Development of…

Preparatory classes and mock exams are held for students preparing to take the university entrance exam, better known in Iran as Concours.

In the budget bill proposed to the parliament by the administration of President Hassan Rouhani for the next Iranian year that starts on March 21, 2018, some 10 trillion rials ($238 million)…

The Ports and Maritime Organization and the Iranian private sector on Monday signed 13 memoranda of understanding worth 100 trillion rials (close to $2.38 billion) to invest in Iran’s northern…

Iranian officials reached agreements with the head of Iraq’s General Customs Authority, Munther Abdul Amir Asad Haider, on issues hindering bilateral trade.

An agreement was signed between Iran and the Czech Republic on Monday to support mutual investment.

The first exclusive exhibition of Iran’s halal products and second exhibition of Iran’s industrial products and export capabilities with a focus on Khorasan Razavi Province’s products are…

In a tight race for a bigger pie of the local mobile communication services market, RighTel, the smallest operator in Iran, is trying to promote its roaming services.

As per a deal…

Buses in Tehran public transportation fleet are to be refitted so commuters can have access to WiFi Internet and digital libraries for free. The services are already offered in three buses, the…

The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year…

Twitter has widened what constitutes hateful and harmful behavior on its platform, and says it will begin enforcing stricter rules concerning it. Information contained in a person’s profile,…

Majlis Economic Commission is to hold a top-level multilateral meeting to discuss the fast-growing cryptocurrency Bitcoin in the coming days, the head of the parliamentary commission said.

The total value of Iranian banks' foreign assets stood at 2.69 quadrillion rials ($64.33 billion) by Oct. 22 to register an increase of 14.2% compared with the same period of last year.

A total of 231 non-government entities have released financial statements in the past 18 months in line with boosting transparency in the Iranian economy, the head of the Securities and Exchange…

First Vice President Es’haq Jahangiri called on the chief executives of banks to be more lenient on borrowers when demanding collaterals and loan guarantees.

After 10 auctions were held by Bank Melli Iran’s Bank Kargoshaee for deflating the bubble in gold coin prices, demand for the precious metal seems to be cooling.

More than 1.2 million tons of wheat have been traded at Iran Mercantile Exchange in the current fiscal year (started March 21), indicating a 186% rise compared with last year’…

Research and development is the propeller of economic growth worldwide.

Advanced countries are investing more and more in R&D to keep up with the ever-changing dynamics in global…

Iran has reopened all its border crossings with Iraq’s Kurdish region, foreign ministry spokesman, Bahram Qasemi, said on Monday, after their closure over a controversial independence vote.

About 1.15 million tons of goods have been transited via Iranian railroads since the beginning of the current fiscal year (March 21), registering a 61% upsurge compared with the corresponding…

Mobarakeh Steel Company, Iran’s largest flat steel producer, aims to increase its slab exports rapidly over the next couple of years.

“The plan follows the expansion of the company’s…

Iran Aluminum Company is having a hard time keeping its head above the water, as it is posting 20,000 rials ($0.4) in losses for each kilogram of aluminum sold, the company’s managing director…

The Iranian Privatization Organization is planning to put up the shares of seven state-owned enterprises for sale on Dec. 25, IPO reported on its website.