Economy

More than 81 tons of saffron worth around 3.45 trillion rials ($106 million) were exported from Iran to 58 countries in the first half of the current Iranian year (March 21-Sept. 22), according…

The rail route between the two Iranian cities of Qazvin and Rasht, which is the missing link in the International North-South Transport Corridor, will become operational by the end of the…

A capital market agreement between Iran and South Korea has been cancelled as a result of “political pressure”, the head of Central Securities Depository of Iran said.

Food trade between Iran and the European Union has leaped by 94% since the nuclear deal between Iran and world powers, officially known as the Joint Comprehensive Plan of Action, was signed in…

Data released by the Ministry of Industries says the domestic carmaker Kerman Motor has assembled the first 20 units of its Hyundai Accent in the past Iranian month that ended on Oct. 22.

SAIPA and China’s Changan Automobile are set to increase collaboration.

Yang Liqiong, deputy director of Chongqing city’s Industrial Development Committee, which oversees the activities…

Computers have changed cars at least as much as they have changed our daily lives, but a new partnership between Google and Volkswagen could transform transportation further still: The two are…

German investors account for half of foreign portfolio investment in Iran’s capital market, says Securities and Exchange Organization’s deputy head for international affairs.

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During the latest auction held last week as part of the overall plan of shedding excess assets of Iranian banks mostly held in the real-estate sector, 20 properties belonging to Bank Sepah were…

After a series of negotiations and follow-ups by Iranian officials and investment companies, the head of Iran-Italy Chamber of Commerce announced that the remaining banking issues between the…

Bank Melli Iran has managed to recover more than 64 trillion rials ($1.13 billion) of its non-performing loans during 2013-16, announced the bank’s chief executive.

In line with plans to eliminate the US dollar in Iran's foreign trade by clinching monetary agreements, the Central Bank of Iran is pursuing the policy of expanding the role of Iranian currency…

A number of Iranian steelmakers are planning to establish a steel consortium with a 10-million-ton production capacity in the Persian Gulf Mineral and Industrial Special Economic Zone in…

While movie production companies across the world, particularly in Hollywood, are more than eager to announce their film’s budget to create a buzz and signal its quality, in…

Tariffs for transportation of freight through the International North-South Transport Corridor may drop after the completion of a railroad segment connecting two Iranian and Azerbaijani border…

A 70-member trade delegation representing the European Union, including 25 of its high-ranking members, is scheduled to arrive in Tehran on Saturday.

More than 2.52 million tons of agricultural products worth around $2.07 billion were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), a deputy…

The Islamic Republic of Iran Customs Administration said it has successfully conducted a test project of intermodal transportation from Slovenia to Iran under cover of TIR carnets (TIR…

The flat steel import market in Iran continued to be influenced by an unprecedented increase in freight rates sparked by a massive rise in grain shipments to the country.

Tehran Stock Exchange’s main index TEDPIX gained 53 points or 0.1% during the third week of the month that ended on Nov. 8 to close at 87,897.4.

The benchmark index is currently hovering…

Ministry of Roads and Urban Development’s Advisor Gholamreza Salami said new Iranian railroads, including the one linking Chabahar to Zahedan, will be financed under Build-Operate…

Iran will become a net exporter of aluminum from 2019 and plans to increase its domestic production of the metal over the coming years, an official of the Iranian Mines & Mining Industries…

The government has commissioned the construction of €6.3 billion ($7.3 billion) worth of renewable power plants through foreign investment, government's spokesperson said, as Iran takes steps to…

Sony on Wednesday revived its robot dog, Aibo, which it put down, so to speak, in 2006.

The autonomous entertainment robot brings fun and joy to the entire family, Sony claimed, Tech…

A view on social media shared not by some uninformed luddite, but by one of the people responsible for building Facebook into the social media titan it is today, says, “God only knows what it is…