Economy

Iran Economic and Investment Opportunities Forum is scheduled to be held in Tehran on November 25-28 to help introduce $35 billion worth of investment opportunities in Iran’s economy to the…

Contraband household appliances are now up for sale online and through social networks, the head of Iran Home Appliances Association said.

Mohammad Tahanpour also told IRNA that the…

Close to 1,000 tons of gelatin worth more than 197.6 billion rials ($6.1 million) were imported in the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…

Iran has weighed filing a suit against Turkmenistan for cutting off its natural gas supply at the end of last year, but Iran's state gas company prefers to discuss and settle the dispute outside…

The year-to-date revenues of the Islamic Republic of Iran Customs Administration stand at over 170 trillion rials ($4.25 billion), of which import duties account for 125 trillion rials ($3.12…

During a meeting between the head of Majlis Domestic Production Support Commission and the head of Malaysian Parliament in Kuala Lumpur, the resolution of Iranian traders’ banking issues in…

As the Iranian banks move to connect to their international peers, some fundamental structural reviews are called for in order to strengthen their corporate governance and realign their…

Following the policy of promoting life insurance, the president of Central Insurance of Iran announced that the High Council of Insurance has issued the license for the establishment of another…

Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in…

The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry opened in Tehran on Saturday.  According to Mohammad…

With up to 110 stage plays every year, Iranian theater is no longer a small-scale economic activity, a prominent theater director said.

Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth…

Tehran Stock Exchange’s main index added 23.70 points or 0.03% to end Saturday trade at 87,868.6.

About 1.36 billion shares valued at $46.045 million changed hands on Sunday.

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A total of 1,654 tons of coffee worth $4.25 million were imported from 14 countries, including the UAE, Vietnam, India, Indonesia, Turkey and Italy, during the first half of the current Iranian…

Around 12,300 hectares of citrus fruit orchards in Mazandaran have been insured in the current Iranian year (started March 21), registering a threefold increase compared with last year when…

Close to 215 tons of women’s socks worth 69.4 billion rials ($2.13 million) were exported from Iran during the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…

The Islamic Republic of Iran Customs Administration’s latest report on Iran’s foreign trade during the seven months since the beginning of the current Iranian year (March 21-Oct. 22, 2017) show…

Household final consumption expenditure, excluding tax payments and premiums, of those living in Tehran Province, wherein lies the capital city, is about 1.5 times more than those living in…

The Iranian Parliament is determined to work in conjunction with the government to remove top three high-income deciles of Iranian households from the list of cash subsidy recipients in the…

Iran's potentially lucrative oil and gas deals with Russian companies will help defuse US President Donald Trump's "unilateralism" and his efforts to scrap Tehran's nuclear deal with world…

Iran’s state grains buyer Government Trading Corporation has issued an international tender to buy 30,000 tons of rice to be sourced from India, European traders said on Wednesday.

The…

Around 1.7 million tons of sugar are estimated to be produced in the current Iranian year (started March 21) to register a 6% increase compared with last year, the executive of the Sugarbeet and…

For the first time since the 1979 Islamic Revolution, the government has allocated up to 3.5 trillion rials ($87.5 million) out of revenues earned from value added tax for the development of…

Germany’s Commercial Center affiliated with Iran-Germany Chamber of Commerce opened in Tehran on Thursday.

According to chairman of the joint chamber, Omid Yaraqi, the center will…

Iran sees the potential to raise its crude oil production capacity by more than 50% in the long run, while plans are in place to ramp up output to 4.5 million barrels per day in four years.