Economy

Tehran Chamber of Commerce, Industries, Mines and Agriculture has outlined the expectations of private sector from the government in the wake of the recent incendiary remarks made by US…

Deputy Minister of Industries, Mining and Trade Ali Yazdani said exports by Iranian small- and medium-sized enterprises reached $800 million in the first half of the current Iranian year (March…

The Fourth International Exhibition of Bags, Shoes, Leather and Related Industries, also known as MPEX 2017, is scheduled to be held at the Tehran International Fairground from October 25 to 28…

Iran has long relied on its cheap energy costs and abundance of raw materials to sustain its steel industry, having to forego development of new technologies due to years of stringent…

The Iranian National Tax Administration has collected 480 trillion rials ($12 billion) in tax and duties in the first half of the current Iranian year (March 21-Sept. 22), the INTA chairman said…

China is calling on the United States to preserve the Iran nuclear deal reached in 2015, after US President Donald Trump threatened to tear up the agreement.

In a speech on Friday, Trump…

Tehran Stock Exchange’s main index gained 69.30 points or 0.08% to end Tuesday trade at 85,660.

About 630 million shares valued at $70.9 million changed hands for the day.

…

Iran’s egg production constitutes 1.3% of the 70-million-ton global egg production per year, placing the country at 11th place, a deputy agriculture minister said.

More than 310,000 tons of goods worth around $61.5 million tons were exported from North Khorasan Province during the first half of the current Iranian year (March 21-Sept. 22), the director…

The Ministry of Industries, Mining and Trade is planning to gradually introduce a mandatory standards protocol for all Iranian products. Industries Minister Mohammad Shariatmadari made the…

The Iranian government is extending financial support to tackle industrial recession.

According to Minister of Industries, Mining and Trade Mohammad Shariatmadari, the government is…

Board members of the International Feed Industry Federation are scheduled to visit Iran in early 2018 to explore expansion of commercial ties and the possibility of embarking on joint production…

Government-backed Innovation and Prosperity Fund (NSFund) has said it will sponsor local knowledge-based firms to attend international events and expos.

The fund’s director Behzad…

One more vulnerability that is now affecting practically everyone and everything that uses Wi-Fi was revealed on Monday, allowing hackers to decrypt and potentially look at everything people are…

Telecommunication Company of Iran, the country’s only landline service provider, has said it is set to stop issuing paper bills by the end of the current fiscal in March and switch to electronic…

The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in both the open and official markets on Monday afternoon. The rial was quoted…

The Central Bank of Iran has signed an agreement with the Export Insurance Agency of Russia that will pave the way for Russian banks to allocate finance to their Iranian counterparts.

Minister of Economic Affairs and Finance Masoud Karbasian met with top-ranking officials of the Islamic Development Bank as well as his counterpart from Malaysia.

Karbasian met them on…

The Iranian housing sector, which has just entered a pre-boom phase after a five-year recession, will not register a notable fluctuation in home prices in the second half of the current fiscal…

The total value of Iranian banks’ foreign assets by August 22 stood at 2.54 quadrillion rials ($65.12 billion), marking an increase of 10.4% compared with the corresponding period of last year…

More than 1.15 million tons of peach and nectarine were produced in Iran in the current crop year, indicating a 6.8% rise year-on-year.

About 1,840 tons of apparel worth close to $22.75 million were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), indicating a 20% and 24% growth in weight…

Deputy Minister of Industries, Mining and Trade Reza Rahmani said Iran is targeting the export of $600 million, $1.6 billion and $3 billion worth of home appliances in the current Iranian year (…

Fishing season in the northern Iranian provinces of Gilan, Mazandaran and Golestan has begun, as some 10,000 fishermen started catching bony fish in the Caspian Sea, according to an official…

Iran has shut its border crossings with the Iraqi Kurdistan Region. “At the request of the Iraqi government, the Islamic Republic of Iran closed today the border crossings with the Kurdistan…