Economy

Secretary-General of the Federation of Iranian Food Associations Kaveh Zargaran was elected a member of the board of directors of the International Sunflower Oil Association.

Close to 4,690 tons of orange juice worth more than $9.4 million were imported from 11 countries in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…

Construction permits will no longer be issued for new shopping centers in District 1 of Tehran Municipality, the mayor of the district said.

From its headquarters in Calabria, the poorest, least-developed region in Italy, Gruppo Ventura looked out on the world and spotted a potentially lucrative growth opportunity: Iran.

The…

Customs officials at Khorasan Razavi Province’s Sarakhs, the northeastern city along the Iran-Turkmenistan border, have seized 2,990 kilograms of copper ingots concealed in two trucks carrying a…

The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad (May 22-June 21), increased by 8.2% compared with…

Syria is ready to establish a rail link with Iran through Iraq, Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil said.

The proposal was made during a meeting with…

About 200 billion rials ($4.76 million) have been allocated from the National Development Fund of Iran for building and equipping a new flower and plant export terminal, which will soon become…

Iranian steel mills produced 10.14 million tons of crude steel during the first five months of 2018, up 24.3% compared with last year’s similar period, the latest report released by World Steel…

The Federation of Iranian Food Industries Associations is planning to hold two concurrent food-related exhibitions, namely the Ninth International Beverages, Coffee & Tea Industry Exhibition…

Iranian MPs have voted to increase financial transparency of non-governmental public entities by mandating them to publish their financial reports.

The relevant bill received…

Tehran Stock Exchange’s main index gained 528.51 points or 0.49% on Saturday to end trading at 109,401.4.

About 1.62 billion shares valued at $120.17 million changed hands at TSE for the…

India is trying to make the strategic Chabahar Port in Iran operational by 2019, Indian Union Minister Nitin Gadkari has said in Dushanbe, Tajikistan.

Gadkari was on a two-day visit to…

A controversial request entailing issuance of license plates for thousands of carburetor-equipped motorcycles was declined by the Cabinet, Department of Environment deputy Masoud Tajrishi…

Tehran Metro CEO Farnoush Nobakht has announced that five stations in Line 7 are set for relaunch in the coming days. 

Volkswagen is reviewing whether to seek damages from former director Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member…

Seventy days after the government decided to unify the US dollar's exchange rate at 42,000 rials and assure importers that all hard currency needs would be fulfilled at that rate, it is…

Central Bank of Iran’s Governor Valiollah Seif discussed the proposal of establishing a joint bank with Syria. 

The Central Bank of Iran has published its latest report on the lending portfolio of banking system, which shows that all banks and credit institutions doled out a total of 689.5 trillion rials…

During a one-day visit to Slovakia, Iran’s Economy Minister Masoud Karbasian met with the country’s deputy prime minister and finance minister, Peter Kazimir, to discuss the improvement of…

The latest National Population and Housing Census conducted in March 2016-17 show Iran has 1,753,960 households headed by single parents (or 7.2% of the total number), of which 83% are headed by…

More than 4,000 tons of cigarette paper worth 474.8 billion rials ($14 million) were imported into Iran during the last Iranian year (March 2017-18), data released by the Islamic Republic of…

Although Iranian athletes and celebrities initiated the “I don’t buy” campaign in good faith, it is doomed because of a combination of several factors.

This was stated by veteran…

The Seventh International Exhibition of Elevators, Related Industries and Equipment, also known as ‘Iran Liftex 2018’, is scheduled to open at Tehran’s International Fairground on July 19, the…

About 50% of Iran’s non-oil exports to neighboring Iraq are carried out via Parvizkhan border crossing in the western Kermanshah Province, the deputy governor of Qasr-e Shirin for political and…