Economy

Preliminary agreements to revise the existing preferential trade pact between Iran and Turkey were reached by the two sides during the recent visit of Turkish Minister of Economic Affairs Nihat…

The Iranian Red Crescent Society’s Medical Procurement Organization will send 60 tons of medicines and medical equipment, including 350 types of medications and 500 medical equipment, to Saudi…

Non-oil exports, excluding gas condensates, saw a 21% rise during the first four-year presidential term of Hassan Rouhani (started August 2013) compared with the previous government to reach $140…

Tehran Stock Exchange’s main index inched up 72.10 points or 0.09% to end Monday trade at 79,692.9.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

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easyHotel has announced plans to open branches in Iran with an anticipated 500 rooms.

The Asian Football Confederation has some worrying news for Iranian football clubs.

AFC’s inspectors are expected to visit the country to carry out special investigation into the documents…

Direct-reduced iron was transported to an Iranian steelmaker via railroad for the first time in the country.

Coming from Ardakan Steel Complex in Yazd Province’s Ardakan County, the supply…

Iran Mercantile Exchange is planning to debut real-estate trading by the end of the current fiscal year (March 20, 2018) to help the domestic  housing sector exit recession, according to IME…

Steel prices have been on the rise in Iran since early this fiscal year (started March 21) on the back of changing local and global dynamics.

The growth, although welcomed by steelmakers,…

Japan's Toyo Engineering Corporation on Monday signed an agreement with the National Iranian Oil Company and Petropars to develop the offshore Salman oil and gas field in the Persian Gulf.

The Shiraz Auto Exhibition opened on Tuesday at the Fars International Permanent Fairground, hosting a large number of local and foreign automakers and importers.

Carmakers will…

Chinese carmaker Chery has begun production of its latest and most expensive SUV the Tiggo7 in Iran’s southern Arg-e-Jadid Special Economic Zone near Bam in Kerman Province.

Chery has…

The judiciary is set to push forward with a national scheme to significantly reduce the number of car thefts in the country.

Head of the judiciary’s Crime Prevention Bureau Alireza Savari,…

French carmaker Renault’s production and sales outlets in Iran sold 68,365 vehicles in the first-half of the current year giving the French carmaker a significant boost in profitability. Renault…

Iran’s Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh signed a memorandum of understanding with Iraqi labor and social affairs minister and caretaker of industry and minerals…

The Iran-Brazil Chamber of Commerce convened on Sunday for its inaugural meeting with the board of directors and selected Kaveh Zargaran as the head of the chamber.

Zargaran is currently…

Central Bank of Iran’s Governor Valiollah Seif met with Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong on Sunday in Tehran, during which he called for establishing strong banking…

Iran imported 510,000 tons of oil and non-oil goods through its land borders during the three months to June 21. Exports from land borders during the same period stood at 1.653 million tons.

Iran’s flagship flat steel producer has taken control of one of the country’s largest mining investment companies and extended its reach in the industry.

By holding a 37% stake in Mines and…

The first application offering data on Iran’s capital market was released this week by Iran Financial Center. The Iran Financial Databank app is now available on IOS, Apple App Store, Google Play…

About 78,000 tons of fresh tea leaves worth 1.55 trillion rials ($41 million) have been purchased from farmers by the government at guaranteed prices, the head of Tea Organization of Iran said on…

Iran is planning to use drones to control road traffic as of the second half of the current Iranian year (starting Sept. 23).

“Traffic in parts of Iranian roads will be controlled by drone…

Egg exports from Iran have recently come to a halt, as the country is not able to conclude deals with foreign markets due to its high base prices, rendering the Iranian product uncompetitive in…

The ninth session of Iran-Vietnam Economic Commission was held in Tehran on Sunday. It was co-headed by Vietnamese Minister of Agriculture and Rural Development Nguyen Xuan Cuong and Iran’s…

About $650 million worth of goods were exported from Varamin County on the outskirts of Tehran Province in the last Iranian year (March 2016-17), registering a 10% increase compared to the year…