Economy

Injecting liquidity into the ailing Iranian manufacturing units by the government runs counter to the purported aim of lending a hand to the production sector, the head of Iran Chamber of Commerce…

Bank of Industry and Mine and the Paris branch of Tejarat Bank have signed an agreement for extending a credit line worth €25 million ($28.5 million) for importing goods from France.This line of…

Oxin Steel Khuzestan Company is preparing to boost exports to the European Union after the EU commission decided to limit Chinese imports.

Iranian Privatization Organization is putting out the shares of four state-owned companies to tender today (Monday.

It might feel like summer, but a good number of stocks are chilled to the marrow.

Up to 46 companies’ trading symbols are currently frozen on Tehran Stock Exchange and another 53 are barred…

Tehran Stock Exchange’s main index shed 34.40 points or 0.04% to end Sunday trade at 78,765.3.

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

About 377…

Close to 100.3 tons of sunflower seeds worth around 393 billion rials ($104 million) were imported into Iran during the last fiscal year that ended on March 20, 2017.

China, Russia, Austria…

About 160,000 tons of eggs per year are produced in excess of Iran’s domestic demand, the head of board of directors at Tehran’s Union of Producers of Egg-Laying Hen said.

“Annual…

Dredging of Arvandroud river is contingent on salvaging boats and ships submerged during the Iran-Iraq war of the 1980s and this, according to general director of Khorramshahr Ports and Maritime…

More than 1,100 tons of non-oil goods were exported from the port of Kish Island in southern Hormozgan Province during the first three months of the current Iranian year (March 21-June 21),…

Iran’s Agriculture Minister Mahmoud Hojjati arrived in the Italian capital Rome on Sunday at the head of a delegation to attend the 40th session of Food and Agriculture Organization of the United…

A knowledge-based firm in Isfahan has manufactured the first prosthetic leg in the country using 3D printing technology, which is said to be waterproof and has antiskid properties.

The new…

Samsung said Sunday it would start selling a refurbished version of its Galaxy Note 7 smartphone this week following countless recalls of the phone last year due to exploding batteries.

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Payk-e Farzaneh Pooyan, a science-based firm in Fars Science and Technology Park in Shiraz, has launched a new Internet service to boost export of goods and services from Iran.

Farzaneh…

Shahid Beheshti University launched a startup accelerator summer camp on July 2 in Tehran where young businesses can participate in a wide range of programs. During the five-day event, the…

Iran plans to sign a contract to develop its giant South Pars Gas Field with France's Total on Monday, the first major European energy investment since sanctions against Tehran were lifted over a…

Bank Saderat Iran doled out loans worth 232 trillion rials ($6.13 billion) to 212,000 applicants in industries, mining and agriculture sectors in the previous year that ended March 20, 2017, the…

First Vice President Es’haq Jahangiri communicated new regulations to ease the payment process of membership fees in Iran Deposit Guarantee Fund.

The Cabinet approved the changes to…

The US dollar continued its rally in Tehran's market on Saturday, gained about 200 rials and changed hands for 37,920 rials to reach its highest rate since the beginning of the new Iranian year (…

The highly consequential issue of Iranian bank interest rates was the main topic of discussion in the latest event held in Tehran with a broad focus on financial stability. 

A delegation from Iran’s Alborz Province returned from a visit to Germany’s Rhineland-Palatinate on Saturday. As IRNA reported, in meetings with German companies during their weeklong stay, the…

The third Airbus passenger jet Iran has purchased, following the massive deal secured with the European planemaker, operated its first international flight on Friday, Mehr News Agency reported on…

The government has allocated 300 trillion rials ($8 billion) in the current fiscal year (March 2017-18) to spur growth in Iran’s manufacturing sector, Industries, Mining and Trade Minister…

The Department of Fishing in Bushehr has placed a ban on all fishing activities in the southern province’s waters in the Persian Gulf as of July 7 until the start of shrimp fishing season, Abbas…

Around 500 million pens are consumed in Iran annually, of which only 100 million are locally manufactured, the head of Stationery and Engineering Equipment Union said.

"About 400 million…