Economy

Iran’s huge gas reserves have been a boon to the domestic steel industry. For years, Iranian steelmakers have relied on cheap gas feedstock to boost production using direct-reduced iron, believing…

Activities in Shahid Rajaei Port over the 11 months to February 18 increased 35% compared with last year’s corresponding period, the head of Iran’s Ports and Maritime Organization said.

French telecoms network operator Orange will continue to see slow growth in revenues in the Middle East and Africa this year as it continues to negotiate entry to Iran’s market.

The company…

Many new phones have been released at this year Mobile World Congress in Barcelona, but one new phone is getting journalists and tech enthusiasts over excited.

Sony’s Xperia XZ Premium is…

The heir to the Samsung electronics empire and four other top executives from the world’s biggest smartphone maker were indicted February 28 on multiple charges including bribery and embezzlement…

An Iranian website nahantavan.ir (hidden potential in Persian) has been launched with the goal of helping the physically challenged to find work.

Preliminary findings of this year's National Population and Housing Census will be released today, Omid Ali Parsa, the head of Statistical Center of Iran, said.

Money supply has reached 11,966 trillion rials ($316.5 billion) by January 19, 2017, to mark a 26% surge compared with the same period of last year, said the Central Bank of Iran’s governor.

India’s ambitious plan to develop Chabahar Port in Iran has hit yet another snag—over what is being seen as an inordinate delay on the part of Iran to seek a $150 million loan from India.

Iranian and Iraqi officials in Tehran discussed further expansion of bilateral banking ties.

President Hassan Rouhani described the restoration of market stability after a period of upheaval as the biggest achievement of his nearly four-year tenure that will end in August.

More than 200 million ornamental fish were produced in Iran over the nine months to December 20, an expert with Iran’s Fisheries Organization said.

“Goldfish accounted for some 80 million…

Iron and Steel Society of Iran is organizing its 20th International Steel Exhibition in the city of Tabriz in East Azarbaijan Province from February 28 to March 1.

Close to 119,000 jobs were created in Iran’s industrial parks since President Hassan Rouhani took office in August 2013, the head of the public relations of Iran’s Small Industries and Industrial…

A Danish delegation, including representatives of the country’s aviation companies, arrived in Tehran on Monday for a three-day visit. Ramboll, Copenhagen Airports CPH, ege, TKH Group, power stow…

Some 4,000 kilometers of railroads are under construction in Iran, according to the deputy for construction and development at the Islamic Republic of Iran Railways.

People who did not find time to visit Iran’s solo trade exhibition, which began at the Expo Center in Karachi on Friday, rushed to the venue on Sunday.

In fact, they were so keen to visit…

When incomes drop and family budgets decline, food choices shift toward cheaper but more energy-dense foods. The first items dropped are usually healthier foods—high-quality proteins, whole grains…

New Zealand has signed an agreement with Iran for the resumption of meat exports to the second-largest economy in the Middle East and North Africa region.

Mobarakeh Steel Company expects to sell 76% of its products during the next fiscal year (March 2017-18) in the local market.

Iran Mercantile Exchange was listed on the over-the-counter exchange Iran Fara Bourse on Sunday. Head of IFB Amir Hamouni and IME chief, Hamed Soltani-Nejad, attended the inaugural ceremony at the…

Land Rover has confirmed that its new model will be called the Range Rover Velar – and revealed that the coupe-SUV will be positioned between the Evoque and the Range Rover Sport in the line-up.…

The Ministry of Industries, Mining and Trade has released the latest data on car production during 11 months of the current fiscal year that ends in March.

In the period a total of 1,224,…

Representatives from PSA Group’s Peugeot have toured several third-party auto parts companies in the northwestern city of Tabriz recently in a bid to incorporate additional local parts makers in…

Iran Khodro Group’s (IKCO) deputy director for exports says  his company plans to help modernize Kazakhstan’s taxi fleet with Iranian sedans.

“Negotiations regarding the modernizing…