Economy

Iran’s exclusive exhibition, where more than 60 Iranian companies are showcasing their products, opened on Friday in Karachi, the largest and most populous city in Pakistan. Companies active in a…

Over 1.7 billion tons of mineral reserves have been discovered so far this year, the head of mineral explorations at the Ministry of Industries, Mining and Trade said.

The current Iranian…

The government plans to issue 85 trillion rials ($2.23 billion) of Islamic Treasury Bonds in the near future to fund incomplete projects across the country, the chairman of Iran Planning and…

Tehran Stock Exchange’s main index gained 658 points or 0.9% for the week that ended February 22 to close at 77,847.2.

Iranian weekdays start Saturday and end on Friday. Tehran’s stock…

Russia’s co-chair of the Russian-Iranian intergovernmental commission on trade and economic cooperation announced on Wednesday that Iran has expressed interest in purchasing 12 Russian Sukhoi…

The former capital city of Isfahan will host the 35th International Association of Science Parks (IASP) World Conference in 2018.

Astronomers have found at least seven Earth-sized planets orbiting the same star 40 light-years away, according to a study published Wednesday in the journal Nature. The findings were also…

Microsoft CEO Satya Nadella held a press conference in Mumbai on February 23, where he announced a new version of Skype for emerging markets. 

Called Skype Lite, initially launched in…

Tech giant Samsung Electronics Co Ltd said on Friday it will not be able to nominate a new outside director for a vote in the annual shareholder meeting set for March 24 due to uncertainty…

The parliament has approved a measure on Tuesday to increase the ceiling for using foreign investments in projects, setting the borrowing limit at $50 billion in addition to what is left from…

Iran is determined to quit the blacklist of high-risk countries of the Financial Action Task Force, according to the deputy economy minister for banking and insurance who blamed the country's…

The Central Bank of Iran considers merger as a solution for low-profit banks, “but it will be used only when other options fail to solve the problem”, said the director of CBI’s Office for…

Iranian bank lending portfolio has doubled over the past four years. 

According to the latest report published on CBI’s official website, the total amount of loans in 2012 stood at 1,…

Iran’s commercial attache in Russia has listed the names of five Russian banks that can be trusted by Iranian businesspeople. "Apart from Mir Business Bank, which is owned by Bank Melli Iran,…

Iran has confirmed plans to purchase 12 Superjet-100 Russian aircraft in the near future.

Russian Energy Minister Alexander Novak made the announcement in an interview with Rossiya 24 TV…

Imports of different kinds of feeds for livestock, poultry and fish declined by 13% during the 11 months to February 18 compared with the corresponding period of last year to reach close to 8.4…

The Ministry of Agriculture plans to transfer all vegetable farms to greenhouses within 10 years, a deputy minister said.

“As such, some 10 billion cubic meters of water will be preserved…

Iran’s iron ore concentrate production increased in the first 10 months of the current Iranian year (March 20, 2016–Jan. 19, 2017) owing to better export demand and higher domestic steel…

Tabas Parvadeh Coal Company’s expansion projects put out to tender have attracted investments worth €250 million, according to the company’s development project manager, Omid Fallah.

An economic delegation led by New Zealand’s Primary Industries Minister Nathan Guy is scheduled to arrive in Tehran on Saturday to scope out trade opportunities in agriculture and dairy industries…

Given its strategic geographical position, Iran can act as the facilitator of transportation and transit in the region and the world.

Alborz Province exported agricultural products worth $75 million during the six months to September 21, said the chairman of Alborz Agricultural Jihad Organization.

“In the last Iranian…

Mouteh Gold Mine produced 295 kilograms of gold bars in the 10 months to January 19, registering a 45% growth compared with last year’s corresponding period. The mine’s output for the Iranian…

Iranian steel mills produced 1.52 million tons of crude steel in January, registering an 11.3% growth compared with last year’s similar month. 

By coming into line with the Central Bank of Iran’s attempts to implement IFRS standards, the Iranian banking sector’s structural issues have delivered a painful blow to investors on equity…