Economy

South Korean, German, Italian and French banks will soon start funding domestic mining projects, the president of Iranian Mines and Mining Industries Development and Renovation Organization…

The International Institute for Applied Systems Analysis has inducted Iran as its 24th member state.

Researchers at Sharif University of Technology have optimized bio solar cells with the help of protein in jellyfish at a laboratorial scale to replace the older generations of solar cells.

No one likes going to the doctor, so the popularity of online medical sites should come as no surprise.

According to Gizmag, Google is making efforts to return more relevant and trustworthy…

The Iranian Space Agency has announced plans to build satellites and place them into the geosynchronous equatorial orbit in the next 10 years.

GEO is a circular orbit 35,786 kilometers…

The groundwork has been laid for launching three joint research projects with European Union countries, said the minister of science, research and technology. Speaking in a conference in Kashan…

Iran’s Innovation and Prosperity Fund has lifted the cap for financing knowledge-based companies from 200 billion rials ($6.5 million) to 300 billion rials ($9.8 million).

Behzad Soltani,…

The government has purchased more than 4.2 million tons of wheat worth over $1.5 billion from local farmers since the beginning of the harvest season in early April, which indicates a 20% increase…

Some 200,000 head of livestock produced by Iran’s nomadic tribes were exported in the first two months of the current Iranian year (started March 20), according to the head of Iran’s Nomadic…

The lifting of sanctions on Iran creates both opportunities and risks for the Turkish economy, according to the head of Turkey’s Foreign Economic Relations Board known by its Turkish acronym DEIK…

Iran and Ukraine surveyed ways of expanding cooperation in a wide range of sectors, including agriculture, aviation, chemicals and banking, in a meeting held in Tehran on Sunday. The meeting was…

The construction of Tehran-North Freeway, which is to connect Tehran to the city of Chalous in northern Mazandaran Province, requires 80 trillion rials ($2.3 billion at market exchange rate),…

The government needs to support the domestic textile industry by offering cheap loans to manufacturers.

The statement was made by Ahmad Kimiaei-Asadi, a member of Tehran Chamber of Commerce…

Japan’s Sumitomo Mitsui Bank is opening letters of credit for traders willing to work with Iran in cooperation with Saman Bank. The credit is available only in yen for Japanese entities, Saman…

With the goal of speeding up the execution of the government’s plans for creating economic momentum and easing the recession, Bank Melli Iran has issued a directive to all its branches,…

As the opening up of Iran's economy to global entrepreneurship and trade continues after years in the wilderness – something Morgan Stanley described as the biggest thing for the global economy…

Iran's ambassador to Berlin says the Hermes cover debt has been repaid and as a result, Euler Hermes coverage will resume soon.

The Export Guarantee Fund of Iran, the state-run export credit agency has been monitoring Russian companies’ creditworthiness in line with Iran’s plans for boosting trade with that country, said…

Tehran Stock Exchange’s benchmark index shed 412.90 points or 0.57% to close at 72,615 on Monday. Losing oil and gas, steel and mining companies were the main force behind the benchmark’s downfall…

The first phase of a major steel plant in Chaharmahal-Bakhtiari Province has become operational, according to the governor general of the province, Qasem Soleymani Dashtaki. The plant. established…

Equities had their worst month so far this year, with both Iran’s stock exchanges adding to losses incurred during the prior two months.

The first quarter has been awful for stockholders,…

Ubar Mining International LLC, a newly established Omani company, has acquired a 70% stake in an Iranian antimony mine.

The government has announced a new ruling regarding certain imported cars.

The administration has ruled that "all vehicles imported to Iran under a valid order issued in the import order…

Volkswagen will stop producing more than 40 car models in the coming years, as part of a new strategy by Europe's biggest automaker, German newspaper Handelsblatt reported on Saturday.

Toyota Motor Corp is targeting developing in the next five years driver assistance systems that integrate artificial intelligence to improve vehicle safety, the head of its advanced research…