Economy

The Tourism Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture discussed the importance of adopting Friday and Saturday as Iranian weekend holidays in its latest meeting…

A forum on halal business prospects in Iran opened in Kuala Lumpur on Tuesday with the aim of promoting investment in the increasingly lucrative sector and boosting halal trade between the two…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh inaugurated the Iran-EU Trade, Economic and Industry Center in Berlin on Monday.

The government will allocate 9,490 billion rials (over $270 million) to 49 major projects in West Azarbaijan Province over the next two years, the head of Management and Planning Organization said…

Online movements in May registered several changes inside Iran, with many new names and terms being searched by the nation.

Quite surprisingly, an Android App store became the most searched…

ASUS took the wraps off the latest generation of ZenFone handsets at its Computex 2016 press conference in Taipei.

The ZenFone 3 series with three phones is positioned with a variety of…

Tesla, more noted for its automotive prowess, is believed to be officially opening it "Gigafactory" on July 29, according to several financial magazines in the US. A Gigafactory, as named by the…

German Firms will invest 25,000 billion rials (around $719 million) in two major industrial projects in Fars Province, says the head of Industries, Mining and Trade Organization of the province.…

The price of basmati rice has climbed on rising demand from Iran, which plans to ban inbound shipments of India's signature grain.

According to Mohinder Pal Jindal, president of All-India…

A decree by the Central Bank of Iran says the Qarzol-Hasaneh (microcredit) funds should not charge loan application fees higher than four percent, ISNA reported. According to a CBI inspector…

The International Monetary Fund and Iran have had "a long and important relationship" says David Lipton, first deputy managing director of the Washington-based lender who was in Tehran recently…

A revised version of the Banking Reform Bill will soon be sent to the parliament by the central bank, according to Ali Divandari, head of Monetary and Banking Research Institute.

In an…

Tehran Stock Exchange’s main index inched up 44.50 points or 0.06 to end Monday trade at 76,431.5. Gains by large-cap petrochemical and shipping companies as well as banks were mostly negated by…

Demand for iron ore in the domestic market will rise later in the year, the head of Iranian Mines and Mining Industries Development and Renovation Organization said.

Mehdi Karbasian also…

Germany is taking steps to reassert its stamp on Iran’s sanctions-hit economy through the first-ever edition of AMB—a specialized exhibition for the machine tools and metalworking sector—which…

Iran’s elevator market value stands at 250 trillion rials ($7.2 billion at market exchange rate) per year, said the chairman of Iranian Syndicate for Elevator and Escalator Industries. Mohammad…

Iran and Poland have signed three memorandums of understanding to promote bilateral trade relations.

Polish Chamber of Commerce signed two preliminary agreements with Iran’s Social Security…

Some 100,000 tons of red meat worth $425.9 million were imported from China, Germany, Australia, the UAE, Brazil, Turkey, Oman and the Netherlands in the last Iranian year (March 2015-16),…

Tehran and Lisbon discussed ways of boosting bilateral economic ties. In a meeting with Mohammad Khazaei, president of the Organization for Investment, Economic and Technical Assistance of Iran…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh arrived in Berlin early Monday to meet Germany’s Vice Chancellor and Economy Minister Sigmar Gabriel and former chancellor Gerhard…

Producer Price Index in the 12-month period ending May 20, which marks the end of the Iranian month of Ordibehesht, increased by 4.3% compared with last year’s corresponding period, according to…

Iran’s Persian carpet industry is hopeful of a comeback after years of crippling international sanctions on exports caused millions of dollars in losses for the trade and economic hardship on…

The possibility of free trade between Iran and members of the Eurasian Economic Union was surveyed in Moscow in a meeting between a delegation from the Trade Promotion Organization of Iran and a…

Iran's Competition Council, the body responsible for setting vehicle prices, gave the go-ahead last week to domestic carmakers allowing them to increase car prices.

The council announced…

The M3 has turned 30 and to celebrate the milestone, BMW has presented the 30 Jahre Edition based on the current model. A sports car based on the BMW 3-Series platform, the M3 30 Jahre Edition (…