Economy

Most people go to visit the sick with several compotes or canned products, while the canning industry was originally set up to prevent food wastage and feed people in times of crisis such as war…

Tehran Stock Exchange will expand its repertoire of companies, bonds, exchange-traded funds and probably introduce derivatives on stock portfolios in the upcoming Iranian year (starting March 20…

Opel’s Astra, a long trusted small hatchback model, has been officially named Car of the Year for 2016, according to several European auto journalists.

Iran exports high-quality automobile components to 40 countries, a member of the Iranian Auto Parts Manufacturers Association said.

Farhad Behnia also told a press conference on Tuesday…

Subaru has unveiled a next-generation vehicle platform it says will improve safety and driving performance while keeping the small Japanese automaker competitive through 2025.

Around 5,000 members of a trade union at Romania’s Automobile Dacia protested on March 7, unhappy that the authorities have not started work on a highway connecting the southern part of the…

Ahmad Pourfallah is the first Iranian businessman to win the Leonardo International Prize, a sign of the new direction of Italy’s relationship with Iran after the lifting of nuclear sanctions.

Iran’s saffron production will double over the next 10-15 years, says National Saffron Council member, Ali Hosseini. According to the official, domestic saffron production stands at about 300 tons…

Iran is ready to export nuts, vegetables and fruit to Ukraine, said a deputy minister of agriculture. Ali Akbar Mehrfard made the statement on the sidelines of a ceremony where Iran and Ukraine…

Iranian airline Zagros has reached preliminary agreements with Brazilian plane manufacturer Embraer for the purchase of 20 135-seat passenger planes, according to the carrier’s CEO, Houshang Sadiq…

Forwarders expect Iran to offer a medium-term demand boost and many are gearing up for new business, as they seek to expand operations in the country of some 80 million people.

The number of trading codes issued for foreign traders at Iran’s equity markets has reached an unprecedented total of 550, with 200 of whom having been registered in the current Iranian year (to…

The world’s largest steelmaking company, ArcelorMittal, is going to invest in Iran’s steel industry after the Luxemburg-based giant signed a contract with Bonab Steel Industry Complex, a…

Tehran Stock Exchange’s all-share index TEDPIX inched up 61.60 points or 0.08% to close Tuesday trade at 78,220.

More than 2.8 billion shares valued at $148 million were transacted, as the…

With a population of 31 million, 90% of whose demand are sourced from abroad, the Afghan market has for long been an interesting destination for Iranian exporters.

Iran took a meaningful stride toward upgrading its banking and financial laws closer to international standards with the Guardians Council ratifying a long-pending bill to counter money laundering…

Woori Bank Co., one of the major commercial banks of South Korea, reached a non-binding agreement with an Iranian bank to dispatch staff to provide financial services for Korean companies doing…

Talks have been held with Emiratis over launching banks in Aras Free Trade-Industrial Zone, located in East Azarbaijan Province, said managing director of Aras FTZ on Tuesday. Mohsen Arab-Baghi…

Representatives from Bulgarian banks are in Tehran to discuss the reestablishment of banking relations between the two countries, Bulgaria’s Deputy Minister of Economy Lyuben Petrov said on Monday…

Europcar, a French car rental company, has just added Iran to their database on their main .com website. The newly-added cities include Bandar Abbas, Isfahan, Mashhad, Shiraz and both Tehran…

A new online project to support minority languages has been launched. The first such project is Sozluk.ir a Turkmen to Persian dictionary, according to Webna. The site, launched on the back of…

China's Foreign Ministry expressed anger at the US Commerce Department's plans to place export restrictions on Chinese telecoms equipment-maker ZTE Corp. for allegedly violating US export controls…

With her brown hair, soft skin and expressive face, Nadine is a new brand of human-like robot that could one day, scientists hope, be used as a personal assistant or care provider for the elderly…

The Central Bank of Iran is developing a set of criterion for assessing domestic banks which will be ready in the next fiscal year (starts March 20), said Akbar Komeijani, the bank’s vice-governor…

Network International, the largest payments processor in the Middle East and Africa, could begin working with some of Iran’s largest banks this year, the company’s chief executive told Reuters on…