Economy

Tehran Elites Foundation commemorated the scientific contributions of the late Dr. Gholamhossein Mosaheb, the father of Iran's modern mathematics.

Japan's Robot Taxi aims to forge partnerships with carmakers to develop a driverless taxi service in time for the 2020 Olympics, the technology company said, holding its first tests on public…

An Iranian academic delegation currently visiting Baghdad signed an agreement with the most prestigious Iraqi university of Baghdad to cooperate in scientific and research fields.

The…

Toothpaste maker, Signal, has launched an online competition through Instagram social network asking users to show off their teeth.  The competition is one of the latest by international…

An official Bulgarian delegation, headed by the country's minister of Transport, Information Technology and Communications Ivaylo Moskovski, will arrive in Tehran on March 6 in a four-day visit…

Rail freight transit recorded a 120% surge in the 11 Iranian months ending Feb. 19, compared with last year’s corresponding period, IRNA quoted Hossein Ashouri, deputy head of the Islamic…

Iran has exported 45,700 tons of livestock in the current Iranian year (to end March 19, 2016), showing a 48% increase compared to last year, said an official with the Ministry of Industries,…

A mission from the United Nations Conference on Trade and Development, headed by Joakim Reiter, deputy secretary-general of UNCTAD, discussed issues of mutual interest with Iranian officials. The…

About 1,500 convertible balconies, the latest product of Caspian Noavaran Sanat Mazand Company, will be annually exported to Russia in the next Iranian year (starting March 20, 2016), IRNA…

Singapore and Iran signed a bilateral investment treaty to bolster bilateral trade and investment in Tehran on Monday.

The treaty was signed by Singapore's Minister for Trade and Industry S…

Iran is planning to eliminate trade deficit in the food sector, the agriculture minister said.

“In the agriculture sector, we have focused on the food trade balance. We are trying to push…

Sina Insurance, affiliated to Sina Bank, will soon start online selling auto  third-party insurance through mobile applications. Amin Shirkhani, the company’s managing director, said that the…

Banks will issue Japan’s JCB cards for Iranian customers by September, head of the Central Bank of Iran’s department for payment systems said Monday.

Ministry of Cooperatives, Labor and Social Welfare has made changes to regulations for housing cooperatives, reducing their license validity to five years and cutting the maximum number of members…

The property market is about to enjoy a relative boom in the coming fiscal year (starting March 20), a housing expert has predicated.

The Central Bank of Iran transferred $780 million to the International Monetary Fund through SWIFT interbank messaging system in order to increase Iran’s quota with the international lender. The…

Tehran Stock Exchange’s main index TEDPIX retreated 194.60 points or 0.25% to end at 77,539.2 points on Monday, as the morbid mood in equity markets persisted and led to a decline in 60% of the…

Iran’s first rare-earth ingot with a purity grade of 99%, also called Mischmetal, was unveiled during a ceremony attended by Vice President Sorena Sattari, head of Atomic Energy Organization of…

Businesses could not have hoped for a better result from Iran’s parliamentary elections, as the new parliament is the first pro-business one in a decade.

Gains by reformist candidates in…

Iran's Ministry of Roads and Urban Development is selling 24 trillion rials ($685 million at market exchange rate) of Islamic bonds to expand Iran's transport infrastructure early March.

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Iran’s third exclusive exhibition will be held in the Afghan capital of Kabul on March 2, with over 100 Iranian companies participating in the event.

In the four-day exhibition, Iranian…

Chinese car manufacturers will have to leave Iran, if they fail to increase the share of local content in their production plans for Iran, a deputy minister said.

The contract framework between France’s Renault and Iran’s second largest carmaker SAIPA will soon be finalized, a deputy minister said.

Audi expects its Q7 e-tron plug-in hybrid to stand out from a fast-growing list of competitors that includes BMW, Mercedes-Benz, Porsche and Volvo because of the investments it has made in the SUV…

The Central Bank of Iran has made an announcement saying it is the sole authority when it comes to regulating the foreign exchange market and setting the record straight on the operation of…