Economy

Finland’s Minister of Agriculture and Environment Kimmo Tiilikainen, heading a Finnish business delegation, is due to arrive in Tehran on Saturday for a five-day visit, aimed at “supporting…

While most exhibitors at last week's Mobile World Congress in Barcelona, Spain, were focused on products for personal consumers, a British company has launched a rugged handset aimed at…

Taiwanese electronics company ASUS has announced its official presence in Iran.

In an event held in Tehran on Feb. 25, the company unveiled five of its latest smartphones for the Iranian…

Iranian researchers have produced special nanocomposites applicable in energy, electronics and computer fields, a new study revealed.

According to Iran Nanotechnology Initiative Council,…

Japanese game-maker Nintendo Company slashed its full-year profit forecast due to a stronger yen and weaker-than-expected sales of its 3DS handheld gaming consoles and software. Nintendo said it…

Bank Muscat, the sultanate’s biggest financial institution, plans to open a branch in Tehran, said a senior official of Central Bank of Iran on Wednesday.

The Third International Real Estate and Property Exhibition opened in Tehran Tuesday, where builders are offering units on installment basis in 400 buildings, each with 1 to 100 housing units at…

Iran's Mellat Bank plans to normalize operations of its branch in Seoul as early as next month following the lifting of sanctions, a bank official said Wednesday.

Last month, the US, UN…

The government is planning to issue inflation-adjusted bonds in order to clear its debts, Valiollah Seif, governor of the Central Bank of Iran said late Tuesday.

Despite the implementation of the Money and Credit Council’s directive following the general agreement of lenders to lower interest rates from Feb. 20, misgivings abound over the feasibility of…

Iran Fara Bourse edged up to finish the week at its highest in 15 months on Wednesday, again shining brighter than its larger rival, Tehran Stock Exchange.

TSE continued its slumber on the…

Vermicompost is the product or process of composting using various worms, usually red wigglers, white worms and other earthworms to create a heterogeneous mixture of decomposing vegetable or food…

Over 3.2 million tons of crude steel and steel products were exported during March 2015-Jan. 2016, indicating a 23% increase compared with the corresponding period of last year, Iranian Mines and…

Iran’s Kish South Kaveh Steel Company is making major investments for expanding production capacity that will lead to the creation of 1,000 jobs, as a supply chain is developed to support the…

During Iranian President Hassan Rouhani’s high-profile tour of Italy and France in January, his investment push focused primarily on one area: infrastructure. This was no surprise; Iran requires…

Farmers in Mazandaran and Gilan provinces have produced 87,000 tons of fresh tea leaves in the current Iranian year (ending March 19, 2016), 33% more than last year’s yield, according to Iran Tea…

Over 70 million tons of goods were loaded and unloaded in the ports of the southern Hormozgan Province during the 10-month period ending January 20, with non-oil commodities accounting for 43.56…

Iran is targeting an average annual growth rate of 5% in its agriculture sector as part of the sixth five-year development plan (2016-21), says Deputy Minister of Agricultural Jihad Abdulmahdi…

The goods and services Consumer Price Index for urban areas in the 12-month period ending February 19, which marks the end of the Iranian month of Bahman, increased 12.6% compared with last year’s…

Last month, history was made as the West lifted resource and financial sanctions imposed on Iran. The effect of that, in terms of commerce, was immediately evident, as Iranian President Hassan…

Rolls-Royce is replacing the $386,000 Phantom limousine, the brand’s first model built under BMW AG’s ownership, after a 13-year run as the maker of ultra-luxury cars switches to building vehicles…

Subaru, which has quietly grown its sales in the US over the last 10 years, is now winning praise for the quality and reliability of its cars and crossover utility vehicles.

The Japanese…

PSA Peugeot Citroen will set new growth goals after cost-cutting and recovering demand in Europe helped the French automaker beat targets set two years ago following a bailout.

Automotive…

It looks like we finally know what the 2013 BMW Pininfarina Gran Lusso Coupe concept was all about.

Autocar reports that BMW will resurrect the 8 series, dormant since 1999, in four years…

The Iranian Auto Parts Manufacturers Association and Germany’s Bavarian Industry Association signed a memorandum of understanding to cooperate in the production of automotive parts, a member of…