Economy

About 100 Iranian companies are expected to take part in Iran’s three-day exclusive trade and industrial exhibition in Turkmenistan, which opens in Ashgabat on Monday, with the aim of promoting…

Afghan Commercial Counselor in Iran Abdulhamid Farhang has invited Iranian economic players to embark on joint investments in Afghanistan, saying the country is in dire need of infrastructure.…

Besides oil, sanctions imposed against Iran over the past decade to curb its nuclear program hurt the country's second largest export: the iconic Persian rug.

Experts believe that although Iranian steel plants have been long in the game, they have never grown large enough to realize the industry’s true potential, as there are too many steel factories…

A container ship affiliated with the Islamic Republic of Iran Shipping Lines berthed at South Korea’s biggest port city of Busan on Monday, marking the first time the freighter has made a call at…

Iran’s Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh has announced that an agreement has been reached an Iranian automaker to launch a project in Oman.

Renault's automatic Logan model (L90 Tondar) in the local market has had a 20-million-rial increase, according to the local automotive website Asre Khodro. According to Alireza Pourhassani, a…

The president of a multinational engine provider said Iran could become the center of automobile industry in the Middle East, had the sanctions not prevented the country’s progress in the field.…

Iran Khodro Company, the country's largest auto manufacturer, has produced 452,800 cars during the 11-month period ending February 19.

With a total of 107,846 units, Peugeot 405 holds the…

A new report states that due to the increase in availability of credit for purchasing new cars and the rise in competition, the value of secondhand vehicles in Iran is starting to drop. Eghtesad…

Shahr Innovation and Development Company, affiliated to Bank Shahr (city bank), has launched a “face banking” service, allowing customers access to banking services through biometric features like…

The real estate leasing scheme is in its final stages, Asghar Mirmohammad Sadeghi, Central Bank of Iran’s deputy for credit affairs, said on Sunday.

Imam Sadiq University will hold the first International Conference on Urban Economy in April in cooperation with Iran’s Urban Economic Scientific Association. The event will focus on the economy…

Director of the Gold and Jewelry Producers and Exporters Union has voiced growing concern over the adverse effects of the illegal import of foreign jewelry into the market.

About 55,360 tons of phosphate concentrate were produced by Iran’s main producer of the processed mineral, Esfordi Phosphate Industrial and Mineral Complex, from March 2015 to January 2016,…

Stocks retreated for the second day in Tehran on Sunday, as a rout in banks pulled down the index.

Tehran Stock Exchange's main index, TEDPIX, slid for the second day. The benchmark closed…

Solar energy is the most abundant source of energy in the world, which is not only an answer to today’s energy crisis but also an environmentally friendly form of energy.

Solar panels,…

Iran’s Minister of Roads and Urban Development Abbas Akhoundi met Oman’s Foreign Minister Yusuf bin Alawi bin Abdullah as well as Minister of Commerce and Industry Ali bin Masoud bin Ali al-…

Iran’s southern Chabahar Port has the potential to turn into a commercial hub for Afghan and Iranian traders, given its location on the coast of the Sea of Oman and its high capacity for loading…

Major changes are underway for the country’s aviation industry, following the initial lifting of sanctions on Iran on Jan. 16.

The first new Iranian aircraft orders for over three decades…

The goods and services Consumer Price Index for urban areas reached 11.8% in the 12-month period ending February 19, which marks the end of the Iranian month of Bahman, compared with last year’s…

Well-known Internet hotel booking service Booking.com has begun listing Tehran's hotels on its website for the first time. The two locations include Ferdowsi Grand Hotel and Tehran Grand Hotel.…

Samsung Electronics has unveiled innovation that is making a meaningful difference in people's lives in Middle East and North Africa.

According to a new research project by an American tech analytics firm, global smartwatch shipments reached 8.1 million units in Q4 2015, compared with 7.9 million Swiss watch shipments.

Sharif University of Technology will be hosting an international event known as Sharif Artificial Intelligence Challenge 2016.