Economy

The Second Exhibition of Iranian Producers’ Participation in Metro Industry aka Rinex 2016 will be held in Tehran’s Goftegou Park in January 17-19. The event is organized by Tehran Urban and…

Iran’s saffron, pomegranate, pistachio and concentrates of pomegranate and Damask rose have secured the organic certification from the European Union, says the head of the Organic Association of…

The Australian Trade Commission, aka Austrade, plans to send a trade delegation to Iran next year to increase bilateral trade, says Australia’s Ambassador to Iran Paul Foley. Austrade, a state-run…

Seeking to capitalize on the easing of western sanctions on Iran, China's railroad authority has proposed a high-speed rail line for both passengers and cargo connecting the country's northwest…

Parliamentarians have rejected the bill to establish seven free trade zones in Bushehr, Mehran, Baneh and Marivan, Ardabil, Incheh Borun, Zabol and Jask, in addition to 80 special economic zones,…

Iran will be setting up three centers abroad for promoting the export of knowledge-based products, an official at the Presidential Office's Science and Technology Department said.  According…

Researchers from the Iranian Research Organization for Science and Technology have designed and produced dual-nozzle 3D printers that allow two-color prints with application in medical field.

Iran’s export customs clearance formalities now take one day to complete (excluding petrochemical exports), says the head of Islamic Republic of Iran Customs Administration, Masoud Karbasian. He…

Export Development Bank of Iran has launched a news website to cover topics in international trade, non-oil exports, and promote business information. Ali Saleh Abadi, head of EDBI, said that the…

A little over two months ago the government unveiled an incentive package to stimulate the economy and ease the recession.  The plan was designed after the nuclear agreement with the six…

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and its Iranian partners have agreed on mutual guarantees for transactions in national currencies, its CEO Alexey Tyupanov…

The German Euler Hermes credit institution has agreed to establish a $5 billion credit line for Iran, Mohammad Khazai deputy minister of economy said Saturday. The credit is to be granted over 2-3…

Negotiations are underway with Iran’s Ministry of Industries, Mining and Trade to reduce 50% of customs duties on imports from and exports to Lithuania, says the head of Iran-Lithuania Commerce…

The goods and services Consumer Price Index for urban areas increased to 13.7% in the 12-month period ending December 21, which marks the end of the Iranian month of Azar, compared to last year’s…

The Ninth International Exhibition of Goods, Services, Store Equipment and Chain Stores will be held at Tehran’s International Fairground on January 2-5. Besides domestic companies,…

About 15% to 22% of gold jewelries in the Iranian market are smuggled into the country, the head of Gold and Jewelry Union said.

More than 844,000 tons of goods worth $286 million were exported from Sistan-Baluchestan from March to October, which indicates a 36% rise in volume and 11% increase in value compared with the…

Tehran Stock Exchange’s main index TEDPIX inched up 16.20 points or 0.03% to end Saturday trade at 61,436.9.

More than 534 million shares valued at $32.5 million changed hands with daily…

Iran Mercantile Exchange’s agricultural trading board witnessed the supply of 6,229 tons of corn, 4,000 tons of durum wheat, 11 tons of rice, 500 tons of unprocessed soybean oil and 100 tons of…

Most equity market heavyweights gain from rial’s recent weakening, if the trend persists.

Next year is an exciting one for Iran’s foreign exchange market. Sanctions will be removed and…

Ahead of an expected lifting of sanctions, several US corporate giants, including personal-computer seller HP and General Electric’s oil-services unit, are actively exploring a market…

Fiat Chrysler Automobiles NV said on Thursday it will recall 570,000 SUVs for fire risks in two campaigns linked to problems with vanity mirror wiring and a low-pressure hose.

The US National Highway Traffic Safety Administration said on Wednesday that an eighth US death is linked to a faulty Takata airbag inflator, marking the first reported death since April and the…

Toyota Motor Corp sold more cars than Volkswagen AG for the fifth consecutive month in November, putting the Japanese firm on track to remain the world’s top-selling automaker in 2015, as sales at…

The German auto manufacturer Audi will be unveiling a range of products for sale in Iran via an official local sales representative.

Ramak Khodro, the official retailer of the South Korean…