Economy

The Ministry of Industries, Mining and Trade, in its latest report on Iran’s investment priorities, pointed to wallpaper production as one of the potential areas of the domestic industrial sector…

Iran’s securities exchanges are on a roll. They are unveiling a new financial instrument every other day these days.

This year Islamic Treasury Bills, Estensa sukuk and foreign exchange…

Tehran Stock Exchange’s main index lost 94.40 points or 0.15% to end Monday trade at 62.216.3.

More than 332 million shares valued at over $17.9 million were transacted to record…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 176 tons of I-beams, 352 tons of rebars, 246 tons of steel sections, 22,100 tons of copper cathodes, 460 tons…

Bridgestone, one of the world's largest tire-makers, has upped its bid for US auto service chain Pep Boys, after a competing offer from American investor Carl Icahn threatened to derail the…

Volkswagen is teasing a new concept for the 2016 Consumer Electronics Show that could be a modern take on the VW Camper van/microbus.

Depending on how old you are and where you live, you’ll…

Minister of Industries, Mining and Trade, Mohammad Reza Nematzadeh foreign managers can help boost exports in different industries, especially the auto industry.

In an interview with Tasnim…

Iran's second largest carmaker SAIPA has announced that the company sold more than 2,000 Renault'sSandero hatchback in an hour and a half, according to the company's director for marketing and…

German auto companies are suffering losses from anti-Russian sanctions, according to a new report from Moscow. Russia is one of the most important export partners of Germany in the engineering…

The 21st edition of Iran’s International Exhibition of Electronics, Computer and E-Commerce opens today at Tehran’s International Fairground.

According to a press release, a total of 420…

Central Bank of Iran has modified the credit card scheme, expanding the list of eligible applicants and the range of purchasable goods.

It appears that the government in Tehran seems to be moving from the path of overconfidence, due largely to the more than expected decline in inflation and the July nuclear deal with the six world…

The Majlis Research Center has called on the government to support capital market expansion and foreign currency futures as effective tools to check forex shocks.

In a report ‘Measuring…

Head of the Parliament’s Social Commission has said that the Central Bank of Iran has the full backing of the Majlis in its efforts to address the formidable and omnipresent problem of uncertified…

Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017. During the IFSB’s 27th meeting in Jeddah, Saudi Arabia, Iran was elected deputy director…

The Banker, a specialized banking publication, has selected Bank Pasargad as Iran’s best bank in 2015. According to Pasargad Bank website, the ratings are based on capital adequacy ratio,…

The import of ornamental plants from China has been banned “until further notice”, Trade Promotion Organization of Iran announced, following reports from the Ministry of Agricultural Jihad that…

More than $1.8 million worth of stones were exported from Lorestan to Germany, Turkey, China, Greece, Romania, the UAE and Iraq during the seven months ending October 22, indicating a more than…

Iran will hold an exclusive trade exhibition in Oman’s capital Muscat on January 26-30. The event is aimed at increasing cooperation with Oman’s businesses to boost the share of Iranian companies…

Iran and Russia have signed a contract worth €1.2 billion on electrifying the 450-kilometer-long Garmsar-Incheh Boroun Railroad in northern Iran, announced the general manager of Northern Iran…

Close to $27.3 billion worth of non-oil goods were imported during the eight months ending November 21, according to the latest data released by Iran Customs Administration.

The top…

Iran Mercantile Exchange’s oil and petrochemical trading board witnessed the supply of 38,100 tons of bitumen by Jey Oil Refining Company, 17,035 tons of the same commodity by Pasargad Oil Company…

The Russian government has announced the preparation of a list of countries that can replace Turkey to supply goods imported by the country.

Russia has targeted Turkey’s economy with a…

Cabinets are essential pieces of furniture for storing household and office supplies with a high degree of functionality.

Tehran Stock Exchange’s main index lost 99.10 points or 0.16% to close Sunday trade at 62,310.7. More than 334 million shares valued at more than $16.09 million changed hands.