Economy

Iran is the hottest emerging market in waiting. It possesses the most expansive industrial base within the region, including one of the biggest auto-manufacturing industries.

Tehran Stock Exchange ended a volatile trading day on Monday barely in green, as TEDPIX crawled up 10.50 points or 0.02% at the day’s close to settle at 62,803.3.

Toyota's premier hybrid vehicle has made its way to Iran for promotional purposes, according to a new report from a local automotive website.

Persian Khodro reports, IrToya, Toyota's…

Global tech companies are reportedly interested in working in Iran post sanctions, according to a government official.

Rouhollah Estiri, director of Technology Development in the…

Toyota has regained its global sales lead over the VW group, as its German competitor struggles with the fallout of the emissions rigging scandal across multiple jurisdictions.  The company…

The goods and services Consumer Price Index for urban areas increased 13.3% in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, compared to the similar…

The 'Social Housing' plan is in the final stages of approval as negotiations with banks for loans and provision of government subsidies are being concluded, Hamed Mazaherian, deputy minister of…

The minister of roads and urban development has proposed raising the value of ‘Jualah’ contracts from 100 million rials ($3,340 at the official exchange rate) to 200 million rials ($6,670), to…

A high court in the UK has rejected the British government's attempts to dismiss Bank Mellat's $4 billion damage claim against the UK Treasury for imposing "irrational" sanctions on the private…

The much-publicized economic incentive package unveiled by the government last week relies heavily on the banking industry, a banking official complained on Sunday.

The Organization of Islamic Cooperation’s report on the financial outlook of its member states shows that Iranian banks accounted for 40% of the global Islamic banking assets in 2014. The OIC’…

Iranian dairy products have passed Russia’s health inspections and are ready for export, says Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, Rosselkhoznadzor. “To start…

Iran, the second-largest wheat consumer in the Middle East, will export 400,000 tons of the grain after domestic production increased.

Iran bought 8.08 million tons of wheat from local…

More than 31,000 tons of dates worth over $60 million were exported to about 50 countries, during the first half of the current Iranian year (started March 21). The main export destinations were…

While almost all countries are members of the World Trade Organization, Iran has the largest economy of those that are not.

WTO is an international organization that governs trade among…

Some 18,000 tons of goods worth over $14.3 billion were exported from Sarakhs Special Economic Zone, located in Khorasan Razavi Province, during the first half of the current Iranian year (started…

Promoting investment and exports is the shortest way to come out of recession and attain economic growth, says Hossein Soltaninia, former deputy head of Trade Promotion Organization of Iran.“…

More than 21,460 tons of various petrochemical products were offered in Iran Mercantile Exchange on Sunday.

The agricultural trading board witnessed the offering of 200 tons of rice from…

Tehran Stock Exchange ended Sunday’s trade in red, as TEDPIX nosedived 382.20 points or 0.60% at the day’s close to settle at 62,792.8.

Tehran Stock Exchange and Korea Exchange (KRX) have signed a memorandum of understanding for cooperation.

China and India remain interested in developing Iran’s Chabahar Port, regarding it as a project with huge potential to encourage the regional shipping industry.

Chabahar Port’s development…

Iran’s aluminum industry is going through a tough time, as limited reserves cannot meet the growing domestic demand and it is on the hunt for alternative sources of raw materials.

Iron ore prices in Iran have recently jumped to $52.5 per ton after the Association of Producers and Exporters of Iron Ore handed over the pricing of this commodity to the Metal Bulletin, a…

Vehicle production at Iran Khodro Company, Iran's largest auto manufacturing company, has slumped below 1,000 units a day.

During the month ending May 21, the company would produce nearly 2…

Iran’s National Day of Nanotechnology will be held in China next week to introduce Iranian nanotech products to Chinese industries, Iran Nanotechnology Initiative Council Secretary Saeed Sarkar…