Economy

Iranian researchers from University of Maragheh have produced a nanodrug for targeted delivery that increases therapeutic effects and causes fewer side effects.

By using the conventional…

BLOCKS, the modular watch startup launched by UK-based graduates, has officially surpassed the $1 million mark on their Kickstarter page.

Iran will be dispatching eight companies to next year's CeBIT technology festival in the German city of Hannover scheduled for March 14 to 18. With support from the Ministry of Science, Research…

One of the priorities of the new government of Greece (second Cabinet of Prime Minister Alexis Tsipras) is to expand economic and trade relations with Iran, said the European country’s deputy…

The lifting of western sanctions as part of the nuclear deal reached between Iran and world powers in July would transform the country.

Speaking on the sidelines of an IMF meeting in Peru,…

In preparation for the end of economic sanctions on Iran in the first half of next year, South Korean firms are shifting their focus to the huge Iranian market. This is because the country will…

As many as 15 Iranian companies took part in the 21st Azerbaijan International Construction Exhibition “BakuBuild 2015”, which was held in Baku, Azarbaijan, 21-24 October.

The Czech Republic is ready to invest in Alborz Province’s transportation sector, IRNA quoted chargé d’affaires of the Czech Embassy in Tehran, Petr Stepanek, as saying in a meeting with municipal…

As debate on the newly-unveiled incentive package by the administration continues, a banking analyst has warned about the possible economic instability as the reserve requirement rate of banks is…

In its latest meeting on Tuesday, the Money and Credit Council disregarded mounting pressure for further interest rate cuts from government officials.

Ending the long recession is the talk of the town and has been making news headlines ever since the government unveiled its much-hyped quantitative easing program last weekend.  In the…

The International Monetary Fund (IMF) says the recent agreement to remove most economic sanctions on Iran will be positive news for the global economy.

Bank Maskan has given a total of 250,000 loans worth 60 trillion rials ($ 2 billion) in the first nine months of the fiscal year that started on March 21, the bank’s CEO Mohammad Hashem Botshekan…

A delegation from Iran will visit Moscow before November 12 to set up a joint bank with Russia, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news…

Asphalt market is in a favorable condition, thanks to municipalities’ year-round projects to renovate and maintain streets and highways, says an asphalt producer and contractor.

Ahmad…

Oil-rich countries are concerned that lifting of sanctions on Iran’s oil industry and the return of Iranian crude to international markets would result in a further decline in oil revenues.

The implementation of the nuclear deal reached between Tehran and world powers will pave the way for the copper sector to see an increase in foreign direct investment, says head of Iran Mines and…

The Iranian government would like to attract foreign partners and import new technologies and standards in several sectors, an international business development manager said.

Tehran Stock Exchange’s overall index gained 1,598 points or 2.60% to settle at 63,175 during the Iranian month that ended on October 21.

The First Market Index and the Second Market Index…

General Motors' Opel division denied violating European pollution standards after green activists claimed the automaker's Zafira minivan had excessive NOx emissions.

Toshiba is preparing to sell its image sensor operations to Sony in a deal estimated at around $165 million, reports said Saturday. The reported deal could include sales of production facilities…

One Planet Ops Inc., a US-based hybrid firm combining operating technology companies, angel fund and a startup business incubator, has been launched in California.

Sweden’s biggest bus producer Scania AB wants to invest in Iran when economic sanctions are lifted. “We are ready,” Scania spokesman Hans-Aake Danielsson said by phone on Wednesday.

China’s National Building Material Company and Industrial Development and Renovation Organization of Iran, affiliated with the Industries Ministry, signed a $74-million contract to build a…

Iran’s Consulate General in Hamburg, Abbas Badakhshan, head of Iran National Carpet Center, Hamid Kargar, head of the Association of Iranian Carpet Importers in Europe, Bahram Tahbaz, and 50…