Economy

Kazakhstan, one of the world’s major grain exporters, has postponed the construction of the grain terminal on the Turkmen-Iranian border.

About 11.5 million tons of wheat were harvested during the first six months of the current Iranian year (started March 21), 70% of which were purchased by the government, announced advisor to the…

About 800 tons of eggs are exported every day mainly to Iraq and Afghanistan, said chairman of the Union of Egg Laying Hens of Tehran, Nasser Nabipour. According to the official, egg production is…

The 2nd conference on Iran’s distribution industry will be held in Tehran’s Milad Tower October 13-14. According to the Iranian Distribution Companies Association, the main themes that will be…

The equity market rout has curbed investors’ enthusiasm to shore up their portfolios, with shaky investors preferring to get rid of shares and Tehran Stock Exchange’s trading volume lingering…

With Iran looking to integrate its large iron and steel sector into growing global markets, Oman’s SOHAR Port and Freezone can play a critical role in reviving the sector, according to officials…

Cement exports to Iraq in the first six months of the current Iranian year (started March 21) declined by 20% compared to the same period of last year, said chairman of the board of directors of…

Tuesday trade at Iran Mercantile Exchange saw the offering of more than 137,000 tons of commodities both on local and export trading floors.

In the 1950s, Joseph Schumpeter, an Austrian-American economist, proposed a revolutionary theory that highlighted the role of a competitive business environment on increasing the use of modern…

Slovak Internet security company, ESET, officially started work in Tehran by introducing its sales representative.

Dimitris Rakas, market development manager of the company for Middle East…

Iran’s deputy science minister for research and technology said European countries are keen to boost scientific ties with Iran. Talking about expansion of international ties, Vahid Ahmadi…

Members of the Iranian-American diaspora met with delegates accompanying President Hassan Rouhani to the United Nations and discussed investment opportunities in Iran’s science and technology…

Fresh observations of surface features known as recurring slope lineae appear to have confirmed the presence of liquid water on Mars.

The evidence of surface water may have profound…

The International Monetary Fund's Article IV Consultation team is in Iran to assess the country's economic health. The team visited Bank Maskan on Monday on the latest leg of their tour, which…

With the prospect of Iran hosting a growing number of international businesses and multinational companies, market research companies are poised to see a boost in their fortunes.  Finding…

Mousa Reza Servati, member of the Majlis Planning and Budget Commission,

said Monday that Bank Saderat will undertake Mizan credit institution’s

financial responsibilities. Servati…

Speculations are rife in the housing market that real estate will see a restriction in property supply in the year 2017.

A housing expert warned against the ill effects of "house grabbing…

Taxing the deposits of unauthorized credit institutions would greatly help restore discipline to the financial system, but imposing tax on deposits that go back five years is open to debate, a…

UK chargé d’affaires to Iran, Ajay Sharma, paid a visit to the head of Securities and Exchange Organization in Iran, Mohammad Fetanat, and expressed Britain’s readiness to form collaboration…

Iran has begun to issue Islamic Treasury Bills, a version of short-term sovereign debt, for the first time to provide a fresh fiscal stimulus to its economy.

With around 9% of the population suffering from diabetes, Iran represents a huge market for insulin.  

In fact, over the last few years, the number of diabetic patients has been…

Iran Mercantile Exchange saw the offering of various types of steel sections by Mobarakeh Steel Company on Monday.

As IME reported, the company offered close to 2,200 tons of hot-rolled…

Visits by several foreign trade delegations to test the Iranian waters before making investment have made news headlines of late. But what factors are taken into account by foreign firms when it…

Stocks were wavering between slight gains and losses at Tehran Stock Exchange on Monday, with the overall index inching up 5.91 points or 0.01% to 61,586.9 at the day’s close.

Most indices…

Iran’s largest aquatic animals’ feed factory beat Turkey to become the top producer in the Middle East by hitting the 270-ton-per-day mark, announced its executive director.