Economy

Valiollah Seif is peculiar in more ways than one. He took over as chief of the Central Bank of Iran at a time when the economy had plunged into one its worst recessions in recent memory.

Former governor of the Central Bank of Iran Mahmoud Bahmani has rejected recurring claims that the bank had withdrawn money from the National Development Fund of Iran without the fund’s permission…

Prevailing foreign exchange rates are not predisposed to political developments but are rather a function of demand and supply, a former governor of the Central Bank of Iran said, Eghtesad News…

Minister of Economic Affairs and Finance Ali Tayebnia said recent fluctuations in the foreign exchange prices are “interim”, Tasnim news agency reported on Tuesday. “I don’t think the current…

The first national platform for economic and financial data exchange was launched yesterday in the Ministry of Economy. The platform aims to ease the management and increase the transparency of…

About 200,000 tons of kiwifruits will be produced this Iranian year (started March 21), said head of National Union of Agricultural Products, Reza Nourani.

The 12th meeting of Iran-Russia Commission on Trade and Economic Cooperation will be held in Tehran in October. IRNA reported on Monday that the meeting will be chaired by Minister of…

Corn stover registered the highest volume among imported goods during the first five months of the current Iranian year (started March 21) followed by soybean meal, soybeans and wheat respectively…

A memorandum of understanding was signed between the Iranian Minister of Cooperatives, Labor and Social Affairs Ali Rabiei and his Mexican counterpart, Alfonso Navarrete Prida, in Tehran on Monday…

In line with its policy to boost non-oil exports in the coming years, the government has approved new incentives to support exporters and protect them against possible risks.

Iran’s Ambassador to Turkey Alireza Bigdeli and Turkey’s Minister of Economy Nihat Zeybekci discussed avenues to expand bilateral ties in a meeting held in Ankara on Monday.

An Innovation Robotics League has been planned in Iran with the motto "Preserving water resources: preserving life of future generation".

Schools will be connected to 3G and 4G Internet networks and multi-platform systems, as the two ministries of communications and information technology, and education, have signed a memorandum of…

An exhibition on Iranian air and space industry will be held from November 25 to 27, 2015, in Tehran.

Germany, England, France and Russia have announced their readiness to participate in…

Online retailer Amazon plans to release a $50 tablet in time for the holiday season, people familiar with the matter said.

The 6-inch screen tablet comes with a mono speaker and is priced…

The largest European scientific and academic delegation arrived in Iran on Monday, said Iranian Deputy Minister of Science for International Affairs Hossein Salar-Amoli.

Minister of Science, Research and Technology Mohammad Farhadi said several countries have expressed their willingness to undertake scientific cooperation with Iran.

Agricultural goods constitute the vast bulk of Australia’s exports to Iran, and Aussie Foreign Minister Julie Bishop says there is scope to widen that trade after western sanctions against Tehran…

More than $6 billion worth of goods and services were exported from Tehran Province during the first four months of the current Iranian year (started March 21), said the head of Tehran’s…

In a meeting between Presidential Chief of Staff Mohammad Nahavandian and Venezuelan Vice President for Economy Rodolfo Marco Torres in Tehran on Sunday, the two emphasized on expansion of…

One of the most important merits of cooperatives is that they provide an alternative to private and state enterprises in which resources are controlled by a minority. This is while cooperatives…

Deputy minister of industries, mining and trade, Valiollah Afkhamirad says Industries Minister Mohammad Reza Nematzadeh has called for the establishment of a “legal economic commission" to revise…

The Ministry of Roads and Urban Development has approved a proposal for the establishment of Transport Development Fund, which is aimed at facilitating private sector investment in the…

About 110,000 tons of granulated iron ore from Mishdovan Iron Ore Complex at the base price of $16 per ton were offered on Iran Mercantile Exchange’s export trading floor on Monday. The floor also…

After an exhausting six weeks during which Tehran Stock Exchange fell from around 70,000 to just over 64,000, last week was the first time when losses stabilized, even reporting an infinitesimal…