Economy

Iran and Kazakhstan plan to establish a free economic zone in the Caspian Sea with firms engaged in oil and gas and energy technologies.

This was announced at a meeting held between Rabi’…

Tehran Stock Exchange wrapped up a seesaw trading week in red, with TEDPIX notching down 485 points or 0.84% in the week that ended August 19 to stand at 65,218.3.

Trade value at Iran Fara Bourse during the week that ended August 19 rose 45% compared to the prior trading week. However, more than 597 million securities were traded to post a 59% retreat in…

Iran is one of the crucial countries for Armenia. This became apparent when Armenia declared independence after the collapse of the Soviet Union. Azerbaijan and Turkey shut down their border gates…

An Iranian trade delegation led by head of Tehran’s Chamber of Commerce, Industries and Mining and Agriculture, Masoud Khansari, is scheduled to visit the Romanian capital, Bucharest on September…

Iran will produce one ton of caviar this Iranian year (started March 21), said managing director of Propagation, Breeding and Exports of Aquatics Union Arsalan Ghasemi, adding that a kilogram of…

More than 106,000 tons of goods worth $31 million were exported from Lorestan Province during the first four months of the current Iranian year (started March 21), which indicates 1% growth in…

A social media campaign dubbed “Made in Iran” has recently gone viral among Iranian internet users in which they are asked to share the names of five top domestic commodities and services as well…

A memorandum of understanding to facilitate border trade was signed between Iran’s Sistan-Baluchestan Province and Pakistan’s Balochistan Province at the conclusion of the third session of Iran-…

Ukraine is to initiate cooperation with Iran, including in production, as sanctions against Tehran over its nuclear energy program are being phased out, said Ukraine’s Economic Development and…

The Islamic Republic News Agency has recently released its mobile news applications in English and Arabic. Following the release of IRNA's Farsi application last September, the apps are now…

The digital startup event called Seedstars World will be held in the Iranian capital this week.

The event is returning for a second time to Tehran to identify the next big digital startup.…

One of Iran's leading business accelerators, Avatech, has released a public call for startups to register for the third cycle of the company's accelerating program.

In the third cycle, 20…

MTN-Irancell, the second largest mobile telephone network, has announced the launch of a new service center to cater for Azeri-speaking people, a first such initiative in the Islamic Republic.

Iran plans to build two new satellites, said Iranian Minister of Communications and Information Technology Mahmoud Vaezi.

"A telecommunications satellite will be ready in three years while…

As Iran eyes an investment boom following July’s nuclear agreement which is expected to remove the economic sanctions imposed by the US, EU and the UN Security Council over Tehran’s nuclear…

A memorandum of understanding has been signed between the government and the private sector for building a copper concentrate plant in Kerman Province.

Close to 160,000 tons of various commodities, including 110,000 tons of granulated iron ore, were offered on Iran Mercantile Exchange for export on Wednesday.

Most of the listed companies in Tehran Stock Exchange weighed on the benchmark on Wednesday. However, the benchmark ended in green on Mobile Telecommunications Company of Iran’s trading.

The Australian trade commission Austrade—a governmental trade, investment and education promotion agency—has expressed readiness to develop mining cooperation with Iran. “Australian companies are…

Last Thursday, Iranian Foreign Minister Javad Zarif visited Pakistan as part of a multi-country tour to explore opportunities for greater economic and security cooperation in the region following…

The deadline for registering Bureaux de change with the Central Bank of Iran ended on Wednesday.

The bureaux had to apply for an operating permit from the central bank, by meeting the bank'…

With an exception of 2015, Iran’s insurance sector is forecast to grow in future, as the economy is expected to improve, but the growth will operate below the sector’s capacity, a report says.…

In a move to boost bilateral ties between Iran and Iraq, a delegation headed by the CEOs of two Iranian banks traveled to Iraq on Tuesday.

CEO of Keshavarzi Bank Morteza Shahidzadeh was…

National Development Fund’s board members have revised their list of priorities for business lending. At their latest meeting held on Tuesday, the board members agreed to expand their lending…