Economy

The first quarter of the current Iranian year (started March 21) saw the import of 9.4 million tons and exports of 12.49 million tons of oil-based and non-oil goods via the country’s land and…

Iran’s leather industry has been severely affected by the lack of suitable infrastructure and government support in the past three decades, as a result of which many leather factories have been…

The average retail prices in Tehran decreased 12.6% for fruits and 2.4% for eggs, and increased 4% for chicken meat, 1.6% for vegetables, 0.6% for sugar, 0.2% for beans and 0.1% for dairy products…

Head of Wood and Fiberboard Retailers’ Union, Esmaeil Elahian, says due to a recent government ban on logging, the domestic wood demand has to be met through imports. According to the official,…

Plans are underway by Trade Promotion Organization of Iran to select the top Iranian brands for the first time in the country.

Iranian president’s chief of staff, Mohammad Nahavandian, said Iran is ready to promote bilateral relations with Switzerland in finance. “Iran welcomes the expansion of economic and banking…

The German and Iranian governments have decided to establish a joint banking committee in a meeting between visiting German Vice Chancellor and Economy Minister Sigmar Gabriel and Iran’s Central…

Although a strong case can be made that there is a strong correlation between a robust financial system and economic growth, the mushrooming growth of banks and financial institutions in Iran,…

The Central Bank of Iran signaled its interest in allowing foreign banks and financial institutions to team up with Iranian banks, showing a change in the bank's past attitude.

Iran's…

In a quiet street in Tehran’s central Amirabad neighborhood, Mohammad’s little corner shop caters mostly to conscripted soldiers taking a break from their military barracks a few blocks down the…

Tehran Stock Exchange’s performance during the week that ended July 24 has stoked concern among investors with the benchmark tumbling 1,183 points or 1.72% to settle at 67,644 amid alleged…

The July 14th nuclear deal between Iran and the six world powers looks set to be a mixed blessing for China. China is one of the largest importers of Iranian oil and a major investor in the…

The secretary of Iran’s Steel Producers Associations has called for increasing cooperation with Germany, especially in alloy steel production, Eghtesad News reported. Recalling the successful…

Scientists on the hunt for extraterrestrial life have discovered “the closest twin to Earth” outside the solar system, NASA announced on Thursday.

Iran and Kazakhstan opened a center to exchange technology in a ceremony held in the Kazakh city Almaty, which was attended by Iranian Deputy Minister of Science, Research and Technology Vahid…

Iran's Minister of Communications and Information Technology Mahmoud Vaezi has opened an account on social media app Instagram.

 According to Mehr News Agency, the minister posted a…

The first Summer School on Data Center is to be held from August 4-5 at the Faculty of Applied Sciences affiliated to the Ministry of Communications and Information Technology, in Tehran.

Chicken exports continue to Iraq despite the recent rumors regarding a halt in exports due to an outbreak of avian flu, said the deputy minister of agriculture in livestock production affairs. “So…

Until further notice, bananas, pineapples, coconuts and mangos can be imported with no permit requirement from the Ministry of Agriculture to prevent any monopolies in fruit imports, announced the…

Deputy minister of cooperatives, labor and social welfare Seyed Abolhassan Firouzabadi has warned about the low economic participation rate of Iranian women compared to global standards.

Around 80% of Iran’s saffron is grown in Khorasan Razavi Province, announced Hashem Naqibi, who is an official with the province’s Agricultural Jihad Organization.

“It is not wrong to say…

Director-general of Mazandaran Province’s Customs Bureau, Abolqasem Yousefinejad, says Kazakhstan will make new investments in northern ports of Iran, namely Mazandaran’s Amirabad Port in the near…

An Indian trade delegation led by deputy director of the Confederation of Indian Industry Aditya Ghosh is wrapping up a week-long visit to Iran today. Their tour included a meeting with the…

Top officials and traders from Iran, Austria, France, the UK, Germany and other countries gather today at the two-day “Iran-EU Conference on Trade and Investment” held in the Austrian Federal…

A one-day business and trade conference with Turkmenistan will be held in Tehran on July 26, alongside the Iran-Turkmenistan Economic Commission.