Economy

The director of the Iranian World Trade Center has criticezed government efforts to join the World Trade Organization, arguing that the decision cannot be a good idea given the unsatisfactory…

The southern province of Hormozgan is ready to boost its trade ties with foreign countries, Khalil Qasemi, the head of Hormozgan’s industry, mine, and trade organization told IRNA on Monday.

Two copper ore beneficiation plants, each a 150,000-ton capacity, will be operational for processing copper from the Sarcheshmeh (in Kerman Province) and Sungun (Azerbaijan Province) mines. The…

Iran and Portugal have, for the first time in their history of mutual economic cooperation, signed a 25-article Air Transport Agreement (ATA), Alireza Jahangirian, head of Iran’s Civil Aviation…

The first International summit on Iran-Iraq trade development will start today in Tehran’s Milad Tower, IRIB reported. The summit is co-organized by the Iran-Iraq Joint Chamber of Commerce,…

The Rouhani administration has no plans to continue the purchase of used wagons from China, Mohsen Pooraghai, the general director of the Islamic Republic of Iran Railways told ILNA on Sunday.

Depleting groundwater levels and increasing amounts of saline water threaten date palms in southern Iran, IRNA reported on Saturday, citing the chairman of the National Assembly of Agricultural…

Italian private sector businesses are welcome to invest in projects in Fars Province, the southern province’s governor general, Mohammad Ahmadi, told IRNA.

The effects of recession in the housing market have finally touched mortgage bonds at Iran Fara Bourse or over-the-counter (OTC), pulling the price of each bond down on Saturday to a record low in…

The private sector is poised to operationalize two major development plans in the Persian Gulf Arab state of Oman, Gholamhossein Shafei, the head of Iran Chamber Of Commerce, Industries, Mines and…

The Managing Director of Kish Free Trade Zone has announced new direct flights between the Persian Gulf island and Turkey’s largest city of Istanbul will start in the near future, Mehr news agency…

Insurance authorities are set to discuss the problems facing the private firms providing supplemental health insurances in the next session of the Supreme Council of Insurance, according to the…

A new report suggests the construction of one of Tehran’s largest residential structures called the Third Millennium Tower has resumed after almost four years of inactivity.

Commercial banking in Iran will continue to grow next year but the growth pace is expected to slow down, according to new forecasts. This will be partly due to inflationary pressure and high…

To maintain communication with the rest of the world, Iran has no other choice but to move on to Internet Protocol version 6 – the latest version of the IP, said the telecom minister on Sunday.

A report on the performance of the insurance market in the first six months of current Iranian year (March 21-September 22) shows a 38 percent increase in insurance premiums, as well as 24 percent…

The ministry of economic affairs and finance has no intention to increase the rate of value added tax (VAT) for next year, according to the president of Iranian National Tax Organization. In a…

A senior Polish official has voiced his country’s readiness to expand cooperation with Iran in the banking sector, FNA reported.

The National Iranian Copper Industries Company (NICIC) has offered various types of copper on the industrial and mining trading floor of the Iran Mercantile Exchange on Sunday, IME’s public…

Iran’s construction sector, according to official figures, is booming and it’s said to have one of the highest rates of activity in the Middle East in terms of the number of construction projects…

Listed companies on the Tehran Stock Exchange (TSE) have beaten the prior expectations, after it was announced that their profit is expected to witness a surge of an almost 2 trillion rials,…

Iran’s Iron ore exports have drastically dropped after the low-grade hematite iron ore’s export in the first seven months of the current Iranian year experienced a 90.01 percent decline (March 21-…

The Money and Credit Council is considering categorization of 5,200 manufacturing units that have received foreign currency loans without paying it back.

The manufacturing units will be…

Wary of Beijing’s move to strike a deal with Tehran for development of the Chabahar Port, India is set to move fast on its own projects at the seaport in southeastern Iran.

Last month the biggest investment forum between Iran and Europe in years was held at the fanciful Grosvenor Square Hotel in Central London. Post-sanction business opportunities and networking was…