Economy

Construction of hydroelectric power plants has no dire effects on country’s water resources, a deputy minister of energy said late Monday.

The Central Securities Depository of Iran (CSDI) signed a memorandum of understanding with the Central Securities Depository of China (CSDC) based on which the Iranian stock market would link to…

Despite the great emphases Iran and Russia laid during the past months on increasing the export of Iranian food and agricultural products to Russia, the soft commodities had a very little share in…

Close to 50 grades of polymers were on sale on the oil and petrochemical trading floor at the Iran Mercantile Exchange on Tuesday, IME’s PR and foreign affair department reported.

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Iranian Mines and Mining Industries Development and Renovation Organization, IMIDRO, has picked three consortia to join projects to produce iron concentrate and iron ore pellets, reported…

The Iranian Association of Steel Producers said the country’s steel production rose by 7% in the first half of the current Iranian calendar year compared to the same period last year, reported…

Stocks at the Tehran Stock Exchange (TSE) failed rally for a second straight day, after most of the listed stocks had a mixed trading day, with the TEDPIX inching up only 0.01 percent.

The…

More than 120 trillion rials have been injected into the capital market within the first half of the current year, ending Sep. 22, demonstrating a tepid growth in comparison to the same period…

Esfahan Steel Company has signed an agreement with the Tunisian company ARKEN to do exploration and extraction activities, equip and exploit mines, and build steel manufacturing units in the North…

Risks to the fundamental stability in the Iranian banking system is forecast to remain contained in the fiscal year ending March 20, 2016, a new report says, predicting a slower growth for the…

A report published by the Parliament Research Center has attributed the hike in liquidity in the first quarter (spring) of this year to an increase in both the monetary base and foreign assets of…

Arvand Free Trade Zone (AFZ) located in the southwest corner of Iran, bordering Arvand River and beyond that southern Iraq has a unique proposition on offer, which differs from the other free…

The equity market will not get hurt if commercial banks stop their firm-running activities and sell their equities there, said the head of Securities and Exchange Organization on Tuesday.

As part of its recent campaign against unauthorized financial institutions, the Central Bank of Iran has launched an online system inviting citizens to use it to help the bank identify illegal…

The minister of industry, mine and trade says that a quicker exit from recession will be possible if the younger generation contributes to economic growth.

Tehran’s trade exchange with Vienna is expected to grow up to 10 percent by the end of 2014, deputy trade commissioner from the Austrian embassy told IRNA on Tuesday, saying that the number stood…

The transnational nature of agricultural and environmental challenges faced by Iran and its neighbours would require a concerted regional approach to address them effectively and in a sustainable…

Ministry of cooperatives, labor and social welfare is to execute a new development plan known as “Package of Seven”, which aims to make cooperative organizations more efficient and productive.…

Turkish officials have agreed to allow Iranian trucks cross Bazargan border into Turkey provided that Iran removes fuel price difference for those Turkish trucks with sealed fuel tanks, Reza Kami…

Importation of fruits of every kind, especially citrus fruits, is banned and no related permits whatsoever will be granted until further notice, deputy agriculture minister said Tuesday.

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The promising prospect of Iran’s nuclear negotiations with the world powers as well as recent efforts by different European countries to prepare the ground for their return to Iran as a hugely…

The government's main economic policy is to improve the business environment in a bid to strengthen the private sector's role in national production, First Vice President Es'haq Jahangiri said on…

Vice president for planning and strategic supervision Mohammad Baqer Nobakht says the Sixth Five-Year Economic Development Plan (2016-2021) is being formulated by his office.

The banking system is seeking to retain its reputation once distorted by the previous administration, claimed the governor of the Central Bank of Iran on Monday.

Customers can enjoy an online service provided by Iran Insurance Company (IIC) if they purchase its third-party insurance service, a company official said on Monday.

Mahmoud Amrollahi, IIC’…