Economy

A confab was held in Tehran with the aim of assessing export opportunities in the Iranian carpet market and ways to export the product to China, which has been a rival for Iranian carpets in…

Turnovers of real estate agencies in Iran show the agencies’ dealings grew in the first half of the year (March 21 – September 22) after a steady decline in prices and a relative stability which…

The head of Iran’s Chamber of Commerce, Industries, Mines, and Agriculture, Gholamhossein Shafeie visited officials from  Holland  public and private sectors in Amsterdam on Sunday.

Minister of Cooperatives, Labor and Social Welfare Ali Rabiee called on Sunday for a reform on the overall function of the country’s existing funds, saying that they have great potential to be…

Trident, an American brand for chewing gum, has caused controversy in Iran after latest data found the gum contains sugar alcohol.Around $1.5 million of gums have so far been imported into Iran…

In the first ever international conference on bitumen production, figures at the event showed that Iran topped bitumen exports for the Middle East region, and ranked fourth in the world, said…

The Iranian Auto Parts Manufacturing Association (IAPMA) has been threatened with dissolution after an Administrative Court of Justice ruling on September 21, annulling the election of the board…

According to the country’s plans, copper exports will hit $2 billion within the few next years, Ahmad Morad Alizadeh, managing director of National Iranian Copper Industries Company (NICICO).” “…

Amid recent debates over unauthorized financial institutions operating across the country, the Central Bank of Iran on Saturday evening released a list of banks and institutions officially…

Compared to times not in the too distant past, Iran's huge auto industry is going through a strange phase. On the one hand the big manufacturers are trying to meet market demand by raising output…

Relaxing and revising stringent regulations in the production sector should be taken into account when assisting manufacturers’ production and export, Behrooz Foroutan, a member of Iran Chamber of…

The country’s total medicine imports via flights in the first six months of the current Iranian year (March 21- September 22, 2014) registered 22.8 percent growth compared to the same period last…

The 3rd joint regional conference of the Economic Cooperation Organization (ECO) and the International Road Transport Union (IRU) opens on October 26 in Tehran, IRNA reported. The conference seeks…

An exhibition was held in Bishkek, Kyrgyzstan, on October 22-25 with a focus on Iran’s market.

In an interview with Fars news agency, Kyrgyz lawmaker, Tursunbai Bakir Uulu, said the event…

One may wonder why Iranian cement is even sold on China’s online shopping site Alibaba. It is not so surprising if one considers the fact that Iran is one of the largest producers of cement…

Iran will be able to access 4 billion cubic meters of water upon the completion of unfinished dams across the country, Energy Ministry Hamid Chitchian announced on Saturday.

An official with the Rural Cooperatives Organization has announced a new plan that would soon centralize all information relevant to agricultural beneficiaries in an integrated online system.

The development project for Shahid Beheshti Port is likely to be financed by China as well as the resources of the National Development Fund of Iran (NDFI), FNA reported

Beheshti Port is…

The sixth exposition on introducing Iran’s investment opportunities, ended Friday, Oct. 25 after four days. It was held alongside the first international Bourse, Banking, Insurance, Capital Market…

The Iranian rial was devalued against 17 currencies on Saturday. The move initiated by the Iranian Central Bank (CBI) is part of a trend to gradually weaken the rial’s official rate. The rial was…

The first international conference on tiles, ceramics, and sanitary ware will be held at the Olympic Hotel’s conference center in Tehran on November 29-30, IRNA reported. The event, which is held…

Fara Bourse (over-the-counter) recorded trading of more than 2.8 billion shares worth 17.4 trillion rials within a month ending Oct. 22, indicating a 9 percent growth compared to the same period…

The steel industry’s outlook is improving as the Iranian government plans to increase the country’s steel production capacity from 20 million tons per annum (mtpa) to 55mtpa by 2025, with an…

Over 67,000 tons of various commodities were up for grabs on the spot market at the Iran Mercantile Exchange (IME) on Saturday, the IME’s public relations and foreign affairs office reported.…

Top private sector officials from Iran and Turkey have announced that they seek to ensure that trade relations between the two countries will increase in the next two years.