Economy

The cooperation between the Supreme Council of Cyberspace and the Ministry of Information and Communication Technology (ICT) has finally yielded results with the launch of the…

The governor of the Central Bank of Iran, Valiollah Seif, is heading a high level delegation consisting of the deputy governor, director general of economic affairs, and the director of foreign…

President Hassan Rouhani’s government has prepared the ground for foreign investors to enter the mine sector by providing incentives and creating the necessary infrastructures, said Mohammad…

The Organization of Spectacles Distributors and Manufacturers in Tehran said that the four domestic producers of eyeglasses lenses only produce between 200,000 and 300,000 lenses annually. On the…

The bulk of Iranian dates were exported to European and American markets in the period 2001-2006, this has now shifted to Asia upon the enforcement of international sanctions against Iran,…

More than 392,000 tons of commodities were offered on the sport market of the Iran Mercantile Exchange valued at $278 million during the week ending Oct. 9, the IME’s international affairs and…

Stocks at the Tehran Stock Exchange briefly ticked up in the week ending Oct. 8, compared to last week, although the current gloomy atmosphere still prevails in the equity market.

The overall export price index (EPI) edged up 0.2 percent in the month of Mordad (ending August 22) compared to one month earlier. Plastics experienced the highest price growth with a three…

The 15th International Exhibition of Telecommunications, Information Technology and Solutions, known as Iran Telecom 2014, was inaugurated on Monday at Tehran’s International Permanent Fairground…

Production has in general had a positive trend in recent months though some industries are reportedly in trouble now, said the minister of economic affairs and finance on Tuesday. Ali Tayebnia was…

Economic and social mismanagement has increased the number of people living in cities in the past decade, the deputy minister of roads and urban development said, IRIB reported. Four decades ago,…

Around 170 kilometers of highways will be complete by the end of the current Iranian year (March 2015), the deputy minister of roads and urban development, Ali Nourzad said.

The new Tajik ambassador to Tehran, Nematollah Imamzada has called for expansion of trade ties between the two countries in his meeting with the head of Iran’s Chamber of Commerce, Industries and…

Iran’s ambassador to the Republic of Georgia said his country is interested in investing in the Caucuses region. Abbas Talebifar said he met with Tbilisi mayor Davit Narmania to discuss cultural…

New figures indicate that Iran’s auto production has got off to a strong start in the fiscal year 2014/15. The good news comes as a report by the Business Monitor International, released in…

Close to 466,000 tons of 47 types of commodities were offered at the spot market of the Iran Mercantile Exchange on Wednesday, SENA reported.

Iranian experts have achieved a new combination of cement that can be used in oil well drilling following a research project conducted by the research and technology department of the National…

Prices of imported cars remained unchanged last week as supply and demand balanced each other and also because of stability in exchange rates, ISNA reported.

Iran’s construction industry is expected to pick up momentum in the short-to-medium term, with an average growth forecast of 3.6% over the next five years. As a report by a Business Monitor…

The volume of Indian-made engineering goods exported to Iran more than doubled to $516 million, compared to the same period last year, for which the figure stood at $256.Due to western sanctions,…

Iran and Qatar have signed an accord which paves the way for construction of a permanent exhibition site for Iranian goods in Doha, MNA reported on Tuesday.

Iran will receive about $44.1 million of banking facilities from the Economic Cooperation Organization’s Trade and Development Bank (ECO Bank) to put wastewater treatment plants (WTP) of the…

A Mexican trade delegation has signed agreements with Iranian officials to expand bilateral trade ties, the public relations office of Iran’s Chamber of Commerce, Industries and Mines announced…

There is no legal impediment to the transfer of state-owned equities to semi-private companies and the government should seek alternatives for encouraging the private sector to take part in the…

Moallem Insurance Company (MIC) plans to develop its overseas activities, Majid Benvidi, the company’s vice-president said in an interview with IRNA.