Economy

Iran is ready to make tariff concessions on a wide range of agricultural products, excluding wheat, refined oil, mineral water and cigarettes, within a free trade zone with the Eurasian Economic…

The Ministry of Economic Affairs and Finance has identified 59 most “appropriate” trading partners for Iran to achieve export-oriented growth. 

Iran’s inflation rate just went above 10%, ending months of single-digit average CPI growth, which many considered one of the biggest achievements of President Hassan Rouhani’s economic team.

Colza production is estimated to reach 200,000 tons in the current Iranian year (March 2017-18) and register a threefold increase compared with the previous year, a deputy agriculture minister…

Indonesia Investment Coordinating Board has reported that Iranian companies and traders have embarked on 25 investment projects valued at $25.6 million in Indonesia during 2016-17, a senior trade…

Iran’s major ride-hailing companies have started expanding their range of services, each offering something “genuine” in the unending hunt for a bigger share of the pie.

A new startup ‘Yadease’ (meaning to learn easily) has launched a service that delivers a learning method to students or others who need to memorize something.

The app, which is supported by…

The 2017 International Exhibition of Electronics, Computers and e-Commerce (Elecomp 2017) will open next month with the way paved for startups to introduce and promote their businesses. The 23nd…

On the third day of summer, US dollar hit a one-month high against the rial in Tehran’s market.

According to Tehran Gold and Jewelry Union’s website, the greenback changed…

The Central Bank of Iran and the Money and Credit Council–a decision-making body–are mandated with deciding the interest rates and the banks’ views are only regarded as suggestions, the secretary-…

The Iranian Parliament has formed a special committee to address pressing economic issues facing the country, with a special focus on the banking system.  

A member of Majlis Economic Commission has cautioned against the hasty merger of banks, stressing that this alone cannot solve the problems of the sector.  “A hurried merger of banks is not…

The highly-consequential verdict of the Financial Action Task Force was issued in favor of Iran–albeit not to the country's expectations–as the global standard-setting body for anti-money…

Global slab markets could see further downward pricing pressure, if plans to build a plant for slab production in Iran come to fruition.

Companies from Iran and Austria will collaborate to…

Some 189,400 tons of textile products worth more than $1.13 billion were exported in the last Iranian year that ended March 20, 2017, registering an 8.1% rise in weight and a 1.7% decrease in…

Around 130 hectares of farms will, for the first time, go under the cultivation of cotton seedlings in Iran in the current Iranian year (started March 21).

According to Deputy Agriculture…

Chicken exports to Iraq and Afghanistan were resumed two weeks ago and at present between 4,000 and 6,000 tons of the product are exported every month, the head of Broiler Breeders Union said.…

For more transparency on the tax paid by football players, the Tax Administration of Tehran Province has tasked Iran Football League Organization to post all contracts on its website, director of…

The office for a working group tasked with following up the South-West Transport Corridor will be established in Tehran, an official with the Islamic Republic of Iran Railways said.

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Iran Mercantile Exchange has begun listing livestock for exports. Fifty Holstein cattle offered by Iran’s capital market’s largest brokerage, Bank Keshavarzi Securities Company, were traded at IME…

Tehran Stock Exchange’s primary index TEDPIX gained 1,506.2 points or 1.95% during the first quarter of the current Iranian year (March 21-June 21) to end at 78,736.2. The over-the-counter Iran…

A close study of latest data released by the Ministry of Industries, Mining and Trade on the production of 55 selected industrial, mineral and petrochemical products during the two months ending…

Tehran Stock Exchange’s main index lost 83.50 points or 0.11% to end Saturday trade at 78,652.7.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About…

Oil Minister Bijan Namdar Zanganeh said Iran aims to increase crude oil production by around 200,000 barrels a day before the fiscal year is out in March 2018.

"Iran's oil output will reach…

Iran’s Ministry of Industries, Mining and Trade has said it expects local carmakers to boost exports tenfold during the current fiscal that started in March. The second edition of the ministry’s…