Economy

Iran traded 1.16 million tons of non-oil commodities worth $537.42 million with Oman during the first four months of the current fiscal year (March 21-July 22), registering a 58.09% and 115.3%…

The government has banned the export of different kinds of paper, tissue, milk powder, infant formula, tea and butter in packages weighing more than 500 grams as of Aug. 23 until further notice…

An Iranian economic delegation headed by Deputy Minister of Roads and Urban Development Amir Amini arrived in the Syrian capital Damascus on Sunday.

The delegation was welcomed by…

Iraqi Prime Minister Haider al-Abadi has cancelled a visit to Iran, his press office said on Sunday. Abadi will still go ahead with a planned visit to Turkey on Tuesday but has scrapped the Iran…

Major Iranian copper producers produced 413,739 tons of copper concentrate during the first four months of the current fiscal year (March 21-July 22), which indicates a 10% growth compared with…

Tehran sold $126 million worth of Persian rugs to the American market last year, but the new US sanctions on Iran have targeted the hand-woven carpets.

But the beautiful rugs are more…

Tehran Stock Exchange was the world’s fastest-growing stock market, the results of a survey conducted by TSE analysts who monitored the benchmarks of 17 global exchanges from March 21 to Aug. 8…

Tehran Stock Exchange’s main index lost 1,379.18 points or 1.06% on Monday to end trading at 128,522.7.

About 1.66 billion shares valued at $40.88 million changed hands at TSE for the…

A three-day exhibition called ‘SME Iran 2018’ opened in Tehran on Sunday in a ceremony attended by Minister of Industries, Mining and Trade Mohammad Shariatmadari and Speaker of Iranian…

Since March, and through a joint venture between Iran Khodro and the Azeri automotive company AzEuroCar LLC, over 300 units of family sedan model Dena have been produced in the Republic of…

Iranian auto importers, who had brought vehicles into the country when the open market forex rate was significantly lower than the current average of 95,000 rials per US dollar, need to slash…

Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totaling almost $730 million to fuel their growth, people with direct knowledge of the…

The Central Bank of Iran seeks to halt an increase in the number of banks and is open to merger proposals, a deputy governor of CBI said. “Based on the country’s large-scale policies, there are…

Turkish President Recep Tayyip Erdogan announced Ankara’s readiness to refuse dollars and euros in the country’s trade with partners, including Iran. 

The Central Bank of Iran released a statement assuring the public and businesses that the recent price surge in the open market is bound to abate, as CBI seeks to deepen the market with more…

The Ministry of Agriculture has announced that the ban on rice imports will be postponed this year. 

Some Swedish companies face difficulties following the renewed US sanctions against Iran and firms that do business with Iran.

Radio Sweden spoke to a Swedish export specialist to assess…

German automotive supplier Duerr has halted its activities in Iran, which has been hit by the reintroduction of US sanctions this week, including threats to blacklist any company trading with…

Iran traded 882,078 tons of non-oil commodities worth $426.78 million with Thailand during the first four months of the current fiscal year (March 21-July 22), registering a 16.08% and 30.07%…

A delegation from Trade and Investment South Africa paid a visit to Tehran Chamber of Commerce, Industries, Mines and Agriculture last week to meet with private sector economic players and…

Tehran Stock Exchange’s main index gained 888.17 points or 0.69% on Sunday to end trading at 129,902.

About 2.30 billion shares valued at $92.43 million changed hands at TSE for the day…

A total of 15 million tons of iron ore concentrate were produced in Iran during the first four months of the current fiscal year (March 21-July 22) to register a 22% growth compared with last…

Everyone starts looking for that single savior of economy at times of crises and this time around, the search began right after the political and social developments of the second half of last…

Sarcheshmeh Copper Complex is planning to boost its copper concentrate output capacity from the current 600,000 tons to over 1 million tons by 2022, the company’s deputy manager, Mohammad…

Internationally speaking, the Iranian coffee community has fallen on hard luck. When the Specialty Coffee Associations of America and Europe joined forces under the singular SCA banner, the…