Economy

The 16th Kitchen, Bath, Sauna and Pool Industries & Equipment International Exhibition has been scheduled to be held at Tehran’s International Fairground from July 10 to 13, according to the…

The volume of foreign investments attracted during the previous fiscal year (ended March 20, 2018) registered a notable increase compared with the previous year, the head of the Organization for…

The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the…

Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the…

The Tehran Stock Exchange saw a downtrend in mid-trading hours on Monday, after which main indices oscillated between gains and losses before the overall index ended in green by the day’s close.…

Iranian Mines and Mining Industries Development and Renovation Organization recently signed a deal with two Iranian firms to develop the second phase of Zarshouran Gold Mine in northwestern Iran…

Iran’s major aluminum companies produced 60,947 tons of aluminum products during the first two months of the current fiscal year (March 21-May 21), which indicates a 9.7% increase compared with…

With the aim of expanding bilateral cooperation in the field of food and agriculture, Germany has been implementing a project named “Representative of the German Food and Agribusiness in Iran”…

The 25th International Exhibition of Agricultural Industries, Food, Machinery and Related Industries, also known as ‘Agrofood 2018’ has been scheduled to open on June 29 at Tehran’s…

Qatari Ambassador to Iran Ali bin Hamad al-Sulaiti has thanked Tehran for its assistance to Doha one year after diplomatic and economic sanctions were imposed on Qatar by Saudi Arabia, the UAE,…

Rigan Khodro has imported a prototype of Tiger pickup trucks produced by the Chinese Jiangling Motors Corporation, as it is weighing the introduction of the model to the Iranian auto market.…

Iranian automotive firm Arian Khodro Pars has brought several units of Geely cars into the country to be tested by Institute of Standards and Industrial Research of Iran and the Ministry of…

Jahanro Industrial Group, a local manufacturer of motorcycles, is set to launch production of an electric motorbike jointly designed with Sharif University's Shahid Rezaei Research Center.

Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to…

Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of…

Iran will use all possible legal channels to pursue its interest over Boeing’s decision to cancel its deal with Iran Air, the minister of roads and urban development said.

The government’s capital expenditure during the first two months of the current Iranian year (March 21-May 21) stood at 280 trillion rials ($6.66 billion), which constitutes 22% of this year’s…

There was nothing much going on in the Iranian capital market last week, as both Tehran Stock Exchange and Iran Fara Bourse were closed the entire week, except for Saturday and Sunday.

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Major Iranian steelmakers exported 1.27 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21) to register a 25%…

China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of US President Donald Trump’s…

Bahar Azadi gold coin continued its upward trend to gain 800,000 rials ($19) over the four-day period ending Thursday, to close the week at 22.5 million rials. 

Iran’s insurance companies absorbed 335.9 trillion rials ($7.96 billion) in premiums during the previous fiscal year that ended on March 20, 2018, up by 21.1% when compared with the year before…

After a bigger-than-expected rally in home prices in the first quarter of the current fiscal year that started on March 21, housing experts believe the one-off bull run will lose steam as the…

Ukraine and Iran are interested in deepening bilateral cooperation in the agricultural sector, particularly for increasing supplies of grains, vegetable oil, corn, barley and soybeans for…

Ministers from Germany, France and Britain have written to senior US officials urging them to protect European companies working in Iran from getting caught up in Washington’s new sanctions on…