Economy

Per capita orchard production in Iran stood at 143 kilograms in the last fiscal year (March 2017-18), newly-released data by the Statistical Center of Iran show. More than 11.6 million tons of…

Iran's private sector remains steadfast in its opposition to recent currency repatriation rules lately adopted by the government with the supposed aim of bolstering currency reserves and…

More than 227,000 tons of headphones and earphones worth more than $4 million were imported into Iran during the first five months of the current Iranian year (March 21-Aug. 22), data released…

The international group that monitors money laundering worldwide said on Friday Iran had until February to complete reforms that would bring it into line with global norms or face consequences.…

Iran and India will continue to lead the global ammonia market capacity growth, which is poised to increase from 241.9 million tons per year (tpy) in 2017 to 286.4 million tpy in 2026, says data…

Foreign Ministry Spokesman Bahram Qasemi on Wednesday described the US’ fresh sanctions against banks and businesses as "psychological war" against the Iranian people.  "This measure stems…

Iran insurance industry earned 183 trillion rials ($1.28 billion) from premiums during the first six months of the current Iranian fiscal (March-September). According to data released by the…

Tehran Stock Exchange’s main index gained 94.98 points or 0.05% on Wednesday to end trading at 182,929.1. About 3.79 billion shares valued at $91.2 million changed hands at TSE for the day.…

Over the past few days, Iran’s beleaguered auto industry has gone through some serious ups and downs: the SAIPA boss was removed and two powerful state bodies clashed over who should have…

The World Economic Forum’s “Global Competitiveness Report 2018-19”, published on Wednesday, shows Iran’s Global Competitiveness Index has dropped by one place compared to last year with a score…

More than 185,000 tons of commodities worth around $137 million were exported from the northern Golestan Province during the first half of the current Iranian year (March 21-Sept. 22), which…

Iran traded 956,662 tons of non-oil commodities worth close to $751.38 million with Russia during the first half of the current Iranian year (March 21-Sept. 22).   This marks a 25.7%…

Some 3.71 million tons of oil and non-oil commodities were exported from Iran via land borders during the first half of the current Iranian year from March 21 to Sept. 22, which shows a 17%…

First-time homebuyers have accounted for a 20% share of total home deals in the capital city Tehran, since the start of the third quarter of the current Iranian year (Sept. 23). The data…

Italian investment companies remain active in Iran, despite the unilateral US sanctions, says the head of Trade Promotion Section of the Italian Embassy in Iran.

Iran is the only producer of hydrographic maps in the Persian Gulf and Oman Sea region, the deputy head of Ports and Maritime Organization of Iran said. Hadi Haqshenas added that Iran is one of…

Close to 1.84 billion transactions worth more than 2.44 quadrillion rials ($16.94 billion) were registered by Shaparak, Iran’s payment settlement network, in the calendar month that ended on…

Head of the National Iranian Oil Company said it will issue Islamic debt security Manfa’ah sukuk on the stock market by early next month. 

Tehran Stock Exchange’s main index gained 2,232.84 points or 1.24% on Monday to end trading at 182,834.3.

About 3.82 billion shares valued at $82.12 million changed hands at TSE for…

President of Iran Chamber of Commerce, Industries, Mines and Agriculture on Monday met with Pakistan's ambassador to the Islamic Republic to discuss ways of boosting trade.

ICCIMA chief…

A near fivefold rise in packing paper exports, thanks to the surge in foreign currency rates against the Iranian rial and the prices of recycled paper, has led to the shortage of raw materials…

Iran's exports to Iraq have considerably increased in recent months, giving rise to the possibility that the neighboring country could dethrone China as Iran's top export destination. …

A number of development projects worth 2.7 trillion rials (about $20 million) were inaugurated at Tehran’s Mehrabad Airport on Tuesday.

A total of 214 million liters of engine oil were produced by Iran’s four major companies in the first half of the current Iranian year (March 21-Sept. 22), registering a 24% rise compared with…

President Hassan Rouhani’s Cabinet approved plans on Sunday to cut down the government's unnecessary expenses. 

Any renting or purchase of new office buildings, recreational or…