Economy

Two copper development projects will come into operation this month one in Songon, East Azarbaijan Province and the other in Sarcheshmeh, Kerman Province, said Mehdi Karbasian, the head of the…

The deputy minister for industry, mine, and trade said the ministry has agreed to the Iranian association of cement manufacturers and exporters’ request for including cement in the list of…

Around 100,000 tons of granulated iron ore, worth $31 per ton, was offered by GolGohar Mining and Industrial Company on the export trading floor on Monday, IME’s public relations and international…

The situation for the Persian hand-woven carpets is critical in terms of the value of exports. The number for the past Iranian year (ended March 20, 2014) stood at $314 million, the lowest in the…

Stocks at the Tehran Stock Exchange pushed the TEDPIX up, staging a broad rally at Monday’s close, amid positive expectations among investors on a possible comprehensive nuclear agreement between…

Iran Privatization Company (IPC) has announced that 100 percent of the shares of Damavand Petrochemical Company (DPC) will be offered through Iran Fara Bourse or over-the-counter (OTC) market on…

More than 440 foreign companies as well as 345 Iranian exhibitors will attend the 9th Auto Parts International Exhibition, due to be inaugurated November 28 in Tehran, reported IRIB News.

Importing agricultural products through Iran Mercantile Exchange (IME) could help set more realistic prices and also prevent the import of low quality commodities, Mohammad Moravej Hosseini, the…

The administration has proposed 13 trillion rials of royalty on minerals for the next Iranian calendar year’s budget, Mehdi Karbasian, the head of the Iranian Mines and Mining Industries…

Following a resolution approved by the Securities and Exchange High Council and a statement issued by the ministry of industry, mine, and trade, petrochemical and chemical products will be…

Almost 141,000 tons of various steel sections were offered by Isfahan Steel Company (ISC) on industrial and mining trading floor at Iran Mercantile Exchange (IME) on Sunday, IME’s public relation…

Tehran Stock Exchange (TSE) overall index hit a new peak on Sunday's close, after reports that Iran and the P5+1 may clinch a nuclear accord by Monday evening, a self-imposed deadline to reach a…

The ministry of industry, mine, and trade issued over 10,560 industrial establishment licenses during the first seven months of the current Iranian year (which started March 21), with investment…

The Islamic Republic of Iran Shipping Lines’ performance in transporting general goods improved 42% during the first half of the current Iranian year (1393), reported MANA. The number of trips by…

Croatia and Iran are setting a new course for mutual cooperation in the financial services industry.

Croatia is seeking to work as a gateway for expansion of mutual investments between Iran…

Tehran’s stock market had an average return of 130 percent last year. But negative sentiment is currently reining in the market. The economic impact of the US-led sanctions is being felt by the…

Preparing the grounds for “macroeconomic stability” is an essential prerequisite for accomplishing the goals of the Resistance Economy, the results of a study by a specialized committee at the…

The Central Bank of Iran will deliver a report of the customers with bad loans who have failed to make good on their obligations to the banking system in a meeting on Monday, Eghtesad News…

President Hassan Rouhani has announced a law that would seek “fair and balanced distribution of facilities in less-developed areas” across the country. The president ordered his office for…

Around 1,000 hectares of industrial land in Atrak Special Economic Zone, in the east of the northern province of Golestan - is to be sold to potential investors, the CEO of Golestan Industrial…

More than two million rural housing units have been renovated since the begining of the 4th Five-Year Development Plan in 2005, Azizollah Mahdian, the deputy of rural houses’ renovation affairs of…

President Hassan Rouhani recently announced that the government’s oil revenue have shrunk by 30 percent.

The aviation industry is expected to boom in five year’s time, predicted an official in Iran Aviation Technology Development and Science-Based Aviation Industries (IATDH) on Sunday

The Federation of Consultants from Islamic Countries (FCIC) and Iran’s Industrial Management Institute (IMI) are preparing to hold a workshop in Tehran on November 25 with a focus on “sustainable…

The economic committee of the parliament has eventually finished its review of a bill proposed by the Rouhani administration in August that would help get the economy out of recession, a lawmaker…