Economy

Tehran Stock Exchange’s main index lost 165.70 points or 0.21% to end Tuesday trade at 79,800.8.

More than 650 million shares valued at $28.2 million changed hands for the day.

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Iran Aluminum Company has recently removed 72 environmentally hazardous aluminum smelting pots from one of its production lines, bringing the total number of pots removed from the line to 148,…

Iran Mercantile Exchange is listing wheat for exports for the first time today.

A total of 20,000 tons of durum wheat are up for sale as of Wednesday, IRNA reported.

In the outgoing year, marked by the removal of international sanctions, the export of steel products from Iran gained momentum and turned the country from a net steel importer into a net exporter…

Iran Fara Bourse over-the-market exchange debuted a platform for trading the shares of small- and medium-sized enterprises on Monday.

The move is expected to give a shot in the arm to…

Soroush, the locally-made call and messaging application owned by the state-run broadcasting company, the Islamic Republic of Iran Broadcasting (IRIB), released earlier this summer, does not seem…

Mashhad’s Academic Center for Education, Culture and Research (ACECR) is to host Iran’s Third International Stem Cell Conference, April 19-21, 2017.

Iranian researchers have built a microwave power device and amplifier for radars and communication systems. Ali Agha Rasouli, a student at Iran University of Science and Technology, told Mehr News…

Scientists at Stanford University and the US Department of Energy’s SLAC National Accelerator Laboratory have discovered a way to use diamondoids - the smallest possible bits of diamond - to…

The Tehran-based media corporation Donya-e-Eqtesad launched a stock market information service called Donya-e-Bourseon Sunday. Ali Reza Bakhtiari, owner and managing director of the media group,…

A large part of the Islamic Republic of Iran Shipping Lines’ fleet has regained protection-and-indemnity cover from Steamship Mutual.

More than 50 IRISL vessels have been entered in the…

Iran Center for E-Commerce Development, e-commerce industry’s top body, is set to regulate the operation of unofficial payment tools, referred to as aggregators, after profiling owners and their…

The brouhaha surrounding the condition of Iranian banks is valid, as the crisis has been brewing for a long time. Oddly, what has now unfolded due to years of regulatory neglect and mismanagement…

Bank Mellat, a leading Iranian privatized bank, has fully established corresponding relations with more than 100 lenders worldwide, said an official of the bank.

A total of 11,800 housing units were sold in Tehran during the month ending Dec. 20, marking a 5.9% drop in the number of home deals compared with the same period of last year. Home deals also…

Iran's economic growth during the first half of the current fiscal year (started March 20), excluding the oil sector, stood at 4.5%, the government spokesman and president of Planning and Budget…

Chabahar Free Zone in southeastern Sistan-Baluchestan Province will host the International Conference on Investment Opportunities in Makran on January 23-24.

Iraj Tajeddin, a spokesman of…

The annual cost of holding a prison inmate in Iran is nine times as much as that of a student.

The average Producer Price Index in the 12-month period ending December 20, which marks the end of the Iranian month of Azar, reached 3.5% compared with last year’s corresponding period. According…

Some 300,000 work permits have been issued for foreign nationals in Iran, according to an official with the Ministry of Cooperatives, Labor and Social Welfare.

“The permits issued are in…

Tehran Chamber of Commerce, Industries, Mines and Agriculture is planning to send a delegation of Iranian companies to the Czech Republic and Denmark from January 29 to February 3, 2017.

Baku is hosting a joint business forum between Iranian and Azerbaijani entrepreneurs on Dec. 27.

Esfahan Steel Company has signed a draft contract with Iraq’s General Company for Trading of Construction Materials, owned by the Iraqi Ministry of Trade for exporting iron products.

Mobarakeh Steel Company signed its first foreign investment deal worth $7.53 million with Finland’s Ecofer.

The deal, based on a build-operate-transfer contract, entails Ecofer providing…

The Iranian printing industry is out of recession and is well on the verge of a development boom.

The statement was made by Minister of Culture and Islamic Guidance Seyyed Reza Salehi-Amiri…