Economy

Iran’s non-oil exports to China since the beginning of President Hassan Rouhani’s tenure in August 2013 up until October this year stand at over $28.5 billion, registering a 52% increase…

A high-ranking economic delegation from Germany’s Lower Saxony held a meeting with economic players from the northwestern Iranian province of East Azarbaijan on Tuesday.

The two sides…

Iran’s Higher Council for Science and Technology is currently holding a joint meeting with the Austrian Institute of Technology in Tehran for cooperation in scientific and technological fields.…

Researchers at the Ferdowsi University of Mashhad, the largest research university in northeastern Iran, have developed a mobile application for simulating nanotubes. One of the PhD students at…

State broadcaster Islamic Republic of Iran Broadcasting has filed a lawsuit against Iran’s largest online video hosting website Aparat.

The move is part of a wider crackdown by IRIB that…

Iran’s Minister of Communications and Information Technology Mahmoud Vaezi met with his Iraqi counterpart in the Iranian capital on November 8, according to tech sources in Tehran.

Iraq’s…

Euler Hermes, Germany’s export credit agency, has recently issued an 18-million-euro coverage for trade with Iran, which marks the German insurer’s first coverage after the lifting of the…

More than 1 million tons of pomegranates are estimated to be produced in the current Iranian year (started March 20) from 94,000 hectares of orchards allocated for the fruit’s cultivation in Iran…

Some 3 million tons of wheat will be exported to Asian and European countries as well as the Persian Gulf littoral states in the current Iranian year (March 2016-17), says deputy minister of…

About 23 billion cigarettes were produced in Iran in the seven months to October 21, indicating a 53% rise compared with the corresponding period of last year, says Yadollah Sadeqi, an official…

Some 30% of Iran’s agricultural products are wasted, the head of Agriculture and Natural Resources Engineering Organization said. The amount is enough to feed 25 million people, Alireza Bozorgi…

A 10-year-old medium-range Airbus 321 aircraft was recently delivered to Kish Airlines. Citing the company’s public relations, ILNA did not specify the source of its purchase. The twin-engine…

Iran and Iraq have signed a memorandum of understanding to promote the transportation of passengers and cargo, and expand cooperation in the rail industry, the Islamic Republic of Iran Railway’s…

Latest statistics on Iran's trade of minerals indicate a considerable rise in the export of steel, iron ore and copper during the seven months ending October 21.

With major UK and US banks still struggling to find reassurances from regulators to resume business with Iran nearly 10 months since “implementation day,” a handful of European banks are forging…

The fact that Iran’s economy is facing major challenges is well acknowledged.  Its heavy reliance on oil export revenues and the dominant role of the state in the economy combined with the…

Taiwan Futures Exchange will help Iran Mercantile Exchange set up derivatives for gold and agricultural products. Cooperation between the two will focus on jumpstarting options trading on the IME…

Tehran Chamber of Commerce, Industries, Mines and Agriculture hosted a forum attended by 25 businesspeople from Austria’s Vorarlberg Commerce Chamber and their Iranian counterparts on Monday.

Esfahan Steel Company’s rail production line was officially launched last week.

First Vice President Es’haq Jahangiri and Minister of Industries, Mining and Trade Mohammad Reza Nemtazadeh…

Tehran Stock Exchange’s main index gained 494.80 points or 0.63% to end Monday trade at 79,632.3.

More than 1.25 billion shares valued at $110 million changed hands for the day.

Iran…

The production of SAIPA’s Pride and Iran Khodro’s Peugeot 405 will stop by the end of the current Iranian year (March 20, 2017), said a top advisor of the Ministry of Industries, Mining and Trade…

Opel will launch its biggest product offensive to date with seven new models, including a successor to its Meriva minivan called Crossland X.

Citroen’s C-Elysee sedan and its carbon-copy Peugeot 301 have both received a facelift for 2017. According to Car News China, the new models, which are expected to arrive in the Iranian market in…

Banks doled out 2.2 quadrillion rials ($73.2 billion) in loans during the first half of the Iranian fiscal year that ended  September 21, marking 45.4% growth compared to the same period last…

A study under the aegis of the vice governor of the Central Bank of Iran has found that discreet internal workings of Iranian banks have largely contributed to their high rate of non-performing…