Economy

Iranian buyers’ resistance to local suppliers’ attempts to raise steel prices is the main blockage to a market recovery.

Mills with high inventories have no option but to reduce their…

Exports of non-oil goods and services are estimated to reach $130 billion annually by the end of the sixth five-year development plan (2016-21), according to the deputy minister of industries,…

Iran’s sovereign wealth fund is becoming wealthier due to the oil producer’s increased sales, though low oil prices are slowing its growth.

The National Development Fund of Iran currently…

Over 2.5 million tons of minerals were extracted from Chaharmahal- Bakhtiari Province’s 102 active mines in the first half of the current fiscal year (started March 20), announced the head of the…

More than 71.27 million tons of goods were loaded and unloaded in Iranian ports during the first half of the current Iranian year (started March 20). According to a Mehr New Agency report, which…

The largest tourism conference in Iran kicked off on Sunday in Tehran in the latest bid by officials to entice foreign investors into financing hotel projects.

Iran’s exclusive exhibition is scheduled to open in Kazakhstan’s city of Shymkent today, the head of Khorasan Razavi Industries, Mining and Trade Organization said.

Iran’s tourism authority has announced a scheme to subsidize travel for select destinations to help promote domestic tourism.

Masoud Soltanifar, the head of Iran’s Cultural Heritage,…

A British man with HIV undergoing a pioneering treatment to cure him of the disease has shown “remarkable” progress, doctors have reported from the UK. Scientists treating the 44-year-old patient…

Mobile Telecommunications Company of Iran (MCI) has launched the sale of Xiaomi Mi Max as part of a new contract offer to gain more subscribers.

In the past week, Apple’s App Store has been unblocked by the US-based company to Iranian users inside the Islamic Republic.

The first report on social media was dated October 29 as the day…

More than 4,000 direct jobs and 8,000 indirect jobs will be created when 18 major ICT firms will open offices in Iran’s northern Mazandaran Province after April 2017, according to the Minister of…

Bank Maskan, specialized in lending to the housing sector, will start repayment of its debt s to the Central Bank of Iran worth 550 trillion rials ($17.4 billion) from 2023. The CBI had allocated…

The Central Bank of Iran is pushing forward with the initiative to regulate non-bank institutions via a four-point master plan, says the director of the office for supervising non-bank…

The parliament will soon make a final decision about establishment of a special fund for covering losses caused by natural disasters as part of the law for mandatory natural disaster insurance,…

Turkish investment bank Unlu & Co aims to complete the acquisition of an Iranian brokerage in the next six months and become the first Turkish financial services firm to operate in Iran since…

While businesses are eagerly awaiting the unification of foreign exchange rates, the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture says conditions are rife for the long…

Iranian Zinc Mines Development Company’s subsidiaries produced 7,978 tons of zinc ingots in the Iranian month ending September 21, indicating a 10% growth in output compared with last year’s…

The Iranian Privatization Organization is lining up its largest initial public offerings of the year, amid a bearish market with low demand for risky assets, as it tries to help bridge the gap in…

Figures by the Central Bank of Iran show the government earned 50.1 trillion rials ($1.4 billion at exchange market rates) from income tax revenues in the four months of the current Iranian year (…

Chinese cross-border eCommerce company Global OConnect has launched its Foshan City home furnishing exhibition in the Iranian capital, Tehran.

Tehran Stock Exchange’s main index gained 178.50 points or 0.23% to end Saturday trade at 77,478.8 and reach its highest in four weeks.

More than 1.07 billion shares valued at $59.7 million…

Work on the development of the southeastern port and special economic zone of Chabahar in Sistan-Baluchestan Province is making rapid progress.

"Iran has received a $235 million credit…

RAJA Rail Transportation Company is planning to purchase 250 new wagons to renovate its aging fleet, says the newly-appointed managing director of the company, Mohammad Rajabi. He put the average…

Close to 522,000 tons of goods worth more than $600 million were exported to Afghanistan from Dogharoun Customs Office in the border city of Taybad located in Khorasan Razavi Province.