Economy

Mofid brokerage is the top provider of online trading services for Iranian stocks, Securities and Exchange News Agency (SENA) reported. The brokerage processed over 21% of all online trading in…

Mohammad Rajabi has been appointed as the new managing director of RAJA Rail Transportation Company by the Tourism Holding Company’s Social Security Organization (known by its Persian abbreviation…

Despite vast potential in dairy production, the country has been unable to secure export markets, according to veteran dairy producer Bozorgmehr Dadgar.

KLM says it will resume service to Tehran from October 30. Tehran will be the 14th new destination the flag carrier airline of the Netherlands has added to its network in 2016, Bahrain-based…

A trade delegation comprising representatives of the private sector is scheduled to visit Switzerland in mid September. During the 4-day visit, the delegation will survey opportunities for…

Iran exported 4.2 million tons of non-oil goods worth 2.17 billion to Turkey during the first four months of the current Iranian year (March 20-July 21), registering a 325% jump compared to the…

The Trade Promotion Organization of Iran has appointed four new commercial attachés to Nigeria, Algeria, the city of Basra in Iraq and Herat in Afghanistan. The new appointments bring the total…

The average Producer Price Index in the 12-month period ending August 21, which marks the end of the Iranian month of Mordad, rose 3.3% compared with last year’s corresponding period, according to…

More than 17.5 million tons of non-oil goods worth over $4.24 billion were exported from Hormozgan Province during the first five months of the current Iranian year (March 20-July 20), registering…

It seems the news regarding vehicle hacking continues to get worse, especially when it comes to products from Fiat Chrysler Automobiles.

The poor performance of auto part makers in the past years has caused a sharp decline in the quality of several car models that were once reliable, sturdy and easy to maintain, said an automotive…

Iran’s largest carmaker, Iran Khodro Company, has launched a scheme that will allow taxi drivers to receive new cars for scrapping dilapidated taxis, on the occasion of the National Government…

Chinese automaker BYD Co Ltd, backed by Warren Buffett’s Berkshire Hathaway Inc on Sunday predicted an up to 91% profit increase in the first nine months of the year, as government policies drive…

Ride-hailing companies Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday and do not know when they can resume operations, they said on…

Iran has started importing red meat from Kyrgyzstan with the first shipment of 32 tons having arrived in Alborz Province, IRNA reported on Sunday. According to Iran Veterinary Organization, the…

Wheat production since the beginning of the harvest season in late March stands at a record high of 14 million tons, IRNA quoted CEO of Agricultural Support Services Co., Yazdan Seif as saying.…

Iran exported 50,800 tons of non-oil goods worth $14.8 million to Malaysia during the first four months of the current Iranian year (March 20-July 21), which indicates a 10% decline in value over…

President’s Chief Advisor and Secretary of the High Council of Free Zones Akbar Torkan has named Abdolrahim Kordi as new managing director of Chabahar Free Trade Zone Organization. Kordi, 38, is…

It is highly likely that a single candidate will run in the upcoming election for the next president of Iran Chamber of Commerce, Industries, Mines and Agriculture, says the head of Iran Export…

The Head of the Pesticide and Fertilizer Importers Association has called on the government to cut tariffs on imports of pesticides, which currently stand at a whopping 46%, Mehr News Agency…

The Majlis on Sunday passed a law requiring companies to publish their financial statements. Corporations failing to abide by the law will have the bank accounts of their executives blocked.

Bank Keshavarzi (specializing in financing the agrol sector) has lowered the rate of its loans from 18% to 15%, announced the bank’s CEO on Sunday.

“The cost of the loans for our bank is…

Amendment to the Budget Law of 2016-17 was originally drafted in order to generate cash needed to repay government debt to insurance companies, said the minister of health on Sunday.

Tehran Stock Exchange’s main index plunged 444 points or 0.57% to end Sunday trade at 77,313.6.

More than 1 billion shares valued at $67.4 million changed hands for the day.

Zagros…

Omani and Iranian businesses say trade and investments between the two countries will improve subject to efficient and responsive shipping.