Economy

The government is pushing to wrap up the forever delayed construction of the so-called Tehran-North Freeway, a major road project connecting the capital to the famous tourist resort city Chalus in…

The Netherlands has taken practical steps to expand economic ties with Iran as is evident in the regular visits to Tehran by high-ranking Dutch officials. A joint economic commission has been…

Industrial products constituted over 90% of Iran’s $10.4 billion imports from China during the past fiscal year that ended in March, says the director general of the Commercial Planning Department…

Interior Minister Abdolreza Rahmani Fazli and Afghanistan’s Minister of Finance Eklil Ahmad Hakimi will co-chair the fifth meeting of Iran-Afghanistan Economic Cooperation Commission after a…

Tehran police confiscated two containers of contraband carrying foreign clothes, bags and stationery worth 11.5 billion rials ($325,779) over the weekend, IRNA reported. According to Iran’s Anti…

Negotiations between Pakistan and Iran on a free trade agreement have failed to make progress.

Russian Railways is interested to take part in the implementation of the Rasht-Astara railway project which is under construction by Iran and Azerbaijan, first vice president of Russian Railways,…

Foreign Minister Mohammad Javad Zarif will lead an economic delegation to Latin America on August 21. During the week-long visit the team will call on senior officials in Cuba, Nicaragua, Ecuador…

Even with a significant annual rise in loan allocation during the first quarter of the current Iranian year (started March 20), the Central Bank of Iran’s Governor Valiollah Seif said the banks…

The government plans to present amendments to the 2016-17 Budget Law once again, the Central Bank of Iran's deputy for economic affairs said.

Iran is negotiating a deal with Russia’s State Corporation for Space Activities “Roscosmos” to build and launch a national remote-sensing satellite, said the minister of communications and…

Iran’s Telecommunications Infrastructure Company (TIC) recently launched a website that provides service-level agreement reports.

SLA is a contract between a service provider and the end-…

Apple puts the pedal to the metal to take over its rivals from Google, Amazon and Facebook in machine learning capabilities, and for that it recently purchased Turi, an artificial intelligence…

The first wireless home and office broadband network (Time Division Long-Term Evolution, or TD-LTE) in Iran was launched by MTN-Irancell on Wednesday .

According to a company press release…

Tehran will host the National Tournament of Videogames for the second consecutive year. The event has been scheduled from August 26 to September 4 at the capital’s Milad Tower and is organized by…

The government's total debts amounted to 6 quadrillion rials ($193.6 billion at the official exchange rate), said Economy Minister Ali Tayyebnia.

Unreal foreign currency rates, high import tariffs and lenient penalties for smugglers are adding fuel to the fire of illegal trade. This complaint was made by Mohsen Bahrami Arz Aghdas, head of…

Cooperation between Russia and Iran in the pharmaceuticals sector is on the upswing. Recently, Petrovax Pharm, a leading Russian pharmaceuticals innovator, signed a deal with Iranian counterpart…

Indian steel and energy company Jindal Steel and Power Limited says it will ship head hardened rails – a specialty finished steel product – to Iran. The unique product which has applications in…

Khuzestan Oxin Steel Company’s first shipment of rolled steel products valued at about $4.4 million was exported to Germany and Italy last week via Khuzestan Province’s Imam Khomeini Port, the…

Tehran Stock Exchange’s main index gained 469.82 points or 0.60% to end Saturday trade at 78,326.3. This is TSE’s 15th day of straight gains.

More than 1.3 billion shares valued at $92…

Iran exported more than 100 tons of women’s socks worth $1.13 million during the first three months of the current Iranian year that ended in March, the Persian-language daily Donya-e Eqtesad…

A delegation of Iranian businessmen led by deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Pedram Soltani, are scheduled to visit Switzerland September 20-23.

The Aviation High Council has allowed investors with as little as 300 billion rials ($8.57 million) and even one plane with less 100 seats to establish airlines provided that they limit their…

Iran exported more than $2.4 billion worth of non-oil products to Iraq during the first four months of the current Iranian year (March 20-July 20, 2016), which indicates a 23% rise in compared…