Economy

About $15.5 billion worth of goods were smuggled into and out of Iran in the last Iranian year (March 2015-16), which is 27.7% less than that of the previous year, according to the anti-…

Agriculture Minister Mahmoud Hojjati said wheat production will outstrip demand by the end of the current Iranian year (March 2017), which will make Iran self-sufficient and help build up its…

More than 826,000 tons of commodities, valued at $346 million were exported to Iraq via land borders of the city of Qasr-e Shirin in western Kermanshah Province during the first three months of…

The construction of Jajarm Aluminum Plant will be completed by the end of May 2017, according to the head of Iranian Mines and Mining Industries Development and Renovation Organization.

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The 25th International Furniture Fair is scheduled to take place from August 3 to 6 in Tehran’s International Permanent Fairground.

Iranian private sector steelmakers produced over 1.8 million tons of crude steel during the first half of 2016, registering a whopping 92% rise compared to last year's corresponding period,…

Most Iranian ports are quite developed and well known.

Caspian Sea ports in the north of the country (Anzali, Amirabad and Noshahr) are predominantly involved in imports from neighboring…

Tehran Stock Exchange’s main index added 249.60 points or 0.33% to end Sunday trade at 75,183.9.

More than 732 million shares valued at $71.8 million changed hands for the day.

Zar…

Finding the perfect restaurant or cafe can be confusing in Iran.  There are several of them around but it can be difficult to find the perfect one, as there aren’t many reliable restaurant…

Nine days after the official launch of Mobile Number Portability services in Iran, a deputy at Iran’s Communications Regulatory Authority elaborated on the number of users that have attempted to…

Sony showcased its latest 4K Ultra HD TVs in the US and the spectacular lineup comes to complete the varied television experience that the company has been offering.

Each of the new…

Verizon and Yahoo are set to announce that they are striking an acquisition deal, according to sources close to the situation.

The news is expected by Monday, although it could come earlier…

Georgia and Iran are strengthening ties in the fields of information and communications technology.

Minister of Communications and Information Technology Mahmoud Vaezi visited Georgia’s…

More than 8.2 million tons of wheat worth close to 105 trillion rials ($2.99 billion at market exchange rates) have been purchased from local farmers since the beginning of the harvest season in…

The head of Tehran Builders’ Association says new schemes by the Central Bank of Iran and the Ministry of Roads and Urban Development will channel more money into production sectors that in turn…

Diesel-fueled vehicles without insurance cover have been banned from buying subsidized diesel as of July 22. Transportation and Fuel Management Organization had warned 54,000 commercial…

The Export Development Bank of Iran is offering cheaper loans to creditworthy exporters, EDBI website reported on Saturday.   Exporters with an  ‘A’ rating or higher , members of…

Sri Lanka’s cash-strapped national carrier is in talks to lease some of its new Airbus aircraft to Pakistan and Iran to reduce a $1 billion loss, a minister said Thursday.

Referring to the unreasonable salaries paid to senior officials and executives, now infamously referred to as “astronomical salaries”, a member of Majlis Legal and Judicial Commission said all…

Majlis and its Economic Commission will decide about details of Iran’s agreement with the Financial Action Task Force, said Ammer Kabi, a member of the commission.

“Iran’s commitments to…

About 2,000 tons of cosmetic products worth more than $21.6 million were imported to Iran in the first three months of the current Iranian year (started March 20), according to the Islamic…

Iran exported more than 57,800 tons of goods worth $46.9 million to Russia in the first three months of the current Iranian year (started March 20), which indicates a 4% decline over the similar…

To help promote exports and facilitate exchange of goods and services in target markets, Iran is opening trade offices in some African countries, said Reza Abbasqoli, an official with the Trade…

Following an official visit by EU officials to Iran earlier in July, the European block is planning another visit to take place in October with a focus on promoting cooperation in a range of…

Agreements for Iran to buy more than 200 jetliners from Boeing and Airbus, the most prominent commercial outcomes of the nuclear accord reached a year ago, face delays that could reduce or even…