Economy

Iran has gained access to $400m in frozen assets in a bank in Azerbaijan, an Azeri news agency reported.

Iran’s Ambassador to Azerbaijan Mohsen Pakayeen said that after the implementation…

Ministry of Roads and Urban Development on Monday completed 4,550 housing units in Pardis township, Tehran Province as part of the Mehr Housing scheme. The apartments are located in Iranshahr…

A member of the Majlis Industry and Mining Commission says lack of liquidity and credit are among the most important challenges facing production units.

Hamid Reza Fouladgar, in a TV debate…

The governor the Central Bank of Iran and lawmakers discussed the government’s proposed amendments to 2016-17 annual budget law. The amendment, if passed, would allow the government to…

Despite a 20-year-long record in the business and access to sizable and high-quality stone reserves, Iranian stone exporters have not yet been able to cross the $200 million mark in exports, the…

Tehran Stock Exchange’s main index gained 116.70 points or 0.16% to end Tuesday trade at 74,313.6.

Over 955 million shares valued at $55.6 million were traded for the day.

Tuka…

Iran is the leading copper producer in the Middle East and North Africa region.

To reach the government’s 2025 target output of 800,000 tons of copper cathode, an average annual growth rate…

The under-construction Astara Port in the northern Gilan Province will be able to handle 2 million tons of cargo when completed, said the director general of Gilan’s Ports and Maritime…

More than 34 tons of saffron worth $48 million were exported during the first three months of the current Iranian year (March 2016-17), which indicates a 2% decline in value compared with last…

Since the beginning of the harvest season two months ago, some 80,000 tons of fresh tea leaves have been purchased from local farmers by the government, the head of Iran Tea Organization said. “It…

A delegation from Iran’s Markazi Province, headed by deputy governor of the province, Zafar Afshoun, held meetings with President Rustem Khamitov and Prime Minister Rustem Mardanov of the Republic…

Traffic at Iran’s border with Turkey is back to normal, said an official with the Ministry of Roads and Urban Development.  “There are no problems hindering the movement of trucks,” Mehr News…

Iran’s Economy Minister Ali Tayyebnia called on foreign investors to take advantage of Iran’s stability amid regional volatilities.

The first meeting of Iran-Austria Transportation Commission has been held in Tehran, the Ministry of Roads and Urban Development reported on its news portal on Tuesday.

Deputy minister,…

Measures adopted by the government of President Hassan Rouhani to fight corruption and bring about structural reforms are unprecedented in the Islamic Republic of Iran’s history, a prominent…

Iran is the world’s third largest producer of cherry after the United States and Turkey, says the director of Oshnavieh County’ Agricultural Jihad Organization in West Azarbaijan Province.

Iranian police have confiscated 120 containers of contraband carrying toys, glass dishes, auto parts and home appliances worth more than 1,900 billion rials ($54.28 million at market exchange…

Since the beginning of the current Iranian year (March 20, 2016), the government has purchased more than 7.8 million tons of wheat at a total price of 100,000 billion rials ($2.85 billion at…

The Iranian government has announced a new measure to support the production of indigenous mobile messaging applications in the face of tough competition from foreign counterparts.

All villages with over 20 households will have access to the Internet, the minister of communications and information technology said on July 18. Mahmoud Vaezi made the statement as President…

Britain's ARM electronic chip manufacturer said it did not consult its partners such as Apple, Samsung and Qualcomm that use its technology in billions of chips before agreeing to a $32 billion…

Nintendo on Tuesday shot past Sony in market value after the videogame giant's stock more than doubled since the release of the wildly popular Pokemon Go game.

The Pokemon franchise creator…

Interest rates will continue on the downward slope but it is unclear how much further down it will go, the they will go, the CEO of the Bank of Industry and Mine said Monday.

Now that the minimum capital requirement for offshore banks has been raised, opinions are growing that promoting healthy competition among domestic banks in the free zones and attracting foreign…

Abbas Araghchi, the deputy for legal and international affairs of the Foreign Ministry has announced that all of Iran’s frozen assets have been freed. The Central Bank of Iran now has full access…