Economy

Iran’s exports to and imports from Turkey during the first three months of the current Iranian year (started March 20), stood at more than $368 million and $542 million respectively, indicating a…

The three-day visit of an Italian delegation to Mazandaran Province culminated in the signing of a dozen memorandums of understanding in the fields of health tourism, agricultural and small- and…

Iran reopened land borders with Turkey on Saturday, after hours of shutdown in the wake of a coup attempt in the neighboring country. Transit trucks and passengers were allowed to travel back and…

Every year, after the two-week Norouz (Iranian New Year) holidays in Iran (started March 20), the Ministry of Communications and Information Technology releases data on the number of calls and…

An Iranian science-based company, PKF Vacuum Technology, has developed a spark plasma sintering machine.

Mehdi Hashemi, CEO of PKF, said despite sanctions and lack of modern laboratory…

Following the recent attempted military coup in Turkey, Internet speeds in the Islamic Republic were suppressed following a crackdown in the neighboring country's Internet.  

Iran University of Science and Technology will host a series of competitions in the area of Internet of Things otherwise known as IoT from July 20–22.  The IoT Cup event includes two main…

The head of Monetary and Banking Research Institute says representatives from international rating agencies visited Tehran during the Ninth International Exhibition of Exchange, Bank and Insurance…

The European Parliament will use its influence to help Iran reconnect to the global banking network faster, said a British member of EU Parliament, Richard Hewitt, during a visit to Tehran Chamber…

Non-performing loans, shortage of capital and the operation of 7,000 unregulated financial and credit institutions are the main problems of the banking system, a former bank official says.

Bank Melli Iran has launched an online database including information about its properties. The move is in line with plans to promote transparency in the banking system.

Golgohar Mining and Industrial Company exported 900,000 tons of iron ore concentrate during the first three months of the current Iranian year (started March 20), which indicates a whopping 195%…

Economic sanctions were lifted from Iran in January 2016 and since then optimism has been building around the nation’s economic growth going forward.  

Tehran Stock Exchange’s main index gained 105 points or 0.14% to end Saturday trade at 73,868.

Over 972 million shares valued at $61.9 million were traded for the day.

Pars Tile…

Iran and South Korea will now exchange plant seed varieties and botanical specimens, and joint research into both countries’ native plants will also be implemented, the Korean Culture and…

The First World Conference of Mayors and Councilors is scheduled to be held in Tehran’s Milad Tower on July 20-21. The two-day conference will discuss municipal management, municipal environment,…

Iranian chain stores have a 5% share in the retailing of goods across the country, a deputy minister of industries, mining and trade. “There are close to 1.8 million retail outlets operating…

Iran’s First Small Industries and Machinery Expo was inaugurated in Kabul, the capital of Afghanistan, by deputy minister of industries, mining and trade, Valiolah Afkhamirad, and his Afghan…

Flights between Iran and Turkey have been suspended and border-crossings have been temporarily closed in the wake of a bloody coup attempt in Turkey on Friday night.

The government has purchased more than 7.45 million tons of wheat from local farmers since the beginning of the harvest season in late March, indicating a 23.2% increase compared with last year’s…

More than 16,360 tons of pistachios worth over $137 million were exported during the first quarter of the current Iranian year (started March 20), the Islamic Republic of Iran Customs…

Cadillac is launching two new models and expanding its dealer network in Europe in a renewed sales push in the region against entrenched premium rivals BMW, Mercedes-Benz and Audi. But the General…

First Vice President Es’haq Jahangiri opened a production line of a new generation of automotive batteries in Robat Karim, a city southwest of Tehran. The production line, which is equipped with…

Industries, Mining and Trade Minister Mohammad Reza Nematzadeh is dissatisfied with the speed at which local carmakers Iran Khodro Company and SAIPA are designing new car platforms, a spokesperson…

European car-sales growth slowed in June, as the British vote on exiting the European Union weighed on business and consumer confidence, according to a new joint report.

Registrations in…