Since the beginning of the harvest season in late March, about 5.6 million tons of wheat worth some 71,000 billion rials ($2.04 billion at current market exchange rate) have been purchased from…
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Close to 2.2 million licensed sales outlets are active across the country, according to the Statistical Center of Iran.
Grocery stores, real-estate agencies and hair salons are the most…
Economy
More than 150,000 tons of coal concentrate were produced in the first three months of the current Iranian year (March 20, 2016-17), indicating a 54% increase compared to last year’s corresponding…
Economy
Tehran Stock Exchange’s benchmark index gained 109 points or 0.15% in the last trading week that ended on July 6 to close at 74,049.
Wednesday was a public holiday and the TSE is closed on…
Economy
A survey of 10 economists and representatives of Iran’s private sector economy shows they are against raising tax rates as a way to supplant the government’s receding oil revenues.
Economy
Recent explorations carried out by Iran Mines and Mining Industries Development and Renovation Organization in Zarshouran Gold Mine have increased the mine’s proven reserves from 80 to 108 tons,…
Economy
A South Korean identification card solution company has bagged a deal to supply electronic ID cards to Iran. SME Networks will supply 60 million chips for electronic ID cards to the Iranian…
Economy
Iran’s employment market is gradually distancing itself from patriarchy, says deputy minister of cooperatives, labor and social affairs, Isa Mansouri, citing the decrease in women’s unemployment…
Economy
Bulgarian Prime Minister Boyko Borisov is scheduled to visit Iran at the head of a trade delegation from July 11 to 12, the Sofia-based news agency Novinite reported, citing Economy Minister…
Economy
An Iranian trade delegation led by the deputy head of Iran’s Chamber of Commerce, Mines, Industries and Agriculture, Gholamhossein Shafeie, is scheduled to visit Germany from July 12 to 14.
Economy
The Republican-led US House of Representatives has approved measures aimed at blocking US companies from selling commercial passenger aircraft to Tehran.
However, the move is expected to be…
Economy
In what system has Iran’s economy become entangled in that it has failed to live up to expectations despite the abundance of economic resources and the availability of skilled human resources?
Economy
Iran has announced its intention to join the research program of the International Thermonuclear Experimental Reactor based in France, the head of Atomic Energy Organization of Iran announced.…
Economy
Samsung’s overall profits have jumped by 17% year–on–year, with the company making $7 billion between April and June. The huge improvement is believed to be down to its Galaxy S7 and Galaxy S7…
Economy
RoostaKala, an Iranian startup that enables villagers to bypass middlemen and sell their products directly to consumers, has been launched online.
A group of benefactors from different…
Economy
Iranian scientists have produced nanocomposite superabsorbent materials with the capability of increasing the efficiency of industrial water and wastewater purification.
The use of these…
Economy
South Korea's LG Electronics said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and…
Economy
Lufthansa is flying non-stop once again from Munich to Tehran.
Starting Monday, the connection under flight number LH 602 will begin three times a week at 22:10, arriving at the Iranian…
Economy
As a result of a large amount of non-performing loans (NPLs) in the banking system, there won’t be further cuts in lending rates, Ahmad Meydari, deputy minister of labor, cooperatives and social…
Economy
The likelihood of economic growth as a result of a significant increase in demand in the key housing sector is simply unfeasible as the role and influence of this sector in terms of economic…
Economy
Ministry of Roads and Urban Development is developing a comprehensive, nationwide database of all residential units across the country which will include information about owners. The move is…
Economy
A former banking official says if Iran wants to be permanently removed from the black list of the Financial Action Task Force, coordination among all state institutions is crucial to effectively…
Economy
Software AG–the second largest software vendor in Germany–has revealed its strategic plan to venture into Iran to leverage its potential of becoming the fastest-growing IT sector in the…
Economy
Shifting the focus to costumers’ needs and providing customized services as well as developing sustainable profit-making tools are among Bank Mellat’s priorities, said the newly-appointed chief…
Economy
Tensions between Tehran and Riyadh have not influenced Iran's commercial relations with the UAE, one of Iran's main trade partners, according to the chairman of the UAE Department at Iran Chamber…
Economy
