Economy

Iran exported $20.4 million worth of commodities to the United States during the first four months of 2016. The Islamic Republic had no exports to the US during last year’s corresponding period,…

Iran’s Taban Air launched its first flight between Tehran and Russia’s Astrakhan on Tuesday, according to the deputy head of Trade Promotion Organization of Iran. “The flight will operate two days…

A senior Brazilian official will lead a trade delegation to Iran during June 10-13.

Economic reform is a choice between short-term relief and long-term reward, and “creative destruction” is what the doctor has prescribed for Iran’s economy.

That is the central idea of…

Iran produced more than 60 million tons of cement last year (March 2015-16), of which 15.9 million tons were exported to Iraq, Afghanistan, Kuwait and Qatar. Domestic production in 2015 accounted…

Corporate bonds are in high demand these days and companies are banking on money markets to finance themselves.

Iran's largest carrier, Mahan Air, is one of the companies with an…

Close to 40% of Iran’s decorative stone mines have gone out of business due to the unfavorable economic climate facing the sector, the head of International Affairs Department of Iron Ore…

Cables and wires are everywhere. From the tiniest strand of wire powering a light in your room to the huge underground cables driving the metro train, they are the veins of the ever-throbbing…

Tehran Stock Exchange’s main index lost 254.10 points or 0.33% to end Tuesday trade at 75,874.5 on underperformance of banks, auto manufacturers and mining companies.

More than 930 million…

Apple Inc. sold a 30-year US dollar bond in Taiwan with a yield of 4.15%, sources said on Tuesday, aiming to raise between $1-1.2 billion in the first debt issue by the US technology giant on the…

Efforts are underway to take back Mesbah satellite seized by Italy during the sanctions period, the head of Iran Space Agency said.

“Iranian researchers are now studying the options of…

Yandex, the Russian search engine which was keen to enter Iran, has been outdone in its own market, according to a new Russian media report.

In terms of monthly audience in Russia, Google…

An Armenian company called Technology and Science Dynamics on Monday unveiled five versions of the long-anticipated ArmPhone smartphone in Yerevan.

Board members of Tehran Chamber of Commerce Industries Mines and Agriculture commended efforts by the Donya-e-Eqtesad Media Group – the parent company of Financial Tribune – in disseminating…

Minister of Roads and Urban Development Abbas Akhoundi arrived in Turkmenistan's capital city of Ashgabat on Monday at the head of a politico-economic delegation to meet officials of the…

Iranian banks struggling to reestablish normal links with their European partners has been one of the main complaints raised by Tehran. The landmark nuclear deal it signed with the six …

The total amount of Russia’s two loans to Iran is close to 2.5 billion euros which will be delivered in two weeks, Russian Deputy Finance Minister Sergey Storchak told reporters on Monday.

A plan to transfer the bank accounts of government institutions from the banking network to the Central Bank of Iran is underway.

The government has developed 12-point national blueprint to implement the principles of the Resistance Economy aimed at curbing the economy’s dependence on oil export revenues, improve…

About 3.65 million people are working in Tehran while 13 provinces have a total of 3.37 million employees. The provinces include Yazd, Semnan, Zanjan, Chaharmahal-Bakhtiari, Bushehr, Ilam,…

Some 30,000 tons of colza oilseeds have been purchased from farmers across the country since the beginning of the current Iranian year (started March 20) as part of the government’s guaranteed…

Japan and Iran are reviewing the current state of bilateral trade and investment, among other topics, during talks in Tehran during June 6-7.

Expansion of rail transport has been a top priority of President Hassan Rouhani’s administration, following the success of his nuclear policy. Rails are safe, reduce transit costs and fuel…

Iran Mercantile Exchange played host to the trading of more than 34,200 tons of goods on Monday.

Although Tehran-Baghdad political relations are congenial, there are serious issues in the economic field that impede the expansion of bilateral transactions.

According to our sister…