Economy

More than 150 industrialists, experts and chiefs of aviation operators and suppliers from around the world, such as International Air Transport Association and International Civil Aviation…

Iran produced more than 19 million tons of iron ore concentrates from March to December 2015, indicating a 1% rise compared with last year’s corresponding period, Iranian Mines and Mining…

In the wake of last weekend’s lifting of economic sanctions on Iran, an official delegation from Iran is due in Colombo on February 23 to discuss the resumption of normal trade ties.

Iran Mercantile Exchange’s agricultural trading board witnessed the supply of 2,180 tons of corn, 1,000 tons of wheat and 500 tons of unprocessed soybean oil on Saturday.

More than 20,000…

Iranian traders are banned from reexporting Turkish products to Russia, said deputy head of Trade Promotion Organization of Iran.

Iran is in talks with German airline TUIfly to lease passenger aircraft. “Talks are underway, but no decision has been made so far regarding the number of planes and the operation’s starting date…

Iran is in talks with Russia to outsource wood production to the forest-rich country, said the head of Forests, Range and Watershed Management Organization affiliated with the Agricultural Jihad…

Iran is pushing full throttle to reestablish business with the rest of the world, as western companies move cautiously to renew ties abandoned during international economic sanctions that largely…

The goods and services Consumer Price Index for urban areas increased by 12.2% in the 12-month period ending January 20, which marks the end of the Iranian month of Dey, compared with last year’s…

Contracts with foreign automakers will gradually enter the execution phase in a month, a deputy industries minister has announced.

Mohsen Salehinia also described the latest status of the…

Iranian National Standards Organization is examining the standards used by the European New Car Assessment Program to apply them to vehicles produced locally for improving their quality, said the…

Mirza Sadeq and a dozen of his fellow Iranians are attending a 25-day training course at the headquarters of China’s leading car producer, Chery Automobile, in Wuhu City, Anhui Province.

Audi has been playing with electric e-tron concepts for years, but until now there has appeared little intent to make the endless concepts much more than interesting diversions.

However,…

The removal of sanctions on Iran may trigger at least $50 billion a year in foreign investment to finance a rebound in an economy hit by the oil slump, the country’s central bank governor said.

UK forwarding and logistics services group Seafast Logistics this week announced the formation of a joint-venture partnership with long-established Iranian logistics provider Seven Seas Tehran.…

The 42-day delay before the government submitted the draft of the 2016-17 budget to the parliament attracted little attention in the spate of good news triggered by the removal of international…

Iran’s capital market regulator wants to develop a market for mortgage-backed securities and has published rules covering them, the latest move by authorities to revamp the financial sector.

The implementation of Iran's landmark nuclear deal with world powers this past Iranian week (ended Jan. 22) breathed new life into the stock market that has been stagnating at two-year lows until…

Siemens AG’s contract to build rail coaches and upgrade train lines in Iran is valued at between €1.5 billion ($1.6 billion) and €2 billion, making Europe’s largest engineering company one of the…

Tehran’s International Fairground is hosting the International Exhibition of Hospital Building, Infrastructure, Equipment and Related Industries (Hospitex 2016), which opened on Friday and will…

Pakistan and Iran have agreed to cooperate in defending the two countries’ projects in international and regional organizations, and exchanged their lists of national standards.

Hussein Raghfar, a prominent economist says it is necessary for the government to intervene in the market by regulating land prices for affordable housing and put an end to speculative activities…

Industrial and Commercial Bank of China Ltd., a Chinese multinational banking company, plans to establish branches in Iran, an official with Central Bank of Iran (CBI) said.

The post-sanctions economy offers the promise of revitalizing the economy, said Valiollah Seif, governor of the Central Bank of Iran. Tapping into bank loans and the foreign exchange market are at…

Iran’s Foreign Ministry is negotiating with foreign nations to end the sanctions imposed on Bank Saderat of Iran, Mohammad Javad Zarif, the foreign minister said, Ista news reported. He added that…