Economy

Director General of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the Ministry of Agriculture Gholamreza Taqavi expects Iran’s mushroom production to reach 150,000 tons this…

The cold spell sweeping parts of Iran in recent days has not affected the orchards of the northern provinces of Mazandaran and Gilan, the chairman of Tehran Fruit and Vegetable Sellers Union…

Iran and Finland traded more than €106 million worth of goods during the 11 months to Nov. 30, 2017, to register a 60% hike in bilateral exchanges compared with the corresponding period of last…

The point-to-point consumer price inflation rate reached 8.4% in the seventh month of the ongoing fiscal year (Sept. 23-Oct. 22) following its downward trend from the beginning of summer, but…

Tehran Stock Exchange’s main index lost 368.38 points or 0.37% to end Monday trade at 99,046.1.

About 953 million shares valued at $56.57 million changed hands at TSE for the day.

Iran exported about 7,500 tons of tea worth $11.3 million during the first eight months of the current Iranian year (March 21-Nov. 21, 2017), registering a 6% decline in weight but an 8.6% rise…

Bandar Imam Petrochemical Company started selling 4 trillion rials ($88 million) worth of standard parallel salaf contracts for liquefied petroleum gas on Iran Energy Exchange on Monday.

The Eighth Iranian Steel Market Conference, aka ISMC 2018, opens in Tehran today. The annual two-day event is scheduled to be held at the Islamic Republic of Iran Broadcasting Conference Center…

A subsidiary of SAIPA, Pars Khodro, will introduce upgraded versions of three Chinese-derived vehicles assembled and produced in Iran.

Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital…

Local auto parts maker Noor-e Neyriz Alu Wheel Co (NNA) inaugurated a new aluminum car wheel factory on Saturday in Neyriz, 200km east of Shiraz in Fars Province. Fars Industrial State Co (…

Mazda Motor Corp. is developing a gasoline engine it says will be as clean as an electric vehicle — at least when the supply chain of energy creation is calculated into it.

Mazda’s…

As the 50th anniversary of Iran’s capital market was being celebrated with much fanfare at the Iran International Conference Center on Sunday, an unlikely guest appeared on the stage to herald…

Two days after the Central Bank of Iran published a directive that makes end-to-end encryption mandatory for card not present transactions, banking industry players have apparently welcomed it…

A total of 19,004 residential deals were registered in Tehran in the tenth month of the current fiscal year to Jan. 20, indicating an increase of 13.5% compared with the same period last year.…

Governor of the Central Bank of Iran has reiterated that foreign exchange rates will continue to dwindle while saying “we do not insist on illogically bringing down the price of gold coins” in…

Tehran Chamber of Commerce, Industries, Mines and Agriculture will meet on January 30 to discuss ways to expand exports to India. Latest statistics released by the Customs Administration of Iran…

Following the recent abolition of earning per share forecasts, publicly traded companies have been publishing their descriptive performance reports on www.codal.ir as per the Securities and…

Iran exported 1.86 million tons of fruits and vegetables worth over $675 million during the eight months to November 21, 2017, indicating a 21% rise in value and 13% decline in volume compared…

Iran exported over 756,000 tons of milk during the nine months to December 21, 2017, Deputy Agriculture Minister Hassan Rokni told IRNA.

Exports are expected to hit one million tons by…

Tehran Stock Exchange main index gained 59.05 points or 0.06% to end Sunday trade at 99,414.6.

About 845 million shares valued at $49.13 million changed hands at TSE for the day.

Over 1,000 hectares of greenhouses have been established across Iran since the beginning of the current fiscal that ends in March, says the head of the Ministry of Agriculture’s Greenhouse,…

The Majlis on Sunday disapproved the outlines of the proposed budget for the upcoming fiscal year (March 2018-19). 

A total of 120 lawmakers voted against while 83 were in favor of…

Average Producer Price Index in the 12 months ending January 20, which marks the end of the 10th  Iranian calendar month (Dey), increased by 9.9% compared with the same period last year,…

Iran exported $843 million worth of livestock and poultry products during the nine months to December 2017 -- an increase of over 30% compared to the same period last year, said the deputy…