Economy

In view of the scale of Chinese finance coming from Iran, China’s Ambassador to Iran Pang Sen and Governor of the Central Bank of Iran Valiollah Seif in a meeting on Wednesday emphasized the…

The much-anticipated plan to integrate the payment systems of Iran and Russia is now in sight, with top officials from Iran and Russia agreeing in Moscow to implement it as early as November.

The gap between what Canada sells to the world and what it buys, stretched to $3.6 billion in June, as exports fell back from recent highs, while imports increased.

Following three…

The Italian economy is benefiting from the improvement in the industry sector and stronger labor market dynamics that has driven consumer and business confidence higher, the statistical office…

More than 12.6 million tons of goods, mainly oil products, were loaded and unloaded in Iranian ports during the fourth month of the current fiscal year (June 22-July 22), registering a 10%…

As of the fiscal 1981-2, Iranian industries have experienced three periods of major transition.

Tehran Stock Exchange’s main index TEDPIX lost 243 points or 0.3% during the week that ended on August 2 to end at 81,265.9.

The main index of the smaller over-the-counter exchange Iran…

Iran’s sole heavy plate producer plans to establish a slab production plant with a capacity to produce 1.2 million tons per year to expand the output of its special-grade steel products.

Iran hoped that agreeing to curtail its nuclear program would encourage foreign firms to pour tens of billions into the country. But the flood of major investment has not materialized—and that’s…

Track-laying for a railroad connecting the western provincial capital of Kermanshah to Iran’s national rail network has been completed, Construction and Development of Transportation…

More than 8 million tons of wheat worth close to 105 trillion rials ($2.74 billion) have been purchased from local farmers across the country so far this year, a deputy chairman of Government…

The 14th International Exhibition of Wood Industries Machinery, Fittings and Raw Materials, also known as Woodex 2017, opened in Tabriz International Fairground on Thursday.

In Boeing’s talks with Iran Air after major powers signed the nuclear deal with Iran in 2015, the American planemaker offered to sell two available wide-body 747-8 jetliners to the flag carrier,…

Iran is set to send two locally produced satellites into orbit before the end of the current year in March 2018.

According to the director of the Iranian Space Agency, Mohsen Bahrami,…

China held a drill on Thursday with Internet service providers to practice taking down websites deemed “harmful”, as the country’s censors tighten control ahead of a sensitive five-yearly…

Microsoft has named artificial intelligence as one of its top priorities in a financial filing.

The annual report for the company’s 2017 fiscal year, which ended on June 30, now includes…

The knowledge-based business Tosan Techno is set to offer Mobile Point of Sale devices. According to the marketing manager, Jamshid Azadeh, the commercial sales of the device will be launched soon…

Agricultural machinery exports reached $6 million during the first three months of the current Iranian year (started March 21), a deputy minister of industries, mining and trade said.

“At…

Around 272 tons of chicken with no antibiotics used in their breeding have been produced in South Khorasan Province in northeast Iran so far in the current Iranian year that started on March 21,…

The decline in Iran’s export of non-oil products in the four months ending July 22, as reported by the Islamic Republic of Iran Customs Administration, is a result of their high prices in…

Iran exported 31,230 tons of molasses to Thailand in June, which is a record monthly high since 2010, registering an eightfold increase compared with the previous month.

The Consumer and Producer Protection Organization has fined Naji Research and Development Company over 1.17 trillion rials ($31.2 million) for overcharging clients. The company provides a variety…

More than 10,600 tons of goods were exported via railroad from Zahedan in the southeastern Iranian province of Sistan-Baluchestan to Quetta in Pakistan during the first four months of the current…

The southern Hormozgan Province accounts for 36% of Iran’s goods transit, director general of Hormozgan Ports and Maritime Organization said.

The managing director of Esfahan Steel Company recently published a letter to the Securities and Exchange Organization to answer inquiries by the SEO about the money-bleeding company’s three-month…