Economy

After a year of back and forth between government officials and industry players, no changes were made in export duties for iron ore despite previous announcements.

The government’s U-…

Slovenian telecommunications equipment manufacturer Iskratel has won contracts worth €36 million in Iran. The manufacturer has signed two contracts with the Telecommunications Company of Iran,…

More than 172 tons of saffron worth $246.7 million were exported to 47 countries, including the US, in the last Iranian year that ended March 20, the president of Iran’s National Saffron Center…

Tehran will host the Sixth International Innovation and Technology Exhibition (INOTEX 2017) in May. Organizers say the event is scheduled for May 23-26 at Tehran’s International Fairgrounds in the…

Telegram messenger, the most popular communications app in Iran, voice calling service has been blocked by judicial order.

According to local technology news website, Zoomit.ir, the service…

US MIT researchers have developed a way to make extremely high-resolution images of tissue samples, at a fraction of the cost of other techniques that offer similar resolution.

The new…

Sharif University of Technology in Tehran hosted the second Innovative UAV Design Competition on April 15 and 16 with dozens of flying machines displayed by students.

According to a report…

Iran Chamber of Guilds announced earlier this month that more than 200,000 small- and medium-sized enterprises were founded in the country during the Iranian year that ended March 20, 2017,…

Some $68.6 million worth of agricultural and dairy products were exported from Hamedan Province in the last Iranian year (March 2016-17), accounting for 52% of the province’s total exports, the…

More than 23.54 trillion rials ($627 million) worth of investments have been made in industrial projects located in the south of Kerman Province since President Hassan Rouhani took office in…

About 49.57 million tons of cement were produced in Iran in the last fiscal year (March 2016-17), indicating a 6.4% drop compared to the year before, the Ministry of Industries, Mining and Trade…

President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to head a trade mission for a five-day visit to Vietnam starting Tuesday to discuss ways…

Gold coin prices continued their weeklong surge to reach their four-year high in Tehran's market on Monday.

After significant leaps in recent days, Bahar Azadi gold coin fetched 11.96…

Economic growth rate stood at 11.6% for the nine months to December 20, 2016, and the figure is predicted to keep up its double-digit momentum in the current Iranian year (started March 21), the…

The Central Bank of Iran is planning to allow authorized exchange shops to use international cards in daily operations [instead of cash], the CBI governor said.

“Such operations will be…

A delegation from the Central Bank of Iran will take part in the spring meeting of the International Monetary Fund in the US. The joint meeting of IMF with the World Bank Group is held biannually…

The Iranian private sector is setting up its own guarantee fund to facilitate international finance for small- and medium-sized investments, the head of Investment Commission at Iran Chamber of…

Tehran Stock Exchange’s main index lost 224.20 points or 0.29% to end Monday trade at 78,247.5.

More than 1 million shares valued at $60.3 million changed hands for the day.

Hegmatan…

The Islamic Republic of Iran Customs Administration has introduced measures to systemize import procedures of foreign clothing brands.

More than 310.7 million tons of mineral products were produced in Iran in the last fiscal year (ended March 20, 2017), the Iranian Mines and Mining Industries Development and Renovation…

Khouzestan Oxin Steel Company has shipped its first batch of steel plates to Germany from the southern Iranian port of Bandar Imam Khomeini, the company’s managing director announced on Monday.…

Chinese car company Lynk & Co has taken the covers off its latest concept vehicle called, the 03. The tech-laden vehicle is the first concept sedan to attract customers in a new way with short…

Superfast 5G (fifth generation) cellular networks are seen as paving the way to truly autonomous driving, but the technology is still about 10 years away, Hyundai’s auto intelligence chief said in…

Bam Khodro, a small independent car producer, is set to manufacture China’s Geely GC6 sedan, in the city of Bam in central Kerman Province.

According to automotive website Asbe Bokhar, Bam…

Iran’s second largest auto manufacturing company, SAIPA, will start production of spare parts in Algeria following a joint venture with the Algerian firm Tahkout Manufacturing Company (TMC).