Economy

Mobarakeh Steel Company’s new continuous casting machine was inaugurated by First Vice President Es’haq Jahangiri and the company’s managing director, Bahram Sobhani, last week in Isfahan Province…

More than 180,000 tons of gold ore were extracted from Zarshouran Gold Mine in the first half of the current Iranian year (started March 20), indicating a 64% jump compared to last year’s…

The Azerbaijan Republic may soon turn into a regional automotive hub, as interest from foreign car manufacturers continues to rise.

Being a favorable platform for major automakers, the…

Volvo, which is better known for its heavy-duty vehicles and buses, has exported 208 passenger vehicles during the first six months of the current Iranian year (started March 20).

According…

Iran Standards and Quality Inspection Company has released a new report on the quality of 41 locally-made cars and seven pickup trucks.

According to this month’s report, for the first time…

Ninety percent of cars in the capital have obtained quality inspection documents, while only 10% have not yet referred to the centers for the annual auto check, the head of Tehran’s Vehicle…

A large part of the non-performing loans in the banking system constitutes "doubtful debts", says a Tehran deputy prosecutor general.

The director of the Export Guarantee Fund of Iran (EGFI) says exit from recession also is subject to fresh capital inflows into the economy.

Bank Melli Iran is ready to introduce intelligent plastic banknotes in line with plans to promote usage of innovative technology in the banking sector, said Reza Mansouri, managing director of BMI…

Officials from the Central Insurance company of Iran will visit Germany next month for talks with major German and British insurance firms. Abdolnasser Hemmati, head of the CII, said attracting…

Zeno of Elea was an Ancient Greek philosopher most famous for his four paradoxes on the relationship between space and time.

Each Iranian household earned over 9.49 million rials ($259 at market exchange rate) on average from selling secondhand belongings in the last Iranian year (March 2015-16), which indicates a 10.9…

There was a fall in the number of international flights passing through Iran’s airspace over the past month, according to CEO of Iran Airports Company, Rahmatollah Mahabadi. “The number of the…

Exports of farmed caviar are estimated to reach 1,000 kilograms by the end of the current Iranian year (started March 20), the head of Iran Fisheries Organization, Hassan Salehi, said.

Last…

The 13th meeting of Iran-Russia Economic Commission has been scheduled for December 13 in Tehran.

The meeting will be co-chaired by Iran’s Minister of Communications and Information…

Heading a 30-member economic delegation, Iran’s Foreign Minister Mohammad Javad Zarif arrived in Prague on the last leg of his tour of Eastern Europe on Thursday night. On Friday, Zarif met with…

Iranian investments in Azerbaijan’s economy amounted to almost $1.2 billion, $145 million of which were invested in the country’s non-oil sector, the head of Azerbaijan Export and Investments…

The first edition of IRANIMEX, powered by Europort was held last month on Iran’s Kish Island.

The exhibition hosted 300 exhibitors from 22 countries who showcased their products and…

Iran exported more than 23,000 tons of non-oil goods worth $152 million to Germany during the seven months ending October 21, registering a 1.5% decline in value compared with last year’s…

South Korean President Park Geun-hye’s historic state visit to Iran back in May, which Cheong Wa Dae (the executive office and official residence of the president of South Korea, located in the…

Container traffic through Iran’s major ports is soaring.

Container throughput continued the strong double-digit growth of recent months, booking a year-on-year rise of 16.7% to more than…

Tehran Stock Exchange’s benchmark index shed 1,259 points or 1.6% during the trading week that ended on November 9 to close at 78,411.

TSE trading begins on Saturday and ends on Wednesday…

Gold reserves have been discovered in the southeastern Sistan-Baluchestan Province, says Ali Asgharzadeh, the head of Mineral Explorations Department at Iranian Mines and Mining Industries…

Following the signing of a memorandum of understanding on November 9, Sharif University of Technology became a strategic partner of the Telecommunications Company of Iran.

A group of students at Tehran’s Kharazmi University have built and successfully tested a quadcopter with the help of instructors.

A quadrotor helicopter or quadrotor is a multirotor…