Economy

The government has purchased 9.2 million tons of wheat worth 117 trillion rials (more than $3.3 billion at market exchange rate) from local farmers since March 15, indicating a 13% rise compared…

Azerbaijan Railways CJSC plans to start laying rail lines in mid-August for the construction of a railroad section from Azerbaijan’s Astara station to the border with Iran as part of the…

British logistics and freight forwarding company, Delamode, has started new groupage lines for Georgia, Armenia, Azerbaijan and Iran.

According to the company’s website, the new services…

Despite the fact that Iran’s steel industry has changed significantly over the years of international isolation, the major transformation is still on the way as there is a bold plan to triple…

Tehran Stock Exchange’s main index gained 442.40 points or 0.58% to end Tuesday trade at 77,089.8.

More than 925 million shares valued at $56.9 million changed hands for the day.

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PGt Advertising, one of Iran’s leading advertising and marketing communications solutions agencies, and UK-based Grayling, a leading global communications network, have signed an agreement to…

The US late on Friday issued a license allowing foreign carriers to fly to Iran without fear of violating US sanctions.

A technical rule of the US Treasury Department’s Iran sanctions…

The Windows 10 Anniversary Update—the largest update to the PC software since it was launched last year—will become available to consumers today, according to a report from the US.

More…

Scientists at Mashhad University of Medical Sciences have designed a detector to help fight drug addiction.

Mohammad Taqdisi, the head of the research team, told ISNA, “By using gold…

Azerbaijan and Iran explored ways of developing cooperation in the field of communications, when Azerbaijan’s Minister of Communications and High Technologies Ramin Guluzade met his Iranian…

Minister of Roads and Urban Development Abbas Akhoundi rejected Mohammad Saeednejad’s resignation as the managing director of Ports and Maritime Organization of Iran on Sunday and asked him to…

Deputy Roads and Urban Development Minister Asghar Fakhrieh-Kashan said any agreement with Japanese planemaker Mitsubishi Aircraft Corporation for the purchase of short-haul planes will be in the…

In a meeting with delegates from HABITAT (United Nations Human Settlements Program), the head of the Department of Environment counted “support of activities in sustainable urban development”…

South Korean companies will be able to settle accounts with their Iranian counterparts in the euro currency instead of the local won from as early as September, allowing more convenient monetary…

The former head of Tehran Chamber of Commerce, Industries, Mines and Agriculture believes Iran’s economy is “bank-oriented,” which makes banks the usual suspects when things go awry.

“The…

Export Guarantee Fund of Iran will start covering the risk of fluctuations in foreign exchange rates to exporters from next month, EGFI director, Kamal Seyyed Ali said on Monday.

“Forex…

More than 1,370 vessels berthed at Shahid Rajaie Port, Iran’s biggest container port located in Hormozgan Province, during the first four months of the current Iranian year (started March 20),…

Iran exported 142,300 tons of non-oil goods worth $132.9 million to Spain in the first three months of the current Iranian year (started March 20), which indicates a 132% jump compared with the…

Since the beginning of the harvest season about three months ago, the government has purchased about 82,000 tons of fresh tea leaves from local farmers in the northern provinces of Gilan and…

Economy Minister Ali Tayyebnia said Padideh Shandiz Company’s shares will be offered on the Iran Fara Bourse, a day after the company’s chief executive is arrested on charges of fraud, disruption…

The goods and services Consumer Price Index for rural areas in the 12-month period ending July 21, which marks the end of the Iranian month of Tir, increased by 8.3% compared with last year’s…

Tehran Stock Exchange’s main index gained 67.70 points or 0.09% to end Monday trade at 76,647.4.

More than 1.2 billion shares valued at $65.9 million changed hands for the day.

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The direct-reduced iron plant of Neyriz Steel Complex will become operational in the second half of the current Iranian year (ending March 20, 2017), said the head of Iranian Mines and Mining…

Local companies are planning to use the boom expected in Iranian industries and expand steel rolling capacities, which will increase competition inside the country and put pressure on foreign…

The Joint Comprehensive Plan of Action between Iran and world powers was finalized on July 15, 2015, adopted on October 19, 2015 and implemented on January 16, 2016 (Implementation Day).

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