Economy

RoostaKala, an Iranian startup that enables villagers to bypass middlemen and sell their products directly to consumers, has been launched online.

A group of benefactors from different…

Iranian scientists have produced nanocomposite superabsorbent materials with the capability of increasing the efficiency of industrial water and wastewater purification.

The use of these…

South Korea's LG Electronics said on Friday its second-quarter operating profit likely reached a two-year high, with analysts pointing to strong contributions from its mainstay home appliances and…

Lufthansa is flying non-stop once again from Munich to Tehran.

Starting Monday, the connection under flight number LH 602 will begin three times a week at 22:10, arriving at the Iranian…

As a result of a large amount of non-performing loans (NPLs) in the banking system, there won’t be further cuts in lending rates, Ahmad Meydari, deputy minister of labor, cooperatives and social…

The likelihood of economic growth as a result of a significant increase in demand in the key housing sector is simply unfeasible as the role and influence of this sector in terms of economic…

Ministry of Roads and Urban Development is developing a comprehensive, nationwide database of all residential units across the country which will include information about owners. The move is…

A former banking official says if Iran wants to be permanently removed from the black list of the Financial Action Task Force, coordination among all state institutions is crucial to effectively…

Software AG–the second largest software vendor in Germany–has revealed its strategic plan to venture into Iran to leverage its potential of becoming the fastest-growing IT sector in the…

Shifting the focus to costumers’ needs and providing customized services as well as developing sustainable profit-making tools are among Bank Mellat’s priorities, said the newly-appointed chief…

Tensions between Tehran and Riyadh have not influenced Iran's commercial relations with the UAE, one of Iran's main trade partners, according to the chairman of the UAE Department at Iran Chamber…

Iran’s industrial sector is estimated to grow 7-8% in the current Iranian year (started March 20), the deputy minister of industries, mining and trade said. “In Iran, the industrial sector is…

New details have emerged regarding the preferential trade agreement that recently went into effect among members of D-8 Organization for Economic Cooperation, including Iran.  As ISNA…

Some 1.2 million head of light livestock (sheep and goats) and 20,000 male calves were exported to the littoral states of the Persian Gulf in the last Iranian year (March 2015-16), according to…

It is estimated that lemon production will reach 480,000-500,000 tons in the current Iranian year (March 2016-17), indicating a 7-8% increase compared to last year, according to the Ministry of…

Tehran Stock Exchange’s main index shed 116.80 points or 0.16% to close Monday trade at 73,947.2.

More than 1.4 billion shares valued at $80.3 million were traded on the day.

Fars…

Among local governments in South Korea, the Busan Metropolitan City Government has been the most active in supporting domestic companies’ forays into the Iranian market since the lifting of the UN…

Shortage of iron ore, scrap iron and pellet is the main impediment to growth in the domestic steel industry and the realization of the targets set in the 20-Year Vision Plan (2005-25), an advisor…

The Securities and Exchange Organization has unveiled its platform for hosting venture capital funds to help expand tech companies.

The platform was designed in cooperation with over-the-…

The Fourth International Maritime Exhibition of Iran is scheduled to be held in Tehran on September 24-26.

Tesla Motors missed its vehicle delivery target for the second consecutive quarter and is on track to fall short of its annual target, suggesting the US electric carmaker is still wrestling with…

The latest statistics released by the Ministry of Industries, Mining and Trade show that only car and pickup production edged up in the first quarter of the Iranian year (started March 20).

With the participation of more than 18 automotive brands, an exhibition opened at Padide Shandiz shopping center in Torqabeh on Sunday. According to the local automotive website Asre Khodro, the…

Iranian team MRL from Qazvin Islamic Azad University has claimed two more first place titles in RoboCup 2016 currently underway in Leipzig.

Iranian MRL (Mechatronics Research…

On the sidelines of the 25th International Financial Congress in St. Petersburg, Akbar Komijani, the deputy governor of Central Bank of Iran met the Vice Governor of Central Bank of Russian…