Economy

Iran's government has made a new push to develop the country's broadband infrastructure, called Fajr, to get more people online in a short space of time.

The initiative includes three sub-…

Cyan Technology, a British smart metering firm, has received an initial purchase order from Iranian telecommunications contractor Micromodje for the installation of 2,000 smart traffic meters into…

A senior official at Iranian Research Organization for Science and Technology said Islamic Development Bank will invest in 13 major Iranian scientific and technological projects in the next five…

Iran’s first medicinal plants factory has been launched in North Khorasan Province. Built on a one-hectare site, the factory cost $660,000 to complete, said the managing director of Industrial…

Iran exported more than 1,000 tons of seafood to Russia during the eight months ending Jan. 20, according to Iran Fisheries Organization. “Russia could be the biggest market for Iran’s seafood,”…

Dutch exports to Iran increased by 21% in 2015, ahead of the lifting of sanctions in January this year. The value of exports reached €450 million, placing Iran 64th in the ranking order of…

Light aircraft is a plane that has a maximum gross takeoff weight of about 5.6 tons or less, while ultra-light refers to lightweight single-seat aircraft used for sport and recreation.

Iran and Kazakhstan discussed agricultural cooperation through investment, trade and land leasing projects.

In a meeting with Kazakhstan’s Minister of Investments and Development Asset…

Figures released by the Trade Promotion Organization of Iran show that the member states of the Organization of Islamic Cooperation were the main destinations of Iran’s exports among all other…

The Export Development Bank of Iran and Mellat Bank in Armenia opened a two-year credit line with a limit of €5 million ($5.54 million), to boost trade with the neighboring country. Ali Saleh…

SACE, the Italian export guarantee agency, is accompanying the Italian delegation to Iran from 8 to 10 February.  It is providing various services for Italian companies interested in Iranian…

The 8th International Gold, Silver and Jewelry Exhibition will be held in Tehran on February 16-19, Mansour Namdari Zandi, vice chairman of Gold and Jewelry Producers and Exporters Union said on…

Freed of international sanctions, Iran has asked India to reactivate its accounts with Indian banks and allow Iranian banks to open offices in that country.

Tehran Stock Exchange’s main index TEDPIX jumped 1,214.40 points or 1.63% to end Monday trade at 75,783.8.

Over 2.3 billion shares were transacted valued at $143.5 million, with daily trade…

More than $455 million worth of cement were exported from March to December 2015, indicating a 33% decline compared to last year’s similar period and accounting for 1.7% of the country’s total…

Online trading is gaining in popularity in Iran.

The trend is likely to continue, as more traders flock to the stock market following the lifting of sanctions and exchanges and brokers…

Last week, Iran announced preliminary plans to buy 118 planes from France-based Airbus in a deal worth roughly $27 billion.

This is while no deals have been announced with the US planemaker…

Iran has recently launched a direct shipping route to Oman in what is expected to help diversify access to international export markets for the Islamic Republic.

The route between Iran’s…

A senior official of the Iran-Italy Chamber of Commerce has announced Iran striking a fourth auto deal before either company made an official announcement.

Iran Khodro and Italian-American…

Hyundai, one of the strongest selling foreign auto brands in Iran, has announced the sale of the latest 2016 Tucson model (ix35) have begun in the country.

The new car, which is gradually…

The production line for mass producing turbocharged engines was unveiled on Saturday by Iran’s largest auto manufacturer, Iran Khodro.

The latest prices released for three of the new Peugeot models slated to enter the Iranian market have been announced.

Peugeot 2008 will cost 720 million rial (€18,275 at market exchange…

Italian bike maker, Benelli, has roared into the Iranian market by showcasing its latest models at Tehran’s IRIB Conference center in the north of the capital earlier this week. The company is…

Iran has a long-term plan to achieve self-sufficiency in meat production, by promoting genetic engineering and increasing efficiency in the livestock sector, according to deputy agriculture…

Iran is ready to export ornamental plants from the city of Mahallat located in Markazi Province to Russia after an Iranian business delegation visited Moscow last week to hold negotiations with…