Economy

It is up to the government to decide on the future of Saudi-invested vegetable oil company Ladan in Iran, says the secretary of Vegetable Oil Association. Abolhassan Khalili added that among…

Iran and Belarus see potential for cooperation in the mining sector, says the European country’s ambassador to Iran. Victor Rybak added that industrial machines and petrochemicals constitute half…

Cooperation with Slovenia would help resume trade with Europe given the ideal geographical location of the country at the crossroads of main European trade routes and its access to [Adriatic] Sea…

Iran can simply replace the UAE with Oman in foreign trade, thanks to the high potential of Iranian ports, said former president of Tehran Chamber of Commerce, Industries, Mines and Agriculture.…

Iran Mercantile Exchange’s export trading board witnessed the supply of 55,000 tons of granulated iron ore by the Jalalabad Iron Ore Complex at the base price of $8 per ton on Monday. Furthermore…

Politicians from different parties disagree on policies and economists also at times don’t see eye-to-eye. The diversity is what fuels debate and progress and, sometimes, regression.  

Tehran Stock Exchange’s overall index TEDPIX gained 327.70 points or 0.52% to end Monday trade at 62,788.7.

More than 1.2 billion shares valued at over $70 million were transacted to…

The impending removal of nuclear sanctions opens up new opportunities for Iran. Because of which, many countries and their respective companies have lined up to gain more advantage from the…

Production at Iran's largest vehicle manufacturing company, Iran Khodro Company, has increased twofold this month compared to the previous month.

The figure for the second half of the…

Two new models produced by GM's Opel are now available in Iran. These include the large sedan Insignia and the compact SUV known as Mokka priced at 271 million tomans ($73,182) and 157 million…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh outlined the country’s capabilities in various sectors in a meeting with Slovenia’s Minister of Economic Development and…

American cars may, after all, be entering Iran in the near future, as Trade Promotion Organization of Iran has released a new set of regulations for the import of Chevrolets.

Addressed to…

The United States—that bastion of well-made cars—is now on the verge of becoming one of China's clients.

The shock announcement that the US plans to import a Chinese-made car, Buick…

Volkswagen chief executive Matthias Mueller apologized for cheating diesel car emissions tests on his first official US visit since the scandal broke in September.

Tesla car owners already get a lot of attention on the road when they cruise around in the slick, all-electric vehicles.

But now they're sure to get even more stares, thanks to a head-…

New private industrial and mining firms will receive tax incentives upon registration and obtaining the required permits as of the next Iranian year (to start March 20, 2016), Iranian Mines and…

Middle East growth is expected to jump to more than 5% in 2016 and 2017 thanks to a "rapid growth pickup" in the Islamic Republic of Iran, according to the World Bank.

Import costs for Iran will decline by at least 10% after the nuclear deal with the P5+1 comes into effect, Gholamali Kamyab, Central Bank of Iran deputy governor for foreign exchange affairs said…

Creating a competitive economy based on the free market will lead to decent growth rates and sustainable development, Abbas Akhundi, the minister of roads and urban development said Sunday.

Central Insurance company of Iran is looking at the status of third-party vehicle insurance performance over the past five years and the primary results indicate a gaping hole, said Mohammad…

As little as 4% of Iran’s budget are allocated for rural development, according to deputy president for development of rural areas, Nasser Zargar. “Iran’s budgeting is urban-centered,” he has been…

First Vice President Es’haq Jahangiri, Roads and Urban Development Minister Abbas Akhoundi and more than 20 CEOs of Iranian aviation and tourism companies will attend the Iran Aviation Summit 2016…

The third quarter of the current Iranian year (Sept. 23-Dec. 21) registered the export of 58,000 tons of pistachios, according to Iran Pistachio Association. Pistachio accounts for 10% of Iran’s…

Gerhard Schroeder, former chancellor of Germany, will lead a 27-member trade mission during a three-day visit to Iran starting Monday.

The Iranian month ending Dec. 21 saw exports of 3.17 million tons of non-oil goods through major Iranian ports, which shows a 2.9% rise compared with the similar period of last year, according to…