Economy

The Netherlands’ Economic Minister Henk Kamp was due to arrive in Tehran at the head of a 60-member trade delegation representing the European country’s industrial, energy and agricultural sectors…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh has called on the Ministry of Agricultural Jihad to begin importing quality silkworm eggs. The move will help “protect and…

The government is gearing up to implement the sixth five-year development plan (2016-21), bidding farewell to the Fifth Plan whose objectives, according to many experts, were not fully met.

Thailand seeks to increase trade with Iran to $2 billion a year, said Thai Deputy Commerce Minister Suvit Maesincee in a meeting with Iran’s commercial attaché to Thailand, Mohammad Ali Pakseresht…

Foreign nationals will soon be able to open bank accounts in Iran from abroad. The government is easing regulations for opening bank accounts for foreign nationals to increase investment in Iran,…

The Ministry of Agricultural Jihad has lifted a ban it had imposed on rice imports since October last year to protect domestic rice farmers during the production season.

As part of a decree…

Tehran Stock Exchange’s main index inched up 34.90 points or 0.06% to settle at 62,923.9 on Sunday.

Over 313 million shares valued at more than $18.8 million were transacted to record close…

Iran’s third largest steel producer is looking to use financial instruments to bolster its standing and ease sales and funding.

Esfahan Steel Company is in talks with Iran Mercantile…

Three steel plants with a combined production capacity of close to 5 million tons per year will be established in Arvand Free Zone, effectively making the FTZ the country’s steel production hub,…

Just as the slump in Tehran Stock Exchange enters third year, drug producer Tehran Chemie, whose shares are getting a test run on the TSE, has done phenomenally well with its shares soaring 187%…

Iran’s Festival of Artificial Intelligence and Robotics hosted by Amirkabir University of Technology has announced its winners.

Researchers from Sharif University of Technology in Tehran have developed and commercialized cell separators used for detecting cancer and treating infertility. Sina Asadalizadeh, the university’s…

The familiar narrative of teens and technology is one of natural proficiency — that young people just get technology in a way that older generations don’t. But research suggests that…

MTN-Irancell, the second largest mobile phone operator in terms of subscribers, has announced it will deduct credit from its SIM cards that remain unused for three months.

Iran’s Communications Regulatory Authority has released the ranking of leading ADSL Internet service providers and selecting Asiatech as the best.

ISPs are assessed on different variables…

The housing sector is languishing for a third consecutive year in recession with no respite in the foreseeable future.

Analysts like Hesam Oqbaei, head of Tehran Association of Realtors…

Tejarat Nou Insurance company will provide coverage for Iranian oil tankers in cooperation with foreign insurers, said the company’s CEO on Wednesday. Mehdi Sameri said his company plans to enter…

As the Central Bank of Iran is preparing to submit a report to the Money and Credit Council on another interest cut, a finance expert has called on the two monetary authorities to shift their…

Reviving banking and financial ties with Germany after the lifting of sanctions is a priority for Iran, Valliolah Seif, governor of the Central Bank of Iran said on Friday.

In a meeting…

A special committee for supervising interest rates will start work from Sunday Nov.22, announced Abdol Nasser Hemmati, head of the state-owned Banks’ Coordination Council on the sidelines of a…

Domestic production meets as little as 30% of the country’s need for paper and the rest is imported from Southeast Asian countries like South Korea, China and Indonesia, said advisor to Pars Rabin…

To boost exports and facilitate trade, Iranian and Turkish banking officials have arrived at a “bilateral payment arrangement” whereby the banking procedures between the countries will be carried…

A total of 2,000 billion rials (around $66.8 million at official exchange rate) will be granted to exporters in loans to promote exports, says advisor to the industries, mining and trade minister…

Investment in Shahid Rajaie Port was at the core of talks in a meeting between two executive managers of South Korea’s Hyundai Glovis shipping group and director general of Hormozgan Ports and…

Representatives of 1,000 Italian companies are scheduled to visit Iran in the near future, according to the head of Iran-Italy Chamber of Commerce.  “The businesses will travel to Iran in…