Economy

As debate on the much-anticipated economic stimulus package of the government continues among business leaders and economists, a finance and banking expert has criticized the central bank and…

Three new companies are to join the domestic insurance industry, said Rahim Mossadeq, Central Insurance of Iran’s deputy for planning and development affairs, reported ISNA. The firms include…

Iran Mercantile Exchange’s export trading board witnessed 30,000 tons of granulated sulfur supplied by Kharg Petrochemical Company at the base price of $128 per tons on Wednesday.

In…

Iron ore prices are far from their highs of 2011-13 due to the slowing demand in China.

According to the latest reports by Platts, prices for CFR China imported iron ore with 62% purity…

Sanctions against Iran are set to be lifted in a few months’ time. That prospect has airliner salesmen salivating, because Iran has a civil fleet largely made up of increasingly decrepit aircraft…

The Iranian government will offer some state-owned manufacturing companies to foreign buyers in line with its objective to import technology and attract foreign direct investment, says Minister of…

In a bid to attract foreign investors and raise funds for implementing domestic development projects, a "financial free zone" will be created on Kish Island, Presidential Advisor Akbar Torkan said…

New-car sales in Russia fell 39% in October, increasing the pace of decline during the country’s economic slump.

Sales dropped to 129,958 last month after a 29% drop in September, the…

The French state is close to reducing its stake in Renault back to 15% and wants the governance structure in its alliance with Nissan to remain unchanged, France’s Economy Minister Emmanuel Macron…

Iran’s Customs Administration has released figures for the first seven months of the Iranian year (started March 21) and reported that 23,786 vehicles worth $576,444,344 have been imported.…

Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina Mirko Sarovic, who was accompanied by a 25-strong trade delegation, and Iran’s Minister of Economic Affairs and Finance…

Iran has not held any negotiations to purchase Russian-made Sukhoi Superjet 100 passenger planes, says Minister of Roads and Urban Development Abbas Akhoundi. “Before any acquisition, we need to…

Some $150 million worth of goods were exported from Golestan mainly to Iraq–accounting for more than $60 million of the total–during the first half the current Iranian year (started March 21),…

Iran meets 85% of its need for wheat through domestic production.

This was announced by Esmaeil Esfandiaripour, the official in charge of the Wheat Project, which is a government scheme to…

Armenia’s Transport and Communications Minister Gagik Beglaryan said on Monday he would visit Iran later this year to pursue the planned construction of Iran-Armenia railroad and a potential road…

With the end of western sanctions expected to come as soon as the start of next year, Iran is now the target of trade delegations and missions from across the world.

A comprehensive memorandum of understanding on cooperation in the sectors of tourism, industry, arts, water, technology and student exchange was signed between the Governor of Isfahan Province…

Iran Mercantile Exchange is about to offer currency futures for the first time to help Iranian companies and foreign investors hedge against the foreign exchange fluctuations of the Iranian…

Saffron is one of the world’s most precious products, worth more than its weight in gold.

Prized at dinner tables around the world, it is a spice only found in minute quantities in each…

The quality of disposable syringes manufactured in Iran is on par with those made in Europe, says the commercial executive of a pioneer company manufacturing disposable medical devices and…

Tehran Stock Exchange’s main index gained 8.60 points or 0.01% to stand at 63,044 at Tuesday’s close.

More than 446 million shares changed hands value at over $21.3 million to register…

The Money and Credit Council will decide whether to lower interest rates to the proposed 18% from the current 20% in its meeting on Wednesday, said Mohammad Baqer Nowbakht, the government…

The housing loan ceiling will be raised to one billion rials ($33,000) next year from the present 800 million rials ($26,400), as the Money and Credit Council has indicated its agreement with the…

United Nations Conference on Trade and Development publishes an annual report called the World Investment Report focusing on trends in foreign direct investment. According to its 2015 report…

Central Insurance of Iran’s safety and damage prevention department has released statistics on its marine coverage performance.