Economy

Twenty-five commercial attachés will be sent to Germany, France, Italy and Spain by late December, says deputy minister of industries, mining and trade, and the head of Trade Promotion…

The manufacture of car spare parts has always been one of the most lucrative sectors of the auto industry, irrespective of the slump or boom in the auto market, as there is always a demand for…

Ana Kimia Manganese Company, the first producer of potassium permanganate in the Middle East, was inaugurated in the city of Zanjan on Saturday in the presence of First Vice President Es’haq…

The government unveiled its much-heralded stimulus package in mid-October.

The package has a six-month expiration date and is aimed at increasing money supply to stimulate demand and pull…

Tehran Stock Exchange ended Saturday trade barely in green, as TEDPIX inched up 24.90 points or 0.04% at the day’s close to settle at 62,948.6.

Iran Mercantile Exchange’s oil and petrochemicals trading board witnessed the offering of 34,100 tons of bitumen by Jey Oil Refining Company, 8,000 tons of the same commodity by Pasargad Oil…

The recent news of the official release of BMW’s 2 Series official launch into the Iranian market is now backed up with a full price list, according to the local auto media. Asre Khodro reports…

European carmakers said on Friday tougher emissions testing rules agreed this week would hurt the industry by forcing the early phase-out of some diesel models and making it harder to meet carbon…

Fiat-Chrysler Automobiles NV is recalling nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems.

The company said it was…

During the past two years, the number of locally-made cars applying for license plates has declined, Commander Mousa Amiri of Traffic Police said.

Without specifying the exact percentage of…

The preferential trade agreement with Iran, which came into effect in the beginning of the year, paved the way for Iranian banks to enter the Turkish market. After Bank Mellat obtained permission…

Ardeshir Atai is one of the Iranian professionals who have recently returned home from abroad to practice their careers, but he also is part of the growing numbers arriving steadily to be part of…

Domestic insurance companies will discuss ties with foreign delegates on the sidelines of the ‘Eighth International Conference on Insurance and Development’ to be held on December 5 in Tehran.

Central Bank of Iran confirmed in an official statement the takeover of the insolvent Mizan Credit Institution by Bank Saderat, according to akhbarbank.com.

Agricultural wastes dumped on roadside are a common sight when visiting the countryside. As useless as they may seem, they are the main ingredient in producing fluff pulp, which is in turn used…

The Iranian fertilizer market is projected to grow at a compound annual growth rate of over 3.5% during 2015-20 due to increasing need for improving the yield of available arable land in the…

The Producer Price Index of the mining sector during the four quarters to September 22, 2015, which marks the end of summer, increased 20.1% compared to last year’s corresponding period, the…

Tehran Stock Exchange’s benchmark staged further retreat during the week that ended October 28 with TEDPIX shedding 251 points or 0.40% compared to the previous trading week to settle at 62,924.…

Capital market experts express concerns over the poor state of Tehran Stock Exchange, even after the government unveiled the stimulus package.

India’s Steel Ministry undertaking Kudremukh Iron Ore Company is all set to resume export of pellets to Iran after a gap of almost a decade.

To begin with, it will export 1 million tons per…

Following the landmark nuclear deal with Iran, plans for the lifting of economic sanctions are moving forward with “Implementation Day” slated for late 2015 or early 2016.

The two-day International Conference on Migration: Patterns, Consequences and Policies, organized by the Statistical Center of Iran, concluded in Tehran on Wednesday. The event mainly focused on…

Tehran Province accounts for 34% of Iran’s total non-oil exports, 78% of technical and engineering services exports, 50% of tax revenues and half of bank savings, according to Tehran Province’s…

The development of Chabahar Port will gain momentum, following India’s prospective $85 million investment, says the head of Ports and Maritime Organization, Mohammad Saeednejad, on Wednesday. “…

The Producer Price Index in the 12-month period ending October 22, which marks the end of the Iranian month of Mehr, increased by 8.5% compared to last year’s corresponding period, according to…