Economy

The Organization of Islamic Cooperation’s report on the financial outlook of its member states shows that Iranian banks accounted for 40% of the global Islamic banking assets in 2014. The OIC’…

Iranian dairy products have passed Russia’s health inspections and are ready for export, says Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, Rosselkhoznadzor. “To start…

Iran, the second-largest wheat consumer in the Middle East, will export 400,000 tons of the grain after domestic production increased.

Iran bought 8.08 million tons of wheat from local…

More than 31,000 tons of dates worth over $60 million were exported to about 50 countries, during the first half of the current Iranian year (started March 21). The main export destinations were…

While almost all countries are members of the World Trade Organization, Iran has the largest economy of those that are not.

WTO is an international organization that governs trade among…

Some 18,000 tons of goods worth over $14.3 billion were exported from Sarakhs Special Economic Zone, located in Khorasan Razavi Province, during the first half of the current Iranian year (started…

Promoting investment and exports is the shortest way to come out of recession and attain economic growth, says Hossein Soltaninia, former deputy head of Trade Promotion Organization of Iran.“…

More than 21,460 tons of various petrochemical products were offered in Iran Mercantile Exchange on Sunday.

The agricultural trading board witnessed the offering of 200 tons of rice from…

Tehran Stock Exchange ended Sunday’s trade in red, as TEDPIX nosedived 382.20 points or 0.60% at the day’s close to settle at 62,792.8.

Tehran Stock Exchange and Korea Exchange (KRX) have signed a memorandum of understanding for cooperation.

China and India remain interested in developing Iran’s Chabahar Port, regarding it as a project with huge potential to encourage the regional shipping industry.

Chabahar Port’s development…

Iran’s aluminum industry is going through a tough time, as limited reserves cannot meet the growing domestic demand and it is on the hunt for alternative sources of raw materials.

Iron ore prices in Iran have recently jumped to $52.5 per ton after the Association of Producers and Exporters of Iron Ore handed over the pricing of this commodity to the Metal Bulletin, a…

Vehicle production at Iran Khodro Company, Iran's largest auto manufacturing company, has slumped below 1,000 units a day.

During the month ending May 21, the company would produce nearly 2…

Iran’s National Day of Nanotechnology will be held in China next week to introduce Iranian nanotech products to Chinese industries, Iran Nanotechnology Initiative Council Secretary Saeed Sarkar…

Iranian researchers from University of Maragheh have produced a nanodrug for targeted delivery that increases therapeutic effects and causes fewer side effects.

By using the conventional…

BLOCKS, the modular watch startup launched by UK-based graduates, has officially surpassed the $1 million mark on their Kickstarter page.

Iran will be dispatching eight companies to next year's CeBIT technology festival in the German city of Hannover scheduled for March 14 to 18. With support from the Ministry of Science, Research…

One of the priorities of the new government of Greece (second Cabinet of Prime Minister Alexis Tsipras) is to expand economic and trade relations with Iran, said the European country’s deputy…

The lifting of western sanctions as part of the nuclear deal reached between Iran and world powers in July would transform the country.

Speaking on the sidelines of an IMF meeting in Peru,…

In preparation for the end of economic sanctions on Iran in the first half of next year, South Korean firms are shifting their focus to the huge Iranian market. This is because the country will…

As many as 15 Iranian companies took part in the 21st Azerbaijan International Construction Exhibition “BakuBuild 2015”, which was held in Baku, Azarbaijan, 21-24 October.

The Czech Republic is ready to invest in Alborz Province’s transportation sector, IRNA quoted chargé d’affaires of the Czech Embassy in Tehran, Petr Stepanek, as saying in a meeting with municipal…

As debate on the newly-unveiled incentive package by the administration continues, a banking analyst has warned about the possible economic instability as the reserve requirement rate of banks is…

In its latest meeting on Tuesday, the Money and Credit Council disregarded mounting pressure for further interest rate cuts from government officials.