Economy

Some 97,000 tons of industrial products valued at $8 million were exported from North Khorasan Province during the first four months of the current Iranian year (started March 21), indicating an…

Construction of the country’s first international exhibition town was launched in Isfahan on Thursday in the presence of Foreign Minister Mohammad Javad Zarif and Isfahan Provincial Governor…

An Iranian delegation, headed by Iranian Vice President for Science and Technology Sorena Sattari, visited Moscow to explore opportunities for cooperation in the fields of aerospace, biotechnology…

Iran’s satellite hub project dubbed "Homa" was inaugurated in Mashhad by the governor of Khorasan Razavi Province.

Minister of Communications and Information Technology Mahmoud Vaezi…

MTN-Irancell announced it is to offer Iranian Hajj pilgrims heading to Mecca free mobile Internet access as well as discount calls. According to a company press release, users will not be charged…

Samsung is set to officially launch the Galaxy Note 5 and Galaxy S6 Edge+ in Tehran on Sunday. The two models released internationally earlier in August will be unveiled in the capital's Milad…

The Central Bank of Iran on Wednesday unveiled a redesigned 500,000-rial Iran Check on the occasion of the birth anniversary of Imam Reza, the eighth Shiite Imam.

The check originally…

Goods and services Consumer Price Index for urban areas increased 15.4% in the 12-month period ending August 22, which marks the end of the fifth month of the Iranian year Mordad, compared to the…

Fixed-income securities, which play a key role in capital markets worldwide, are an essential means for financing businesses. In Iran’s capital market, Islamic securities known as sukuk, with…

As the country prepares for the post-sanctions era, the Ministry of Industries, Mining and Trade recently highlighted its main strategies for attracting foreign investments in the manufacturing…

More than 376,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Wednesday.

Iran Fara Bourse’s benchmark inched up 1.59 points or 0.22% on Wednesday to close at 728.39. More than 220 million securities changed hands in 12,238 transactions valued at $18.35. The highest…

Export Development Bank of Iran has reached an agreement with Bank of China—one of the top 10 banks in the world—to start cooperation, said the Iranian bank’s manager. “The state-run EDBI needs to…

A private bank official has urged his fellow bankers to adopt realistic banking ads that reflect the lives of ordinary citizens.

Babak Dorbeigi, director of Parsian Bank’s Public Relations…

The US dollar continued its weekly surge against the rial to hit a five-month high in the free market.

As of 1010 GMT, the greenback was traded at 34,200 rials at bureaux de change across…

The Central Bank of Iran plans to step up its fight against money laundering and terrorism financing to meet Financial Action Task Force’s standards, a CBI official said on Tuesday.

FATF is…

Measures taken by President Hassan Rouhani’s administration have resulted in the improvement of trade balance in the agriculture sector by $2.5 billion, said the deputy agriculture minister in…

Emirates SkyCargo, the freight division of Emirates, is set to increase its cargo capacity to Iran when parent passenger airline Emirates begins its five daily non-stop flights to Mashhad from…

Pakistan is framing a five-year trade and investment plan with Iran under the new scenario where the Islamic Republic has struck a nuclear deal with major world powers and is foreseeing the…

Iran is planning to embark on joint venture production of clothes with Turkey in Maku Free Trade Zone, announced the managing director of the FTZ. “The high import tariffs on apparel have caused…

Ukraine’s Minister of Economy and Trade Aivaras Abromavičius accompanied by a trade delegation is scheduled to arrive in Tehran for a three-day visit on September 14 to expand bilateral trade ties…

The exports of chicken and eggs to Iraq and Afghanistan have resumed, announced deputy minister of agriculture for livestock production affairs.

In the new atmosphere emerging in the wake of the July nuclear agreement between Iran and six world powers, car importers need to become more competitive to be able to survive in the domestic…

A senior Iranian official has invited South Korean carmakers and auto part manufacturers to set up production lines in Iran.  

Head of Trade Promotion Organization of Iran, Valiollah…

The country's largest vehicle manufacturer, Iran Khodro Company, has launched a new website focusing on engineering and auto market studies. According to IKCO's marketing and sales deputy, Mostafa…