Economy

Some 70 motorcyclists worked their mojos and pumped pedals for first place in the three-day Motorcycle Endurance Rally held in Semirom County in Isfahan Province. “All contestants were members of…

Energy company bosses and executives from major business lobbying groups in the UK will attend the reopening of Britain's Embassy in Tehran this weekend when London moves towards restoring full…

In response to the World Bank’s prediction that economic growth in Iran can top 8% over two years once sanctions are lifted, two Iranian economists have discussed the feasibility of the figure in…

A Filipino trade delegation arrived in Tehran on Saturday to discuss joint venture production in Iran’s mining sector. During its three-day visit, the delegation is scheduled to meet with senior…

In his two years as Minister of Economic Affairs and Finance Ali Tayyebnia has been summoned thrice by the Parliament to ease lawmakers’ seemingly unending worries on some of the country’s…

More than one million tons of fruits are estimated to be produced in East Azerbaijan Province by the end of the current Iranian year (March 20, 2016), said the head of Agricultural Jihad…

A Jordanian economic mission was due in Iran Saturday afternoon, the Ministry of Foreign Affairs announced. The 20-member delegation mostly includes senior managers of major Jordanian companies…

Tabriz accounts for 60% of leather shoes and 90% of hand-made leather shoes made in Iran, according to the head of Tabriz Shoes and Handbag Union as saying. “Of 3,580 active manufacturing units in…

C entral Bank Governor Valiollah Seif is eying tourism industry as a source of foreign receipts, which could diminish the oil industry’s domineering role and help stabilize rial’s value.

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The much-anticipated “currency bourse” will be launched soon by introducing foreign exchange futures.

Mortgage-backed securities continued to lose value this week, prompting an increase in demand for them. The downward trend of these securities took the markets by surprise considering their…

The head of the Coordination Council of Public-Sector Banks defended the recent interest rate cut enforced by the Central Bank of Iran, saying current market conditions do not allow for…

Head of the Bureaux de Change Union sent a letter to economic officials, asking for reform in laws for bureaux de change operation and leniency toward the bureaux, after the central bank’s…

The role of branding in promoting domestic industries and enterprises was highlighted in the Third Brand Conference that opened in the city of Mashhad on Wednesday.

The effect of branding…

After the presidential election in June 2013, almost every investor in Tehran Stock Exchange was waiting for Iran and P5+1 to reach an agreement, which would have consequently led to the lifting…

Iran and Kazakhstan plan to establish a free economic zone in the Caspian Sea with firms engaged in oil and gas and energy technologies.

This was announced at a meeting held between Rabi’…

Tehran Stock Exchange wrapped up a seesaw trading week in red, with TEDPIX notching down 485 points or 0.84% in the week that ended August 19 to stand at 65,218.3.

Trade value at Iran Fara Bourse during the week that ended August 19 rose 45% compared to the prior trading week. However, more than 597 million securities were traded to post a 59% retreat in…

Iran is one of the crucial countries for Armenia. This became apparent when Armenia declared independence after the collapse of the Soviet Union. Azerbaijan and Turkey shut down their border gates…

An Iranian trade delegation led by head of Tehran’s Chamber of Commerce, Industries and Mining and Agriculture, Masoud Khansari, is scheduled to visit the Romanian capital, Bucharest on September…

Iran will produce one ton of caviar this Iranian year (started March 21), said managing director of Propagation, Breeding and Exports of Aquatics Union Arsalan Ghasemi, adding that a kilogram of…

More than 106,000 tons of goods worth $31 million were exported from Lorestan Province during the first four months of the current Iranian year (started March 21), which indicates 1% growth in…

A social media campaign dubbed “Made in Iran” has recently gone viral among Iranian internet users in which they are asked to share the names of five top domestic commodities and services as well…

A memorandum of understanding to facilitate border trade was signed between Iran’s Sistan-Baluchestan Province and Pakistan’s Balochistan Province at the conclusion of the third session of Iran-…

Ukraine is to initiate cooperation with Iran, including in production, as sanctions against Tehran over its nuclear energy program are being phased out, said Ukraine’s Economic Development and…