Iran accounts for 130-160 tons of the 200 tons of saffron produced worldwide every year and ranks first and far ahead of Spain, Italy, the US, China, Afghanistan, Austria, Switzerland and…
Economy
Economy
Following the July announcement by chairman of India’s state-owned Kudremukh Iron Ore Company, Malay Chatterjee, that the company plans to sell as much as two million tons of pellets to Iran, head…
Economy
The looming threat of underpriced steel imports has turned into a major concern for Iranian steelmakers who are already struggling with numerous domestic hassles.
Economy
Tehran Stock Exchange’s benchmark failed to extend its Monday gain and lost 113.1 points or 0.17% to end at 65,189.4 on Tuesday to underline the prevailing dented sentiment in the equity market.…
Economy
More than 125,300 tons of commodities were offered by 32 local suppliers on Iran Mercantile Exchange’s trading floors on Tuesday. According to IME, the oil and petrochemical trading floor played…
Economy
Head of the Economic Office at the Central Bank of Iran has touted the government’s oversight and control of liquidity, saying the ideal growth for money supply in an economy like Iran would be…
Economy
The plan to cut zeros from the Iranian national currency—the rial—has been deliberated by the Central Bank of Iran for sometime now. The policy was successfully initiated by several countries in…
Economy
The government is going ahead with its plan to create a centralized foreign exchange market, according to Economy Minister Ali Tayyebnia.
Tayyebnia made the announcement on Monday night…
Economy
India is preparing to pay the first installment of dues it owes to Iran for oil import as early as next week, Press Trust of India reported this week, citing finance secretary Rajiv Mehrishi. With…
Economy
Poultry and livestock production has exceeded domestic demand and it is high time the sector considered increasing exports, said the director general of Livestock Department at the Ministry of…
Economy
Mohsen Pak Ayeen, Iran’s ambassador to Azerbaijan says the lifting of sanctions will promote Tehran’s relations with Baku.
“I hope, relations between Azerbaijan and Iran will get closer,…
Economy
Bandar Abbas in the southern Hormozgan Province registered the maximum transit cargo movement during the first four months of current Iranian year (started March 21) compared with the other 15…
Economy
Studies show that the factors behind economic growth during the past Iranian year (ended March 20) have either diminished or their mechanisms have reversed in the opposite direction this year.…
Economy
The main obstacle in the way of expanding exports of dairy products is high price of milk, says chairman of Agriculture, Water and Foodstuffs Commission at Tehran’s Chamber of Trade, Industries,…
Economy
More than 28,000 tons of goods worth $25 million were exported from the city of Abadan, located in Khuzestan Province, to Kuwait and the United Arab Emirates in the first four months of the…
Economy
In a meeting between the director of Economic and International Affairs Department of East Azerbaijan Governorate, Ahmad Mohammadzadeh and the chairman of the State Customs Committee of Nakhchivan…
Economy
Iran's Minister of Communications and Information Technology Mahmoud Vaezi met with Armenia’s Ambassador to Iran Artashes Tumanyan in Tehran on Sunday. Vaezi highlighted the importance of…
Economy
As developing a local search engine is prioritized by Iran, the need for search engine optimization also becomes more evident.
Online business has boomed in Iran in recent years and SEO is…
Economy
Silicon Valley tech giants and backers are flocking to a water-conserving shower head as a solution for the California drought.
A shower system produced by the startup Nebia raised more…
Economy
Cargo transit from Central Asian countries to the southern port city of Bandar Abbas through Iran's rail network will be entitled to 35% discount, says deputy head of the Islamic Republic of Iran…
Economy
In a meeting presided by President Hassan Rouhani on Sunday, the cabinet appointed Ali Abedzadeh, former chairman of Iran Aseman Airlines, as the new chief of Iran Civil Aviation Organization. The…
Economy
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Mohsen Jalalpour, says an economic boom in the post-sanctions era is unlikely since sanctions account for only 25% of the…
Economy
Minister of Industries, Mining and Trade, Mohammadreza Nematzadeh emphasized the need to expand production and export of medical devices in the meeting of the ‘Working Group on Development of Non-…
Economy
The CEO of Iran’s Cotton Fund Company, Mohammad Hosein Kaviani, says the area under cotton cultivation has decreased from 90,000 hectares last Iranian year (ended March 20) to 55,000 hectares this…
Economy
A Pakistani trade delegation visited North Khorasan on Sunday and met with the head of Chamber of Trade, Industries, Mining and Agriculture of the province, Mohammad Samadi to discuss expanding…
Economy
