Economy

Italy is set to join the ranks of Iranian shrimp customers, says the head of Aquaculture Affairs Department at Iran’s Fisheries Organization. “Italy has recently requested to examine Iranian…

An American trade delegation is set to visit Tehran in late January or February 2016 to discuss purchase of Persian hand-woven carpets, says the head of Iranian National Carpet Center, Hamid…

Investment in different stages of mineral processing is believed to be one of the vacuums in Iran’s industrial arena. Completion of mining value chain poses a challenge, which requires major…

Iran Mercantile Exchange witnessed a bustling trading day on Monday as various commodities were offered in the spot market, including iron ore for export purposes.

Iran Fara Bourse’s benchmark plunged 15.35 points or 1.99% to stand at 757.75 on Monday amid a bleak outlook for industries in the near future. As IFB reported, more than 120 million securities…

After a six-day rout at Tehran Stock Exchange, TEDPIX was lifted on Monday mainly by block trade of several listed companies, including Iran Transfo Corporation.

According to TSE data, most…

Tehran Stock Exchange is awaiting the completion of software that would process derivatives and introduce index options, its chief executive said Monday. The Securities and Exchange Organization…

Donald Trump, an American real-estate magnate and 2016 presidential hopeful for the Republican Party, has criticized the nuclear deal signed between Iran and the six world powers, arguing that…

A senior housing official said on Monday the Ministry of Roads and Urban Development is “partly” in charge of Mehr Housing Project, as it is only tasked with providing lands for the controversial…

The chief of Iran’s cyber police visited electronic payment company Asan Pardakht on Monday, reiterating his commitment to securing banking transactions in  cyberspace.

“Electronic…

In a recent statement regarding the indigenous production of hybrid and electric vehicles, Tehran Municipality's Transportation Committee Chairman Ahmad Donyamali said it is logical and feasible…

Representatives from South Korea's Hyundai Corporation and officials from Iran's Caspian Sea Port Organization have discussed launching a car production venture in Anzali Port.

The northeastern city of Mashhad is hosting Iran's 15th International Auto Exhibition that opened on Monday.

Scheduled to continue until Friday, the event is hosting 150 national and…

While Google has made little secret of its efforts to develop its own car, complete with fully autonomous capability, rival tech giant Apple is yet to make its own plans—or lack thereof—known.

Commission brokers on Tehran Stock Exchange trading floor can now insure against liabilities incurred from trading. A new policy will compensate losses inflicted by brokers on clients by placing…

A senior member of Tehran’s Chamber of Commerce has warned that the entry of commercial banks into non-banking business activities has backfired, causing lenders to become vulnerable to stagnation…

The rial fell 5% against the Central Bank of Iran’s basket of currencies during the fiscal year ending March 2015, showing that the rial’s value has relatively stabilized, said the deputy governor…

A Bank Maskan (Housing Bank) official has raised the possibility of alterations to terms and conditions of mortgages included in the housing stimulus package recently presented by the Central Bank…

The value of pharmaceutical market in Iran, which was $2.35 billion in 2014, is forecast to increase to $3.31 billion by 2024, according to Business Monitor International’s report on the Iranian…

In a meeting between the head of the Agricultural Jihad Ministry’s department for international affairs Houman Fathi, and the Charge d’affaires of the Embassy of Sweden in Iran Per Linnér last…

Statistics by the Islamic Republic of Iran Customs Administrations show that Iran exported about $3 million worth of chewing gum to 10 countries during the first four months of the current Iranian…

Concerns are mounting over the possible flood of imports once the sanctions against Iran are lifted as part of the nuclear agreement reached in July with the P5+1 countries.

Chief executive of Bavaria’s Business and Industries Association, Bertram Brossardt, said his country aims to restore economic ties with Iran, particularly with Isfahan Province.

The 8th meeting of Iran-Austria joint commission on economic cooperation is due to be held in Tehran on September 7-9, coinciding with Austrian President Heinz Fischer’s visit to Iran.

Head of Iran’s Chamber of Commerce, Industries, Mine and Agriculture, Mohseln Jalalpour believes the government should take measures to correct the previous mistakes in implementing the process of…