Economy

Iranian researchers have produced the world’s third strategic metal using mining waste.

Iranian researchers at a Science Park in Markazi Province, central Iran, recovered slag from zinc…

Students from Sharif University of Technology ranked eighth at the 22nd International Mathematics Competition (IMC) for University Students in Blagoevgrad, Bulgaria.

Iran’s mathematics team…

Researchers of Iran's Royan Institute for Stem Cell Biology and Technology have reported great advancements for the treatment of children suffering from cerebral palsy and polio.

"They used…

Children as young as 10 can learn the basics of coding at a summer event named CodeKadeh planned in the Iranian capital Tehran.

German carmakers BMW, Audi (VW) and Daimler will pay around $2.75 billion to buy Nokia's maps business, a transformational deal that will help them to develop self-driving cars.

Daimler,…

Sony has launched the Xperia C5 Ultra and Xperia M5 camera-focused smartphones on Monday in India and announced that the new handsets will be available in single-and dual-SIM variants.

Both…

Export Development Bank of Iran managed to stand at 514th position among top 1,000 world banks, according to the latest ranking issued by the Banker magazine in July. Banks are ranked based on ‘’…

Bilateral cooperation between Zimbabwe and Iran has been hampered by Harare’s failure to settle its €16 million ($17.4 million) debt to Tehran.

A parliamentarian has called for fundamental reforms in the banking system, as commercial banks have been allocating more than half of their financial resources for non-banking business.

As more details emerge on how the yet-to-be launched real-estate bourse will operate, opinions grow more divisive over the initiative.

Tehran Association of Realtors is among the notable…

Finally Iran's financial industry is opening up to foreigners, as Iran moves to increase competition in the sector. The government is preparing a bill to allow foreign ownership of banks in Iran,…

Iran has one of the world’s most avid tea drinking population, but tea plantation has suffered greatly over the past years from an influx of imports and smuggled tea as well as lack of government…

Iran plans to buy a total of 80-90 airplanes a year from American planemaker Boeing and its France-based counterpart Airbus in the first phase of renovating its ageing air fleet once sanctions are…

The government officially announced on Monday that it will further reduce its heavy subsidy burden by removing two million people from the cash subsidy list before the month is out.

In a meeting with head of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour, Thailand’s Ambassador to Iran Rasmee Chittham expressed his country’s willingness to…

Iran is planning to send commercial attachés to Italy, the United Arab Emirates, Algeria, Kenya, Vietnam, Oman, Iraqi Kurdistan and China’s Shanghai in the coming weeks, announced the managing…

More than 492,000 tons of non-oil goods were exported via Shahid Bahonar Port in the city of Bandar Abbas, Bushehr Province during the first four months of the current Iranian year (started March…

About 10,000 tons of Listao worth $20 million and 2,000 tons of Tilapia worth $8.5 million were imported from South Korea and China respectively in the first quarter of the current Iranian year (…

A new report released by the Parliament’s Industries and Mining Commission estimates the country’s annual steel production capacity at about 14.5 to 16 million tons from the previously assumed 20…

Earlier this month, the United States reached a historic nuclear agreement with Iran aimed at limiting Tehran’s nuclear program. The pact was welcomed in New Delhi, with one Indian official…

The Securities and Exchange Organization is planning to launch a new comprehensive database of all listed companies, known as CODAL system within the next three months.

The new system is…

About 100,000 tons of granulated iron ore were offered by Sangan Iron Ore Complex on Iran Mercantile Exchange’s export trading floor on Monday.

The export trading floor also played host to…

An aerial geophysical surveying project to explore mines in East Azarbaijan Province has been launched. Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh on Saturday attended the…

Prevailing ups and down at Tehran Stock Exchange on Monday, especially for large-cap stocks, curbed investors’ enthusiasm and led to lingering low trade volume and value at the equity market.

Sales of Fiat vehicles have officially begun in Iran for the first time. An Iranian company named Lotus International Development announced on their website that Fiat 500, Fiat 500 L, Doblo and…