Economy

The government will not be able to invest in transportation infrastructure in ten years’ time, says the Minister of Roads and Urban Development.

“In the best-case scenario, the revenues…

Poland’s Deputy Prime Minister and Economy Minister Janusz Piechociński is to visit Tehran in September along with a group of businesspeople, as part of Poland’s efforts to tap into the lucrative…

An increase in domestic fruit supplies has led to a significant drop in fruit smuggling, says the head of Fruit and Vegetable Sellers Union. “Fruit prices have dropped considerably.

In a meeting between director of Asia and Pacific Department at Iran’s Chamber of Commerce, Industries, Mines and Agriculture Aliasghar Farshchi and representatives of Japan’s External Trade…

About 235,500 tons of rice worth $242.9 million were imported from Pakistan, the United Arab Emirates, Thailand, Turkmenistan and India in the first quarter of the current Iranian year (March 21-…

The Sixth International Conference on Nanostructures, which will be hosted by Kish Island, is calling for submission of abstracts.

Designing, manufacturing and launching a domestic telecommunications satellite is the most important item on the Iranian Space Research Center's agenda in the sixth five-year economic development…

Toshiba's billion-dollar accounting scandal has shone a light on corporate culture in Japan still beset by collusion in its senior ranks, unquestioning employees and poor external controls,…

T he US dollar rallied after two days of decline against the rial, as investors sold their shares to buy dollars as a row between Iran and the United States sent investors running for safety.

Hossein Abdoh Tabrizi, head of Financial and Economic Research Institute of Transport and Housing, has called for establishment of a fund to help finance construction of highways and freeways.…

As sanctions on Iran are to be lifted later this year, US businesses could be the biggest losers in the rush to stake a claim in Iran—especially the banking sector, a report says.

Iran’s historic nuclear deal with the world powers will give Tehran access to its assets blocked for years in foreign banks due to financial sanctions imposed on the country over its nuclear…

About 11,200 tons of tea worth $52 million were imported in the first quarter of the current Iranian year (started march 21) mainly from India, Sri Lanka, China, the United Arab Emirates and…

According to data released by Iran Customs Administration, about 1.5 million tons of corn for livestock feed, worth $356 million was imported during the first quarter of the current Iranian year (…

Chips exports will increase by 20% in terms of value in the current Iranian year (started March 21) compared to the previous year following the lifting of sanctions imposed against Iran over its…

Agreements worth $100 million were signed between traders from Mazandaran Province and Kazakhstan’s Mangystau region to boost economic cooperation in trade, agriculture, technical and engineering…

Foreign tobacco brands will come to Iran for joint venture production if cigarette imports cease by the end of the current Iranian year (March 19, 2016), said the CEO of Iranian Tobacco Company.…

The Deutsche Gesellschaft für Internationale Zusammenarbeit Vice Chairman of Management Board and Managing Director Christoph Beier met with Iran’s deputy head of Ports and Maritime Organization…

The Statistical Center of Iran has recorded 14.1% growth in the goods and services Consumer Price Index for urban areas in the 12-month period ending July 21, which marks the end of the fourth…

Iran Mercantile Exchange’s secondary market featured 500 tons of tomato paste offered by Isfahan Food Company for the first time, priced at 24,500 rials per kg on Saturday. As IME reported, the…

Iran Fara Bourse’s benchmark IFX notched down 11.36 points or 1.41% to close at 791.88 on Saturday.

More than 60 million securities traded at IFB in 11,041 transactions valued at $15.62…

The Ministry of Agricultural Jihad plans to cultivate corps in 500,000 hectares of foreign land over the next couple of years as part of its “Agriculture Beyond Borders” program, according to…

Tehran Stock Exchange’s main index extended its losing streak for the fifth consecutive day at Saturday’s close, with almost all leading listed companies reaching their negative volatility cap…

In Southeast Asia, Indonesia and Singapore’s ministries of foreign affairs have each published a statement that expressed their positive sentiments toward JCPOA.

Singapore’s statement urged…

The presale of Lifan's small X50 SUV started at the start of the current Iranian month (starting July 21).  X50 is the Chinese company's newest offering in the Iranian market following other…