Economy

Iran Fara Bourse’s main index, IFX, rose 6.4 points or 0.93 percent to conclude the week’s first working day at 697.91, IFB reported.

More than 77 million securities changed hands valued at…

The construction sector accounts for 40 percent of energy consumption in Iran, according to head of engineering office at National Training Center for Energy Management Mohammad Kazem Valizadeh as…

Agricultural exports are set to reach $7.5 billion in the current Iranian year (ending March 19, 2016), says director of export development department at Trade Promotion Organization, Mahmoud…

Iran and Hungary called for closer cooperation in the areas of agricultural research, trade, fisheries, livestock and poultry in a meeting held between Iran’s Ambassador in Budapest Mohammad Reza…

Many Iranian traders active in Qatar have seen their visas expire without being able to renew them, as officials from both countries met to address the issue.

Iran’s Minister of…

Minister of Industries, Mines and Trade Mohammad Reza Nematzadeh says his ministry plans to utilize financial resources from the National Development Fund of Iran to upgrade the machine-made…

Iran Khodro Diesel, the large vehicle arm of the largest national automaker IKCO, has announced it is to start production of a new 16-seat minibus, called Vana according to the company's PR office…

Jaguar Land Rover is researching road terrain detection technology for its vehicles that would warn other vehicles about potholes and other such road hazards via the cloud.

The automaker…

Passing the driver's licensing test does not always mean new drivers have the critical skills they need to drive safely. In fact, for all new drivers, regardless of their age, crash risk is…

The equity market’s risks along with the limping economy kept draining Tehran Stock Exchange during the week that ended June 10, with almost all the 40 listed industries registering new lows.

Dried or dehydrated fruits are popular snacks throughout the world due to their health benefits, as they contain much of the fruits’ nutritional value, including vitamins, minerals and fiber. They…

A range of steel products produced in Iran have been hit as Chinese exports surge.

The latest data released by Iranian Mines and Mining Industries Development and Renovation Organization,…

Mineral industries account for 45% of industries in the western Hamedan Province, according to chairman of Hamedan Mine House, Rahim Mortezai.

Hamedan has 280 operational mines and proven…

Iran ranked first in cement exports worldwide by sending more than 19 million tons of cement overseas last year, says Morteza Lotfi, the vice president of Cement Industry Employers Association…

Migration of rural population to urban areas is causing capital outflow from the agricultural sector, warned Hamed Qaderzadeh, an agricultural expert.

In a meeting held by visiting vice president of Austria’s chamber of commerce, Richard Schenz, with Iran’s Industries Ministry officials on Tuesday, the Austrian side expressed readiness to speed…

A wide range of international delegations comprising traders, investors and business owners attended the ‘First Project Iran Exhibition’ held in Tehran’s permanent international fairground June 8-…

A Chinese investment group has voiced its readiness to invest $1.7 billion in a project to construct a turbine manufacturing complex in Khomein County in Markazi Province.

At a meeting held in Tehran on Tuesday, chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei and director of International Affairs at Luxembourg Chamber of…

The Consumer Price Index for rural areas increased by 13.1% in the 12-month period ending on May 21, which marks the end of the second Iranian month, compared with the same period of last year, as…

Governor of the northwestern East Azarbaijan Province Esmaeil Jabbarzadeh and parliamentary chairman of the Autonomous Republic of Nakhchivan Vasif Talibov signed a 12-article memorandum of…

Former agriculture minister Issa Kalantari has predicted a 1-2% hike in prices of some agricultural products as a result of the recent rise in fuel prices following the government’s decision to…

Defying a recent decision by the High Council of Statistics, Valiollah Seif, governor of the Central Bank of Iran, said CBI will continue to release statistics on the economic indicators. The…

Minister of Economic Affairs and Finance Ali Tayyebnia said expanding cooperation among regional economies is among the strategic plans of the Islamic Development Bank over the next 10 years.

Vice governor for supervision at the Central Bank of Iran has announced that Mizan Credit Institution’s customers need not worry about their deposits since they will be paid from the institution’s…