Economy

It is the most expensive and sought after spice in the world, commonly known as red gold.

Having shared borders and speaking the same language cannot guarantee Iran’s success in trade with neighboring countries, said a board member of Tehran Chamber of Commerce, Industries, Mines and…

The housing market will gradually experience a boom by the end of the current Iranian year (March 19, 2016), says managing director of Roads and Urban Development Organization in Tehran Province,…

Since the acquisition of new aircraft by Iranian airline companies in recent months, the capacity of the country’s civil air fleet has expanded by 20 percent, IRNA quoted head of Civil Aviation…

Fiat Chrysler Automobiles Chief Executive Officer Sergio Marchionne intensified his call for an automotive mega-merger this week.

Hyundai Motor Co. may develop a large premium sport utility vehicle to cater to growing demand, after sales of its lineup of predominantly sedans slumped, Bloomberg reported on Monday.

As companies such as Google Inc., Mercedes-Benz and Volvo Cars race to develop vehicles that are smart enough to drive themselves, even the most sophisticated systems will sometimes be no match…

Minister of Labor, Cooperatives and Social Welfare Ali Rabiei, heading a delegation of representatives of labor groups, employers and governmental officials, is due to travel to the Swiss city of…

Out of one million tons of date produced annually in Iran,  half a million ton is consumed domestically, as only 80,000-100,000 tons are exported, Fars News Agency quoted secretary of the…

The Ministry of Agricultural Jihad hopes that a special terminal at Imam Khomeini International Airport for export of flowers and plants will become operational by the end of the current Iranian…

India’s Foreign Secretary Subrahmanyam Jaishankar is planning to visit Tehran this month as part of New Delhi’s move to renew bilateral ties amid efforts at rapprochement with Iran by world powers…

The city of Rome in Italy is hosting the Food and Agriculture Organization’s 39th biennial conference. Representatives from 197 FAO member states, including world agriculture ministers are taking…

Last week’s remarks by top monetary and financial officials at the 25th Annual Conference on Monetary and Exchange Rate Policies led to ambiguity over the exchange rate policy of the government.…

The secretary-general of the Central Bank of Iran elaborated on the benefits of Checkavak, the unified electronic check exchange system, in a televised program on Saturday.

An analyst has made the case that a rise in business lending not only has no inflationary effect, but also accelerates economic growth.

Asian Infrastructure Investment Bank will officially launch business in 2016 with 57 prospective funding members, including the Islamic Republic of Iran.

Two members of the parliamentary economic committee were selected on Sunday to supervise the operations of the Supreme Council of Insurance (SCI). In an open session, Nasser Mousavi Largani and…

Two members of the parliamentary economic committee were selected on Sunday to supervise the operations of the Supreme Council of Insurance (SCI). In an open session, Nasser Mousavi Largani and…

The gloom hanging over Tehran Stock Exchange keeps dragging down the benchmark, with both retail and institutional investors slashing their expectations about a high yielding market in the near…

Indonesia’s plan to carry out massive infrastructure projects across the country has attracted foreign investors, including the Iranian government, says a senior Indonesian official.

Iran’s capital market has undergone tremendous fluctuations owing to the country’s ambiguous economic status in the past two years. While many here at home and overseas have faith in the market’s…

The two-day Iran Mines and Mining Industries Conference (IMIS 2015), held in Tehran last week, provided an opportunity for foreign mining industry experts to discuss the future of Iran’s mining…

Iran Fara Bourse’s main index, IFX, extended its downtrend, and ticked down 6.1 points or 0.86 percent to catch up with Tehran Stock Exchange and end at 702.71 at Sunday’s close. More than 66…

Researchers at Ilam University, in western Iran, have designed a biosensor that diagnoses even the smallest levels of cocaine in blood in a matter of minutes, ISNA reported on Saturday. Mahmoud…

Apple's plans for 2015 will be laid bare on Monday evening, as the world's most valuable company is set to showcase software updates for the iPhone, iPad and its Mac computer lineup, and introduce…