Economy

Kyrgyzstan’s Ambassador to Iran, Asanbeyk Osman Aliyev, called for promotion of bilateral business ties, in a meeting held in Mashahd on Tuesday with governor-general of the northeastern Khorasan…

An Iranian trade delegation is scheduled to visit Venezuela next month to put an end to the recent slowdown in bilateral trade relations, head of Iran’s Trade Promotion Organization, Valiollah…

Saipa Automotive Group’s CEO has said that to remain competitive his company will increase their prices by 15 percent, ISNA reported. Saeed Madani said that “prices across the board will increase…

Chairman of Iran's Institute for Trade Studies and Research says the Iranian government and parliament are working on new incentives to encourage foreign investment in the automobile industry,…

Automakers including Volkswagen, General Motors and Ford Motor are slashing prices for vehicles they sell in China in response to a slowdown in demand that threatens the industry’s rich profit…

Iran’s e-check system, Chekavak, will go online nationwide on May 26. The new system is aimed at reducing the number of bounced checks and making transactions more secure, the Central Bank of Iran…

Iran’s foreign exchange markets saw some movement due to international news on Tuesday, after a week of slow trade.

The Azadi gold coin fell as profit-taking in Asia and Europe pushed the…

Governor of the Central bank of Iran Valiollah Seif called on banking executives and other major players in the money market to embrace policies that serve the entire financial system and not just…

First Vice President Is’haq Jahangiri called on the three branches of the government to help tackle the rising crisis of bad debts, with which the banking system has been struggling in recent…

Unlike past practices, the Central Bank of Iran has decided to leave it to banks to decide the collateral required in return for micro-loans, causing fears that heavy collateral is awaiting small…

The thirty-six percent value added tax on textiles is the reason behind the unreasonable prices of domestically produced fabrics, head of Tehran’s Textile Union, Amir Ghadiminejad, told ISNA on…

Deputy foreign minister for Euro-American affairs, Majid Takhte- Ravanchi, invited the Chilean private sector to invest in the Iranian market, in a meeting with political advisor to the Chilean…

Iran’s $160 billion value of trade during the past Iranian year (ended March 20) shows that the country has continued to interact with the world and that the western sanctions [imposed against…

In the light of the worsening water crisis in the country, the ministry of agriculture is pursuing the implementation of an ‘Agriculture Beyond Borders’ program, which allows for farming in…

Iran and Georgia should take necessary measures to increase their annual trade which is currently hovering around $200 million, deputy minister of cooperatives, labor and social welfare Naqi…

Head of Iran-Italy joint chamber of commerce Ahmad Pourfalah called on Italian companies to invest in Iran’s industrial projects in a bid to expand bilateral commercial ties.

During the first month of the current Iranian calendar year (began March 21), 38,400 metric tons of potatoes worth $15 million were exported, 1,479 times the value in the same period a year ago.…

Close to 144 million securities changed hands at Iran Fara Bourse on Tuesday trading, valued at more than $71.5 million, IFB public relations reported. The IFB recorded an almost flat trading day…

In a meeting between a high-ranking Italian trade delegation and Iran Mercantile Exchange (IME) officials, the two sides stressed on enhancing economic cooperation and export of Iranian…

The Iranian National Copper Industries Company (NICICO) extracted copper ore worth more than $12 million in the month ending on April 22, according to data released by the Iranian Mines and Mining…

The overall index was set to pile up considerable gains on Tuesday, however the fragile atmosphere at the TSE led to the TEDPIX pulling higher only 0.19 percent to kept hovering at 63,000-level…

Deputy minister of industry, mine and trade, Mohsen Salehinia, says the industry and mining sectors need 1,700 trillion rials (more than $59.5 billion based on official currency exchange rate)…

According to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), the mining companies affiliated to IMIDRO sold 9.46 trillion rials worth of iron ore last…

Apple Inc. was handed a mixed ruling by a US appeals court in the latest twist in a blockbuster intellectual property battle with Samsung, as a prior patent infringement verdict was upheld but a…

Sony has announced a new product that will put a Bluetooth speaker into your room in a way that you might not even notice the speaker is there.

The product has been unveiled in Japan…