Economy

A report by the Statistical Center of Iran indicates that the number of operational mines in the country increased by 2.4% in the outgoing Iranian calendar year (ends March 20) compared to the…

Major copper companies produced more than 728,600 metric tons of copper concentrate during the past 11 months of the outgoing Iranian calendar year (to end March 20), IRNA cited a report by the…

With the real estate transactions on the rise, analysts are divided on how this might impact housing prices in the upcoming Iranian year, which starts on March 21.

The national, and more…

Refineries’ comeback at the Tehran Stock Exchange (TSE) dramatically weighed on the benchmark at Tuesday’s close, pushing the overall index to nosedive to a new record low.

After almost a…

Germany’s former environment minister Klaus Topfer  in a meeting with the governor of East Azerbaijan Province Ismael Jabbarzadeh on Monday said, “The time for talking has passed, it is time…

Nearly $6 billion worth of commodity have been traded via border areas of the northwestern Kurdistan Province during the past 11 months of the current year (to end March 20), Mehr news agency…

Nearly 118 metric tons of saffron has been exported from the city of Mashhad during the past 11 months of the current year ( ends March 20), which indicates an increase of about 27% compared with…

When I was a kid, I often wondered where money came from and why didn’t everyone have enough of it to buy all the chocolate and ice cream in the world (or even better, build a chocolate house!). I…

The number of government employees has reduced by 68,201 or 3 percent within the past 18 months since the new administration, led by president Hasssan Rouhani assumed office, public relations…

Iran's economy grew by 3.6% in the first nine months of the current year (ending March 20) compared with the similar period last year, according to the latest statistics released by the Central…

Many Iranians living in the United States, who are nationals of the Islamic Republic, are selling their US assets to increase the supply of US dollars inside Iran and help stimulate their country’…

A new report has highlighted the shifting trends in consumers’ habits in the Iranian electronics market.

The February report of Business Monitor International expects the consumer…

Foreign currencies pushed the rial back down on Monday, after a weak of gains for the Iranian currency.

The rial fell versus all major currencies and gold coins on Monday, as lower foreign…

Parliament members have put forth a new set of solutions for helping increase banks capital, while reviewing a long-waiting bill that seeks to remove obstacles hindering domestic manufacturing,…

Dey Insurance Company (DIC) has received a written notice from the Central Insurance of Iran, the primary insurance regulator, following reports that the reserve requirements submitted by the…

Bank Sepah has vowed to finance 10 major development projects in petrochemical, oil and gas sectors in the upcoming year, starting March 21. The commercial lender provided in the outgoing year…

The seventh Startup Grind of Tehran, held on Sunday, saw a number of young entrepreneurs and start-up enthusiasts come together to discuss business plans, expand their social network and interact…

Monday trading at Iran Mercantile Exchange (IME) witnessed the offering of 50,000 tons of iron ore by the Iranian Central Plateau Iron Ore Mines Complex, priced at $22 per ton, on the export…

The Tehran Stock Exchange (TSE)'s overall index notched up 1.98 percent in five days of winning streak to spur expectations that the equity market is getting back on track.

All indices…

Deputy minister of industry, mine, and trade, Mehdi Karbasian blames the 50% decline in global iron ore prices, sharp declines in the global prices of copper cathodes and concentrate as well as…

Indian Ambassador to Iran, Shri DP Srivastava, says his country is keen to invest in Iran’s steel sector to produce iron powder, IRNA reported.  The envoy made the remarks during his meeting…

As per a new memorandum of understanding (MoU), Iran will have exported 25,500 tons of basic commodities to Iraq by the end of the current Iranian year (March 20, 2015), IRNA cited managing…

More than 6,000 tons of hand-woven carpets were exported over the past 11 months of the current Iranian year (ends March 20), registering a 32% rise compared with the similar period last year,…

The second production line of the joint Iran-Croatia cigarette manufacturing company was inaugurated in the northern city of Sari in Mazandaran Province, Mehr news agency reported. The two…

Iran’s water crisis has surpassed the critical point. But even as citizens are faced with the crippling challenge on a daily basis, the approach adopted by the relevant authorities show no sign of…