Economy

The Iranian Ceramic Products Syndicate (IRCPS) said on Saturday that the country’s tile and ceramics industry is working at only 40% capacity and that many companies are on the verge of bankruptcy…

Over 43,000 tons of various commodities were up for grabs on the spot market at the Iran Mercantile Exchange (IME) on Saturday, according to the IME’s public relations office.

The figure…

The Iranian Cement Industry Association is sending a proposal to the ministry of industry, mine and trade seeking to put an end to cement exports through channels other than the Iran Mercantile…

A big rally at the Tehran Stock Exchange (TSE) pushed the TEDPIX above 75,000 at Saturday's close, demonstrating a strong bullish trend, as all indices recorded breathtaking earnings, with the…

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the new policies pursued by the organization encourage the presence of the private sector in new…

The Securities and Exchange Organization (SEO) said it was holding negotiations with the oil ministry to remove the obstacles faced by the listed petrochemical companies and refineries, reported…

Despite the fact that Iran is a major producer of herbs in the region, the industry remains somewhat low-profile. That is mainly because Iranian products are offered in loose packaging that…

An official with the Tehran Stock Exchange (TSE) has said that more foreign investors are entering the equity market despite financial restrictions imposed by western sanctions.

“The TSE…

The 2nd Iranian Auto Industry International Conference (IAIIC) is due to be held in December in Tehran to present the attractions of the country’s auto industry to global automakers.

Plenty of skeptical investors are mulling over pouring money into the Tehran Stock Exchange (TSE), as the bull market has been reigning for more than past two months at the equity market.  …

Launching steel plants in the southeastern province of Sistan and Baluchestan will help local economy grow, said Hamed Ali Mobaraki, head of the Chabahar Free Trade and Industrial Zone (CFTIZ). “…

Initial policies for the use of the digital currency Bitcoin are being set out by the National Center for Cyberspace (NCC), the deputy head of regulatory affairs of the organization told IRNA on…

Almost one year after the US began to loosen sanctions on exports to Iran, Apple is reportedly in early stage talks with distributors to start official sales of its products in the country.

The Azadi gold coin is set for a drop on Saturday and Sunday before Iran's market takes a two day break on Monday as Iranians mark Ashura, mourning the martyrdom of Imam Hussein and his companions…

The ban on import of refrigerator trucks will be conditionally removed after a decision made during the cabinet’s latest meeting, IRNA reported on Friday. According to the new ratification, less…

Iran- Georgia bilateral exchanges can increase ten-fold, the head of Iran-Georgia Parliamentary Friendship Group, Moayyed Hosseini said in the meeting between an Iranian parliamentary delegation…

The validity of country transit permits for automobiles from United Arab Emirates has decreased from 60 days to 30, the Islamic Republic of Iran Customs Administration (IRCA) stated on Friday.

Iran-Turkmen-Kazakh railroad is scheduled to be operational by the end of 2014, a senior government official said.

“Once the project is finished, it will have the capacity to transport 10…

The submission of orders for sugar imports to meet the domestic demand will commence by mid-November, a member of the board of representatives of the Tehran Chamber of Commerce said.

More than 6,000 tons of different products including tea, construction materials and dried fruits have been exported from Sarakhs Special Economic Zone (SSEZ) to foreign countries in the first…

A growing number of foreign airliners have expressed interest in operating in Iran, the national civil aviation organization has reported.

According to IRIB news agency, 33 foreign airlines…

With the completion of several major industrial projects, which are to be implemented till the end of this year (March 2015), around 97,000 job opportunities will be created that is a sizeable…

Iran exported $314 million of hand-woven rugs last year (ending March 21, 2014), with the industry remaining popular with foreign markets, Hamid Kargar, the head of Iran’s National Carpet Center (…

Iran harvests about 90% of the world’s saffron production, but a lot of the exported saffron is later packed, relabeled under various brands in places like the UAE and Spain and re-exported to…