Economy

The government-backed Innovation and Prosperity Fund (NSFund) will provide knowledge-based firms with business consultation to assist them in their work.

Every year, the world’s biggest smartphone manufacturers (apart from Apple) descend on Barcelona to announce their shiny new phones at Mobile World Congress.

The event officially runs…

The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a…

Three main reasons were behind the recent gold coin rally, the head of National Gold and Jewelry Union said.

Cooperation between the insurance industry and capital market could help control the volume of liquidity, whose rise has triggered concerns in recent years, the head of the Central Insurance of…

Foreign Minister Mohammad Javad Zarif arrived in the Serbian capital Belgrade on Monday for the first leg of his East European tour, which will also take him to Bulgaria, Croatia and Bosnia.…

Iran’s Cabinet members have reduced import tariffs on frozen beef from 26% to 12%. 

The decision was communicated to the ministries of agriculture, industries and economy on Sunday…

Trade between Iran and Belgium stood at over €678 million in 2017, registering a 10.35% rise compared with 2016. 

This makes the European country Iran’s seventh biggest trade…

The average Producer Price Index in the 12 months ending Feb. 19, which marks the end of the Iranian month of Bahman, increased by 10.2% compared with last year’s corresponding period, the…

The Sixth Iran’s International Coffee Festival, also known as Coffeexiran 2018, is scheduled to open at Tehran’s International Permanent Fairground on March 2.

According to the official…

An economic and commercial delegation led by Vice President Mohammad Khazaei is scheduled to pay a two-day visit to Russia on March 5-6 to attend Iran-Russia Economic Cooperation Commission,…

Iran’s southeastern Chabahar Port can be seen from two viewpoints. From the viewpoint of empowering less-developed regions of Iran, it shows that in their drive to develop the southeastern part…

A 45.31% stake in Ahwaz Rolling and Pipe Mills Company offered by the Iranian Privatization Organization on Sunday failed to attract any buyers. The organization put up over 1.7 billion shares…

Iran’s largest flat steel producer Mobarakeh Steel Company ended the 11 month of the current fiscal year (Feb. 19) with robust growth in sales value and double-digit upticks in production and…

Irrigation efficiency in Iran has increased from 35% 10 years ago to 45% presently, the head of Soil and Water Research Institute affiliated with the Ministry of Agriculture said.

Kambiz…

Tehran Stock Exchange’s main index gained 18.31 points or 0.02% to end Monday trade at 98,098.5.

About 978 million shares valued at $74.40 million changed hands at TSE for the day.

Kian Motor Varna has started the sale of crossover Borgward BX7 in Iran. The vehicle is priced at 2,799 billion rials ($62,200). No installment plans are available.

Volkswagen has announced plans to introduce a new convertible model based on its recently revealed T-Roc crossover in 2020.  The company plans to invest over $98 million to build what could…

Geely Automobile Holdings Ltd’s shares jumped on Monday after its chairman Li Shufu revealed he had built a $9 billion stake in Daimler AG, gaining leverage as he tries to convince the German…

In a sample of 25-odd developing countries that make up acronyms like Next-11, MINT, BRICS, ASEAN, BIMSTEC and CIVETS, Iran at 38% had one of the highest savings rate in 2016. 

The Iran Chamber of Commerce, Industries, Mines and Agriculture has announced its readiness to steer Iran Insurers Syndicate to increase the share of private businesses in an industry suffering…

The total number of housing deals in Tehran reached 18,400 during the 11th Iranian month to Feb. 19, registering a 17.7% increase compared with the same month of last year, the Central Bank of…

Following the Financial Action Task Force’s latest decision, Iran’s Ministry of Economic Affairs and Finance issued a statement declaring that while it expected better results, the country will…

An Iranian business delegation led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit Albania and Macedonia from April 23 to 26…

The Ministry of Industries, Mining, and Trade issued 13,974 permits for the establishment of industrial units during the nine months to Dec. 21, 2017, registering an increase of 16.9% compared…