Economy

A number of companies from several countries have expressed interest in implementing construction projects in the town of Pardis, the chief executive of state-owned Omran Pardis New Town Company…

Majlis Joint Commission has removed an article incorporated in the bill for the next fiscal (March 2018-19) about imposing  a ban on the import of transgenic crops that fail to secure…

Three Airbus A319 secondhand jets landed in Mashhad International Airport on Wednesday and are expected to join the fleet of a newly-established Iranian airline, Tehran Air. Reza Jafarzadeh, the…

Cigarette tax will remain unchanged as approved by Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill proposed by the government before its final…

No cases of human infection with the H5N6 strain of avian flu have been reported in Iran yet, Mohammad Mehdi Gouya, the director-general for communicable diseases at the Health Ministry…

With 229 vessels, Iran accounts for 1.1% of the global maritime transportation capacity and ranks 20th in this respect.

Managing Director of the Ports and Maritime Organization of Iran…

Iranian steel billet export prices increased by $5 per ton over the week that ended on Feb. 14, with deals being reported at the higher prices.

Metal Bulletin’s weekly price assessment…

Pakistan’s recent restrictions on fresh fruit imports from Iran have sparked fears among Pakistani exporters that Iran may retaliate by imposing similar curbs on shipments from Pakistan.

Bank of Industry and Mine sold off a 51% stake in its investment arm, Industry and Mine Investment Company on Tuesday on the capital market, BIM’s head of subsidiaries and general meetings…

Filmtabdil is a local startup which converts old films and cassette tapes into digital format to help save family memories from deterioration in a rapidly changing digital world.

A potentially serious new bug has been detected which can affect a wide range of Apple devices. Software engineers at Aloha Browser discovered two Unicode symbols in a non-English language that…

Europe’s justice commissioner told Facebook, Twitter and Google to do more to bring their user terms in line with EU law, ramping up pressure on the tech giants after their efforts were deemed…

A university student named David Nadlinger has won the top prize in a science photography contest held by UK’s Engineering and Physical Sciences Research Council after capturing a photo of a…

Ma Insurance has recently renewed a contract it signed with PartnerRe’s French branch in 2016 as part of efforts to expand its international presence. According to a press release by the company…

South African’s ambassador to Iran has said his country is negotiating with the Office of Foreign Assets Control of the US Treasury Department to get a license for South African banks to work…

As the fallout from the forex market volatility continued into Wednesday, the Cabinet approved a package by the Central Bank of Iran to stabilize the market and push speculators into a legal…

Tehran home prices and deals were up in the third quarter of the current fiscal year to Dec. 21 on an annual basis, but the number of rental contracts for residential units showed a declining…

The US dollar is notching new highs against the rial in Tehran’s foreign exchange market these days, while the stock market remains relatively dormant.

This is while equities, especially…

Tehran Stock Exchange’s main index gained 244.62 points or 0.25% to end Wednesday trade at 98,347.9.

About 737 million shares valued at $69.68 million changed hands at TSE for the day.…

The Ministry of Industries, Mining and Trade issued 702 mineral exploration permits during the nine months to Dec. 21, 2017, indicating a 27.9% rise compared with last year’s corresponding…

The Iranian steel industry’s path to its 2025 capacity expansion goals has proven to be a bumpy one, with new challenges surfacing every year.

Domestic steelmakers aim to increase crude…

Iranian firms have the capacity to provide up to 70% of equipment needed by South Pars Phase 11, which is due to be developed by France’s Total and its partners, chairman of the board of…

Iran is estimated to produce more than 10 million tons of wheat in the next fiscal year (starting March 21).

As a result, Iran will remain self-sufficient in wheat production for the…

Iran is the world’s 10th biggest producer of flower and plants, though the country has only a 0.3% share in global export markets, making it the 107th flower exporter, the head of Iran’s Flowers…

Iran produced a record high of 8 million tons of sugarbeet in the current Iranian year (ends March 20), the executive of the Ministry of Agriculture’s so-called Sugarbeet and Sugar Project…