Economy

Economy Minister Masoud Karbasian has said the resources required for extending marriage loans will be provided by selling the excess assets of banks through auctions, as their capital has…

Iran’s two major coal companies produced 510,054 tons of coal concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 25% growth year-on-year, the…

Iran Organic Association has devised an ID for organic food products in the form of an 18-digit code containing all information regarding the producer, place of production and the company in…

The US is expected to decide tomorrow whether to continue to waive sanctions on Iran, as agreed under the 2015 nuclear deal formally known as the Joint Comprehensive Plan of Action.

The…

Tehran Stock Exchange’s main index gained 36.79 points or 0.04% to end Wednesday trade at 96,186.

About 1.3 billion shares valued at $69.22 million changed hands at TSE for the day.

Belarus’s state-owned ZAO Meat-Dairy Company and the Iranian company IMEX have signed a cooperation agreement to promote Belarusian agricultural products in the Iranian market, BelTA learned…

Iran exported some $4 billion worth of agricultural and agro processing industries’ products during the first eight months of the current fiscal year (March 21-Nov. 21), registering a 2.7%…

Sugarbeet production has reached 7.5 million tons so far this year, registering a new record, from which 1.9 million tons of sugar are estimated to be produced, an official with the Government…

The track-laying project covering 100 kilometers of Chabahar-Zahedan Railroad will be completed by March 20.

This was announced by Deputy Minister of Roads and Urban Development…

In the budget bill for the next fiscal year (starting March 21), the government has allocated 70 trillion rials ($1.62 billion) to provide aid to underprivileged households and individuals…

Automakers in China face their weakest year of sales growth in at least two decades as a phasing out of tax cuts on smaller engine cars that began in 2017 looks set to further dampen customer…

Continental AG is holding exploratory talks with advisers on possible changes to its structure, a move people familiar with the matter said could amount to a major overhaul and potential breakup…

Alabama will be the site of a new $1.6 billion Toyota Motor Corp. and Mazda Motor Corp. auto plant, a victory for President Donald Trump who has prodded manufacturers to build new US factories…

Since the beginning of the current Iranian year (started March 21, 2017), the government has taken a few measures, including the “Comprehensive Employment Scheme”,  to promote…

Boosting the purchasing power of home buyers has been the main agenda of President Hassan Rouhani’s administration in the past four and a half years and the latest statistics of home sales…

The draft of the amendment to the Anti-Money Laundering Bill has been approved by Majlis Judiciary Commission, the body’s rapporteur announced. Hassan Norouzi also told Fars News Agency on…

Majlis Joint Commission, the body responsible for reviewing the budget bill before its final parliamentary ratification, has approved the inclusion of a clause in the fiscal 2018-19 budget that…

The Majlis Joint Commission has given the nod to most of the government’s proposed figures in the budget bill for the next fiscal year (starting March 21) regarding the issuance of Islamic debt…

Iranian economist Hamid Azarmand believes that the gravest concern about the future of Iran’s economy is for the government to question economic reforms.

Excerpts of his write-up in the…

Tehran Stock Exchange’s main index lost 183.23 points or 0.19% to end Tuesday trade at 96,149.3.

About 1.04 billion shares valued at $52.9 million changed hands at TSE for the day.

Iran exported more than €8.24 billion worth of commodities to the 28 member states of the European Union during the 10 months to Oct. 31, 2017, indicating a 109% hike compared with the similar…

The government has started paying the dividends of “Justice Shares” as of Tuesday with its cap set at 500,000 rials ($11.54) for each shareholder, the head of Iran Privatization Organization…

Tehran Municipality’s budget bill for the next fiscal (March 2018-19) will be submitted to the Tehran City Council on January 20, the deputy mayor for planning and urban development said.

Out of the seven prioritized rail projects in the current Iranian year (started March 21, 2017), one has been completed and six others are under construction and estimated to become operational…

Heading a nine-member delegation of representatives of private companies, Minister of Roads and Urban Development Abbas Akhoundi is scheduled to visit India on Wednesday.

Akhoundi plans…