Economy

A decline in foreign exchange rates and diminished demand has caused a drop of about 700,000 rials ($16.2) in the price of Bahar Azadi gold coin, meaning that gold coin prices have “balanced”…

With around 1.3 million tons of barley purchases, Iran was ranked the third biggest importer of the product in 2017.

Tasnim News Agency reported the above, citing figures released by the…

Buying activity in Iran’s hot- and cold-rolled coil import market was sluggish in the week ending Jan. 3.

Sources told Metal Bulletin this was largely due to national holidays affecting…

The import of eggs should continue for six months to create market balance and prevent a further rise in prices, the chairman of Agriculture Commission of Iran Chamber of Commerce, Industries,…

Non-oil exports accounted for 53% of Iran’s total exports ($31.6 billion) over the nine months to Dec. 21, director general of Commercial Services Expansion Office with the Trade Promotion…

 Iran’s Exclusive Commercial and Industrial Exhibition is scheduled to be held in Baghdad’s International Exhibition Center from Feb. 12 to 15, Iran’s commercial attaché to Iraq announced…

Iranian and Qatari officials have signed a memorandum of understanding on the export of Iran's pharmaceuticals to the Persian Gulf country.

Under the agreement, hard-to-cure Qatari…

With the completion of Negin Island Port in Bushehr Province by the end of the current Iranian year (March 20), the container loading and unloading capacity for Bushehr Port will increase to 600…

Advocates of higher education have long argued its role in helping job-seekers earn more money and find a job.

Iran’s trade with France stood at $3.18 billion during Jan.-Oct., 2017, registering a staggering rise of 112% compared with last year’s corresponding period

Tehran Stock Exchange’s main index gained 340.99 points or 0.36% to end Saturday trade at 96,270.4.

About 1.31 billion shares valued at $82.07 million changed hands at TSE for the day.…

The First International Exhibition of Tire and Rubber Supply will be held at the Olympic Hotel in Tehran from Jan. 9-11.  The event is sponsored jointly by the Ministry of Industries, Iran…

The Renault-Nissan-Mitsubishi alliance is pooling $200 million in a new mobility tech fund, three sources said, in the latest move by major carmakers to adapt to rapid industry change by…

With the help of generous government subsidies, Norway is a world leader when it comes to the adoption of electric vehicles. Now, electrics and hybrids account for more than half of all new…

The Financial Tribune website attracted some millions of visitors in 2017. The list below shows the most-read stories about Iran economy, excluding those developed by other media:

Iran will need to build more than five million new homes in the next decade to fulfill its household requirements, the deputy for housing at the Ministry of Roads and Urban Development said.

The Association of Private Banks and Credit Institutions has reached an agreement with its sister club of state-owned lenders to direct the bulk of their credits toward the revitalization of…

Deputy Economy Minister Hossein Mirshojaiyan has underplayed the gap between the official and open market foreign exchange rates, saying that a 17% difference between the two would not deter the…

A blueprint of Islamic banking has been devised by the Monetary and Banking Research Institute at the request of the Central Bank of Iran Governor Valiollah Seif.

Qeshm Zinc Smelting Company is establishing a zinc hydroxide production plant to extract mine tailings from production waste, company manager, Amir Rahimi, announced. “The new plant will be a…

Over the past week, Iranian stocks wiped nearly all the gains made in the last two weeks over growing political risks and market ambiguities.

Tehran Stock Exchange’s main index TEDPIX…

There is a feeling of growing isolation and perhaps even marginalization by Jordan in light of shifting alliances and new geopolitical realities in the region.

As a result, pundits have…

Thomas Gehbauer is a head of project coordination for German medical equipment supplier Blue Ocean Force Millennium. He has been doing business in Iran for many years, likes and respects the…

A container ship that left Iran’s Khorramshar Port last Saturday to mark the official opening of Khorramshahr-Sohar shipping route docked at Omani port on Jan. 4. The route between the two…

Paper is one of the necessity goods whose import is not monopolized by a company or individual, a statement by the Ministry of Industries, Mining and Trade reads.