Economy

Iran has received a request from China to establish a connection between Pakistan’s Gwadar Port, which Chinese companies are developing, and Iran’s southeastern port of Chabahar.

Russia’s company Technoros, specializing in the development of ore quality control systems, will supply its technologies and ore pretreatment equipment to Iran, the firm’s general director said…

Chairman of Guilds Faction of the Iranian Parliament Hassan Pour-Beiglari said financial resources worth 10 trillion rials ($238.09 million) have been considered as export incentives and awards…

The second phase of Iran’s largest paper mill, Pardis Paper Mill Complex, was inaugurated by First Vice President Es’haq Jahangiri on Thursday in Binaloud Industrial Town, 55 km southwest of…

TSE’s main index TEDPIX jumped 2,391 points or 2.5% during the week that ended on Dec. 27 to close at 97,899.2.

The benchmark index of the smaller over-the-counter exchange Iran Fara…

Two iron ore processing plants were inaugurated by a host of government and industry officials in Khorasan Razavi’s Sangan Mineral Zone on Thursday.

A social media platform named ‘Korsii’ has been launched by an Iranian startup -- a mishmash of LinkedIn and Facebook. The platform operates through a website under the address korsii.ir and has…

Iran exported 8.5 million square meters of tiles and ceramics worth $20 million to Pakistan during the eight months to Nov. 21, Iran’s commercial attache to Pakistan said.

Morad Nemati…

The Central Bank of Iran has parliamentary approval to receive 50 trillion rials ($1.19 billion) to start the next phases of the scheme to write-off fines on non-performing loans with the aim of…

A banking syndicate is being created with the specific goal of financing the biggest water transfer project in the country that will take water from the Persian Gulf to the provinces of…

The director of the National Development Fund of Iran pledged the sovereign wealth fund’s support for companies exporting goods and technical and engineering services to Oman in a joint meeting…

Home sales in Tehran reached 17,800 during the ninth month of the current fiscal to December 21, registering a 50% surge compared with the same period last year.

The latest figures–also…

Railway officials of Iran, Russia, Azerbaijan, and Belarus met in Baku on Tuesday to discuss finalizing issues related to the International North-South Transport Corridor, IRNA reported on…

Minister of Cooperatives, Labor and Social Welfare Ali Rabiei says nearly 40 million people have been identified as eligible for the government’s Cash Subsidy Program.  Assuring the public…

South Rouhina Steel Complex exported 500 tons of reinforcement bars to Iraq on Tuesday via Iran Mercantile Exchange’s export trading floor, says Iran’s commercial attaché to Iraq, Naser Behzad…

An estimated 90,000 jobs have been created in Iran’s Free Trade Zones during the past four years, says the secretary of High Council of Free Zones, Morteza Bank.

According to the…

Iran has handled a consignment of tangerines from Pakistan to Kazakhstan in an initiative that could open a new corridor for shipment of food from Southeast Asia to markets as far as Russia.

Iran’s main and junior equity markets ended November with gains of 4.0% and 6.0% respectively in local currency terms, lifted by falling bank deposit rates and gains in global commodity markets…

Iran’s non-oil trade with member states of the Association of Southeast Asian Nations reached $2.63 billion during the eight months to November 22, registering 55.5% growth year on year.

The Iranian Privatization Organization is planning to put on sale 24 state-owned enterprises and assets valued at an aggregate 17 trillion rials ($404.7 million) on January 8, according to Jafar…

Tehran Stock Exchange’s main index lost 253.54 points or 0.26% to end Wednesday trade at 97,899.2.

About 887 million shares valued at $43.67 million changed hands during the day.

A blazing oil well in Iran's southern oil-rich Khuzestan Province was extinguished late on Tuesday after burning relentlessly for almost two months in what was described as the most formidable…

Activist investor Cevian Capital has agreed to sell its 8.2% stake in Swedish truck maker AB Volvo to China’s Zhejiang Geely Holding Group, Cevian and Geely announced in a joint statement on…

The Roads Maintenance and Transportation Organization has issued a directive that makes GPS trackers on cargo trucks mandatory.

The agency’s deputy director Shahram Adam-Nejad says, “The…

Uber Technologies Inc. has agreed to sell its US auto-leasing business to startup car marketplace Fair.com, people familiar with the matter said, bringing to an end the ride-hailing giant’s…