Economy

The production of fresh tea leaves is estimated to reach 100,000 to 105,000 tons in the current Iranian year that started on March 21, registering a 24-28% decline compared with last year due to…

Close to 140 tons of dental units worth close to 33.35 billion rials ($1.02 million) were imported into Iran during the five months to August 22, figures released by the Islamic Republic of Iran…

Iran’s trade with Austria stood at $404 million in 2016, Behrouz Hassan Olfat, director of Europe and Americas Department at the Trade Promotion Organization of Iran, announced.

Iran exported $228 million worth of goods to Russia during the first half of 2017, indicating a 36% increase compared with last year’s corresponding period, Iran’s commercial attaché to Russia…

The Industrial Development and Renovation Organization of Iran and the Ministry of Industry and Trade of the Czech Republic signed an agreement on Saturday to promote industrial cooperation.

Rail wagon and locomotive producer Asia Seir Aras Company is set to have its initial public offering today to mark the current fiscal year’s (2017-18) eighth in the equity market. With a market…

Close to 1,500 tons of hand-woven carpets worth more than $119 million were exported from Iran in the five months to Aug. 22, the head of Iran National Carpet Center announced.

The Iranian steel industry is arguably the main driver of the country’s mining sector, taking the top spot among all metal products with the highest output and overseas sales.

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Tehran Stock Exchange’s main index lost 504.60 points or 0.59% to end Sunday trade at 84,564.9.

About 837 million shares valued at $58.59 million changed hands for the day.

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Lithium batteries can be made to charge 10 to 20 times faster by using asphalt, suggests US research.

Scientists at Rice University speeded up the charging time by making one component…

In the latest installment of the ongoing saga of Russia-based cyber security firm Kaspersky Lab and the US government, the company has a new date with Congress. Rescheduling a hearing originally…

French-American business convention Game Connection has offered a luring incentive to Iranian game developers to attend the event.

Game Connection is an international marketplace to be…

The president of the Central Insurance of Iran elaborated on the four-year outlook of Iran’s insurance industry through the end of President Hassan Rouhani’s second and final term in office.…

In trying to end the downturn in property market by employing innovative tools, the government is tapping the country's budding capital market to help finance the key industry and empower first-…

The chief executive of Bank of Industry and Mine has met with a former Japanese premier to outline the activities of the bank since Iran’s nuclear accord with world powers was implemented in…

With the aim of promoting job creation, Bank Sepah, a major state-owned lender, has allocated 25 trillion rials ($632.9 million) to be granted as loans to projects selected by provincial task…

European banks are showing interest in Iran’s market, the director of financial services at Germany’s KPMG, a subsidiary of one of the world’s leading financial advisory companies, said

Heading a 30-member delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture, Iranian Minister of Cooperatives, Labor and Social Welfare Ali Rabiei is going to attend the…

Tehran Municipality has released its balance sheet for the first six months of the current Iranian year that started in March, unraveling the state of its almost empty coffers.

Tehran will host the Sixth Investment Opportunities in Iran’s Mines & Mining Industries Exhibition, otherwise known as Minex 2017, on October 10–12.

The prices for some flat steel products to be imported into Iran increased last week, while buying activity was slow because buyers wanted discounts.

“The market is not active enough.…

Tehran Stock Exchange’s main index lost 360 points or 0.42% to end Saturday trade at 85,069.5.

About 618 million shares valued at $47.92 million changed hands for the day.

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The production, utilization and import of road construction and mining machinery are a significant indicator of economic growth, as rising numbers would point to increasing development and…

Close to 700 tons of plastic bottle lids worth more than 105 billion rials (around $3.23 million) were imported into Iran during the five months to Aug. 22, based on figures released by the…

Part-time workers constitute 9-10% of Iran’s employed population, the head of Statistical Center of Iran said.

Omid Ali Parsa added that there are 23.8 million full-time employees in the…