Economy

Majlis Research Center has revised up the current fiscal year’s (March 2017-18) economic growth estimate by 0.2%.

The center projects a 3.9% GDP growth for the year, largely thanks to…

Iran exported 6,200 tons of eggs to Afghanistan, Qatar and Iraq during the three months to August 22, the head of the Union of Producers of Egg-Laying Hen said.

Last Iranian year (ended…

President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei signed a memorandum of understanding with his Ukrainian counterpart, Gennadiy Chyzhykov, on Monday…

Turkish Deputy Prime Minister Bekir Bozdag has defended a former Turkish minister who had recently been charged with conspiring to violate US sanctions against Iran, stressing that trade…

Minister of Roads and Urban Development Abbas Akhoundi has appointed Mohammad Rastad to replace Mohammad Saeednejad as his deputy and the managing director of Ports and Maritime Organization of…

A new steel production plant has become operational in Ardakan, Yazd Province, in central Iran.

The plant belongs to Chadormalu Mining & Industrial Company and was built on…

Tehran Stock Exchange’s main index gained 100.10 points or 0.12% to end Tuesday trade at 83,469.2.

About 486 million shares valued at $57.8 million changed hands for the day.

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Iran’s largest holding, Social Security Investment Company, is set to offer the shares of all its subsidiaries on the equity market by the end of the current fiscal year (March 20, 2018), the…

The Armenian Parliament ratified an agreement on the establishment of a simplified customs corridor with Iran on Tuesday. The agreement on the joint use of the Meghri-Nurduz Customs Corridor was…

Iran is studying the possibility of sending a astronaut into space, the head of Iran’s Aerospace Research Institute said.

Fathollah Ommi says “The space agency is considering the…

Iran will attend the GITEX Technology Week for the third consecutive year that will open in Dubai on October 8.

Hooman Hajipour, deputy for businesses at Tehran Chamber of Commerce,…

In what would mark a big stride toward the development of Iran's insurance industry and the promotion of its privatization initiative, the government is to relinquish its remaining stake in Amin…

Close to 90,000 tons of fresh tea leaves worth 1.74 trillion rials ($44.61 million) were purchased from local farmers in the spring and summer harvests, the head of Iran Tea Organization said.…

Joint railroad projects between Russia and Iran benefit virtually all of Europe and Asia, the chairman of Islamic Republic of Iran Railways’ International Affairs Department said.

Iran’s stationery market is worth 40 trillion rials ($1 billion) per annum.

"Not long ago, more than 90% of this market used to be in the hands of foreign brands," Secretary-General of…

Iran’s stationery market is worth 40 trillion rials ($1 billion) per annum.

“Not long ago, more than 90% of this market used to be in the hands of foreign brands,” Secretary-General of…

Iran accounted for as little as 4.5% (or $13.3 billion) of around $295 billion worth of imports of its seven neighboring countries, namely Iraq, Turkey, Armenia, Azerbaijan Republic,…

The local manufacturing of bus and van increased by 196.2% and 418% in the Iranian month of Mordad (July 23-August 22) compared with last year’s corresponding period. Iranian automakers, namely…

Minister of Industries, Mining and Trade Mohammad Shariatmadari has been appointed the new Iranian head of Iran-Turkey Economic Commission. Mahmoud Vaezi, the former communications and…

Tehran Stock Exchange’s main index gained 113.40 points or 0.14% to end Monday trade at 83,369.1.

About 478 million shares valued at $36.52 million changed hands for the day.

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Tehran is hosting the 11th International Exhibition of Plastics, Rubber, Machinery and Equipment, better known as Iran Plast 2017, from September 24 to 27.

Tehran Chamber of Commerce, Industries, Mines and Agriculture will dispatch trade delegations to Switzerland, Belarus, Slovakia and Austria by the end of 2017 and host one from Italy.

The equity market is to float its fourth initial public offering in the current fiscal year (started March 21) on Tuesday for Chodan Sazan Company.

A 10% stake in the company equaling 80…

Bank Saderat Iran is working to enhance operations of its branch in Doha to help remove banking problems facing Iranian exporters in Qatar, according to its chief executive.

“I can…

In addition to establishing ties with major international banks, the plan to unify dual foreign exchange rates requires prerequisites, the Central Bank of Iran’s former deputy for foreign…