Iran can achieve self-sufficiency in sugar production within the next four years provided domestic factories are equipped with up-to-date machinery.
Economy
- Economy
China has traditionally been Iran's biggest trading partner. The Joint Comprehensive Plan of Action, the official name of the nuclear deal Iran signed with world powers, including China, in 2015…
EconomyIran produced some 18 million tons of petrochemicals and polymers in the first four months of the current fiscal year (March 21-July 22), meeting nearly one-third of its production target for the…
EconomyThe next version of Microsoft’s HoloLens may be better at navigating reality than the current version of the mixed-reality headset, thanks to a new coprocessor the company announced Sunday.
EconomyA new a knowledge-based website, hitechexport.ir, has been launched with the aim of exporting technological products.
The platform, supported by Iran’s Vice Presidency for Science and…
EconomyApple has called time on the last remaining app-free music players produced by the firm, iPod Nano and iPod Shuffle, according to Reuters. The main reason for the ending of the two basic music and…
EconomyMoghan Cable and Wire Company, a local manufacturer of telephone cables, has begun exporting its products to several countries.
CEO Mehdi Ebrahimian, said his company is now exporting…
EconomyApple Inc says it is removing virtual private network (VPN) services from its app store in China.
VPN services offer access to internal networks and are popular in several countries for…
EconomyIran's crude oil exports to European Union countries in the first four months of the year reached 9.31 million tons, more than six times higher than those in the corresponding period last year.…
EconomyThe Iranian mining sector has a lot to boast about. With huge untapped reserves, cheap energy and skilled workforce, the industry seems set to be a major driver of the economy.
Yet,…
EconomyTehran Stock Exchange’s main index shed 88.40 points or 0.11% to end Saturday trade at 81,420.9.
About 660 million shares valued at $48.89 million changed hands for the day.
Trading…
EconomyBattling corruption in any organization requires the creation of an ambience where interactions between clients and officials are minimized.
By implementing proper mechanisms, this…
EconomySaeed Fallahpour, an academic and a certified risk manager, has become the Securities and Exchange Organization’s new deputy for executive affairs. Fallahpour holds a PhD in financial management…
EconomyThe UK is pursuing the reestablishment of ties between major British lenders and their Iranian counterparts, but according to Lord Lamont, the country’s trade envoy to Iran, complications persist…
EconomyAccording to the latest report of the Statistical Center of Iran, there were 8,975,135 apartments across Iran, which accounted for 39.9% of all residential units by the end of the previous fiscal…
EconomyIn the month ending April 20, the government's debts to the banking system, including the Central Bank of Iran, commercial, specialized and private banks, exceeded 2.2 quadrillion rials ($58.3…
EconomyIranian banks are reluctant to initiate interest rate cuts, the secretary-general of Private Banks and Credit Institutions Association said.
EconomyA delegation led by the governor of Croatian National Bank, the central bank of East European nation, will travel to Tehran in the foreseeable future to remove banking hurdles, the assistant…
EconomySustainable food production and supply are indispensable for a nation’s survival and security.
Agriculture sector plays a strategic role in ensuring the same and promoting economic…
EconomyAbout 31,000 tons of zucchini and pumpkins worth close to 33.78 billion rials ($8.93 million) were exported in the last Iranian year that ended on March 20, 2017, the Islamic Republic of Iran…
EconomyAbout $312 million worth of commodities were exported from Markazi Province during the first four months of the current Iranian year (started March 21), registering a 63% increase compared with…
EconomyThe goods and services Consumer Price Index for rural areas in the 12-month period ending June 20, which marks the end of the Iranian month of Khordad, increased 8.8% compared with last year’s…
EconomyAn Iranian economic delegation headed by Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, is scheduled to visit Switzerland from September 27 to 30 at…
EconomyThe Producer Price Index in the 12-month period ending December 21, which marks the end of the Iranian month of Azar, increased 7% compared with last year’s corresponding period, according to the…
EconomyThe government-backed Competition Council that keeps an eye on the prices of local products, including vehicles, has given permission to some local carmakers to increase prices of several models…
Economy

