Economy

After months of being taken over by a private consortium, Iran’s largest lead and zinc mine finally started operation on Tuesday, Iranian Mines and Mining Industries Development and Renovation…

Iran produces about 300,000 tons of cherries per annum, accounting for close to 2% of the global production of the fruit, the manager for development at Commercial Affairs Office with Tehran…

The Persian Gulf port of Shahid Rajaee in the southern Hormozgan Province handled 670,400 twenty-foot equivalent unit of containers during the first three months of the current Iranian year (…

Pakistan is serious about its preferential and free trade agreement with Iran, in the quest of an elusive exponential increase in exports.

Pakistani policymakers hope for significant jumps…

Iran Airports Company registered 121,688 takeoffs and landings during the first three months of the current Iranian year (March 21-June 21), which shows a 6% rise compared with the similar…

An economic delegation of Thai economic players and business owners, including producers of edible oils, coconut powder, hair and skin-care products, ginger, chocolate, jelly beans and chewing gum…

Canada will provide $100 million in finance for a deal between Montreal-based multinational aerospace and transportation company, Bombardier Inc., and Iran’s Qeshm Free Zone Organization for…

Iran is set to export lab equipment in the field of nano technology to China, Ecuador, Cuba and Indonesia as part of a push to globalize the industry. Head of Iran Nanotechnology Initiative…

Telecoms Minister Mahmoud Vaezi unveiled the third and final phase of the National Information Network (NIN) on July 16.

With the initial phase launched in August 2016, the project aims to…

Persian-language navigation mobile application ‘Locs’ is fast becoming the de facto GPS navigator for Iranians thanks to several unique features.

The navigator, developed by a knowledge-…

A knowledge-based startup Raya Pardazesh Hooshmand Amirkabir has launched an e-learning software to promote digital educational communications.

Backed by Amir Kabir University, the…

Samsung Electronics plans to recover gold and other precious metals and components from recalled Galaxy Note 7 smartphones to reduce waste.

Rasheed Bank, the second largest bank of Iraq, has requested to open a branch in Iran, Mohammed Shia al-Sudani, Iraq’s acting minister of industry and minerals, said.

As the Central Bank of Iran has beefed up its regulatory watch over monetary and banking operations, its efforts to curb bank overdrafts, especially in the quarter to March 20, 2017, have borne…

A roundtable meeting was held at Tehran Chamber of Commerce, Industries, Mines and Agriculture to discuss bank interest rates and their potential consequences, as well as the return of double-…

During the first two months of the new Iranian fiscal year to May 21, the number of new apartments built in 12 old districts of Tehran leaped by 56% compared with the corresponding period of last…

More than 1.2 million tons of apples will be produced from close to 60,500 hectares of apple orchards in West Azarbaijan Province located in Iran’s northwest during the current fiscal year that…

Preliminary agreements to revise the existing preferential trade pact between Iran and Turkey were reached by the two sides during the recent visit of Turkish Minister of Economic Affairs Nihat…

The Iranian Red Crescent Society’s Medical Procurement Organization will send 60 tons of medicines and medical equipment, including 350 types of medications and 500 medical equipment, to Saudi…

Non-oil exports, excluding gas condensates, saw a 21% rise during the first four-year presidential term of Hassan Rouhani (started August 2013) compared with the previous government to reach $140…

Tehran Stock Exchange’s main index inched up 72.10 points or 0.09% to end Monday trade at 79,692.9.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

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easyHotel has announced plans to open branches in Iran with an anticipated 500 rooms.

The Asian Football Confederation has some worrying news for Iranian football clubs.

AFC’s inspectors are expected to visit the country to carry out special investigation into the documents…

Direct-reduced iron was transported to an Iranian steelmaker via railroad for the first time in the country.

Coming from Ardakan Steel Complex in Yazd Province’s Ardakan County, the supply…

Iran Mercantile Exchange is planning to debut real-estate trading by the end of the current fiscal year (March 20, 2018) to help the domestic  housing sector exit recession, according to IME…