Economy

Mines in Hormozgan Province exported 183,000 tons of minerals worth over $5 million during the first quarter of the current fiscal year (March 21-June 21), registering a 40% growth in both trade…

Tehran Stock Exchange’s main index gained 39 points or 0.05% to end Wednesday trade at 78,704.5.

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

Economist Mousa Ghaninejad believes that remarks recently made by President Hassan Rouhani in the presence of business owners on the National Day of Guilds can help figure out the incoming…

The growing consumption of cosmetics and personal care products has turned the beauty sector into one of the most lucrative and exciting industries in the world. 

Iran’s exports to Ghana in the last Iranian year that ended on March 20 increased by 170% compared to the year before to stand close to $2.3 million, director general of Trade Promotion…

More than 2,180 tons of Iranian cheese worth 233.6 billion rials (over $6.22 million) were exported during the first month of the current fiscal year (March 21-April 20), the Islamic Republic of…

Close to 1,774 tons of unshelled peanuts worth 82.66 billion rials ($2.2 million) were imported into Iran during the first month of the current Iranian year (March 21-April 20), the Islamic…

Small Industries Investment Guarantee Fund issued its 1,000th letter of guarantee for a manufacturing unit in Qazvin on June 21, managing director of the fund, Mohammad Hossein Moqeiseh, said.…

The government is going to waive delay penalties for miners who move to clear their royalty debt. The measure is aimed at helping financially distressed mines to resume operations, stem rising…

Tens of projects worth 30 trillion rials ($800 million) are under construction in Shahid Rajaee Port in southern Hormozgan Province, the head of Hormozgan Ports and Maritime Organization said.…

Projects worth $330 million have been identified in Iran’s central Markazi Province for foreign investment in the current Iranian year (March 2017-18), the director general of Markazi Economic…

As much as 470 trillion rials ($12.5 billion) have been invested in the rail sector since August 2013 when President Hassan Rouhani took office, a deputy roads and urban development minister said…

The final price of Peugeot 2008 still remains vague as Deputy Minister of Industries, Mining and Trade Mohsen Salehinia dismissed speculations, saying no final price has been “officially”…

Iran Khodro Group, the largest automaker in the country, says it registered 8% growth y/y in the first quarter of the current fiscal year (March 21- June 21).

A report by the company stated…

Urmia, the largest city in West Azarbaijan Province, is set to host an exhibition of vehicles and auto parts from July 4-7, said the manager of expos in the city, Alireza Ajezi.

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Volkswagen has announced it will cooperate with American chipmaker Nvidia on new deep learning technology that may be used inside the carmaker’s future vehicles. “Artificial intelligence is the…

German Economy and Energy Minister Brigitte Zypries said Euler Hermes–a leading provider of trade credit insurance–is interested in covering investments in Iran, especially in energy and…

The share of uncertified financial institutions in the Iranian market significantly shrunk in the first four years of President Hassan Rouhani’s term, as government policies to organize the…

The Royal Norwegian Embassy in Tehran has denied a recent report suggesting that Iran’s Tejarat Bank is to open a branch in the Nordic country.

The Economy Ministry has issued a statement through its anti-money laundering division, providing a mixed reaction to the recent verdict of the Financial Action Task Force concerning Iran.

Six European gas transmission operators have warned the European Commission that talks with Russia over the Nord Stream 2 gas pipeline project could create legal uncertainty for future pipeline…

Tehran Stock Exchange’s main index gained 12.82 points or 0.02% to end Sunday trade at 78,665.50.

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

Sefid Dasht Steel Complex produced 62,214 tons of direct-reduced iron during the first three months of the current Iranian year (March 21-June 21), the deputy head of the company, Jamshid…

Iranian steelmakers produced 6.77 million tons of semi-finished and finished steel products during the first two months of the current fiscal year (March 21-May 21), indicating a 13.3% growth…

The Ministry of Industries, Mining and Trade plans to export $23 billion worth of chemical and cellulose products in the current Iranian year (March 2017-18), an official with the ministry said.…