Economy

Iranian banks doled out loans worth 569.7 trillion rials ($15.1 billion) to economic sectors during the first two months of the new Iranian year (ended May 21), registering a growth of 16%…

The Asian Infrastructure Investment Bank is ready to finalize the assessment report on projects introduced by Iran to the China-based lender to receive funding, AIIB’s deputies announced.

Iran’s biggest bank managed to reduce its ratio of non-performing loans to total loans in the last Iranian year (ended March 20, 2017). According to a statement published on its official news…

The Islamic Republic of Iran Railways plans to run 236 trains on a daily basis in the peak tourist season in Iran (from June 22-Oct. 2), the deputy head of the company, Mir Hassan Mousavi, said on…

Nine piers have been built on Iran’s southern coastlines along the Sea of Oman at Chabahar Port, which will be inaugurated within two months, Mohammad Saeed Arbabi, an official with Ports and…

The government of President Hassan Rouhani has invested 33.81 trillion rials ($901.68 million) in the industries of Khorasan Razavi Province, 8.5% more than what the previous government invested,…

Iran-Brazil Chamber of Commerce will convene in Tehran on July 9. Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafeie made the announcement in a meeting…

A comparative study conducted by Tehran Chamber of Commerce, Industries, Mines and Agriculture on Iran’s foreign direct investment situation and that of 20 countries indicates the Islamic Republic…

Although the first Indian vessel, which set out from the country’s Kandla Port, has already berthed at Iran’s Chabahar, Indians have not worked fast enough to develop the Iranian oceanic port.…

Iran’s major phosphate producer, Esfordi Phosphate Industrial & Mineral Complex, generated 11,223 tons of phosphate during the first two months of the current fiscal year (March 21-May 21),…

Revenues gained by Hormozgan Province’s Customs Administration in the last Iranian year (ended March 20, 2017) stood at 120 trillion rials ($3.2 billion), IRNA quoted customs inspector of the…

Corruption is the first challenge threatening Iran’s economy, prominent Iranian economist, Saeed Laylaz, has said in a write-up published by Iran Chamber of Commerce, Industries, Mines and…

Members of Tehran Chamber of Commerce, Industries, Mines and Agriculture’s Agriculture, Water and Food Industries Commission examined the goals of the sixth five-year development plan (2017-22)…

The green light for the use of chicken paste in sausages and other meat products has been given after long disputes between Iranian health officials.

Tehran Stock Exchange’s main index, TEDPIX wrapped up Monday trading flat to keep hovering at 63,227.

A new online shop, babypro.ir, focused on providing mothers and babies with their needs, has been launched. Although there are already several specialized online infant shops in Iran, such as…

Flying cars are beginning to gain traction around the world and are no longer being seen as a futuristic dream that will not reach the masses.

Now a Dutch firm is set to make the technology…

A startup called Mibarim (we take you) has launched a service which aims to assist short distance carpooling and daily commute within the Tehran metropolitan region.

The brand, which is…

The 18th edition of International Congress of Microbiology will be held at Tehran University of Medical Sciences late August.

The meeting brings together infectious disease specialists, for…

Italian energy giant Eni on Tuesday signed a memorandum of understanding with the National Iranian Oil Company to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn…

The parliament has approved a bill allowing the government to take out $1.5 billion from the National Development Fund of Iran for creating jobs in rural and nomadic areas in the current fiscal…

The gold coin rally in Tehran's market, which started two days ago and registered a 90-day record high, reversed course as prices dropped on Monday to burst the yellow metal's bubble.

Emami…

The better chunk of the two-part South Korean finance for Iranian projects has reportedly been finalized by the two countries’ officials. 

A report by Iran Chamber of Commerce, Industries, Mines and Agriculture said that during the first quarter of the current fiscal year that began on March 21, the money market registered the…

Governor of the Central Bank of Iran has released a statement reassuring the public that the bank is determined to end the lengthy saga of uncertified credit institutions, the news of which…