Economy

The achievements of recent years, including the Joint Comprehensive Plan of Action, macroeconomic stability, Health Overhaul Plan and export of 1 million barrels of oil are all valuable but…

An Iranian exhibition with more than 20 companies showcased products and services in a wide range of fields, including construction, foodstuff, pharmaceuticals, carpet and shoemaking, in Dushanbe…

CEO of Iran’s Wagon Pars Company says his company was revived under President Hassan Rouhani’s government, which has boosted rail expansion with an eye on propping up domestic industries.

Islamic Republic of Iran Railways signed a memorandum of understanding with Spain’s Administrador de Infraestructuras Ferroviarias ADIF on Wednesday to cooperate in rail traffic control.

Iran’s first-ever stone paper factory opened in the city of Shendabad in East Azarbaijan Province’s Shabestar County on Tuesday.

Organized by the German trade show specialist fairtrade in cooperation with their Iranian partners Palar Samaneh, Iran’s 24th International Food, Beverage and Hospitality Trade Fair is scheduled…

Iron ore exports from Iran are now declining, as the volume in April reached 10.46 million tons, which is down by 6% compared to the same period of Iranian. The month-on-month data also declined…

A major Iranian pharmaceutical company has signed a contract with a Turkish entity to produce medicine in the neighboring country.

Secretary-General of Iran-Turkey Commercial Council Jalal…

With only days left to Iran’s presidential elections, the Ukrainian Embassy in Tehran held a gathering of Iranian and Ukrainian officials and businesses this week to discuss bilateral cooperation…

Tehran Stock Exchange’s main index gained 214.90 points or 0.27% to end Wednesday trade at 80,344.2.

Wednesday is the last weekday of trading in Iranian exchanges.

More than 927…

Tehran's Mehrabad Airport on Wednesday saw the touch-down of four brand new ATR 72-600 planes that joined the rejuvenating fleet of Iranian aircraft.

The new planes are the first batch of…

The CEO of industrial vehicle manufacturer Zamyad, has made known that the company’s light-duty commercial vehicles have a 35% share in the market. Fereydoon Hamidi, says the company’s production…

The director of Iran’s Auto Parts Dealers Guild, Ghulam  Reza Bakhshizade, has dismissed claims by several auto industry experts that the main problem with Iran’s auto parts sector is…

Renault Pars, a local subsidiary of the French carmaker says it will upgrade the transmission system used in three models.

According to a press release from the company, Renault’s JHQ…

What Iran has done so far to conform to international standards concerning anti-money-laundering and combating terrorism financing initiatives will be sufficient for the Financial Action Task…

The greenback was traded at 37,570 rials in the open market and 32,447 rials in the official market with a respective increase of 136 rials and a decrease of 2 rials. On the other hand, the…

China’s Finance Minister Xiao Jie underscored Iran’s strategic role in China’s New Silk Road plan, noting that Iran can be a party for fulfilling the ‘”One Road, One Belt” vision initiated by the…

The governor of the Central Bank of Iran emphasized the importance of supporting production, referring to the entity he leads and the banking system as the main bodies backing the sector.

Tehran Chamber of Commerce, Industries, Mines and Agriculture unveiled an online system for investments, which has been designed specifically to provide foreigners with any information they may…

The government has invested 30 trillion rials ($800 million) in the past two Iranian years (March 2015-17) for the construction of freeways across the country, a deputy minister of roads and urban…

Iran needs about 800 trillion rials ($21.3 billion) to complete 3,500 kilometers of its 22 under-construction rail projects, a deputy minister of roads and urban development said.

…

The lifting of trade sanctions in Iran will drive growth in the country’s plastics industry, according to research firm Applied Market Information, a UK-based provider of information, market…

Forty-eight foreign airlines are currently operating flights to and from Iran, said Iran Civil Aviation Organization’s Spokesman Reza Jafarzadeh, adding that 18 of these companies have resumed…

Tehran Stock Exchange’s main index gained 171.80 points or 0.21% to end Tuesday trade at 80,129.3.

More than 560 million shares valued at $37.17 million changed hands for the day.

…

Iran’s palm oil market is expected to reach $648.4 million by 2025, according to a new report by US-based market research and consulting company Grand View Research, Inc.