Economy

Iran has put on hold “almost all” of its mining agreements with foreign investors, as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to…

A diverse range of cultural products are produced and distributed in Iran, which contribute to the economy.

In an exclusive interview with Financial Tribune, Mehdi Firouzan, the managing…

A total of 7.5 million tons of goods were in transit via Iranian roads and railroads in the last fiscal year (March 2016-17), down 25% compared with the preceding year to reach 7.5 million tons, a…

Desperate to overcome Japan’s growing shortage of labor, mid-sized companies are planning to buy robots and other equipment to automate a wide range of tasks, including manufacturing, earthmoving…

WEB: 90% of Café Bazaar’s Android Apps Developed in Iran  Café Bazaar, Iran’s largest local Android market released its annual statistics indicating significant growth in the number of…

Iran’s ‘invention squad’ collected 13 gold, silver and bronze medals at the 28th International Invention, Innovation and Technology Exhibition (ITEX) which concluded in Malaysia on May 13.

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The ‘WannaCry’ virus has infected 2,000 computers so far in the country, according to the latest figures released by officials in Tehran.

The government’s commitment to curb the inflation rate and maintain macroeconomic stability will redress one of the recurring behavioral patterns of domestic investors.

Iran will put out a tender within a month to finance the plane deals it has finalized with major planemakers, a deputy minister of roads and urban development announced on Monday.

Russia’s United Wagon Company says it will soon start supplying freight wagons to Iran, as part of a €300 million deal signed in February to supply a total of 6,000 cars.

Close to 17,000 tons of engine oil worth around 354.9 billion rials ($9.2 million) were exported from Iran in the last fiscal year (March 2016-17), according to the Islamic Republic of Iran…

India’s Finance Ministry has imposed anti-dumping duty on clear float glass imports from Iran, Indian business newspaper The Hindu Business Line reported on its website on Monday.

Clear…

Researchers other than university faculty members will be awarded educational grants as of June this year, Rasoul Zare’, an official with Agricultural Research Center has announced, noting that in…

The Central Bank of Iran has decided to increase the ceiling of home loans for elites by 60% to encourage them to stay in the country, the CBI’s website announced. The maximum amount of loans for…

The Cabinet announced the details of foreign exchange hedging directive proposed by the Export Guarantee Fund of Iran and approved in the 17th meeting of the Cabinet members on Sunday.

Iranian banks managed to present their balance sheets for the last Iranian year (ended March 20, 2017) in line with the International Financial Reporting Standards, said the secretary-general of…

The Central Bank of Iran's governor has fended off criticism over government payment arrears to the banking sector, stressing that Iran is doing better than a number of other countries in this…

The Central Bank of Iran has notified Basel III principles on corporate governance to Iranian private banks and credit institutions, as part of the regulator's mandate to incorporate global…

Tehran Stock Exchange’s main index shed 5.50 points or 0.01% to end Monday trade at 79,957.5.

More than 1.07 billion shares valued at $57.97 million changed hands for the day.

Pars…

In what is being called a major geostrategic initiative, China on Sunday inaugurated the two-day Belt and Road Summit in Beijing.

Esfahan Steel Company is seeking to lighten its debt burden by reaching a setoff agreement with the government, according to the company’s manager, Ahmad Sadeqi.

ESCO’s outstanding debts…

The Iranian Mines and Mining Industries Development and Renovation Organization organized a forum in Tehran on Monday to survey opportunities of cooperation between Iran and Latin American…

The latest data released by Iran Customs Administration and Trade Promotion Organization shows that Iran exported 129.648 million tons of non-oil goods with a total value of $43.93 billion…

The quality report for the first month of the current fiscal year (March 21-April 20) has been released with no car reaching the fabled five-star quality rating by the Iran Standards and Quality…

Private automaker Bam Khodro has launched a production line for China’s Geely GC6 sedan, in the city of Bam in central Kerman Province.

Earlier it was reported that the automated production…