Economy

A classic car show opened in the Kurdish city of Sanandaj, the capital of Kurdistan Province in west Iran, on April 20, with more than 500 vehicles on show for the first time. The Sanandaj Classic…

China’s premium car market will grow by half over the next decade, Audi CEO Rupert Stadler said, citing growing personal wealth and the emergence of flourishing private enterprises as key drivers…

The recently revived German luxury mark Borgward says it is negotiating with Iranian carmakers to launch joint production lines in the country.

Deputy director Tom Anliker, said he recently…

Iran Khodro, Iran’s largest carmaker, announced on Saturday that its Samand sedan production in its Iskandariya plant in central Iraq is now producing 45 to 50 units per day.

The goods and services Consumer Price Index for urban areas reached 6.9% in the 12-month period ending April 20—marking the end of the Iranian month of Farvardin—compared with last year’s…

Vietnam is looking to expand ties with Iran, especially in the banking sector, reaffirming the commitment to achieve the bilateral trade target of $2 billion set in Oct. 2016 .

This was…

The Central Bank of Iran has responded to media reports that viewed the latest World Economic Outlook by the International Monetary Fund in a negative light.

Campaigning for Iran’s presidential elections scheduled for May 19 began on Friday, after the Guardians Council considered only six candidates eligible to run for the presidency from…

The government should have a long-term plan for the housing sector since problems in the key industry are caused by a lack of planning and absence of roadmap, said the head of Tehran Association…

More than $1.2 billion worth of livestock and poultry products were exported over the 11 months to February 18, registering a $554.7 million trade surplus in the sector, a deputy agriculture…

The Government Trading Corporation of Iran has given the green light for importing 550,000 tons of sugar to stabilize the market.

It has been more than a year since the Joint Comprehensive Plan of Action, the formal name of the nuclear deal Iran signed with world powers, was implemented and already the world looks…

Tehran Stock Exchange’s main index TEDPIX gained 1,421.4 points or 1.84% during the first month of the new Iranian year (March 21-April 20) to end at 78,651.4.

The over-the-counter Iran…

Buying activity in the Iranian flat steel import market remained modest despite all suppliers dropping their prices in the past week, sources told Metal Bulletin.

“There are no bookings;…

Iranian steel mills produced 4.57 million tons of crude steel during the first three months of 2017, registering a 4.6% growth year-on-year, according to the latest report released by World Steel…

The First Iran Mining Technology Conference is scheduled to be held by the Iranian Mines and Mining Industries Development and Renovation Organization in Tehran on July 11-12.

Aryan’s timing was impeccable: Months after he returned to Iran from college in Canada, job offers started to pile up.

A decade of economic sanctions was drawing to an end in early 2016 as…

Ukraine and Iran have agreed to launch a test train to transport agricultural products.

According to Ukraine's Minister of Infrastructure Volodymyr Omelian, the test train may be launched…

Iranian railroads transported 40.3 million tons of cargo in the last Iranian year (ended March 20, 2017), which has been described by the CEO of the Islamic Republic of Iran Railways as "an all-…

The northern city of Ramsar, located in Mazandaran Province, will host the First International Symposium on Wild Flowers and Native Plants in collaboration with the International Society for…

Over 23,000 tons of conserves worth $24 million were brought into the country under the category of “jam, jelly, marmalade, fruit pulp and puree that is made via cooking without adding sugar or…

The inauguration of the polystyrene unit of Entekhab Petrochemical Plant last week during President Hassan Rouhani’s visit to Asalouyeh, Bushehr Province, will help complete the home appliance…

The research arm of the Iranian Parliament has revised up its former economic growth estimate for the last Iranian year (ended March 20, 2017) by 1.7%, saying the economy expanded by 8.9%.

Artificial intelligence algorithms are being taught to generate art, human voices, and even fiction stories all on their own—why not give them a shot at building new ways to treat disease?

An Iranian technology company Infotech unveiled its mobile wallet service during the 10th International Exhibition of Exchange, Bank and Insurance (FINEX 2017) in Tehran this week. The service…