Economy

The Ministry of Roads and Urban Development has asked the government and parliament to deny the Islamic Republic of Iran Air Defense Force a share of Iran Airports Company’s revenues.

Iran Fara Bourse has attracted 5 trillion rials (about $125 million) in foreign investments since the Implementation Day, that is the removal of sanctions on January 16, 2016, following Iran’s…

The Ministry of Sports and Youth is banking on the private sector to help complete its under-construction sport infrastructures due to the government’s tight budget.

Workplace accidents claim the lives of 1,500 people on a yearly basis, deputy roads and urban development minister, Hamed Mazaherian, said. “About 60% of worker deaths are attributed to accidents…

Between 25% and 30% of Iran’s agricultural machinery have been renewed or renovated since the beginning of Hassan Rouhani’s presidency in August 2013, according to an official with the Ministry of…

Deputy Roads and Urban Development Minister Amir Amini said Iran’s freeways will stretch out to more than 7,000 km by the end of the sixth five-year development plan (2016-21). According to Amini…

A groundbreaking ceremony for Caspian Pharmed, an Azerbaijan-Iran pharmaceutical plant, was held in Pirallahi Industrial Park in Baku on Monday.

Azerbaijani Minister of Economy Shahin…

Toyota CEO Akio Toyoda showed off the all-new 2018 Camry and 2018 Camry Hybrid at the Detroit Motor Show this week.

The all-new 2018 Toyota Camry features surprisingly sporty styling inside…

An official with the Ministry of Industries, Mining and Trade has rejected reports published in sections of the media that Afra Motor—local representative of Volvo in Iran— has been allowed to…

An Iranian-made hybrid motorcycle was unveiled in Mashhad,  Khorasan Razavi Province this week.

The motorbike has been designed and built at the science and technology park in the…

LS Automotive Co., an automotive electric part making unit of South Korea’s conglomerate LS Group, is seeking to make inroads in overseas markets with moving into markets like Iran and China.

The Central Insurance of Iran, the insurance industry’s regulator, has defined new rules over Iranian insurance firms’ cooperation with foreign assistance companies that provide services to…

Economy Minister Ali Tayyebnia said the administration of President Hassan Rouhani has come a long way to salvage the country's economy from years of inefficiency and mismanagement by implementing…

Tehran Stock Exchange’s main index rose 197.30 points or 0.25% to end Sunday trade at 79,073.5.

More than 1.9 billion shares valued at $94.3 million changed hands for the day.

…

Filipinos may soon have a taste of Iranian apples, as the government of Iran is keen on taking its produce to Philippine markets.

Iranian Ambassador to the Philippines Mohammad Tanhaei met…

The Iranian cement industry is in hot waters. It has recently been hit with the double whammy of loss of export markets and lack of domestic demand, causing producers to cut down on production…

The Iranian Privatization Organization said on Saturday it has shelved the revocation of the Telecommunications Company of Iran privatization deal because the majority shareholder of the company (…

The performance of Iran’s seven free economic zones, namely Kish, Qeshm, Chabahar, Aras, Anzali, Arvand and Maku, has recently gone under the magnifying glass.

Both the Iranian Parliament…

Heading a 20-member delegation, Chairman of Antalya Chamber of Commerce and Industry Davut Cetin held a meeting on Sunday with Secretary-General of Tehran Chamber of Commerce, Industries, Mines…

The parliament voted on Sunday to double the budget allocated to Iran’s state-owned media corporation, the Islamic Republic of Iran Broadcasting.

The decision was made as part of the…

A 12-member business delegation from Germany is planning to visit Iran on February 5-8 to seek cooperation opportunities, the management consultant and organizer of the business trip said.

An electronic signature used in Azerbaijan will be recognized in the European Union according to the spokesman of the Digital Austria platform Christian Rupp. A working group was established…

Electronic waste is rising sharply across Asia as higher incomes allow hundreds of millions of people to buy smartphones and other gadgets.

So-called e-waste in Asia has jumped 63% in five…

A SpaceX Falcon 9 rocket blasted off from California on January 15 and placed a constellation of satellites in orbit, marking the company’s first launch since a fireball engulfed a similar rocket…

Avatech, one of Iran’s biggest startup accelerators has launched its pre-accelerator program with 17 teams for the first round in 2017.

 Called ‘Avacamp’, the program is designed to…