Economy

Iran exported $58.5 million worth of commodities to the United States from January to August. The Islamic Republic had no exports to the US during last year’s corresponding period, the US Census…

Iran’s major mining companies manufactured more than 15.1 million tons of iron ore concentrate in the first half of the current fiscal year (started March 20). The Iranian Mines and Mining…

The Iranian government is paying as much, if not more than private companies, in bond markets to borrow money. While this goes contrary to the norm, it is a demonstration of the universal rules…

The Iranian government has ambitious plans for the country’s steel industry now that international trading sanctions against the Middle Eastern country have been lifted.

But which is the…

Tehran Stock Exchange’s main index gained 34 points or 0.04% to end Saturday trade at 77,217.

More than 872 million shares valued at $46 million changed hands for the day.

Rouzdarou…

Chinese automaker Geely will launch a new brand next year, codenamed “L”, with cars based on joint architecture developed with Volvo.

A member of Majlis Industries and Mining Commission has pressed for releasing the details of the new contract signed by the Industrial Development and Renovation Organization of Iran with Renault…

Iranian automakers will soon begin the production of two models of tour buses, five months after the Ministry of Industries, Mining and Trade rejected a proposal by the tourism authority to remove…

Capital Intelligence Ratings announced on Thursday that it has affirmed the Financial Strength Rating (FSR) of Export Development Bank of Iran (EDBI) at ‘BB-’. The FSR is supported by the bank’s…

The Central Bank of Iran and the State Bank of Vietnam have agreed to establish correspondent relations, said the governor of the CBI, Valiollah Seif.

“In relation to the development and…

A one trillion rials ($31.7 million) credit line has been opened by Keshavarzi Bank (the main agriculture bank) to help prop up the struggling pistachio export industry, said the deputy…

A former top US Treasury Department official acknowledged in talk with The Weekly Standard Thursday that major international firms still do not want to do business with Iran, despite efforts…

The Czech Republic seeks to cooperate with Iran in manufacturing industrial machinery, especially equipment used in surface and underground mining, Iranian Mines and Mining Industries Development…

Three people died in an accident at Mobarakeh Steel Company’s plant in Isfahan on Wednesday, while two other people were injured.

A control cabin in the iron ore processing plant of the…

The government cannot get rid of its poorly managed companies fast enough. The latest offering of government companies to the public left 95% of the offered shares without buyers.

Trafigura Group Ltd., the world’s second-biggest metals trader, wants to increase business with post-sanctions Iran.

Tehran Stock Exchange’s benchmark index lost 117 points or 0.2% during the trading week that ended October 5 to close at 77,183.

TSE trading week begins on Saturday and ends on Wednesday.…

Tehran’s Imam Khomeini International Airport is in the early stages of a gradual reinvention, part of a long-term plan to boost trade and turn Iran into a regional hub after its nuclear deal.

The government’s ban on rice imports, which has been in place since July 21, will be lifted as of November 21, the deputy head of Government Trading Corporation, Hassam Abbasi Maroufan as saying.…

Iranian Minister of Economic Affairs and Finance Ali Tayyebnia left Tehran for Washington DC on Thursday to attend the World Bank’s annual meetings.  Accompanied by a number of officials of…

Exports to Iraq through Mehran’s international border—located in the west of Ilam Province—amounted to $290.5 million in the first half of the current Iranian year (started March 20), showing a 5…

With last year’s historic nuclear deal lifting some western sanctions on Iran, Japanese companies are tiptoeing back to the Middle Eastern country, torn between the lure of business opportunities…

A bipartisan group of US lawmakers is pressing the White House to oppose Iran’s bid to join the World Trade Organization, citing concern that admission could constrain US ability to impose future…

German and Chinese banks have provided €400 million in loan to finance deals between Iran and Siemens to jointly manufacture wagons and locomotives in the Islamic Republic, says a deputy roads…

A recent study published in Frontiers in Psychology has shown that early touchscreen use in children, and in particular actively scrolling the screen, correlates with increased fine motor control…