Economy

Iran sits at the crossroads of civilizations. With a large, well educated and young population, a relatively high GDP per capita, and a strategic location, Iran has strong potential to become a…

The 17th International Exhibition of Food and Food Processing, iFood 2016,  opened in Mashhad, the capital of Khorasan Razavi Province, on Thursday with more than 200 Iranian and 800 foreign…

Stock markets were in hibernation this week as the Economy Ministry, the parliament and the market regulator were preoccupied with executive salaries and reducing government debt to banks.

An Australian businessman has told the  national public broadcaster ABC (Australian Broadcasting Corporation) he would like to trade with Iran, but his financial institution said it wanted no…

Iran’s Telecommunications Infrastructure Company is to implement effective measures to counter any cyber threat.

A limitless cyberspace, zero boundaries and erosion of national borders…

Iran’s Ministry of Communications and Information Technology has conducted a user preference survey.  “Service quality and prices are the main concerns of Iranian users regardless of who the…

Scientists have discovered a planet that appears to be similar to Earth circling the star closest to the sun, potentially a major step in the quest to find out if life exists elsewhere in the…

MTN Irancell, Iran’s second biggest mobile phone operator, has tested its infrastructure for providing Voice over LTE services.

According to Mehr News Agency, the test was a success and…

Metal Bulletin, a London-based information provider for the global steel, non-ferrous and scrap metals markets, will hold the 'Iranian Base Metals Conference' in Tehran September 6-7.

After the Mehr Housing Project is concluded, several affordable housing schemes to help the low-income strata will be launched, announced the deputy minister of roads and urban development on…

Iranian Mines and Mining Industries Development and Renovation Organization has linked up with two German banks, three Italian banks and some other European banks, “without being charged with…

Lawmakers on Wednesday officially ratified Iran's membership in Asian Infrastructure Investment Bank, the international investment bank launched in 2015 by China.  

The parliament also…

Six auctions are to take place by the end of the fiscal year (March 20, 2017) for selling the excess properties of banks, said the head of the Company for Selling Banks’ Excess Assets aka Fam.…

Lawmakers on Wednesday allowed the government to take out up to $5 billion in loans from Russia for the development of civil projects. Renewable energies, nuclear power, railroads, highways, dams…

Trade data released on Tuesday did little to allay concerns about the stagnating industrial sector. Market observers have been concerned about an ongoing slowdown in industrial activity. The…

Minister of Industries, Mining and Trade Mohammad-Reza Nematzadeh appointed his deputy Mojtaba Khosrotaj as the new president of Trade Promotion Organization of Iran after Valiollah Afkhamirad…

The director of Iran’s National Tax Administration says $80 billion in foreign investment will be needed to achieve the 8% annual economic growth enshrined in the next five-year economic…

Iranian companies  are interested in contributing to the construction of a massive canal across Nicaragua that a Chinese company is to build, Foreign Minister Mohammed Javad Zarif said…

Iran exported 676,200 tons of non-oil goods worth $262.6 million to the Republic of Azerbaijan during the first four months of the current Iranian year (March 20-July 21), which indicates a…

The National Iranian Oil Products Distribution Company has temporarily put on hold its new controversial method for airlines to settle the refueling bills. As of Monday, airlines in six airports…

The Central Securities Depository of Iran issued 61 trading codes for foreigners to trade in Iran’s equity market during the first five months of the current Iranian year (March 20-August 21),…

The government has decided that 2,000 subway cars be imported to meet growing demand in the big cities. It is planning to invite international tenders for the purchase, IRNA reported. The move is…

A factory producing paper from agricultural waste was inaugurated in the small town of Ashkezar in Yazd Province on Wednesday. More than 172 billion rials (over $4.8 million) has been invested in…

Iran’s mineral industries have received a new lease of life following the easing of economic sanctions in January, as part of last year’s historic nuclear deal between Iran and the six world…

A forum titled “Silk Road Economic Belt” opened in Tehran on Tuesday with focus on friendly exchanges and cooperation between China and the Islamic Republic, Chinese state-owned news agency China…