Economy

Iran seeks to increase its share of global ferrochrome markets in light of China cutting down on production capacities in some of its industrial sectors, including ferrochrome, and the country’s…

CEO of flag carrier Iran Air Farhad Parvaresh said the airline’s talks with French planemaker Airbus and French-Italian manufacturer of short-haul aircraft ATR are making progress.

“None of…

Corn and frozen chicken joined Iran Mercantile Exchange’s tradable commodities list this week, with the aim of keeping middlemen out of the markets for these products.

Commodities trading…

In the current Iranian year (March 2016-17) the Iranian government has allocated over $16 billion to implement construction projects across the country, according to Mohammad Baqher Nobakht, the…

Tehran-based law firm Open Iran Group and London-based International Finance Magazine plan to hold “Focus Iran Summit” in the Iranian capital’s Espinas Hotel from 26th to 27th September 2016.

Tehran Stock Exchange’s main index inched up by 34.50 points or 0.05% to end Tuesday trade at 75,501.

More than 775 million shares valued at $50.1 million changed hands for the day.

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The Communications Regulatory Authority of Iran has announced that it has agreed in principle to issue 19 licenses to entities for operating as mobile virtual network operator.

Iran’s telecommunications market is reported to have generated $6.5 billion in service revenues through 2015 and is now likely to grow at a Compound Annual Growth Rate of 0.4% in the five-year…

In 2016, 53% of Iranians had a social network profile, according to a new report.

Estimates show the number of worldwide social media users reached 1.96 billion, which shows 26% of the…

The Supreme Council of the Insurance Industry in a statement Monday required insurers to offer approximately 16% returns on life insurance policy and annuities with two-year contracts.  

In a new directive the Central Bank of Iran delved into the much-discussed matter of marriage loans, obliging specific agent banks in the banking system to issue 150,000 loans per month.

Reiterating Central Bank of Iran policy obliging banks to focus on small and medium-sized enterprises by allocating them credits, the governor of the bank says the banking system has no limits…

Mi Business Bank, subsidiary of Bank Melli Iran in Russia, is providing services to traders in Russia, Iran and Central Asia. Gholamreza Panahi, said the head of Mir Business Bank.

“We also…

Iran has signed some $4.2 billion worth of industrial and commercial agreements with European countries after signing last year's nuclear deal with P5+1 (the five permanent members of the UN…

South Korea and Iran are set to begin discussions on boosting bilateral cooperation in the fisheries sector that will include a joint fish farming venture, the Seoul government said on Monday.

A joint working group in Baku on July 26 will study obstacles to cooperation between Iran and Azerbaijan on the financial issues of a project for the construction of Rasht-Astara railroad.

Iran exported 2.2 million tons of non-oil goods valued at $775.3 million to India during the first quarter of the current Iranian year (started March 20), which indicates a 6.5% increase compared…

Close to 2,500 tons of cutlassfish worth $64.5 million were exported from Iran in the last fiscal year (March 2015-16), which indicates a 30% increase compared to the previous year, according to…

The Trade Promotion Organization of Iran has again called on all Iranian exporters to Iraq to obtain certificates of origin since the Iraqi government has reimposed a ban on imports of goods…

Guinea’s Societé des Bauxites de Dabola-Tougue expects to begin the construction of a mine by the end of this year, which would allow it to exploit its large, untapped reserves of bauxite, the…

Iran brushes off speculations that the multibillion dollar agreements it signed with US-based planemaker Boeing and its French rival Airbus are threatened by delays resulting from financial and…

Together with its subsidiaries, Mobarakeh Steel Company is Iran’s largest steelmaker and flat steel producer, accounting for approximately 50% of the country’s total steel output and holding the…

Tehran Stock Exchange’s main index gained 282.60 points or 0.38% to end Monday trade at 75,466.5.

More than 890 million shares valued at $55.2 million changed hands for the day.

Iran…

The construction of Sabzevar’s direct-reduced iron production plant will be completed by the end of December, said the project’s manager. Saeed Nezamdoust added that the plant will become…

Trading of Iran Khodro Group’s shares has resumed at Tehran Stock Exchange, managing director of IKCO said.

Hashem Yekezare’s announcement follows the recent joint venture between Iran…