As much as Iran disapproves of neighborly tensions in the region, it saw Moscow’s severance of economic ties in recent months as an opportunity to boost food exports to the Russian market.
Economy
- Economy
More than $91,300 worth of videogame consoles were imported from the UAE ($77,700) and China ($13,600) into Iran during the first two months of the current fiscal year (March 20-May 20), according…
EconomyThe First International Aluminum Industry Expo, the First International Rail Industry Expo and 15th Arak Building Industry, Heating and Cooling Systems Expo are scheduled to be held on October 4-7…
EconomyA preferential trade agreement signed by the member states of the D-8 Organization for Economic Cooperation has officially taken effect as of July 1. The PTA was agreed upon in a D-8 Trade…
EconomyAfter nearly 10 years, sponge iron production plants of the so-called “Seven Provincial Steel Projects” will become operational by the end of the Iranian year (March 2017), announced the head of…
EconomyTehran Stock Exchange’s main index added 98.50 points or 0.13% to close Sunday trade at 74,923.8.
More than 937 million shares valued at $76.1 million were traded for the day.
Bafgh…
EconomyIran’s Auto Parts Manufacturers Association says if Iran Khodro and SAIPA do not pay their debts to auto parts manufacturers, they will soon become bankrupt.
EconomyThe row between airliners and state-owned airports operator Iran Airports Company over their overdue debt to the company for providing them airport services for years is raging on.
EconomyIran Mercantile Exchange saw the trading of 161,000 tons of goods on Sunday, including 15,430 tons of barley, 500 tons of corn, 6,800 tons of white sugar, 50 tons of aluminum ingot, 8,500 tons of…
EconomyThe pound hit a six-months-low in Tehran’s open market on Sunday. The British currency sold for 47,430 rials, down by 1.56% compared with yesterday’s close of 48,170. The Central Bank of Iran…
EconomyMinister of Economy Ali Tayyebnia said on Sunday the government plans to issue 400 trillion rials ($13 billion) worth of bonds in the current fiscal year that ends in March 2017. The bonds will be…
EconomyThe parliament will support any measures aimed at combating money laundering, said Ahmad Anaraki, a member of the Majlis Economic Affairs Commission on Saturday.
“Iran has always strived…
EconomyThe Central Bank of Iran is about to finalize its primary talks with foreign payment networks including European companies, according to Nasser Hakimi, head of Central Bank of Iran technology…
EconomyThe Second Iran Smart City Summit 2016 is scheduled for August 22-23 at Tehran's Milad Tower International Conference Hall.
EconomyFor the first time at Avatech, one of Iran's privately-owned startup accelerators, a new company used crowdfunding to build 400 prototypes of their innovative product.
Findima is an…
EconomyChina has placed the final piece into position on what will be the world's largest radio telescope, which it will use to explore space and help in the hunt for extraterrestrial life, state media…
EconomyIran has obtained good positions in the global ranking for four high-tech fields, the caretaker of Islamic World Science Citation Database (ISC) said on July 2.
EconomyIran's National RoboCup Committee Chairman Morteza Musakhani has been selected as the country’s representative in the executive committee of Asia-Pacific RoboCup competitions, according to a new…
EconomyThe tremor from the salary scandals in the Iranian public sector unleashed recently by the disclosure of unusually high wages at state-owned banks and company executives continues to shake the…
EconomyProfessional Insurance Institution, a non-government body offering services to insurers, has launched a Risk Management Consultation Center, mainly to promote awareness of the need for risk…
EconomyNow that debts have been repaid and coverage of Euler Hermes has resumed, a rise in Iran’s business dealings can be expected, says Seyyed Razi Haji-Aghamiri, head of Export Commission of Iran…
EconomyAs per a directive issued by the Economy Minister Ali Tayyebnia, a cap has been devised for the income of bank CEOs and they can no more have access to interest-free loans as they did before.
EconomyA new version of Shetab, Iran’s comprehensive electronic banking network has been launched and Bank Maskan has become the first bank to join the network, the bank’s website reported on Saturday.…
EconomyMost garments sold under Turkish and Chinese brands are leftovers from sales and shoddy products smuggled into Iran, an official with Iran Textile Exporters and Manufacturers Association said. “…
EconomyThe 14th International Exhibition of Kitchen, Bath, Sauna and Pool Industries and Equipment is scheduled to be held on July 18-21 in Tehran. Representatives of more than 170 domestic companies and…
Economy

