Economy

The merger between two of the largest local internet service providers, HiWEB and Pars Online has been called into question, as HiWEB’s director says the deal can be called off.

HiWEB…

A domestic startup is offering food services to Tehran citizens planning parties or holding ceremonies. Firms and cultural bodies can also take advantage of the services for holding conferences…

Facebook is looking to hire “news credibility specialists” to presumably sift through news stories to determine what is real and what is fake. The company posted two job listings on June 7, one…

As the biggest pistachio producers in the world, Iran and the US have always had close rivalry in the production and export of the expensive nut. 

According to Iran Pistachio…

More than 1.28 million tons of commodities were loaded and unloaded at Qeshm Island’s ports during the first two months of the current Iranian year (March 21-May 21), registering a 3.2% increase…

The Statistical Center of Iran has released the latest inflation rates for each of the 10 deciles in which Iranian households are categorized on the basis of their income.

More than 1 million tons of whey worth 200.5 billion rials ($6.12 million) were imported into Iran from seven countries during the last fiscal year (March 2017-18), data released by the Islamic…

Street kiosks and newsstands will be banned from selling tobacco and snacks during a new round of lease agreement the municipality is set to sign with them, the managing director of Tehran…

The 16th Kitchen, Bath, Sauna and Pool Industries & Equipment International Exhibition has been scheduled to be held at Tehran’s International Fairground from July 10 to 13, according to the…

The volume of foreign investments attracted during the previous fiscal year (ended March 20, 2018) registered a notable increase compared with the previous year, the head of the Organization for…

The Central Bank of Iran issued new regulations governing the allocation of foreign currency to Iranians studying overseas, two months after the government tightened its control over the…

Governor of the Central Bank of Iran Valiollah Seif said the prospect of Iran and China using local currencies in bilateral trade will eliminate any difficulties arising from the fallout of the…

The Tehran Stock Exchange saw a downtrend in mid-trading hours on Monday, after which main indices oscillated between gains and losses before the overall index ended in green by the day’s close.…

Iranian Mines and Mining Industries Development and Renovation Organization recently signed a deal with two Iranian firms to develop the second phase of Zarshouran Gold Mine in northwestern Iran…

Iran’s major aluminum companies produced 60,947 tons of aluminum products during the first two months of the current fiscal year (March 21-May 21), which indicates a 9.7% increase compared with…

With the aim of expanding bilateral cooperation in the field of food and agriculture, Germany has been implementing a project named “Representative of the German Food and Agribusiness in Iran”…

The 25th International Exhibition of Agricultural Industries, Food, Machinery and Related Industries, also known as ‘Agrofood 2018’ has been scheduled to open on June 29 at Tehran’s…

Qatari Ambassador to Iran Ali bin Hamad al-Sulaiti has thanked Tehran for its assistance to Doha one year after diplomatic and economic sanctions were imposed on Qatar by Saudi Arabia, the UAE,…

Rigan Khodro has imported a prototype of Tiger pickup trucks produced by the Chinese Jiangling Motors Corporation, as it is weighing the introduction of the model to the Iranian auto market.…

Iranian automotive firm Arian Khodro Pars has brought several units of Geely cars into the country to be tested by Institute of Standards and Industrial Research of Iran and the Ministry of…

Jahanro Industrial Group, a local manufacturer of motorcycles, is set to launch production of an electric motorbike jointly designed with Sharif University's Shahid Rezaei Research Center.

Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to…

Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of…

Iran will use all possible legal channels to pursue its interest over Boeing’s decision to cancel its deal with Iran Air, the minister of roads and urban development said.

The government’s capital expenditure during the first two months of the current Iranian year (March 21-May 21) stood at 280 trillion rials ($6.66 billion), which constitutes 22% of this year’s…