Economy

Institutional investors accounted for the lion’s share of trade at Tehran Stock Exchange during the second month of the current fiscal year (April 21-May 21). 

Their trade comprised…

Tehran Stock Exchange’s main index TEDPIX gave up 153.10 points or 0.19% to close Tuesday trade at 80,109.3. Auto manufacturing companies and banks were the main laggards behind the benchmark.…

A total of 27,755 people were killed in road crashes in the fiscal 2005-6 whereas 15,932 road fatalities were reported in 2016-17, which suggests a significant decline of 42% over the past…

About 214,000 hectares of vegetable farms went under sapling cultivation in the last Iranian year (ended March 20, 2018), director general of the Forage and Vegetable Bureau with the Agriculture…

More than 265 tons of microphones and microphone stands worth close to 71.7 billion rials ($2.13 million) were imported from 15 countries in the last Iranian year (March 2017-18), figures…

Iran traded $431.15 million worth of non-oil goods with Turkmenistan in the last Iranian year (ended March 20, 2018), registering a decline of  25.57% compared with the year before to make…

Two border markets of Shoushmi in Paveh and Tilko at Sar-e-Pol Zahab, which were closed by Iraq following last year’s independence referendum vote in Iraqi Kurdistan region, will reopen within…

The northeastern province of Khorasan Razavi exported 472,000 tons of commodities valued at $345 million during the first two months of the current fiscal year (started March 21), registering an…

The restriction on the import of Iranian chicken by Afghanistan is to be lifted soon following negotiations between the two countries, the head of Iran Veterinary Organization said.

A fledgling Iranian startup named Attarmart based in the northeastern city of Mashhad is seeking to carve out a niche for itself in Iran’s herbs and spices market.

The startup’s name is…

Exploiting nanocellulose materials, researchers at Shiraz University have been working toward the enhancement of food packaging. 

The Japanese Metropolitan Police Department (MPD) is considering the introduction of a crime prevention system that uses artificial intelligence and big data to predict when and where crimes…

France and Germany are pushing for an EU-wide initiative to fund innovation and research in tech startup projects across the bloc so that Europe can compete more effectively against the likes of…

Some 180,000 tons of cotton bolls were produced in Iran in the last fiscal year (March 2017-18), of which close to 60,000 tons of carded and refined cotton were made, the head of Cotton Project…

Iran imported 980 tons of cosmetics worth $11 million in the first month of the current fiscal year (March 21-April 20), registering a decline of 67.33% and 14.06% in tonnage and value…

Close to 13.27 million tons of oil and non-oil commodities were loaded and unloaded in Shahid Rajaee Port in the southern Hormozgan Province during the first two months of the current Iranian…

The Central Bank of Iran has removed pharmaceuticals from the list of essential items that receive subsidized foreign currency for imports, the head of the Iranian Pharmaceutical Importers…

Participants in the International North-South Transport Corridor Friendship Motor Rally are to be welcomed in Tehran on Tuesday by Iranian officials along with the Russian, Azeri and Indian…

Cigarette imports fell to zero over the first two months of the current Iranian year (March 21-May 21) compared with the import of 503 million cigarettes year-on-year, Ali Asghar Ramzi, the head…

Six newly-purchased Airbus air ambulances (BK 117-C2), all purchased after the lifting of nuclear-related sanctions, officially joined Iran’s Emergency Medical Services’ fleet, marking the…

Tehran Stock Exchange’s main index lost 96.39 points or 0.1% on Monday to end trading at 95,529.6.

About 774 million shares valued at $48.77 million changed hands at TSE for the day.…

Tractor Sazi Tabriz Football Club was officially privatized on Saturday with a non-institutional investor emerging as the buyer. The club, owned by the Islamic Revolutionary Guards Corps through…

Thousands of truck drivers were expected to end their strike and return to work on Monday, following a deal made between the representatives of Truckers Guild Association and government…

Exporters of steel and other metal products from Iran henceforth need to submit "certificate of manufacture origin" to relevant authorities as per a recent directive issued by Minister of…

The Central Bank of Iran was until now considered the only entity in charge of devising regulations for fintech companies, but President Hassan Rouhani’s Cabinet on May 23 announced its own…