Economy

Iranian imports of palm oil have risen 36.42% in terms of value during the eight months to Nov. 21 compared with the same period of last year.  According to official figures, 335,290 tons…

World-famous Italian exhibition organizer BolognaFiere and Iran International Exhibitions Company have renewed cooperation agreement for 2018.

As BolognaFiere reported on its website,…

Tehran Stock Exchange’s main index gained 654.80 points or 0.71% on Wednesday to close trading at an all-time high of 93,283.7.

About 1.74 billion shares valued at $111.5 million changed…

Saeed Reza Nasrfard-Jahromi was appointed the new managing director of Kish Airlines. He was the managing director of Pars Airlines and deputy head of Iran Air Tours and is currently the PhD…

The government will issue 260 trillion rials ($6 billion) worth of Islamic bonds (sukuk) in the next fiscal year (starting March 21, 2018) to fund its incomplete projects, according to the new…

Khouzestan Steel Company has set a record in exports by shipping over 1.92 million tons of steel products in the current fiscal year (started March 21), the company's manager said.

KSC,…

After the signing of the Iran nuclear deal, trade between Iran and Europe increased 94% in the first half of 2017, compared with the first half of 2016, EU High Representative Federica Mogherini…

According to a recent report released by the Majlis Research Center, around 543.6 million tons of cargo were transported in Iran via land routes during the fiscal 2015-16, of which 93.5% and 6.5…

Astata-Astara Railroad connecting Iran’s northwestern city of Astara to the Azerbaijani city with the same name will come on stream by Dec. 25, director general of International Affairs Office…

A two-day international conference on boosting economic relations between Iran and the North Caucasus region concluded in the Republic of North Ossetia-Alania in Russia on Wednesday.

The…

Afghanistan’s western Herat Province is hosting the 12th edition of a joint exhibition showcasing the products of the two countries, including home appliances, industrial machinery, medical…

Iran Khodro started assembly lines of the Chinese-derived SUV Haima S5 at a special ceremony held Tuesday at the firm’s subsidiary in the Khorasan region. The production site is located in…

Swiss industrial group Autoneum Holding AG has signed a licensing and production deal with Iran’s Ayegh Khodro Toos (AKT).

Reuters reported the deal on Monday, saying that Autoneum has…

Traffic accidents in Iran kill two and injure five people every hour, says head of the Emergency Medical Services (EMS).

Communities across the United States are looking to replace their dirty diesel buses, ushering in what some analysts predict will be a boom in electric fleets.

Khuzestan Kaveh Aluminium Company was inaugurated by First Vice President Esh’aq Jahangiri on Tuesday. Located in Masjed Soleyman County of Khuzestan Province, KALCO is capable of producing 11,…

Tehran Stock Exchange’s main index gained 1,706.50 points or 1.18% on Tuesday to close trading at an all-time high of 92,628.9.

About 1.26 billion shares valued at $74.12 million changed…

Dilmah Tea, the world-renowned producer-owned tea brand, officially launched its latest signature t-Lounge by Dilmah at Tehran’s Sam Center on December 6.

This is the first of three tea…

Tehran Stock Exchange's main index broke above the 92,000 level on Tuesday and recorded a new all-time high, jumping back into the fast growth lane after a few days of slow movements.

Governor of the Central Bank of Iran Valiollah Seif tamped down worries about the surging exchange rate for the US dollar on Tuesday, stressing that the surging exchange rate for the US dollar…

Home prices in Iran are bound to jump if the US dollar’s rally against the rial were to continue in the domestic market, the newly-elected head of the Tehran Association of Realtors announced.…

Islamic Development Bank, the Jeddah-based multilateral development financing institution devoted to lending a hand to its 57 Muslim member states in fostering economic development and…

A delegation from the International Monetary Fund met with officials from the National Development Fund of Iran on Saturday.

The Fifth International Exhibition of Nuts, Dried Fruits and Related Industries is scheduled to open early next year, gathering tens of production, processing and exporting companies in the…

About 93% of Iran’s exports and 83% of its imports are conducted via sea, the Army’s deputy for coordination said.

“Iran has sea borders with 12 of its neighboring countries. One-third…