Economy

The government and the parliament are set to work together in a bid to improve the business environment and increase the productivity rate, Gholam-Hossein Shafei, the chairman of Iran Chamber of…

Close to 400 tons of biscuit worth nearly 32.55 billion rials ($1 million) were imported into Iran during the five months to Aug. 22, according to figures released by the Islamic Republic of…

A two-day meeting of railroad authorities from countries along the Persian Gulf-Black Sea Transport Corridor is scheduled to be held in Tehran on Tuesday and Wednesday, the International Affairs…

Iran will reopen all its border crossings with Iraq’s Kurdistan Region in the coming days, lifting restrictions imposed after last month’s Kurdish vote in favor of independence, Iran’s Chief of…

A Russian food exhibition, organized by Russian Export Center, is scheduled to open in Tehran on Thursday in the presence of 30 leading Russian companies engaged in food industries.

Tehran is scheduled to host the Second International Exhibition of Meat and Related Industries known as Meatex on Nov. 13.

Iran Fara Bourse’s main index IFX gained 8.9 points or 0.93% to close Monday trade at its all-time high record of 969.57.

IFX’s previous historical high of 961.03 was reached on…

Golgohar Mining and Industrial Complex produced 13.66 million tons of iron ore concentrate and pellets during the first seven months of the current fiscal year (March 21-Oct. 22), indicating a 7…

SAIPA has signed a contract with Hyundai PowerTech Company, a subsidiary of the South Korean giant Hyundai Motor Co., for the production of gearboxes.

The deal was signed by the director…

The Central Insurance company of Iran has announced new vehicle insurance regulations through which the drivers’ behavior will have a direct impact on their car insurance rates, said CII’s…

A face-lifted version of the Chinese crossover JAC S5 was spotted on the streets in Tehran by car enthusiasts late last week. The vehicle had a temporary number plate issued to cars deemed ready…

US Treasury Secretary Steven Mnuchin squashed speculation that he has warned Turkish officials of possible sanctions targeting the nation in violation of Iran sanctions.

The number of residential deals in Tehran has increased during the first seven months of the current Iranian year to Oct. 22, indicating a pre-boom phase in the embattled housing sector, the…

Tehran Municipality, the body overseeing the management of the Iranian capital, is aiming to overhaul the way the megacity generates revenue, turning away from practices that had over decades…

US dollar once again surged against the rial in Tehran’s open market on Sunday, as the bull run for the currency continues.

Tehran Stock Exchange’s main index gained 481.20 points or 0.55% to end Sunday trade at 87,416.6.

TEDPIX crossed its 45-month high of 85,700 recorded on Jan. 15, 2014. The benchmark’s…

Iran’s biggest confectionery company, which is also one of the biggest in the Middle East, is planning to enter Qatar’s retail market.

Shirin Asal Food Industrial Group, with a turnover…

Iran’s semi-finished steel exports during the first six months of the current fiscal year (March 21-Sept. 22) stood at 3.19 million tons, up 86% year-on-year, Iranian Steel Producers Association…

HiWeb, one of Iran’s largest Internet service providers, has signed a merger agreement with its archrival Pars Online. The agreement was officially signed late Saturday by the two ISPs’ managing…

The tea harvest season in Iran has come to an end. This year, 108,000 tons worth 2.03 trillion rials ($50 million) were purchased from local farmers, registering a 23% decline compared with last…

Iran exported over 1.27 tons of garlic worth 40.55 billion rials ($1.25 million) during the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs Administration show…

For happy and sad occasions, flowers are a part of daily life in Iran, but Iranians have not been able to exploit the full potential of a global industry worth $104 billion a year.

For…

More than 5,000 tons of shampoos worth over 531.4 billion rials ($16.38 million) were imported into Iran from 15 countries during the five months to Aug. 22, figures released by the Islamic…

The increase in Consumer Price Index ranged from 0.4% to 11.9% for different goods and services in the 12 months ending Oct. 22, compared with last year’s corresponding period. According to the…

India on Sunday sent its first consignment of wheat for Afghanistan to be transited through Chabahar Port in Iran, seen as a “landmark” move to operationalize the strategic transit route.