Economy

It is estimated that 25,000 tons of shrimps will be farmed in Iran during the current Iranian year (started March 21), which would register a 13.6% rise compared with last year’s production,…

The Central Bank of Iran’s recent publication included the Household Expenditure Survey for the fiscal 2016-17.

The annual survey is undertaken by CBI’s Department of Statistics by…

The Ministry of Roads and Urban Development is planning to tweak regulations to activate leasing companies in the housing sector in order to undertake market recovery, a high-ranking official at…

The interest rates of entrepreneurship loans in rural and nomadic areas have been fixed at 8%, 6% and 0% respectively depending on their circumstances, the rural development deputy at the…

The Export Development Bank of Iran and the National Development Fund of Iran have agreed to add another 10 trillion rials ($256.4 million) to the previous 23 trillion rials ($589.7 million)…

Ahead of a trip by a private sector delegation to Switzerland, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture met with the newly-appointed ambassador of the Central…

Tehran Stock Exchange’s main index gained 190.20 points or 0.22% to end Wednesday trade at 85,819.0.

About 817 million shares valued at $78.552 million changed hands for the day.

Head of Syrian Engineers Syndicate, Ghiath Qattini, and the representative of Iranian Construction Engineering Organization in Tehran on Tuesday signed a memorandum of understanding for…

In a ceremony held at Iran-Germany Chamber of Commerce and Industry on Tuesday, iMOVE, an initiative of the German Federal Ministry of Education and Research (BMBF) belonging to the…

Inflation in Iran has landed in single digit territory again after it went above 10% in June. According to the latest report released by the Central Bank of Iran, the average goods and services…

Two ATR 72-600 aircraft are scheduled to land in Tehran’s International Mehrabad Airport today. Iran Air CEO Farzaneh Sharafbafi, along with other officials of the company, will be on board the…

Close to 6,340 tons of different kinds of soap worth nearly 197 billion rials ($6 million) were exported from Iran during the five months to Aug. 22, data released by the Islamic Republic of…

Iranian trade attaché in Baghdad said Iraq has considerably increased the volume of its non-oil imports from Iran.

“Iraq, over the first four months of the current Iranian year (March 21…

Santex Rimar Group, a leading machine manufacturer for weaving, textile finishing, nonwovens, technical textiles and green technologies, has held a second “Future Textile Road” event in Iran to…

Saudi Arabia has lifted a ban on women driving, and the move could give a boost to an auto market in the country that’s been declining. After years of trending up and pushing toward 1 million in…

Most major automakers are likely to fall short of meeting the European Union’s upcoming carbon dioxide emissions goal, and could face big fines as a result, a consultants’ report said.

President of Azerbaijan Ilham Aliyev inaugurated the Neftchala Industrial District on Sept. 24 and visited Iran Khodro’s factory now under construction.

Located in southeast Azerbaijan,…

A local auto importer Datis Khodro said Tuesday it is on the verge of signing a joint venture auto production deal with an unnamed international company.

CEO of Datis Khodro Milad…

More than 1 million tons of rice worth $963 million were imported into Iran during the five months to August 22, registering a 79% and 102.5% growth in weight and value respectively compared…

The southern port of Bushehr accounted for 51% of Iran’s maritime trade in the first half of the current Iranian year (March 21-Sept. 22, 2017), the director general of Bushehr Ports and…

The Pakistani government has decided not to relax the conditions to import tomato from India even after the shortage in Punjab and other parts aggravated.

However, efforts have been made…

An Iranian trade delegation will visit Tbilisi, the Georgian capital, from October 8 to 11 to attend the sixth session of Iran-Georgia Economic Commission.

Hossein Salahvarzi, the deputy…

Tehran Mayor Mohammad Ali Najafi said the municipality owes over 300 trillion rials ($7.69 billion), mostly to banks and contractors.

“The outstanding debt is 1.7 times more than the…

Local media reported on Monday that Iran has received two Eurocopter EC-145 emergency choppers.

The two choppers reportedly were delivered at Tehran’s Imam Khomeini International Airport…

After spending relatively tranquil days in the last week of summer, the greenback is rising again in Tehran’s foreign exchange market, heralding a bullish trend as autumn starts.