Economy

In what would mark a big stride toward the development of Iran's insurance industry and the promotion of its privatization initiative, the government is to relinquish its remaining stake in Amin…

Close to 90,000 tons of fresh tea leaves worth 1.74 trillion rials ($44.61 million) were purchased from local farmers in the spring and summer harvests, the head of Iran Tea Organization said.…

Joint railroad projects between Russia and Iran benefit virtually all of Europe and Asia, the chairman of Islamic Republic of Iran Railways’ International Affairs Department said.

Iran’s stationery market is worth 40 trillion rials ($1 billion) per annum.

"Not long ago, more than 90% of this market used to be in the hands of foreign brands," Secretary-General of…

Iran’s stationery market is worth 40 trillion rials ($1 billion) per annum.

“Not long ago, more than 90% of this market used to be in the hands of foreign brands,” Secretary-General of…

Iran accounted for as little as 4.5% (or $13.3 billion) of around $295 billion worth of imports of its seven neighboring countries, namely Iraq, Turkey, Armenia, Azerbaijan Republic,…

The local manufacturing of bus and van increased by 196.2% and 418% in the Iranian month of Mordad (July 23-August 22) compared with last year’s corresponding period. Iranian automakers, namely…

Minister of Industries, Mining and Trade Mohammad Shariatmadari has been appointed the new Iranian head of Iran-Turkey Economic Commission. Mahmoud Vaezi, the former communications and…

Tehran Stock Exchange’s main index gained 113.40 points or 0.14% to end Monday trade at 83,369.1.

About 478 million shares valued at $36.52 million changed hands for the day.

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Tehran is hosting the 11th International Exhibition of Plastics, Rubber, Machinery and Equipment, better known as Iran Plast 2017, from September 24 to 27.

Tehran Chamber of Commerce, Industries, Mines and Agriculture will dispatch trade delegations to Switzerland, Belarus, Slovakia and Austria by the end of 2017 and host one from Italy.

The equity market is to float its fourth initial public offering in the current fiscal year (started March 21) on Tuesday for Chodan Sazan Company.

A 10% stake in the company equaling 80…

Bank Saderat Iran is working to enhance operations of its branch in Doha to help remove banking problems facing Iranian exporters in Qatar, according to its chief executive.

“I can…

In addition to establishing ties with major international banks, the plan to unify dual foreign exchange rates requires prerequisites, the Central Bank of Iran’s former deputy for foreign…

Russia’s Vnesheconombank, otherwise known as VEB, has signed a contract with Iran’s Bank of Industry and Mine to finance a thermal power plant project in Hormozgan Province.

The contract…

China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market…

Azhitechs, an Iranian commercial vehicle producer and the official representative of Belarus’s Maz Trucks, is set to deliver 400 CNG-powered city buses to Tehran and Tabriz municipalities.

Steering wheel as we know it does not have a bright future -- in fact, it might disappear altogether as self-driving cars hit the road. Jaguar Land Rover, however, has an idea as to how it might…

Iran Financial Center signed a data-sharing deal with the Greek data vendor company Inforex S.A. at Tehran Stock Exchange on Sunday.

While foreign currency rates, especially the US dollar, are gradually rising in the market, the government’s earnings from revaluation of the Central Bank of Iran’s forex resources also go up…

The Nilson Report, one of the most trusted sources of news and analysis of the global card and mobile payment industries, has surveyed the largest merchant acquirers in Middle…

Bank Melli Iran’s branch has started operations in the Iraqi holy city of Najaf Al-Ashraf, the lender’s chief executive said.

Tehran Stock Exchange’s main index shed 419.60 points or 0.50% to end Sunday trade at 83,255.7.

About 404 million shares valued at $36.82 million changed hands for the day.

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Iranian government officials and steel industry players met at Financial Tribune’s office in Tehran on Sunday to set the agenda and the general outlook for the Eighth Iranian Steel Market…

Iranian gold producers are taking measures to improve their international ranking by increasing the quality of their products, an official with Tehran Gold and Jewelry Union said.