Economy

The Persian Gulf Petrochemical Industries Company is close to finalizing an agreement with French energy major Total S.A. to conduct feasibility studies on petrochemical ventures in Iran, the…

The government has purchased 8.8 million tons of wheat worth 115 trillion rials ($2.95 billion) from local farmers across the country so far in the current crop year, Deputy Agriculture Minister…

A total of 2 trillion rials ($51.28 million) from the National Development Fund of Iran have been allocated to nomads to streamline red meat production, the head of Iranian Nomad Organization…

Negotiations with Afghanistan for the export of Iranian eggs to the neighboring country have failed and Iran’s chances of exporting eggs seem remote even by the end of the Iranian year (March…

Some of the decisions made by the newly-formed government of President Hassan Rouhani suggest that the officials are intent on pursuing the trial-and-error approaches that bled the economy dry…

Iranian Privatization Organization has brokered the sales of over 1.17 trillion rials ($30 million) worth of public companies’ shares since the start of the current fiscal year (March 21) to…

France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said…

Online stage of Elecom Games, an Iranian video gaming convention, opened on Thursday. Winners of the online contest will enter the main competition.

Russian technology companies will lose out on state orders unless they switch to using home-grown software, Russian President Vladimir Putin was quoted as saying on Friday.

Putin said…

Iran will attend the Telecom World 2017 in Busan, South Korea from September 25 to 28.

Austria’s Oberbank will sign a deal with Iran this month, enabling it to finance new ventures there, its chief executive said, among the first European lenders to do so since sanctions were…

The Central Bank of Iran is to reevaluate and upgrade its rules and general approaches regarding foreign currencies, says the bank's deputy for foreign exchange policies and regulations days…

An official of the Central Bank of Iran has announced the details of regulations related to dormant accounts that were passed by the Money and Credit Council in early August.

The Economic Office at the Central Bank of Iran has briefed the Money and Credit Council on the latest economic developments in MCC’s most recent meeting late Tuesday. According to CBI’s…

Following the final agreement for a multibillion dollar South Korean finance deal for Iranian projects, private Iranian banks have signed a memorandum of understanding with their South Korean…

More than 15,000 tons of shrimps worth over 2.21 trillion rials (close to $70 million) were exported to 10 countries in Europe and Asia during the last Iranian year that ended March 20, 2017,…

Close to 440 tons of shampoo worth 59.8 billion rials ($1.84 million) were imported during the fourth month of the current Iranian year (June 22-July 22), the Islamic Republic of Iran Customs…

About 2.8 billion cigarettes were smuggled into Iran during the five months since the beginning of the current Iranian year (started March 21), registering a 47% decline compared with last year’…

China’s strategic interest in Iran is intensifying, as Chinese manufacturers seek to establish new operations in Iran.

Tehran is viewed as a vital transport and logistics hub, reads a…

A joint commercial delegation from the chambers of commerce, industries, mines and agriculture of Iran and Tehran headed by TCCIM Chairman Masoud Khansari are scheduled to visit Belarus from…

The prices of imported flat steel in Iran continued to increase over the week that ended on Wednesday, as deals and offers were reported at higher prices.

There was a booking of 20,000…

The Trade Defense Instruments Committee of the EU has rejected a proposal to impose definitive anti-dumping measures on the import of hot-rolled coil from Iran and three other countries.

Tehran Stock Exchange’s main index TEDPIX gained 402 points or 0.5% during the week that ended September 6 to close at 83,675.

Trading at Iran’s stock markets starts on Saturday and ends…

The export of PET (polyethylene terephthalate) chips continues to be the biggest problem for Iran’s PET polyester carpets, the chairman of Sadaf Termeh Fiber’s board of directors said. “The…

The intrinsic quality of capital is that it cannot afford to stop growing, as the whole process of economic reproduction is conditioned on capital accumulation.

The system depends on…