The head of Iran Mining House announced that the proposal for establishing a bank dedicated to the mining sector with a capital requirement of 6 trillion rials ($160 million) will be…
Economy
The Central Bank of Iran is against monopolizing electronic banking and supports banks or entities that provide efficient services, the bank's governor said.
"The central bank backs the…
Close to 134,000 tons of tomato paste worth more than 5.8 trillion rials ($154.7 million) were exported over the 11 months to February 18, according to the Islamic Republic of Iran Customs…
Close to 144,200 tons of different kinds of thread worth nearly 7.9 trillion rials ($210 million) were imported over the 11 months to February 18, based on figures released by the Islamic Republic…
Iran’s Traditional Bakers’ Union has called for a rise in bread prices, stressing that prices have remained unchanged for 30 months now. “Bakers across the country cannot cover their expenses,…
Some 23 trillion rials ($612 million) worth of investments have been made in Mazandaran Province’s industrial projects since President Hassan Rouhani took office in August 2013, the planning and…
Iran is in talks with France-based plane manufacturer Airbus and pursuing a joint venture with Italy’s ATR to domestically produce aircraft parts, says Iran’s Vice President for Science and…
Tehran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to host a trade delegation from the German state of Bavaria in the Iranian capital on May 1, TCCIM’s news portal said.
Iran has numerous historical monuments and buildings, the likes of which would be listed as architectural heritage in other countries.
Since the public budget is not sufficient to safeguard…
President Hassan Rouhani on Sunday inaugurated $20 billion worth of gas and petrochemical projects in Asalouyeh, Bushehr Province, in what is hailed as the biggest launch of industrial projects in…
The significantly reduced availability of pig iron from Ukraine since late February has opened the door to the Italian market for alternative suppliers, India and Iran in particular. Basic pig…
Major Iranian steelmakers exported over 5.38 million tons of crude steel and steel products in the last fiscal year (March 2016-17), registering a 29% growth compared to the year before, Iranian…
Tehran Stock Exchange’s main index inched up 88.40 points or 0.11% to end Sunday trade at 78,471.7.
Close to 1.4 billion shares valued at $83.1 million changed hands for the day.
…
Close to 50,000 tons of chicken were exported from Iran in the last fiscal year (March 2016-17), down from 80,000 tons the previous year, registering a 37.5% decline, the head of Broiler Breeders…
Iranian iron ore producer Sabanour Mining and Industrial Development Company plans to complete its new pelletizing project called Asadabad Pelletizing Plant located in Hamedan Province by the…
About 45 billion cigarettes were produced in Iran over the last fiscal year (March 2016-17), registering a 50% rise compared with the year before, the head of the Center for Tobacco Planning and…
Vice President for Science and Technology, Sorena Sattari, said on Saturday that Iran’s startups have contributed to economic growth following the nuclear agreement in mid-2014 that led to the…
A new government-backed website has been launched to help Iranians counter the theft of electronic devices like mobile phones.
Hamyab24.com offers a wide range of services for protecting…
A local Iranian candy firm is seeking to turn Corporate Social Responsibility (CSR) on its head with a newly developed social network platform for children.
Shiva Mfg Co., which sells jelly…
Research firm SuperData has reported that its analysis shows that Nintendo sold 2.4 million Switch consoles during its first month of release.
The home console/portable hybrid launched…
A 264-kilometer railroad from Tehran to Hamedan will be inaugurated in May, the minister of roads and urban development said. “Rail tracks for more than 240 kilometers [of the line from Tehran]…
A comparison of the incomes and expenses of Iranian households shows the former has been increasingly overtaking the latter since Hassan Rouhani took office in August 2013 as Iran's president,…
A record high of more than $1.1 billion worth of goods were exported from Kerman Province in the last Iranian year (March 2016-17), Mehdi Hosseininejad, the head of Kerman Industries, Mining and…
Local cement prices have risen by about 5% compared to last September quotes, the head of Cement Employers Association announced.
“Each ton of ex-works type 2 bulk cement will be priced…
The 20th meeting of Iran-Pakistan Economic Commission is scheduled to convene in Tehran on April 16-17.
A Pakistani delegation headed by Minister of States and Frontier Regions Abdul Qadir…
