Economy

Tehran Stock Exchange and Korea Exchange (KRX) have signed a memorandum of understanding for cooperation.

China and India remain interested in developing Iran’s Chabahar Port, regarding it as a project with huge potential to encourage the regional shipping industry.

Chabahar Port’s development…

Iran’s aluminum industry is going through a tough time, as limited reserves cannot meet the growing domestic demand and it is on the hunt for alternative sources of raw materials.

Iron ore prices in Iran have recently jumped to $52.5 per ton after the Association of Producers and Exporters of Iron Ore handed over the pricing of this commodity to the Metal Bulletin, a…

Vehicle production at Iran Khodro Company, Iran's largest auto manufacturing company, has slumped below 1,000 units a day.

During the month ending May 21, the company would produce nearly 2…

Iran’s National Day of Nanotechnology will be held in China next week to introduce Iranian nanotech products to Chinese industries, Iran Nanotechnology Initiative Council Secretary Saeed Sarkar…

Iranian researchers from University of Maragheh have produced a nanodrug for targeted delivery that increases therapeutic effects and causes fewer side effects.

By using the conventional…

BLOCKS, the modular watch startup launched by UK-based graduates, has officially surpassed the $1 million mark on their Kickstarter page.

Iran will be dispatching eight companies to next year's CeBIT technology festival in the German city of Hannover scheduled for March 14 to 18. With support from the Ministry of Science, Research…

One of the priorities of the new government of Greece (second Cabinet of Prime Minister Alexis Tsipras) is to expand economic and trade relations with Iran, said the European country’s deputy…

The lifting of western sanctions as part of the nuclear deal reached between Iran and world powers in July would transform the country.

Speaking on the sidelines of an IMF meeting in Peru,…

In preparation for the end of economic sanctions on Iran in the first half of next year, South Korean firms are shifting their focus to the huge Iranian market. This is because the country will…

As many as 15 Iranian companies took part in the 21st Azerbaijan International Construction Exhibition “BakuBuild 2015”, which was held in Baku, Azarbaijan, 21-24 October.

The Czech Republic is ready to invest in Alborz Province’s transportation sector, IRNA quoted chargé d’affaires of the Czech Embassy in Tehran, Petr Stepanek, as saying in a meeting with municipal…

As debate on the newly-unveiled incentive package by the administration continues, a banking analyst has warned about the possible economic instability as the reserve requirement rate of banks is…

In its latest meeting on Tuesday, the Money and Credit Council disregarded mounting pressure for further interest rate cuts from government officials.

Ending the long recession is the talk of the town and has been making news headlines ever since the government unveiled its much-hyped quantitative easing program last weekend.  In the…

The International Monetary Fund (IMF) says the recent agreement to remove most economic sanctions on Iran will be positive news for the global economy.

Bank Maskan has given a total of 250,000 loans worth 60 trillion rials ($ 2 billion) in the first nine months of the fiscal year that started on March 21, the bank’s CEO Mohammad Hashem Botshekan…

A delegation from Iran will visit Moscow before November 12 to set up a joint bank with Russia, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news…

Asphalt market is in a favorable condition, thanks to municipalities’ year-round projects to renovate and maintain streets and highways, says an asphalt producer and contractor.

Ahmad…

Oil-rich countries are concerned that lifting of sanctions on Iran’s oil industry and the return of Iranian crude to international markets would result in a further decline in oil revenues.

The implementation of the nuclear deal reached between Tehran and world powers will pave the way for the copper sector to see an increase in foreign direct investment, says head of Iran Mines and…

The Iranian government would like to attract foreign partners and import new technologies and standards in several sectors, an international business development manager said.

Tehran Stock Exchange’s overall index gained 1,598 points or 2.60% to settle at 63,175 during the Iranian month that ended on October 21.

The First Market Index and the Second Market Index…