Economy

Deputy minister of industry, mine, and trade Mehdi Karbasian has unveiled ten major projects in the mining and mineral industry, which are scheduled to become operational within the current…

Hormozgan Steel Company’s steel slab manufacturing increased by 10% to 1.17 million metric tons over the past Iranian calendar year (ended March 20) compared with the preceding year; IRNA cited…

Google says it is ready to take its fully autonomous prototype vehicle on the road, but the company has yet to apply for the required permit in California, Autonews Europe reported on Saturday.…

General Motors will invest $1 billion to expand and renovate operations at its technical center in the US city of Detroit, Autonews America reports.

The ministry of industry, mine, and trade has denied issuing permits for Chevrolet imports, an official with the automotive sector of the ministry said, Fars news agency reported on Saturday.

Approximately 5,000 Renault factory workers in Turkey stopped production activities during their shift between 4pm and midnight on Thursday, and have refused to return to work at the factory since…

The Iran Fara Bourse benchmark gained on petrochemicals and refining companies, and rose 9 points or 1.21 percent to stand at 738.51 on Wednesday trading, IFB public relations reported.

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A variety of goods were listed on the Iran Mercantile exchange trading floors in a bustling trading day on Wednesday.

New measures approved by the Securities and Exchange Organization (SEO) to improve transparency might not be enough.

Petrochemical and refining companies outperformed at Wednesday close to boost the Tehran Stock Exchange’s overall index.

Deputy minister of industry, mine, and trade, Mehdi Karbasian, says multinational mining firms from 15 countries have offered to invest in Iran's mining and mineral industries, Mehr news agency…

The Angouran Lead and Zinc Complex exported 62,055 metric tons of ore to processing facilities in the first month of the Iranian calendar year; indicating 41% growth compared to the similar period…

Tehran will be hosting an international mining conference on May 31, announced deputy industry minister, Mehdi Karbasian on Wednesday. The 2-day ‘Iran Mines and Mining Industries Summit’ will be…

Officials from the Central Bank of Iran and the ministry of economy met on Wednesday with the CEOs of several commercial banks in Tehran to discuss banking reforms. The meeting, held in the…

A deputy manager of Moallem Insurance Company has rejected an allegation that his firm has failed to meet its commitments in covering losses for pensioners and recipients of life and retirement…

In a bid to boost business, commercial banks in Iran have been urged to increases the number of loans going to small and medium-sized enterprises (SMEs), said Ali Asghar Mir Mohammad Sadeghi,…

As nuclear talks between Iran and six world powers (P5+1) approach the final lap, Iran is preparing to restore banking links with the rest of the world after years of separation, but the process…

Gold coins rebounded from six-week lows on Wednesday, bolstered by dollar's gains in Ferdowsi Street – the center of currency trading in Tehran – and increased demand for the precious metal, while…

The 22nd International Agricultural Trade Fair entitled “Agro-Food 2015 Exhibition” will be held at Tehran International Permanent Fairgrounds on May 26-29, IRNA reported.

According to data released by the Islamic Republic of Iran Customs Administration (IRICA), about 3,000 metric tons of meat worth $12 million was imported in the first month of the current Iranian…

The oversupply in the chicken egg market over the past Iranian calendar year (ended March 20), inflicted heavy losses on the producers and they are now on the verge of bankruptcy, Eghtesad-News…

The horse industry is regarded as a million-dollar industry throughout the world and in Iran too; however growth is hampered by a number of factors, among them equine imports from neighboring…

Iran and Poland are exploring avenues for stronger railway cooperation, with the Polish side showing enthusiasm to share with Iran its latest technological achievements.

Iran will protect its domestic market and the manufacturing sector once the western sanctions – imposed against Tehran over its nuclear energy program – are lifted, First Vice President Es’haq…

Iraq’s Minister of Industry and Minerals, Nasser al-Issawi, called for more investment by the Iranian companies in different sectors of the Iraqi economy, saying Baghdad will provide the investors…