Economy

Car import tariffs in the new Iranian calendar year (started march 21) will remain unchanged, said Abbas Hosseini, an official at the industry ministry. He said just like last year, import tariffs…

Over the past decade, the packaging industry has transformed itself from a protective box into a full-fledged product. From large delivery companies like Amazon, to tech-giants like Apple, to a…

The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) says the country will present its investment opportunities in the copper sector during the 14th World…

Latest statistics by the World Steel Association show that crude steel production in Iran during the first two months of 2015 recorded 15% growth compared to the similar period in 2014, reaching 2…

Close to 96,000 tons of various goods were offered at the Iran Mercantile Exchange (IME)’s spot market during Saturday trading.According to IME public relations office, the agricultural trading…

The Tehran Stock Exchange (TSE)' breathtaking rallies at Saturday close helped all indices to record unprecedented gains, with the TEDPIX soaring 3.19 percent to underscore TSE's hidden potential…

Following the tentative agreement between Iran and the P5+1 (Russia, China, France, Britain, the US plus Germany) over Tehran’s nuclear energy program which was announced Thursday in Lausanne, it…

The Central Bank of Iran lifted a ban on acceptance and processing of one billion rial checks issued by two private banks Ayandeh and Sarmayeh, banker reported on Saturday.

In early…

Central Bank Governor Valiollah Seif said on Saturday that the bank will by no means intervene in the currency market even if the dollar or other foreign currencies may start losing value against…

The rial rose against all major currencies on Saturday, as bullish bets on the Iranian economy increased on the promise of the lifting of the western sanctions against Iran’s economy.

The total value of bounced promissory notes and bills of exchange plummeted 32.6 percent to three trillion rials ($93.4 million at market exchange rate), in the 11 months ending Feb. 19.

The number of mining accidents in Iran reduced by 40 percent in the past Iranian calendar year (ended March 20) compared with the previous year, head of mines supervision bureau in the ministry of…

The number of foreign companies taking part in the Iranian fairs has increased by 110% compared with two years ago, Mir Aboutaleb Badri, a senior official at Iran’s Trade Promotion Organization (…

Auto market analysts say foreign car prices would most probably decline following the understanding reached between Iran and the world powers on the outline of a final nuclear deal, ISNA reported…

Based on the latest report released by the World Bank, Iran’s exports during the second month of 2015 rose by 11.4% in value, while its imports decreased by 3% during the same period, Tasnim news…

Official statistics for the first 10 months of the past Iranian calendar year that ended on March 20 indicate that some 919 trillion rials ($32.8 billion at official exchange rate) were invested…

Iran produces about 180,000 tons of kiwi fruit annually, about 5 percent or 9,000 tons of which is spoiled due to demand fluctuations in the domestic and international markets. This has given rise…

Central Bank Governor Valiollah Seif has urged commercial banks and credit institutions to take fresh measures to implement instructions outlined by the Leader Ayatollah Seyed Ali Khamenei on the…

Iran’s second largest mobile phone operator by number of customers, MTN-Irancell, has launched a new wireless internet service for people visiting popular areas in northern Tehran, its PR office…

Paid claim losses by Iranian insurance firms grew by 20.7 percent year-on-year in the 11 months ending on Feb. 19, Eghtesad News reported.

I ranians headed for nature to spend the 13th day of the new Iranian year shaking off misfortune, in a ceremonial way. Some were eyeing Lausanne, Switzerland.

The Central Bank of Iran announced it has received another tranche in frozen assets from the Omani Central Bank as part of the original Joint Plan of Action deal which was signed by Iran and the…

The Iranian administration is determined to reduce the interest rate in the fiscal year ending March 2016, a senior official announced on Monday. “In light of the new decisions, the interest rate…

The Iran Mercantile Exchange (IME) was bustling during the five working days of the new year (started March 21), with future trade volume and value recording 58 and 45 percent growth respectively…

The minister of industry, mine, and trade has lauded Iran’s presence at the upcoming Expo Milano 2015, IRNA reported. Regarding the expo’s main theme of “human nutrition” the Iranian booth this…