Economy

Russia will remove import tariffs on Iran’s dairy products as of January 15, said the head of Iran Chamber of Commerce, Industries, Mines and Agriculture. Mohsen Jalalpour added that the facility…

The Saudi government has cut its economic and diplomatic ties with Iran under the pretext of an attack on its Tehran Embassy. Bahrain, Sudan and Djibouti followed suit and the UAE downgraded its…

Exports from most Iranian provinces since the beginning of the current Iranian year (March 21, 2015) mark a rise in terms of volume and value.

According to a report by Mehr News Agency,…

Mahallat County in Markazi Province exported flowers and ornamental plants worth $10.8 million to Iraq, Azerbaijan, Tajikistan, Japan and Thailand during the nine-month period ending December 21.…

Iran and Afghanistan have signed a memorandum of understanding to facilitate transit via border crossings. The MoU was signed in a meeting between transport officials of the two countries after…

Trade with China saw a 34% decline in 2015, says the deputy head of Iran-China Chamber of Commerce. Majid Reza Hariri added that the falling prices of oil, gas condensates, iron ore and other…

MTN Irancell has launched new online services to support its subscribers and communicate with them through the highly-popular messaging application Telegram. The company has launched its Telegram…

Nvidia is kicking off CES 2016 with its traditional first keynote. CEO Jen-Hsun Huang wasted no time getting to the “punchline,” a new supercomputer for cars he’s calling the Drive PX2, the follow…

Finland’s Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its €15.6-billion ($17 billion) all-share offer and the two telecom equipment makers would combine on…

Online searches using the word “Iran” in English and Persian scripts have jumped 10% during the past few days, according to Google.

The leading country heading this trend is surprisingly…

A member of the Iranian Society of Consulting Engineers has called for revising  the manner in which construction permits are issued by shifting authority from the municipalities to the…

Lenders should offer housing loans with long-term repayment periods in order to lift the sluggish housing market, Hussein Abdo Tabrizi, an advisor to the minister of roads and urban development…

Heavy investment in real estate and business ventures is the primary reason behind the failure of Samen-al-Hojaj Credit Institution to meet its financial commitments to depositors.

The Majlis Research Center has voiced support for the healthy operations of interest-free institutions (aka Qarzol-Hasaneh) saying the presence of the small-scale financial institutions is “…

The Economy Ministry and a Danish bank have signed a memorandum of understanding (MoU) on banking ties, Foreign Minister Mohammad Javad Zarif said.

 Following a request by the Central Bank of Iran, the Communication Regulatory Authority of Iran has banned unauthorized financial institutions from sending SMS ads. The CBI has also taken up…

Marine industries in Sistan and Baluchestan Province provide an investment bonanza, said the province’s governor general on Saturday.

The Central Securities Depository of Iran issued 19 new trading codes to foreign investors in the Iranian month ending December 21. According to SENA news agency, the sole registration entity and…

Iranian Aluminum Company produced more than 135,230 tons of aluminum ingots during the nine-month period of the current Iranian year (March 21-Dec. 21), indicating only a 0.13% drop in production…

The Russian Roststelmash Company, a producer of agricultural equipment, has expressed readiness to sell 150 vector combine harvesters to Iran, announced the company’s CEO, Valeriy Matsev, on…

Tehran Stock Exchange’s all-share index TEDPIX inched up 17.90 points or 0.03% to close Monday trade at 61,728.1.

Over 575 million shares valued at around $34 million changed hands to…

The Iranian government is streamlining its foreign exchange operations to help the central bank manage the foreign exchange rates, as low oil prices, coupled with ongoing sanctions on oil and…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 2,220 tons of C hot-rolled sheets, 2,200 tons of B hot-rolled sheets, 1,000 tons of B cold-rolled sheets and…

The main advantage for Iran’s paint production sector is the availability of cheap petrochemical and oil products, managing director of Shadan Chemical Company said.

Mohammad Ali Asasi…

Iran will start genetic modification of shrimp, carp and trout in cooperation with Brazilian and Hungarian experts in the fourth quarter of the current Iranian year (to end March 19, 2016), said…