Economy

Iran’s accession to the World Trade Organization is pending after almost 19 years, which has made the country’s membership bid one of the longest in the history of the international pro-free trade…

Iran Mercantile Exchange witnessed the supply of 107,040 tons of bitumen, sulfur and insulations on the export trading board on Wednesday.

The oil and petrochemical trading board played…

Between 800,000 and 1 million tons of rice need to be imported by the end of the Iranian year (March 19, 2016), according to Iran Rice Association. As part of a decree issued by Agriculture…

An Iranian trade mission plans to visit Bangladesh early January to explore business opportunities in the South Asian country, announced deputy minister of industries, mining and trade, Valiollah…

Iran should speed up trade expansion with Russia before it loses the tough competition to Egypt, Pakistan and India, says the head of Iran-Russia Chamber of Commerce, Asadollah Asgaroladi. “Iran…

Iran’s non-oil foreign trade during the nine-month period ending December 21 stood at about $62.19 billion, according to the latest report published by Iran Customs Administration.

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Ten passenger planes with an average age of 11 years will join Iran’s air fleet by the end of the current Iranian year (March 19, 2016), says deputy head of Civil Aviation Organization of Iran,…

To strengthen trade and tourism relations with Oman, the Qeshm-Khasab shipping lane will open by the end of the Iranian month of Dey (January 20), IRNA quoted Managing Director of Qeshm Free Zone…

Audi, the German luxury carmaker, has reaffirmed that it has not entered the Iranian market or signed up with a local distributor.

The new press release followed a report by a local…

Only 500,000 of the total 3.5 million vehicles plying the streets of Tehran obtained quality inspection certificates last year, said the head of Tehran's Vehicle Quality Inspection Headquarters.…

Iran’s economy is expected to recover on account of the upturn in private consumption and the successful diversification into the non-oil sector, according to Market Research Firm, Frost &…

The Central Bank of Iran and Islamic Development Bank have agreed to launch a joint project for developing a unified set of regulations for Islamic banking.

The Central Bank of Iran on Monday released its report on the key macroeconomic indicators in the first quarter of the calendar year (March 21- June 2).

According to CBI’s 1-Q Index, 1.4…

India’s oil import dues to Iran will be transferred to Iran as soon as the nuclear accord Tehran signed with the six world powers takes effect, said Hussein Yaqoubi, director of the Central Bank…

The 18th session of the India-Iran Joint Commission was held in New Delhi on Monday with the participation of India’s External Affairs Minister Sushma Swaraj and Iran’s Economy Minister Ali…

The Iranian Privatization Organization transferred the ownership of government shares worth 13.2 trillion rials ($360 million at market exchange rate) to private owners in the first three quarters…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 17,700 tons of A3-12-32 rebars by Isfahan Steel Company at the base price of $0.3 per kg on Monday, in…

Ten years ago, half of the imported plastics and rubber machines sold in Iran came from Germany. Today, after years of western sanctions over Iran’s nuclear programs, it’s virtually zero.

The global annual worth of financial transactions in the field of information technology amounts to $3.8 trillion, of which Iran has a meager share of $6 billion, said the Ministry of…

Iranian researchers have built a home connectivity system that works via wireless Internet.

Ali Moqaddas, a researcher at a knowledge-based company, added that the new system provides the…

Samsung Electronics Co. Ltd, the world’s top smartphone maker, plans an initial production run of about 5 million of its upcoming Galaxy S7 smartphones.

 Air pollution could be big business.

Two of the world’s largest technology firms, IBM and Microsoft, are vying to tap the nascent, fast-growing market for forecasting air quality in…

The securities and exchange organization is determined to reactivate its financial diplomacy as soon as the sanctions are lifted, said Mohammad Fetanat, head of Iran's Securities & Exchange…

The Central Bank of Iran has issued a directive to banks and credit institutions to augment their support for manufacturing units, banker.ir reported.

Chief executive of Shahr Bank (city bank) called for the formation of a banking consortium to enhance public transportation in big cities. Hussein Muhammadpour Zarandi said “air pollution in urban…