Economy

Tehran Stock Exchange’s main index inched up 3.70 points or 0.01% to reach 62,630.1 on Sunday.

More than 485 million shares valued at over $30.6 million changed hands in 30,355 transactions…

Iran needs to import 600,000 tons of rice to meet domestic demand in the current Iranian year (to end March 19, 2016), says deputy agriculture minister, Abbas Keshavarz.

Any import will be…

Close to 2.6 million tons of steel products are currently stored in warehouses, a figure that accounts for nearly 20% of annual steel production.  Steel sheets make up for the bulk of the…

More than 74,000 tons of apples worth over $441 million were exported from West Azarbaijan Province to Iraq, India, Pakistan, the UAE, Kuwait, Tajikistan, Turkmenistan and Afghanistan during the…

On average, more than $20 billion worth of goods are smuggled in and out of the country every year, said the head of Central Taskforce to Combat Smuggling of Goods and Foreign Currency. Habibollah…

Gold exports from the city of Mashhad, located in Khorasan Razavi Province, have picked up after a 15-year hiatus, the head of Mashhad Gold and Jewelry Producers Guild said. Baqer Maboudinejad…

Expanded Polystyrene or EPS is a lightweight, rigid, plastic foam insulation  material produced by expanding solid beads of polystyrene. It performs as an acoustic and thermal insulator, is…

The development of autonomous automobiles is progressing at a rapid rate, but there’s still a lot of work to do before these self-driving vehicles are legally allowed on the roads without a team…

Fully autonomous vehicles roaming public roadways are still many years away but if racing organizer Formula E has its way, you’ll be able to watch self-driving cars compete on the track next…

Three startups prevailed as champions of the Get in The Ring challenge, held for the first time in the Palestinian city Ramallah on November 19.

Mockapp, Fadfid and Batuta were the winners…

Iran’s Supreme Council of Cyberspace has announced that 25 million Iranian gamers spend an hour and a half playing videogames every day.

According to technology website Digiato, this…

According to statistics released by the Central Bank of Iran, Iranians have made $17 billion worth of Internet purchases since the start of the current Iranian year (March 21).

Lands in rural areas will be sold to investors at a 50% discount, says Mohammad Ali Abrishami, managing director of Iran Small Industries and Industrial Park Organization. He added that low-…

The Securities and Exchange High Council has approved the establishment of a currency futures bourse, a council member said Saturday. Mohammad Reza Pourebrahimi said the Central Bank of Iran’s…

The Ministerial Conference on Housing and Urban Development (APMCHUD) Slum Upgrading Working Group (RSUWG) starts its 3rd meeting in Tehran on Sunday during which member nations will share…

The housing market is one of the alluring and profitable sectors of the economy in times of economic growth. It also is a key sector with almost 200 occupations and industries depending on it for…

Bank deposits grew by 1 quadrillion rials ($33.4 billion at the official exchange rate) in the first half of the current Iranian year (ends March 20, 2016).

Private deposits in the period…

A major international reinsurance company will soon start operating in the Persian Gulf island of Qeshm after the lifting of the sanctions.

No one doubts that Iran has potential. With almost 80 million people, it is the world’s 17th-most-populous market.

The country has competent farmers, carmakers, drug firms and a fairly…

The earthy smell of silk and wool fills a showroom piled with thousands of hand-woven rugs. It is a familiar scent, one that links this shop in LA’s Westwood neighborhood to Tehran’s bazaars 8,000…

c in the territory of Armenia, the latter’s Agriculture Minister Sergo Karapetyan said on Friday during a meeting with Iranian Ambassador to Armenia Seyyed Kazem Sajjadi. Sajjadi said the export…

Vietnam’s Ambassador to Iran Tran Trong Khanh says the southeast Asian country’s 64 million population could be a good market for Iranian products. “Vietnam has skilled workforce in a variety of…

Paraguay is banking on Iran to increase its meat exports in early 2016 amid a huge surplus, said the South American country’s deputy agriculture minister, Marcos Medina.

Russians have promised to cut import tariffs on Iranian goods during the 12th session of Iran-Russia Economic Commission held in Moscow earlier this month, announced the head of Iran-Russia…

As many as 20 Chinese companies will invest $150 million in Salmas Special Economic Zone, located in West Azarbaijan, according to the head of the province’s Investment Services Center, Mohammad…