Economy

Tehran Stock Exchange’s benchmark pulled up 180 points or 0.29% on Wednesday’s close to end at 61,389.8.

Iran Mercantile Exchange saw the offering of 65,000 tons of bloom ingots by Khuzestan Steel Company on the Industrial and Mining board on Tuesday.

Disposable plasticware started to grow in popularity in the late 20th century and is widely used in Iran. However, the market for such products has changed dramatically in recent years, driven…

Volkswagen plans to launch in January a recall of vehicles with software at the center of the emissions-rigging scandal and aims to fix them all by the end of next year, the company's new chief…

In a surprise move, Arian Motors, previously the sole distributor of Mitsubishi cars and pickups, has announced it will be the sole distributor of Citroen's premium DS brand of vehicles in Iran.…

Japan is seeking Iranian business partners to start manufacturing vehicles and auto parts inside Iran, the chairman of Japan External Trade Organization said in a recent announcement.

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A hybrid electric-fuel cell vehicle made at Khajeh Nasir Toosi University of Technology was unveiled this week at the university's Faculty of Computer and Electronic Engineering.

The…

Azadi gold coin rose slightly on Tuesday as gold prices surged in global markets. By 2:20 pm the benchmark coin was sold at 9.29 million rials ($310 ) or .65% up from yesterday’s close.

Economy Minister of Germany’s Lower Saxony state, Olaf Lies, accompanied by a 100-strong trade delegation, met with top Iranian officials in Tehran on Monday to discuss trade and investment…

Strong ties between Iran and Croatia should lead to expansion of bilateral economic relations, said Croatian Parliament Speaker Josip Leko, who is leading an economic delegation to Iran, in a…

Around $50 million worth of fodder were exported to 11 countries during the past Iranian year, says head of Iran Feed Industry Association, Majid Movafeq Qadiri. Furthermore, the government is in…

Saffron production in the current crop year is expected to reach 300 tons, which would indicate a 43% increase compared to last year, says Ali Hosseini, a member of National Saffron Council. The…

An increasing number of Japanese businesses are eying the Iranian market in light of the imminent lifting of western sanctions against Tehran, Japan’s international broadcasting service NHK World…

The two securities exchanges, Tehran Stock Exchange and Iran Fara Bourse, are losing the fight to attract and hold on to investments with their main indices at two-year lows and falling further.…

Various agricultural commodities were offered based on salaf, installment and cash contracts at Iran Mercantile Exchange on Tuesday. The agricultural board featured 210 tons of rice based on salaf…

The first eight months of 2015 saw Iran carry out transactions with 162 countries.

The latest figures by the Islamic Republic of Iran Customs Administration show that the country registered…

The Minister of Agriculture Mahmoud Hojati announced a cut in the interest loans given to farmers and for agricultural purposes, boursepress reported.

The first meeting to find ways to alleviate fraud in the insurance industry was held at the premises of the Iranian Insurers’ Syndicate Tuesday.

The Iran-Korea business conference at the weekend focused on introducing new opportunities in Iran. The event was one in several recent gatherings as an increasing number of foreign businesses and…

Struggling with the shortage of money supply and unfair competition with unauthorized financial and credit institutions, banks may not be able to comply with reduced interest rates ordered by the…

Bank Maskan is implementing a new financing scheme it calls “structured finance” to help large development projects.

New Towns Development Company, Iran Airport Company, Islamic Republic of…

Satellite provider Eutelsat and social media network Facebook announced on Monday they are to partner on a new initiative that will leverage satellite technologies to millions of African homes.

Plans to launch astronauts into space at Iran's Aerospace Research Institute have progressed by 30%, said Fathollah Omi, the head of the institute. The official added that if contractors lend…

Takaaki Kajita of Japan and Arthur McDonald of Canada have won the Nobel Prize in physics for the discovery of neutrino oscillations.

The Royal Swedish Academy of Sciences said the two…

The Eighth International Iran Nano 2015 Festival opened on Monday at Tehran's International Fairground with the participation of 160 Iranian and international companies, universities and research…