Economy

F ew would contest the charge that Iran’s banking industry is not up to the mark. Confluence of bad loans, mismanagement plus the mountain of government debt has, to name a few, called into…

Iran’s share in Damask rose business is insignificant, said the head of Rastegar Biotechnology Center.

Iraj Rastegar added that Damask rose business is worth $10 billion, which makes the…

Tehran Stock Exchange’s benchmark edged down 9.8 points or 0.02% to settle at 62,254.7 on the first weekday.

Most indices wrapped up the fluctuating trading day in red, with the Free Float…

The stock market’s general trend is not necessarily followed by all industrial groups listed in Tehran Stock Exchange and Iran Fara Bourse.

During a meeting between deputy minister of industries, mining and trade, Mehdi Karbasian, and Azerbaijan’s Minister of Economic Development Shahin Mustafayev in Baku on Friday, the two sides…

Head of the Securities and Exchange Organization Mohammad Fatanat held talks with his Luxembourg counterpart Robert Scharfe on Saturday over potential cooperation between the two stock markets.

Iran Mercantile Exchange featured about 50,000 tons of I-beam from Isfahan Steel Company on the industrial and mining trading floor on Saturday.

Iran Fara Bourse’s main index IFX added 3.7 points or 0.54 to close at 684.3 on Saturday, snapping a six-day losing streak

According to IFB, some 180 million securities valued at over $260…

Around $10 million worth of wristwatches were imported in the first five months of the current Iranian year (started March 21), ISNA reported on Monday. Swiss-made watches worth $5 million…

Iranian Meraj Airlines is planning to add 25 passenger planes to its fleet, says the airline’s deputy head for commerce, Ali Mehravar, as reported by Mehr News Agency. He, however, added that the…

The implications of a new opening with Iran have raised expectations around the globe. The European Union, which celebrates the nuclear deal with Iran as a rare success in foreign policy, is…

Deputy Minister of Industries, Mining and Trade Valiollah Afkhamirad visited Bosnia and Herzegovina on Friday and held talks with the country’s top officials and industrialists on possible avenues…

Oilseeds and grains, particularly wheat, are among Iran’s strategic items that will be placed on a list of preferential tariffs with Ukraine, announced the Iranian head of the two countries’ joint…

Iran’s first specialized oil, gas, petrochemical, construction, energy, water, electricity and engineering services exhibition in Azerbaijan, titled “Iran Project”, is scheduled to be held in Baku…

Renault is sticking to its goal of adding Russian affiliate AvtoVAZ to its books next year, despite an extended plunge in the country's car market.

Renault and Japanese partner Nissan Motor…

Ferrari and Red Bull appear poised to claim a first pole position of the season at the Singapore Grand Prix after both teams easily outpaced Mercedes in the final free practice session.

Volkswagen and its Skoda brand is exploring the Iranian market, following the country’s deal with the West to end sanctions, which could cut their dependence on volatile Chinese and Brazilian…

Bentley CEO Wolfgang Duerheimer has stated that the very first Bentley Bentayga SUV has been reserved for the Queen of England as the first year’s production sells out.

Top-end Range Rovers…

Iran ranks 18th among vehicle manufacturing countries, statistics released by the International Organization of Motor Vehicle Manufacturers for the first half of 2015 said. According to the data,…

Iran is still dependent on imports to fill in the supply deficit of some key metals, but industry experts are hopeful that the country’s rich reserves offer opportunities for new discoveries and…

An Iranian economic delegation, headed by deputy minister of industries, mining and trade, Valiollah Afkhamirad, visited Serbia on Wednesday for a three-day visit aimed at expanding bilateral…

The wobbly stock market keeps putting investors on the edge, with Tehran Stock Exchange’s benchmark dipping 1,203 points or 1.9% in the week that ended September 16 to close at 62,624.

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The Iranian government’s approach in handling soaring inflation over the past two years has divided economists over President Hassan Rouhani’s economic policies.  

Iran exported 180,000 tons of pistachio worth $1.5 billion last Iranian year, which ended on March 20, 2015. Deputy minister of agricultural jihad, Jahangir Arab, made the announcement on…

Azerbaijan Republic has signaled its readiness to extend its railroad into Iran’s soil by 2 kilometers, Gilan’s provincial governor announced Wednesday. The construction of a container terminal…