Economy

Microsoft has begun sending out media invitations for an event it plans to hold in New York City on October 6.

The invitation only says that the press will get to see new Windows 10 devices…

A new technology event called Tosan Innovation Challenge has been announced on local technology websites. The event is hosted by Tosan Boom, in association with local banking group Tosan Negin…

It is a rough time for Iran's steel industry as it is grappling with low domestic demand, shortage of liquidity, high production costs and the unwelcome imports of low-quality Chinese steel…

Head of Securities and Exchange Organization of Iran, Mohammad Fetanat gave a speech as a keynote speaker at the so-called 'IFN Issuers Forum 2015' hosted by REDmoney – a leading company…

More than 303 million securities were traded in 13,232 transactions valued at $45.65 million at Iran Fara Bourse with the benchmark falling down 9.88 points or 1.4% to close at 696.16. According…

Some 48,000 tons of saffron worth $69 million were exported via Khorasan Razavi Province’s capital city Mashhad during the first five months of the current Iranian year (started March 21), showing…

Head of Hormozgan Province’s Ports and Maritime Organization, Ebrahim Idani, says 2.2 million tons of goods were transported via railroad to and from Shahid Rajaei Port during the first five…

While only few German companies were among the institutional investors who rushed to gauge economic opportunities in Iran after it reached a preliminary nuclear deal with the P5+1 countries, the…

World businesses rushing to Iran, according to many economists, could act as a double-edged sword. The opportunity could be seized by the government to boost the economy by increasing domestic…

Tehran International Fairground will host the 11th International Trade Fair for Construction, Machinery and Vehicles, Mining and Natural Stone Industries, otherwise known as “Iran ConMin 2015”…

Tehran is hosting a fair for selling school supplies. The weeklong event, which runs through September 19, is aimed at promoting domestic products among Iranian students by offering discounts on…

As the Iranian economy opens up for business, regional Islamic banks are likely to benefit most as the country’s banking system is governed by Sharia.

Head of Central Bank of Iran’s Money Printing Department says no counterfeit paper money has been detected so far.

“The CBI has incorporated countermeasures to detect fake money and the…

A senior banking official believes setting up a debt securities market could create much needed new space for stressed commercial banks in the current challenging economic conditions and rapidly…

Iranian insurance companies paid 35.2 trillion rials ($1.2 billion at the official exchange rate) in claims settlement to policyholders during the first four month of the calendar year (started…

The US dollar continues to rattle the foreign exchange market with gains in the free market. The currency posted a weekly gain against the rial, taking a heavy knock on Monday amid news that the…

Google Inc. is bringing in John Krafcik, the veteran Ford and Hyundai executive, to head its self-driving car program, presenting the clearest sign yet of Google’s broad commercial aspirations for…

Iran's former national car, Paykan—produced for over 40 years, is finally seeing the end of its life as taxis on the roads of the Iranian capital.

The announcement of the upcoming ban was…

Ten automakers have committed to the US government to include automatic emergency braking in all new cars, a step safety advocates say could significantly reduce traffic deaths and injuries.

Not long ago in a meeting held between the officials of Hyundai Motor Company and the Ministry of Industries, Mining and Trade, the South Korean company expressed its willingness to produce cars…

Due to the wide availability of raw material and technology, six Iranian auto glass manufacturing factories are cooperating with domestic carmakers.

A portion of these factories' output is…

Head of Kerman Province’s Walnut Association, Farshad Soltaninejad says frostbite, pests and heavy summer showers have made the situation critical for Iran’s walnut growers. “In case the situation…

Food supplements, dietary supplements and vitamin supplement are all different names of the same product that has found its way into the households’ consumer basket all over the world, including…

More than 28,600 tons of eggs were exported during the first five months of the current Iranian year (started March 21, 2015), indicating a 31% increase compared to last year’s similar period,…

Hormozgan’s palm groves will produce 148,000 tons of dates by the end of the harvest season (October 23, 2015), announced deputy for improvement of plant production at Agricultural Jihad…