Economy

Production of mineral paper, a cheaper and more eco-friendly alternative to traditional paper, is set to get going in two months, announced the CEO of Pishgaman Asr Ertebatat Cooperative Company…

A single-digit inflation rate is achievable by the end of President Hassan Rouhani tenure, says the Minister of Economic Affairs and Finance Ali Tayyebnia, adding that “it is natural to see a slow…

The joy of riding large engine motorcycles could be just around the corner with a possible easing of restrictions after 30-plus years.

This month a dozen bikers on aged and newer models…

Volkswagen must sell its shares in estranged partner Suzuki, an international court has decided, ending a nearly four-year battle over a dysfunctional alliance between the two carmakers.

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Renault and alliance partner Nissan Motor Co. have halted plans to invest 50 billion rupees ($756 million) in India because of payments the companies say they are owed by the Tamil Nadu state…

For those on limited budgets, buying a car can be a difficult task. As inflation has ramped up over the past few years, many in Iran have been priced out of the automotive market.

Knowing…

Audi is reportedly in talks to produce a new vehicle locally. The first joint venture vehicle of Audi with IKCO will hit the market in 2017, Eghtesad News reported. IKCO and Audi officials have…

Following the news of a billion dollar loan destined to the country’s carmakers, a manager of the Central Bank of Iran has denied it is in charge of loans.

Seoul has done its best to lay a strong foundation for a prospective increase in trade and investment projects with Iran. It has convinced Tehran about its intention of being a reliable trade…

In the past two years since the government of President Hassan Rouhani took office, 4,301 industrial units have become operational in the industrial parks and zones across the country, creating…

Iran and Pakistan have always enjoyed robust political and economic ties, and considering Iran’s landmark nuclear deal with the P5+1, which will see the lifting of western sanctions, and the…

Tehran International Fairground will hold the 10th International Exhibition of Plastics and Rubber, Machinery and Equipment known as Iran Plast due on April 13-17, 2016.

More than 188,000 tons of goods were supplied on Iran Mercantile Exchange’s various trading floors on Sunday.

Hamedan Province will be connected to the national railroad network as part of the Tehran-Hamedan railway project by the end of the current Iranian year (March 20, 2016), announced President…

To help boost trade, economic and industrial cooperation, a special taskforce will be formed between Iran and Japan. The decision was made in a meeting between Iran’s deputy minister of industries…

The Central Bank of Iran has reported a 10.2% increase in the Producer Price Index in the 12-month period ending August 22, which marks the end of the fifth Iranian month Mordad, compared to the…

During a meeting between Malaysia’s Ambassador to Iran Raja Nushirwan Zain al-Abedin, who was accompanied by a trade delegation, and the head of Tehran’s Chamber of Trade, Industries, Mining and…

Non-oil trade worth $33.8 billion was registered in the first five months of the current Iranian year (March 21-August 22), according to data released by Islamic Republic of Iran Customs…

As Tehran International Fairground prepares to host the 15th Tehran International Industry Exhibition October 5-8, more than 450 Iranian and 200 foreign firms have so far signed up to take part.…

The Ministry of Roads and Urban Development has advised companies shipping to Europe to avoid routes passing through Turkey, in the latest sign of how Iranian transit authorities have become…

Governor of the Central Bank of Iran Valiollah Seif has announced a new shift in lending priorities toward services sector in a move to stimulate sales growth.

Seif, who was addressing a…

Construction activity in Iran has been down for more than two years. The government is looking for solutions to help stimulate both supply and demand sides in the real-estate market and …

Latest figures released by the Central Bank of Iran indicate that foreign currency reserves of banks and credit institutions grew 6.8% in the first quarter of the current fiscal year (started…

The country's second mobile operator, MTN Irancell, has announced that it has expanded 3G and 4G-LTE services to Tehran Subway.

According to the company, three stations in Tehran Subway's…

A new report estimates Apple shipped 3.6 million watches in the last quarter—more than some analysts have estimated and enough to change the competitive landscape for fitness bands and other…