Economy

A research and development center specialized in transportation and traffic has opened in the southern city of Shiraz on Saturday. The need for a center focused on transportation issues in the…

Norwegian economist, Erik Steenfeldt Reinert, is not only well known in his home country for introducing controversial ideas on the theory of uneven development, he has also been widely noticed…

A shatterproof glass production unit was inaugurated in Shokouhieh Industrial Park in Qom Province by Parliament Speaker Ali Larijani on Wednesday in the presence of the Director of Qom Industrial…

Tehran Stock Exchange’s overall index retreated 1,012 points or 1.5% during the week that ended August 26 amid the bearish sentiment prevailing in the equity market.

According to TSE data,…

The decks have been cleared for India to lease and develop the strategically important Iranian port of Chabahar. This will provide an alternative route for India to trade with Afghanistan and…

The reintegration of Iran in the world economy represents a critical opportunity for the strengthening of strategic ties between the Islamic Republic and the People’s Republic of China.

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Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of continuous endeavor to provide world class services through the latest technology and innovation, has upgraded its core…

Central Insurance of Iran–the main insurance regulatory body—says its biggest concern would be to ensure the financial health of insurance companies and ascertain their ability to compensate their…

Minister of Economic Affairs and Finance Ali Tayyebnia expressed hope that injection of new cash into the banking system in the coming fiscal year (starting March 21, 1016) will help solve the…

A number of foreign investors, who have visited Aras Free Trade Zone in northwestern Iran, have voiced readiness for investment in the area, a senior trade official announced on Friday. Over 26…

Minister of Cooperatives, Labor and Social Welfare, Ali Rabiei says the positive economic growth experienced over the past one year has failed to lead to job creation.

The Czech Foreign Minister Lubomir Zaoralek will visit Iran on September 4-7 “to revive bilateral relations in the political and economic spheres, after years of stagnation,” the central European…

In a bid to reduce water consumption and boost the production of oily seeds and fodder, the government will soon implement the so-called ‘Beyond Border Farming’ program in three countries namely…

One of the key indicators of industrial development in a country is the degree to which high value added is obtained through domestic industries. In recent years, Iran’s industrial sector has…

More than 18,000 tons of seafood worth about $60 million were exported in the first four months of the current Iranian year (started March 21), indicating an 18% increase in terms of weight and 10…

Some 97,000 tons of industrial products valued at $8 million were exported from North Khorasan Province during the first four months of the current Iranian year (started March 21), indicating an…

Construction of the country’s first international exhibition town was launched in Isfahan on Thursday in the presence of Foreign Minister Mohammad Javad Zarif and Isfahan Provincial Governor…

An Iranian delegation, headed by Iranian Vice President for Science and Technology Sorena Sattari, visited Moscow to explore opportunities for cooperation in the fields of aerospace, biotechnology…

Iran’s satellite hub project dubbed "Homa" was inaugurated in Mashhad by the governor of Khorasan Razavi Province.

Minister of Communications and Information Technology Mahmoud Vaezi…

MTN-Irancell announced it is to offer Iranian Hajj pilgrims heading to Mecca free mobile Internet access as well as discount calls. According to a company press release, users will not be charged…

Samsung is set to officially launch the Galaxy Note 5 and Galaxy S6 Edge+ in Tehran on Sunday. The two models released internationally earlier in August will be unveiled in the capital's Milad…

The Central Bank of Iran on Wednesday unveiled a redesigned 500,000-rial Iran Check on the occasion of the birth anniversary of Imam Reza, the eighth Shiite Imam.

The check originally…

Goods and services Consumer Price Index for urban areas increased 15.4% in the 12-month period ending August 22, which marks the end of the fifth month of the Iranian year Mordad, compared to the…

Fixed-income securities, which play a key role in capital markets worldwide, are an essential means for financing businesses. In Iran’s capital market, Islamic securities known as sukuk, with…

As the country prepares for the post-sanctions era, the Ministry of Industries, Mining and Trade recently highlighted its main strategies for attracting foreign investments in the manufacturing…