Economy

More than 10 tons of frozen red meat were exported from the Kurdistan Province to neighboring countries including Iraqi Kurdistan in the first four months of the current Iranian year (March 21-…

More than $4 million worth of goods were exported via Chabahar FTZ in the first four months of the current Iranian year (started March 21), said the director general of Chabahar Free Trade-…

In a meeting between Iran’s Minister of Agricultural Jihad Mahmoud Hojati and his Iraqi counterpart Fallah Hossein al-Zaidan in Tehran on Tuesday, the two sides inked an agreement to promote…

Azeri Minister of Economic Development Shahin Mustafayev held talks Tuesday with three ministers in addition to President Hassan Rouhani.

In a meeting in Tehran between deputy secretary of Australia’s Department of Foreign Affairs and Trade, Ric Wells and head of the Organization for Investment, Economic and Technical Assistance of…

Iranian authorities have signed a deal with two Italian companies to finance and insure industrial projects. The representative of visiting Italian insurer Servizi Assicurativi del Commercio…

Iranian aviation officials are studying a plan to create a fund to provide loans enabling domestic businesses to purchase planes.

Maqsood As’adi-Samani, secretary of the Iranian Aviation…

Speaker of the Parliament’s Commission of Article 90 (a constitutional article that puts the parliament in charge of investigating complaints made about the operation of the parliament,executive,…

A lawmaker has welcomed the prospect of foreign banks opening branches in Iran but said this would lead to economic prosperity only if it is regulated by proper oversight.  

The housing market is in the middle of one its worst recessions in recent history. The slowdown in home sales that began in 2013 has persisted without respite, prompting some to liken it to a…

Iran has $29 billion of mining investments attracting interest of companies from Europe to Asia, with plans to more than double steel production by 2025 and boost exports once international…

Golgohar Mining and Industrial Company filed 55,000 tons of iron ore with the base price of $37 per ton on Iran Mercantile Exchange’s export trading floor on Wednesday. The company also announced…

More than 450,000 tons of steel ingot were exported by Khuzestan Steel Company in the first four months of the current Iranian year (started March 21), indicating a 215% increase, said the…

Iran’s pharmaceutical industry has been one of the country’s most prosperous sectors over the past years. The sector, accounting for 3.18% of Tehran Stock Exchange’s overall value, is considered…

Tehran Stock Exchange saw fresh fluctuations trade on Wednesday with trade volume and value registering close to 40% and 62% retreat compared with Tuesday.

More than 364 million shares…

Findings of a new public opinion survey conducted on Monday showed that a majority of Iranians prefer German cars, if the country's automakers were to start joint ventures with foreign car-…

This year, the southeastern province of Kerman will be hosting Iran's biggest car race. The event will be held after summer once temperature in the south cools down, said Amin Baqeri, governor of…

Italy is interested in broadening cooperation with Iran's automotive manufacturing industry.

The statement was made by Italy's Economic Development Minister Federica Guidi in Tehran on…

Iran's banking sector will benefit from the relaxation in sanctions, but will remain in a state of near-crisis over the coming quarters, a report has forecast.

Economy Minister Ali Tayyebnia denied the government plays any part in the foreign exchange market on Wednesday.

“The government is not putting any pressure on the foreign exchange market…

The police are set to deal with unauthorized money exchangers in September.

According to Central Bank Governor Valiollah Seif, the district attorney is “pursuing unauthorized bureaux de…

The CEO of a public-sector bank has stricken back at the critics of the banking industry, saying that all lenders should not be “tarred by the same brush.” Abdolnasser Hemmati, CEO of Bank Melli--…

In a meeting with Azerbaijan’s Minister of Economic Development Shahin Mustafayev on Tuesday, President Hassan Rouhani said Iran’s neighbors, including Azerbaijan, have priority over other states…

The British Embassy and trade office in Iran will soon reopen, which will in turn help bilateral trade by $4 billion to $5 billion, said the head of Iranian joint chamber of commerce.

First Vice President Es’haq Jahangiri visited Golestan Province on Tuesday for the inauguration of a railroad linking the northern city of Gorgan with Incheh Borun on the border with…