Cultivation of ornamental flowers in open fields is a popular agricultural venture in many parts of the world due to the relatively lower costs compared with indoor flower farming.
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The Ministry of Industries, Mining and Trade has reduced mining royalties on iron ore mines by 70% depending on the condition of mines.
EconomyThe equity market’s most systematic risk is retreating as Iran and P5+1 clinched a landmark nuclear deal on Tuesday.
The breakthrough caps more than a decade of on-off negotiations with an…
EconomyThe recent wide fluctuations of saffron prices have confused both the domestic consumers and traders. The main culprits of such fluctuations are profiteers who try to paint a gloomy picture of…
EconomyFollowing the liberalization of chicken exports, red meat, too, can be exported with no permit requirement from the Ministry of Agriculture until further notice, according to deputy minister of…
EconomyMore than 3.37 million tons of non-oil goods crossed the country’s borders in the first quarter of the current Iranian year (started March 21), said the director general of Transit and…
EconomyHead of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari, predicted a maximum economic growth of 0.6% in the current Iranian year (started March 21), noting that many…
EconomyExpansion of trade ties with neighboring countries has long been one of the priorities of Trade Promotion Organization of Iran.
The country has fared well in creating trade relations with…
EconomyVegetable oil prices are to increase 6% after two years of price stability, said the Secretary of Association of Vegetable Oil Producers. “Vegetable oil prices will increase based on a new…
EconomyThe number of trade delegations visiting Iran in the first quarter of the current Iranian year (started March 21) increased by 133% compared to the same period of last year, said Vice President of…
Economy- The latest rumors about the upcoming high-end Microsoft Lumia 940 and Microsoft Lumia 940 XL models come from a Dutch website. According to speculation, both models will feature a polycarbonate…Economy
Researchers at a research center affiliated to the University of Social Welfare and Rehabilitation Center have developed a prosthetic hand moved by brain waves and commands.
Farhad…
EconomySamsung Display Inc. is planning to develop the world’s first 11K super-resolution display by working together with industry and education.
The South Korean government is also joining with…
EconomyThe US dollar fell against the rial on Monday, registering the third consecutive retreat this week, as Iran and the six world powers got closer to clinching a historic nuclear deal that would…
EconomyAs the Money and Credit Council plans to discuss the idea of decreasing the reserve requirement ratio in a meeting this week, the debate among experts about the effectiveness of the policy on the…
EconomyDespite their bad rap as companies without monetary discipline, credit and financial institutions are seeing a surge in popularity. According to a report by Akhbar Bank news website, the wave of…
EconomySaman Bank will convene its general shareholders’ meeting on July 15, Iranian Banker news website reported on Monday.
The bank’s shares have dropped 6% during the past year, as it had to…
EconomyIranian Free Trade Zones have been frequented by a number of ambassadors and representatives from Germany, Canada, China, South Korea, Japan and even countries from Central Asia since the April 2…
EconomyAfter decades of toying with the idea of relocating Iran’s political and bureaucratic capital Tehran in view of its many problems, including high traffic congestion and population density, heavy…
EconomyAngouran Lead and Zinc Complex, the largest zinc and lead reserves in the country, is expected to become depleted within the next 12 years, according to the mine’s officials.
EconomySavvy investors lined up to grab devalued shares and snap up bargains as TEDPIX surged 1,548.1 points or 2.29% to settle at 69,194.5 on Monday amid dovish signals from nuclear talks between Iran…
EconomyIran Mercantile Exchange featured various steel products, aluminum and zinc for potential customers in the spot market on Monday. As IME reported, the industrial and mining trading floor played…
EconomyHotels in central Tehran have been booked out over the past few months by a steady influx of international business executives visiting Iran’s capital, despite negotiators constantly extending a…
EconomyIran is ready to strengthen economic ties with Algeria in light of favorable political relations between the two countries, said Minister of Roads and Urban Development Abbas Akhoundi in a meeting…
EconomyDeputy Minister of cooperatives, labor and social welfare, Koroush Parand, in a meeting with the Brazilian ambassador to Iran called for a memorandum of understanding on technical and vocational…
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