Economy

The overall export price index fell by 5% in the third month of the current Iranian year (started March 21) compared to one month earlier, according to the Central Bank of Iran.The overall index…

About $60 million worth of agricultural products were exported through East Azarbaijan Province during the first quarter of the current Iranian year (started March 21), Mehr News Agency quoted…

About 9,000 tons of shrimps will be caught in the current Iranian year (started March 21), predicted an official with Iran Fisheries Organization.”The shrimp fishing season will begin in the…

An Iranian car buff in the northeastern city of Mashhad has unveiled his own version of a Lamborghini, the 1/100 scale replica is a fully working vehicle modeled off the Italian classic. The…

Renault has come under pressure by Iran's leading carmakers Saipa and Iran Khodro, with both companies putting forth their own set of demands for extending cooperation.

The snapshots of a mountainous US vista that GMC presented to select Instagram users in a recent campaign would fit nicely in a high-brow magazine.

The mountains are accented by thick…

More than 200,000 tons of commodities were offered on Iran Mercantile Exchange’s trading floors on Sunday.

The producers of concrete and metal building products are operating at only 30% of their capacities, while 10% have been forced to close down in the last Iranian year (ended March 20), according…

It is widely known that mechanization or utilization of agricultural machinery and tools can dramatically improve productivity in the agriculture sector and set the stage for competitive…

According to the Ministry of Industries, Mining and Trade, Iran has more than 82,000 small-and medium-sized enterprises. According to the ministry, an SME is defined as an entity with less than…

The governor of the city of Bam in Kerman Province has proposed the establishment of a bourse for trading dates to help farmers market and sell their products better. “Bam is one of the leading…

More than 148,000 tons of goods worth $77 million were exported through Golestan Province during the first quarter of the current Iranian year (started March 21), which indicates an 80% increase…

Western planemakers look set to reap billions of dollars in deals with Iran, if a nuclear deal is reached to allow one of the world’s most promising aviation markets to come out of quarantine.

Water-intensive farming in light of dwindling underground water resources is not economically feasible, a local agro-economist said, as reported by Eghtesad News. “Exporting water-intensive crops…

A lawmaker has opposed the proposal to establish a real-estate bourse in Iran, saying it would further destabilize the already sluggish housing market.

Ebrahim Nekoo, who serves on the…

Bank Saderat has opened a 662.93 trillion-rial ($20.3 billion at market exchange rate) credit line to finance six national development projects.

The final draft of a bill that seeks to reform the banking system will be given to the Cabinet for review soon.

The bill was drafted by the Ministry of Economic Affairs and Finance and the…

Non-performing loans, mammoth government debt to banks and capital assets of banks locked up in non-banking ventures are but a few reasons for Iranian banks to resort to lending from the Central…

Since September 2014 when the first construction fund, called Nasim, was established in Tehran, shareholders have achieved 9.3% in dividend growth, Donya-e-Eqtesad reported on Sunday.

Gartner Technology, a US-based research company, has reported their worldwide PC shipment numbers. According to the company, PC shipments totaled 68.4 million units in the second quarter of 2015,…

A research group at Canada's McGill University is using black phosphorus to present new generation of tiny transistors. The new study led by Dr. Thomas Szkopek and conducted by Iranian scientist…

The past three months have redefined the education technology market among startup companies. Concerns about free content from YouTube and educational nonprofits, as well as user engagement and…

The implementation of Resistance Economy—a set of guidelines advocated by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to decrease the country’s reliance on oil exports—will…

Iranian workers are awaiting a decision by the government to increase housing allowance as part of their monthly salary.

“The proposal to raise the allowance has been sent to the Cabinet…

A s the Greek debt crisis reaches a crescendo, questions remain as to how the country found itself in its current dilemma.