Economy

Coal concentrate output in Tabas Parvadeh Coal Company is set to reach two million tons per annum from the current 750,000 tons as part of a five-year development plan, said the manager of the…

Official data show that the mining sector with 9.8% growth was the best performing sector last Iranian year (ended March 20).

Data provided by the Ministry of Industries, Mining and Trade…

Since the start of nuclear negotiations with Iran, France has been seen as taking the toughest stand. Now as a deal nears, Paris must be ready to dash in and grab a slice of the long untapped…

LED or Light Emitting Diode lighting technology has gained much attention in the past years for its distinct advantages over traditional lighting systems. With growing concerns over global warming…

Following the announcement of new instruments debuting at the equity market, the Securities and Exchange Organization is slated to offer the upcoming Initial Public Offerings through the process…

With the Iranian housing market having been in recession for two full years, new data show that housing deals are getting less affordable for people living in Tehran.

Economists and financial analysts have reacted positively to President Hassan Rouhani’s recent directive, calling for comprehensive reforms in the country’s financial and banking systems. The…

C reating a bourse for trading foreign currencies is the talk of the town these days. Pundits argue that such an exchange would bring about transparency, but there are critics who say such an…

A parliamentarian has criticized the central bank for failing to take disciplinary measures against banks and credit institutions that violate interest rate regulations, IRNA reported. Arsalan…

Tehran Stock Exchange investors opted to brush aside John Kerry’s hawkish statements on Sunday, and shored up their portfolios, which helped TEDPIX to gain 239.8 points or 0.36 percent to close at…

The National Steel Atlas has been unveiled in a ceremony attended by deputy minister of industries, mining and trade, Mehdi Karbasian. The book, compiled by the ministry in collaboration with the…

The Capital Market Development Fund, as the most precious mutual fund in terms of resources, has always been assigned with the task of supporting stock markets and safeguarding investors.

Market officials have reiterated support for a plan to privatize cooperatives and allow their shares to be traded in the stock market.      

Bahman Abdollahi, head of…

The Central Bank of Iran is holding negotiations with China to attract $2 billion investment for construction of Tehran-Mashhad electric train project, according to deputy minister of roads and…

Reaching a deal on the Iranian nuclear program will open new horizons for the cooperation between the European Union and Tehran, Austrian Foreign Minister Sebastian Kurz said on Sunday. The deal…

More than 810 tons of agricultural products worth $5.4 million were exported via Lorestan Province in the first quarter of the current Iranian year (started March 21), which indicates a 122%…

Martin Herrenknecht, founder of a company in southern Germany that is a world leader in tunnel-boring equipment, has been carefully preparing for the day when Iran reopens for business.

Tehran International Permanent Fairground will play host to the 23rd Tehran International Tile, Ceramic and Sanitaryware Exhibition ‘Cerafair 2015’.

Thirty Iranian companies are set to hold an exclusive exhibition titled Iran Expo 2015 in Aktau Port, Kazakhstan July 22-24, announced governor of Mazandaran Province, Rabi Fallah.

The new Fiat 500 has had an upgrade. The biggest updates that Fiat has grafted into its diminutive 500 hatchback are under the skin and inside its interior.

The hydrogen fuel cell-powered Toyota Mirai is the only zero emissions car one can buy that can go more than 480 km without refueling.

Success can breed jealousy, and unfortunately for Skoda, Volkswagen Group’s Czech subsidiary, business is booming. Meanwhile, Skoda’s far larger and better-known sibling, the VW brand, struggles…

Deputy Governor of the Central Bank of Iran Akbar Komijani has announced imminent changes in the makeup and decision-making process of the bank’s Fiqh (Jurisprudence) Council.

Noor credit institution received its operating permit from the Central Bank of Iran on Sunday, joining the list of financial institutions that are regulated. It was one of many lenders who refused…

The central bank will unify Iran's foreign exchange rate regime in five to six months after the nuclear deal, said the bank's governor on Sunday.

"The best time for unifying the foreign…