The vice president of the Iranian Fisheries Organization announced the Iranian farmed caviar price at 1,700 euro per kilogram. The main export destinations are Spain and France, and Russia is…
Economy
Iran is ranked as the seventh largest consumer of cosmetics in the world. Iranians’ annual spending on the cosmetics is above $2 billion, accounting for nearly 30% of the $7.2 billion cosmetics…
A study by the parliament’s research center indicates that Iran spends an average of $42 million annually on the import of black fabrics used for chador – a full-body-length semicircle of fabric…
Iran and Turkey stressed the importance of expanding provincial cooperation in a meeting held in Turkey’s south-central Gaziantep Province between Iran’s ambassador to Turkey, Alireza Bigdeli,…
A comprehensive project focused on the fortification and expansion of communication infrastructure networks, named Tavana, has been launched in Iran, Mehr news agency reported on Monday. …
Waiting for mobile OS updates to reach your shiny handset is one of the most frustrating (first world) problems there is, so it's encouraging to hear that Microsoft is planning to take matters out…
A Russian Proton-M rocket carrying a Mexican satellite malfunctioned and crashed in Siberia soon after launch on Saturday, the latest in a series of mishaps for Russia’s space industry, Reuters…
One of Iran's largest startup events is returning the Iranian capital this month with a jam packed agenda according to the organizers. The event run in association with IR Startups, aims to be the…
The deputy governor of the Central Bank of Iran has warned people against depositing in unauthorized financial and credit institutions which are offering high deposit rates, expressing the CBI’s…
Major international banks wary of heavy US penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers told Reuters…
Iran’s blocked funds in India are shy of all the money raised through Iran’s capital markets in the year ending March 21, 2015, highlighting the significance of the frozen funds and assets.
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The former head of the Securities and Exchange Organization of Iran, Ali Salehabadi, and the current CEO of the state-owned Export Development Bank, Mohammad Pourzarandi, were appointed as the two…
The recent decline in gold production has reduced the export level of the precious metal, according to the head of Gold and Jewelry Producers and Exporters Union. “The gold export market is not…
The governor of the Central Bank of Iran (CBI), Valiollah Seif, said a revised list of top bank debtors is being prepared to be sent to the judiciary system.
Seif added that banks have been…
Cooperatives account for 99 percent of agricultural activities, as well as 75 percent of agricultural production, Tasnim news agency quoted CEO of Aquatic Farmers Cooperatives Union, Arsalan…
Following his visit to Iran’s southeastern Chabahar Port and Free Trade Zone, Pakistan’s ambassador in Tehran, Noor-Muhammad Jadmani, invited Iranian officials to visit Pakistan’s Gwadar and…
The long drawn-out construction of Tehran-North Freeway, which started 20 years ago, has turned into a major headache for the government.
The freeway, which is to connect Tehran to the…
The preferential tariff agreement (PTA) signed between Iran and Turkey last year drew severe criticism by Iranian experts, arguing that the decision to reduce import tariffs on Turkish products…
Based on the World Economic Forum’s 2015 report, out of 124 countries across the world, Iran ranks 80 in human capital endowment -- the skills and capacities that reside in people and that are put…
The Tehran Stock Exchange overall index wrapped up weekly trade, which ended May 13, in red territory with almost all indices piling up more losses.
Developing modern financial instruments in Iran Mercantile Exchange (IME) could significantly enhance price transparency and increase competitiveness in the iron ore market, an IME report quoted…
Domestic steel manufacturers have been struggling with the double whammy of reduced global iron ore prices and lower demand in the market, ISNA reported on Saturday.
Iran’s equity market will no longer witness Initial Public Offerings (IPOs) except in accordance with the book building process, which aims to fix the highest market price for shares and…
Deputy minister of industry, mine, and trade Mehdi Karbasian has unveiled ten major projects in the mining and mineral industry, which are scheduled to become operational within the current…
Hormozgan Steel Company’s steel slab manufacturing increased by 10% to 1.17 million metric tons over the past Iranian calendar year (ended March 20) compared with the preceding year; IRNA cited…
