Economy

The volume of Indian-made engineering goods exported to Iran more than doubled to $516 million, compared to the same period last year, for which the figure stood at $256.Due to western sanctions,…

Iran and Qatar have signed an accord which paves the way for construction of a permanent exhibition site for Iranian goods in Doha, MNA reported on Tuesday.

Iran will receive about $44.1 million of banking facilities from the Economic Cooperation Organization’s Trade and Development Bank (ECO Bank) to put wastewater treatment plants (WTP) of the…

A Mexican trade delegation has signed agreements with Iranian officials to expand bilateral trade ties, the public relations office of Iran’s Chamber of Commerce, Industries and Mines announced…

There is no legal impediment to the transfer of state-owned equities to semi-private companies and the government should seek alternatives for encouraging the private sector to take part in the…

Moallem Insurance Company (MIC) plans to develop its overseas activities, Majid Benvidi, the company’s vice-president said in an interview with IRNA.

Auto makers in Iran made more than 520,000 vehicles including passenger cars, pickups, trucks, minibuses and buses in the first half of the year starting March 21, 2014. The figure shows a 74.3…

Iran and Germany have signed a memorandum of understanding for cooperation in the field of urban development with focus on energy saving. With the completion of Iran-Germany joint research project…

The Central Bank of Iran has announced minor fluctuations in the price of stable food items in the first week of the month of Mehr (September 21-26).

Occupation Cooperative Organization of Academic Graduates (OCOAG) has published a list of different academic field of studies with the most graduates among the unemployed.

Based on the list…

The deputy minister for roads and urban development said four international shipping companies have announced that they will readily send their ships to Shahid Rajaee Port after removal of…

Traders at the Iran Mercantile Exchange (IME) were offered 225,000 tons of different commodities including steel sections, copper, aluminum, polymers, bitumen, and flint corn on Monday.

The Islamic Republic of Iran and the Republic of Ireland have discussed a joint venture to build petrochemical facilities and refineries, said Iranian lawmaker Jalil Jafari, who is also a member…

Stocks at the Tehran Stock Exchange rose on Monday, with the TEDPIX rebounding after posting big losses last week, though stocks are still far from recovering from huge losses recorded in the past…

Mumbai-based pharmaceutical company Cipla has announced that it has signed a new contract with its existing distributor to produce generic drugs in Iran. The Indian firm’s investment of $37…

Liquidity increased to 6,407 trillion rials ($240 billion) in the month of Mordad (ending August 22) from 5,947 trillion rials at the end of last fiscal year (ending March 20), showing a 7.7…

As we continue our series on different free zones around Iran, in this latest installment we will discuss the prospects of Bandar Anzali Trade-Industrial Free Zone located on the northwestern…

The region’s first bulletproof glass factory opened in Iran’s central city of Ardakan, Yazd.

HM Treasury, Britain's economic and finance ministry which maintains control over public spending and set the direction of the country's economic policy, has lifted financial sanctions against…

The Government Trading Corporation of Iran (GTC) has been officially merges with the agriculture ministry, reported Tasnim news agency. The annexation is based on the cabinet’s approval. The GTC…

The Customs Administration has eliminated the export tariff for livestock, reported ISNA. The tariff was formerly 60% of the livestock value, and it last stood at 3.2 million rials ($120) for…

Water quality will be instantly monitored through a comprehensive water quality control system, Kooshyar Azam-Vaghefi, director of water and wastewater supervision department at the National Water…

The High Labor Council is working on a proposal based on which the minimum wage for workers would rise slightly for the second time in a year, a top advisor to Representatives Assembly of Iranian…

Iranian workers have decided to ask the parliament to oblige their employers to deposit wages and benefits into their bank accounts after the Supreme Labor Council and the ministry of cooperatives…

The Tehran Stock Exchange stabilized relatively as the TEDPIX inched out of its downtrend within the past week.

The market’s main indices were mostly in the green as the stock market’s…