Economy

In 138 BC, a Chinese imperial envoy named Zhang Qian set out to traverse the dangerous plains of Central Asia on horseback, ultimately entering the Persian Empire.

Iran's ambassador to Jordan visited the Synchrotron-Light for Experimental Science and Applications in the Middle East Laboratory (SESAME), indicating the country's intention to intensify…

Iran's Internet trends in April have shifted away from the usual staple of home video shows and news events to other national pastimes—like watching football.

In first place through the…

The Eighth International Symposium on Telecommunications (IST 2016) has been scheduled for September 27-29.

Iranian and foreign professors and researchers are expected to attend the event…

The second international and 14th national Genetics Congress of Iran will convene in Tehran on May 21-23 to discuss the industry in light of the current changes in Iran's global standing since the…

Indian Prime Minister Narendra Modi’s visit to Iran in the third week of May is expected to seal much-awaited commercial contracts with Iran.

A 17-member economic and commercial delegation from Poland is scheduled to visit Alborz Province on Monday to survey possibilities of bilateral economic cooperation, according to Masoud Qasemi,…

In Iran, agricultural and industrial production costs are high.

This is mainly due to the high inflation rate, high interest loans, expensive raw materials and low productivity.

What…

A total of 26 Italian textile machinery manufacturers will be taking part in a forthcoming roadshow in Iran organized by the Italian Trade Agency and supported by the Ministry of Economic…

Mazandaran will meet half of the domestic demand for rice based on a plan to increase production by 500,000 tons over the next three years, says the governor general of the northern province, Rabi…

Considerable losses by large-cap banks, petrochemical companies and auto manufacturers dragged Tehran Stock Exchange's benchmark down to a three-month low on Saturday.

Over 60% of listed…

Swiss law firm Python & Peter has launched its office in Tehran, as the country opens for business in the aftermath of the lifting of economic sanctions. The firm was founded in Geneva by four…

Iran has an extensive plan to develop its mines and mineral industries, the head of Iranian Mines and Mining Industries Development and Renovation Organization announced.

The UK government has recently published a set of guidelines on trade and doing business with Iran “to help British businesses take advantage of the opportunities that economic reengagement with…

The lifting of sanctions has breathed life into the commercial vehicle market, with French and German original equipment manufacturers already in talks with local manufacturers to begin the…

The banking reform draft bill which is pending debate in the Majlis requires banks to offer risk-adjusted returns on investment fund deposits, rather than a fixed rate, a new report shows.…

Ending the dual exchange rate regime is a professed priority of the Central Bank of Iran. Ever since the landmark nuclear deal was sealed between Iran and the six world powers, the CBI has often…

European companies are flocking to Iran apparently without their favored lenders at their side. This has added a complicating factor for manufacturers from Airbus Group SE to PSA Group, the maker…

Bank Sarmayeh is planning to expand investment in the sports arena after its affiliated team won Iran’s Volleyball Super League championship title in March. Mohammad Reza Khani, the bank’s CEO,…

Bank Pasargad Iran and South Korea’s Woori Bank agreed to expand correspondent relations to help improve commercial relations between the two countries. BPI and Woori Bank also agreed to start…

West European car sales rose 8% in April, although the sales momentum has slowed, auto industry data provided by LMC Automotive showed on Friday. Monthly car sales rose to 1.21 million vehicles,…

Iran's Industrial Development and Renovation Organization and Germany's Technical Inspection Association (TUV) have signed a memorandum of understanding for checking the quality of Iran-made cars…

Iran Khodro Company has showcased its latest achievements in car production in the third solo exhibition of Iran in Kabul, Afghanistan.

Fiat Chrysler Automobiles next-generation Ram pickup truck will go on sale by January 2018, Chief Executive Officer Sergio Marchionne said on Friday.

 "We will be in market by January…

Skoda said its new large SUV will be called Kodiaq after a bear that lives on an island off Alaska.