Economy

Global slab markets could see further downward pricing pressure, if plans to build a plant for slab production in Iran come to fruition.

Companies from Iran and Austria will collaborate to…

Some 189,400 tons of textile products worth more than $1.13 billion were exported in the last Iranian year that ended March 20, 2017, registering an 8.1% rise in weight and a 1.7% decrease in…

Around 130 hectares of farms will, for the first time, go under the cultivation of cotton seedlings in Iran in the current Iranian year (started March 21).

According to Deputy Agriculture…

Chicken exports to Iraq and Afghanistan were resumed two weeks ago and at present between 4,000 and 6,000 tons of the product are exported every month, the head of Broiler Breeders Union said.…

For more transparency on the tax paid by football players, the Tax Administration of Tehran Province has tasked Iran Football League Organization to post all contracts on its website, director of…

The office for a working group tasked with following up the South-West Transport Corridor will be established in Tehran, an official with the Islamic Republic of Iran Railways said.

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Iran Mercantile Exchange has begun listing livestock for exports. Fifty Holstein cattle offered by Iran’s capital market’s largest brokerage, Bank Keshavarzi Securities Company, were traded at IME…

Tehran Stock Exchange’s primary index TEDPIX gained 1,506.2 points or 1.95% during the first quarter of the current Iranian year (March 21-June 21) to end at 78,736.2. The over-the-counter Iran…

A close study of latest data released by the Ministry of Industries, Mining and Trade on the production of 55 selected industrial, mineral and petrochemical products during the two months ending…

Tehran Stock Exchange’s main index lost 83.50 points or 0.11% to end Saturday trade at 78,652.7.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About…

Oil Minister Bijan Namdar Zanganeh said Iran aims to increase crude oil production by around 200,000 barrels a day before the fiscal year is out in March 2018.

"Iran's oil output will reach…

Iran’s Ministry of Industries, Mining and Trade has said it expects local carmakers to boost exports tenfold during the current fiscal that started in March. The second edition of the ministry’s…

Iran Khodro Company, the largest automaker in Iran, has started the presale of its new Peugeot 2008 crossover without announcing the final price.

IKCO is now taking 600 million rials ($16,…

Peugeot has released images of its soon-to-be introduced pickup truck it intends to sell in Sub Saharan Africa market.

Sub Sahara Africa is a becoming a hot market for rough-and-ready…

Major new agreements between Iranian airlines and rival plane manufacturers Boeing and Airbus were unveiled over the weekend, based on which Iranian carriers are to buy a total of 83 passenger…

The Financial Action Task Force has decided to continue the suspension of counter-measures against Iran, “in light of Iran’s demonstration of its political commitment and the…

Ahead of a highly-anticipated decision by the Financial Action Task Force regarding Iran, support for the country is growing even as the US is wielding its influence to reinstate countermeasures…

The unification of foreign exchange rates should be accompanied by setting real exchange rates, otherwise the plan will fail as in the past, the head of Iran Export Confederation said. …

Tejarat Bank ranks first in adhering to transparency standards, according to data released by Majlis Research Center, the bank’s chairman announced.

The housing sector has entered its "first phase of recovery" and is on the threshold of a pre-boom trajectory that should eventually lead to an upturn, according to a leading real estate expert.…

A total of 5,000 tons of sesame seeds worth close to 216.5 billion rials (nearly $5.8 million) were imported during the first month of the current Iranian year (started March 21), according to…

Exports to Kenya and Tunisia increased by 18% and 22% respectively in the last Iranian year (ended March 20, 2017) compared with the year before, Trade Promotion Organization of Iran announced.…

Iran is shipping 1,100 tons of fruits and vegetables to Qatar every day after Persian Gulf countries led by Saudi Arabia cut relations with Doha.

Saudi Arabia, the UAE, Bahrain and Egypt…

The goods and services Consumer Price Index for urban areas increased 7.4% in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, compared with last year’s…

Close to 290,000 tons of bitumen worth 1.76 trillion rials ($47.08 million) were exported from Iran in the first month of the current Iranian year (March 21-April 20), the Islamic Republic of Iran…