Close to 44,000 tons of fresh tea leaves worth 1.03 trillion rials ($27.57 million) have been purchased from farmers in the first tea harvest in Gilan and Mazandaran provinces, the head of Iran…
Economy
Wheat production is estimated to decrease by 6-7% in the current Iranian year that started on March 21, the head of Plant Protection Organization of Iran said.
“This will be a result of the…
The key Iranian port of Chabahar where India has a key stake is not only being expanded as a gateway to Afghanistan but also being considered as an entry point to Central Asia following President…
A commercial delegation from Alborz Province’s Chamber of Commerce, Industries, Mines and Agriculture is scheduled to visit Poland, Estonia and Germany from June 25 to July 1, the province’s…
A meeting of Iran-Malaysia Economic Cooperation Commission was held in Tehran on June 6-7 after a 10-year hiatus. A document was signed at the end of the meeting by Malaysian Minister of…
Iran Air CEO Farhad Parvaresh has been appointed as a member of the board of governors at the International Air Transport Association. This is the first time an Iranian official has been acceded…
Heads of Georgian, Iranian and Azerbaijani railroads have discussed the issue of launching the new South-West Transport Corridor where Georgia will play a vital transit role connecting Persian…
Offering SAIPA’s Kia Cerato on Iran Mercantile Exchange is the first step toward breaking the auto market monopoly in Iran, the chairman of Majlis Economic Commission said.
“This will bring…
Tehran Stock Exchange’s main index lost 755 points or 0.9% during the week that ended June 7 to close at 79,758.
The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX, also shed 15…
The government is thinking of splitting up three ministries.
The pursuit of transition to a knowledge economy in the context of low foreign direct investment is one of the main challenges facing President Hassan Rouhani since his reelection on May 19, 2017…
Iran’s biggest holding in the mining sector, the state-owned Iranian Mines and Mining Industries Development and Renovation Organization has received ISO 9001:2008 from the Germany-based DQS…
Minister of Telecommunications and Information Technology Mahmoud Vaezi says the ministry has come to an understanding over banning controversial content with managers of Telegram Messenger, the…
Mobile Virtual Network Operator ApTel, owned by the telecoms company NeginTel, has started sale of SIM cards in Iran. It is one of the first companies among more than 20 firms which had announced…
Chinese authorities say they have uncovered a massive underground operation involving the sale of Apple users’ personal data.
Twenty-two people have been detained on suspicion of infringing…
The third largest mobile operator and the country’s first 3G network, RighTel, said Wednesday it has come up with new packages for those who use its services while travelling.
The company…
Domestic production in Iran is highly subsidized by the state, which is borne out by the fact that the country is not a member of World Trade Organization and the significantly high tariffs it…
Parliament Speaker Ali Larijani has called on Majlis Article 90 Commission, which handles complaints, to follow up the case of two credit institutions.
Larijani ordered a probe into…
A Central Bank of Iran official has denied any downside resulting from the country's decision to ditch the US dollar in its official statements, saying the minor role of the greenback in Iran's…
The difficulty in transferring foreign exchange belonging to Iranian petrochemical companies from China has nothing to do with banking problems, the Central Bank of Ira’s governor said. “…
Iranians are the second biggest consumers of bread in the world with a per capita of 160 kilograms per person, which is six times higher than the global average.
Outdated retail shops and basic foods such as rice, milk, cheese and edible oil remind most Iranians of cooperatives, since these foods were distributed in the market through cooperatives retail…
The Sixth International Exhibition of Pipes, Fittings, Machinery, Equipment, Valves, Filters and Pumps is scheduled to be held from July 4 to 7 at Shahr-e-Aftab (Sun City) Exhibition Complex in…
The Ministry of Industries, Mining and Trade is planning to send a trade delegation to conduct a market survey in Qatar, amid the recent rift between Doha and four Arab states, namely Saudi Arabia…
About $512 million worth of seafood and seafood products were exported in the last Iranian year that ended on March 20, the head of Iran Fisheries Organization said. “Close to $412 million worth…
