Insurance companies' income from transportation industry saw considerable growth in the last decade despite the challenges and restrictions faced by businesses.

Persian Gulf Petrochemical Industries Company is to set up an investment bank and has issued a subscription notice to sell shares before an initial public offering. Iran Fara Bourse website…

The capital market’s role in the economy declined in the first six months of the current fiscal year (March 21-Sept 22) as the bear market drags on. Data released by the Securities and Exchange…

Egypt's state of emergency will be lifted for the first time in years, President Abdel Fattah al-Sisi said on Monday. Egypt imposed a state of emergency in April 2017 after deadly bombings of…

Iran’s trade with member states of the Economic Cooperation Organization reached 15.31 million tons worth $7.26 billion in the first six months of the current fiscal year (March 21-Sept. 22),…

About 60% of Iran’s manganese resources are located in Qom Province, according to the CEO of Iran Manganese Mines Company. “The province also meets 60% of the country's need for this vital…

IranAir, the country’s flag carrier airline, will launch roundtrip Bandar Abbas-Dubai flights as of Nov. 2.  According to Hossein Jahani, director general of Public Relations Department of…

The new North-South transit route passing through Armenia will be a new development in Iran’s relationship with the neighboring country and Europe, as it will be economical and competitive with…

To strengthen technological ties with regional countries, Iran has launched talks with Uzbekistan about establishing a science and technology center in Tashkent, the country's capital city.

Shiraz Petrochemical Company in the southern Fars Province generated an operating income of $200 million in the first half of the current Iranian year (March 21-Sept. 22), which was 106% more…

Lack of investment has severely impaired the National Iranian Oil Company’s ability to process crude, which explains the firm’s declining refining capacity over the past eight years.

More than $130 million will be allocated to the power and water projects in Ardabil Province within three years to address electricity and water issues in the province, the energy minister said…

Tehran will be the hub of active diplomacy to promote peace and stability in the region through initiatives such as a conference on Afghanistan, a senior Iranian diplomat said.  Foreign…

Iran is expanding its enrichment of uranium beyond the highly enriched threshold of 20% purity at a Natanz plant where it is already enriching to 60%, but the new activity does not involve…

The EU’s top negotiator will meet his counterpart from Tehran this week in Brussels for talks on restarting negotiations over Iran’s nuclear deal, a spokesman for the bloc said. The EU and…

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Iran currently produces close to 250 million pairs of shoes per year, while the production capacity stands at nearly 500 million pairs, according to the head of Iranian Guild Association of…

Tabriz-Ankara flights are scheduled to be launched as of Oct. 31 by Turkish Airlines, according to the director general of East Azarbaijan Airports Organization. “The new flights arrive at…

There is no place for outdated, broken economic goal-setting conducted by governments in today’s world. This was stated by Hossein Haqgou, an economic analyst, in a write-up for the Persian-…

A total of 9.4 million tons of metallic mineral products worth $5.5 billion were exported in the first six months of the current fiscal year (March 21-Sept. 22), registering a 61% and 147% year-…

The Economy Minister Ehsan Khandouzi said manufacturing units unable to repay debts to banks should not be shut. He communicated this in a letter to the Industry Minister Reza Fatemi Amin,…

The government's plan to eliminate forex subsidies will not be implemented this month despite insistence from several quarters.

The Central Bank of Iran in an edict to banks announced caps for working capital loans.

The managing director of the Securities and Exchange Organization Majid Eshqi and CEO of Iran Khodro (IKCO) Farshad Moqimi reviewed plans to end mandatory pricing in the key auto sector. …

Tehran stocks continued on the declining for the third session under growing selling pressure that dominated a broad range of shares on Monday. The main index of Tehran Stock Exchange, TEDPIX,…