Economy

Iran is ready to allocate a credit line amounting to $3 billion to Iraq for rebuilding the war-ravaged areas of the neighboring country, Iran's first vice president has announced.

 An Indian bank has received the authorization of the Reserve Bank of India–the country’ central banking institution–to invest in Iran in rupees as part of the initiative by the Asian…

President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures…

Iran’s insurance industry has so far paid out about 1.1 trillion rials ($24.55 million) in claims resulting from the 7.2 magnitude earthquake that shook the western province of Kermanshah and…

Moved by the industrial climate and opportunities available in Odisha, Iran has evinced interest in investing in the Indian state.

Iran’s economic and investment opportunities were surveyed at a forum held in the Italian capital Rome on Wednesday.

Italian investors, bank managers, legal experts and businesspeople,…

Iran’s flag carrier airline, Iran Air, has kicked off a drive to attract more female pilots.

More than 2.66 million tons of oil and non-oil products were loaded and unloaded in Kish Port in southern Iran during the 11 months to Feb. 19, registering a 46% increase compared with the…

A joint business forum between traders of Iran and Turkmenistan is scheduled to be held concurrent with President Hassan Rouhani’s visit to Ashgabat from March 26 to 29, the news portal of Iran…

Social welfare, employment and production, and education are the top three expenditures in the government’s budget for the upcoming fiscal year (starting March 21), said the head of Planning and…

An official with the Ministry of Cooperatives, Labor and Social Welfare said workplace accidents in Iran have claimed the lives of 790 people so far in the current fiscal year (March 2017-18). “…

The spell is finally broken, as Iranian Privatization Organization has sold two controlling stakes in Esfahan Steel Company and Iran Aluminum Company following several unsuccessful attempts.…

Bears are dominating the equity market in the dying days of winter. 

One could argue that it’s always like this, as the fiscal year draws to a close, but this year has been more…

Iranian President Hassan Rouhani’s recent visit to India made news for all the right reasons.

The Feb. 15-17 tour, his first state visit to India, revolved around furthering economic…

Deutsche Messe brings its woodworking industry expertise to Iran.

MEDEX–the international trade fair for woodworking and wood processing, materials, accessories, furniture and laminate…

A new feature designed to assist the visually impaired people has been added to Kish Iran Credit Card Corporation’s e-wallet application. The mobile payment app, which is named ‘PUT’, utilizes…

Supported by the Vice Presidential Office for Science and Technology, Iranian firms active in the fields of information technology and digital media are to hold an exhibition at Yerevan’s Expo…

Internet tariffs are not to be increased during the next fiscal year that starts in March, Iran’s Minister of Communications and Information Technology announced on the sidelines of a Cabinet…

Telecommunications Company of Iran has signed two agreements with local Internet service providers Mabna Telecom and AsiaTech, based on which the state-owned company will share its networks with…

More blue checkmarks are coming. Twitter CEO Jack Dorsey said in a livestream Thursday that the company plans to offer its blue-check-mark verification badge to more of its users, an oft-…

Ayandeh Bank, Iran’s private lender that has been hailed both locally and internationally, is currently financing the construction of Iran Mall, an ambitious project based in Tehran.

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Head of the Planning and Housing Economy Office at the Ministry of Roads and Housing Development discussed the short- and long-term impacts of the recent foreign exchange market volatility on…

The Central Bank of Iran has called on the banking system to enforce anti-money laundering and combating the financing of terrorism measures by establishing strong compliance departments. …

Members of Iran’s Parliament ratified a number of financial measures relating to bonds, finance and loans among other things during their latest open session on Tuesday to discuss the fiscal…

Iran’s cyberspace police have become the latest authority to discuss virtual currencies, with its deputy for technical affairs announcing that the fate of digital currencies is on their agenda…