Economy

Following private sector pressure and a rise in public demand, import tariffs on laptops will be reduced to 5% in the coming months, the head of Tehran’s Information Technology Union announced.…

Facebook Chief Executive Officer Mark Zuckerberg sold nearly $500 million of the company’s shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative,…

The Light Phone is a cellphone released last year with an interesting premise: strip away all the extraneous, distracting pieces of modern smartphones—like Internet, texting, email and…

The number and value of deals made in the interbank market has increased in the first 10 months of the current fiscal year to Jan. 20, the Central Bank of Iran announced.

The Statistical Center of Iran has released inflation rates for each of the 10 deciles in which Iranian households are categorized on the basis of their income.

Iran-China Business and Investment Forum held in Shanghai on Wednesday was attended by Iranian and Chinese business people, economic players and officials.\ Held at Sheraton Shanghai Hongkou…

After 28 years, direct flights between Tehran and Belgrade will be launched as of early March.

Foreign Minister Mohammad Javad Zarif made the announcement in a joint economic forum…

Head of Abadan Chamber of Commerce Masoud Khayyatzadeh held talks with Emirati private businesses in Dubai on Tuesday to address hurdles facing Iranian exporters to the UAE.

The Banker’s Top 500 Banking Brands for 2018–an annual report ranking the world’s most valuable banking brands–has been released, in which an Iranian bank holds the 166th spot on the influential…

Top representatives of Bank Melli Iran, the country’s biggest bank, and Spain’s Aresbank met on Tuesday to prepare the ground for expanding ties in the near future.

Iran's drive to bolster the role of railroads in domestic transportation made fresh headway, as the Industrial Development and Renovation Organization of Iran and the Swiss company Stadler Rail…

Based on a directive issued by the Ministry of Industries, Mining and Trade, the ministry-affiliated National Trade System announced that as of Wednesday, all traders are prohibited from…

The first official cross-border retail market for local traders opened on the Siran Band-Baneh border in Iran’s western Kurdistan region with the aim of improving the livelihoods of border…

The flawed urban development model adopted in Iran over the years has placed a majority of population in desert areas while nearly two-thirds of the world’s population—almost 3.6 billion people—…

The chain reaction between the anticipated rise in deposit interest rates and the decline in prices of debt securities is in full swing, as highlighted by the issuance of the latest batch of…

Tehran Stock Exchange’s main index lost 139.05 points or 0.14% to end Wednesday trade at 97,961.8.

About 898 million shares valued at $74.43 million changed hands at TSE for the day.…

In an attempt to win a place in the international market, Iran Khodro has exported its first shipment of Dena+ cars to Senegal. IKCO’s locally designed LPG hybrid Dena+ sedan is to be used by…

While a deputy minister of industries says the government’s latest auto import directive stands, the judiciary’s deputy for crime prevention claimed Monday that the government’s noncompliance…

Germany will investigate whether to tighten the rules that govern when an investor needs to disclose a holding in a company after news that China’s Geely purchased a $9 billion stake in Daimler…

As the crackdown on the foreign exchange black market continues, Tehran's prosecutor announced on Tuesday that so far 1,300 bank accounts belonging to unregulated currency traders have been…

All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September, the head of…

As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with…

A total of 302,511 gold coins were pre-purchased by applicants, according to Bank Melli, the lender in charge of implementing the Central Bank of Iran’s initiative to hold gold coin presale to…

Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad said on Monday.

“The IME also plans to…

Qeshm Cement Company has readied a 40,000-ton batch of clinker for export to India, announced Hormoz Amiri, an official with Qeshm Free Zone Organization.

“Qeshm Cement Company’s clinker…