Economy

After an eight-month delay, the annual meeting of the Central Bank of Iran will be held in a week.

The 56th annual meeting will convene on March 1 at the CBI headquarters with President…

A lawmaker has criticized automakers for offering high interests on their pre-sale contracts, saying that the gaping difference between auto contracts’ interests and banks’ deposit rates has…

After negotiations between the officials of Iranian and Malaysian central banks, the two countries agreed to integrate their bank card systems and discussed conducting business in local currencies…

Iran exported 10 million tons of cargo by rail during the 11 months to February 18, 2017, registering a 55% upsurge compared with last year’s corresponding period, the director of Transit…

Close to $7 billion worth of foreign apparel and shoes are bought in Iran every year, about $3 billion to $4 billion (almost 50%) of which are contraband, the chairman of the Association of Iran…

The average goods and services Consumer Price Index for urban areas in the 12 months ending February 18, which marks the end of the Iranian month of Bahman, reached 8.7% compared with last year’s…

Azerbaijan’s Minister of Economy Shahin Mustafayev entered Ardebil Province in northwest Iran on Wednesday to take part in a business forum.

Heading a 50-member economic delegation, the…

The budget for the upcoming Iranian year (starting March 20, 2017) stipulates that the government will earn 1.13 quadrillion rials ($29.89 billion) from taxation–21% more than what is expected…

New Zealand’s Primary Industries Minister departed for Iran on Friday on a trip to build closer trading relationships.

Iran’s exclusive exhibition, where more than 60 Iranian companies are showcasing their products, opened on Friday in Karachi, the largest and most populous city in Pakistan. Companies active in a…

Over 1.7 billion tons of mineral reserves have been discovered so far this year, the head of mineral explorations at the Ministry of Industries, Mining and Trade said.

The current Iranian…

The government plans to issue 85 trillion rials ($2.23 billion) of Islamic Treasury Bonds in the near future to fund incomplete projects across the country, the chairman of Iran Planning and…

Tehran Stock Exchange’s main index gained 658 points or 0.9% for the week that ended February 22 to close at 77,847.2.

Iranian weekdays start Saturday and end on Friday. Tehran’s stock…

Russia’s co-chair of the Russian-Iranian intergovernmental commission on trade and economic cooperation announced on Wednesday that Iran has expressed interest in purchasing 12 Russian Sukhoi…

The former capital city of Isfahan will host the 35th International Association of Science Parks (IASP) World Conference in 2018.

Astronomers have found at least seven Earth-sized planets orbiting the same star 40 light-years away, according to a study published Wednesday in the journal Nature. The findings were also…

Microsoft CEO Satya Nadella held a press conference in Mumbai on February 23, where he announced a new version of Skype for emerging markets. 

Called Skype Lite, initially launched in…

Tech giant Samsung Electronics Co Ltd said on Friday it will not be able to nominate a new outside director for a vote in the annual shareholder meeting set for March 24 due to uncertainty…

The parliament has approved a measure on Tuesday to increase the ceiling for using foreign investments in projects, setting the borrowing limit at $50 billion in addition to what is left from…

Iran is determined to quit the blacklist of high-risk countries of the Financial Action Task Force, according to the deputy economy minister for banking and insurance who blamed the country's…

The Central Bank of Iran considers merger as a solution for low-profit banks, “but it will be used only when other options fail to solve the problem”, said the director of CBI’s Office for…

Iranian bank lending portfolio has doubled over the past four years. 

According to the latest report published on CBI’s official website, the total amount of loans in 2012 stood at 1,…

Iran’s commercial attache in Russia has listed the names of five Russian banks that can be trusted by Iranian businesspeople. "Apart from Mir Business Bank, which is owned by Bank Melli Iran,…

Iran has confirmed plans to purchase 12 Superjet-100 Russian aircraft in the near future.

Russian Energy Minister Alexander Novak made the announcement in an interview with Rossiya 24 TV…

Imports of different kinds of feeds for livestock, poultry and fish declined by 13% during the 11 months to February 18 compared with the corresponding period of last year to reach close to 8.4…