Economy

The 13th edition of the International Isfahan Auto Show opens on January 24.  Like previous editions, the four-day expo will bring together leading local auto manufacturers and importers, YJC…

Iranian banking system doled out 3,825 billion rials ($99.77 billion) to various business sectors during the nine months to December 21, marking a 43.5% growth compared with the same period of…

The Central Bank of Iran is required to take measures for regulating the operation of bureaux de change operators by the end of the current Iranian year on March 20, said First Vice President Es’…

In a ceremony held to commemorate the 133rd anniversary of the founding of one the most important private sector establishments in the history of Iran, 23 individuals were awarded the Amin al-…

Azerbaijan and Iran have started discussions on the integration of  the two countries' bank cards systems, local media reported, citing the Central Bank of Azerbaijan.

One of the…

A specialized committee will be established to assist some 560 production units formerly active in the now-leveled Plasco building to get back on their feet by resolving their insurance, banking…

About two months after a bird flu outbreak hit Iran’s poultry farms, the Society of Day-Old Chicken Producers is warning that the situation might lead to a “catastrophe”, urging President Hassan…

Iran’s sugar production is estimated to exceed 1.52 million tons by the end of the current fiscal year (March 20, 2017), an official with the Ministry of Agriculture said.

“Domestic demand…

Steel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries…

Iran Airports Company has delivered free services to the tune of 3.6 trillion rials ($90 million) to military institutions in the last Iranian year (March 2015-16), IAC’s managing director said.…

The mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development and…

Stocks do not have much going for them these days. The uncertain economic outlook and persistent market depression have dented investor confidence.

Experts believe the equity market is…

The Iranian government is moving to replace aging vehicles in its cargo truck fleet to cap fuel consumption and help contain the country's worsening air pollution. 

Institutional investors accounted for the lion’s share of trading at Tehran Stock Exchange during the Iranian month of Dey (December 21-January 19). Their trading comprised 65% and 63% of all…

British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive…

A startup data bank is being finalized with the help of major stakeholders in the startup ecosystem, said the head of Iran's ICT Startups Empowerment and Facilitation Center. 

Iran Post, the state-owned national post office of Iran, has released a new app on cross-device app on the official Windows app store on January 21. The app allows users to track their post on…

Russia is willing to sell Elbrus computer central processor units to Iran, the Minister of Communications and Mass Media Nikolai Nikiforov said in a meeting with Iran’s deputy telecoms minister.…

The average goods and services Consumer Price Index for urban areas increased 6.9% in the 12-month period ending January 19, which marks the end of the Iranian month of Dey, compared with last…

The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.”Empowering a spirit…

The Iranian housing market is on a slow but steady path to escape its lingering recession with as an uptick in housing starts and heralds better days for the key sector. 

Insurance Research Center, a think-tank affiliated with the Central Insurance of Iran, has finalized the draft version of “corporate governance principles” for domestic insurance companies.…

Recent fluctuations in the rial/dollar exchange rate have prompted a lively debate among economists and financial experts in Iran over forecasting currency movements. 

A lot of ink has…

Tehran Stock Exchange’s main index shed 175.60 points or 0.22% to end Saturday trade at 79,206.6.

More than 684 million shares valued at $45.6 million changed hands for the day.

…

Around 2,400 trillion rials ($60 billion at market exchange rate) have been paid as cash subsidies under the so-called "Subsidy Reform Plan" ever since the controversial scheme came into effect in…