Economy

Nissan, Renault and Mitsubishi are working on a new platform, which will be used for their electric vehicles soon, reports Nikkei.

The US dollar was exchanged for 39,450 rials in Tehran’s market on Sunday, slightly up from the previous day’s close, according to the Association of Bureaux de Change Operators of Iran…

The plan to prepare the ground for Iranian bank cards to be used in other countries will be implemented at the beginning of the next fiscal year in March, announced the deputy for innovative…

It is not possible to pressure banks into lowering the rate of return on their investment funds, as the sector is not prepared for such measures, an official of the Monetary and Banking Institute…

The Central Bank of Iran's plan to overhaul its financial oversight regime will increase the effectiveness of supervision over banks and provides the infrastructure for the complete implementation…

The revised version of Banking Reform Bill will be presented to top clerics–known as  Marja’ or sources of emulation–ahead of being put to a final vote in the parliament, announced the head…

The parliament reached consensus on the outlines of the Sixth Five-Year Economic Development Plan (2016-21) on Sunday.

The five-year economic development plans are medium-term roadmaps…

Around 64.3 million tons of goods were loaded and unloaded in Hormozgan’s ports during the eight months to November 20, registering an 11% rise compared with last year’s corresponding period,…

The deal with French plane manufacturer Airbus for purchasing more than 100 jets will be finalized by Friday, Minister of Roads and Urban Development Abbas Akhoundi said. “The number of planes and…

Iran exported 615,500 tons of non-oil goods worth $355.1 million to Italy during the eight months ending November 20, registering a 12% decline in value compared with last year’s corresponding…

The Iranian Red Crescent Society considers the increase in budget allocated to the organization for the upcoming fiscal year (2017-18) as meager and insufficient.

The government has…

Stock options were unveiled for the first time on Tehran Stock Exchange on Sunday.

Options are contracts that allow you to buy the right to sell or buy a security or a commodity at a future…

Opponents of the nuclear deal, formally known as Joint Comprehensive Plan of Action, often claim that it has not borne any economic fruit for Iran.

Tehran Stock Exchange’s main index gained 25.40 points or 0.03% to end Sunday trade at 80,709.

Over 665 million shares valued at $40.1 million changed hands for the day.

Pars Tile…

Roads and Urban Development Minister Abbas Akhoundi questioned the fairness of Iran state TV coverage of Wednesday’s open session of the parliament in a letter to the director general of the…

Iran possesses one of the most untapped yet most important mineral resources of the world.

The country is home to 7% of global mineral reserves, encompassing some 68 minerals and more than…

The Securities and Exchange Organization has filed a lawsuit against Electricity Meter Manufacturing Company, known as SKI, for “refraining from disclosing critical information to the SEO” and…

Researchers at Iran’s Amir Kabir University have developed a “brain stimulator” or trans-cranial direct current stimulation (tDCS) which can be used in treating Parkinson’s patients, Mehr News…

A survey conducted by Iran’s Communications and Information Technology News Agency (CITNA) on how people in November/December 2016 source their news content in Iran marks a worrying era for the…

The University of California, Berkeley’s network of smartphone earthquake detectors has recorded nearly 400 earthquakes since the MyShake app was made available for download in February, Eureka…

The US Treasury Department’s Office of Foreign Assets Control on Thursday revised its Frequently Asked Questions guidance that concerns the reimposition of sanctions in the event of a…

The US dollar was sold for 39,540 rials on Thursday, resuming the rally that had gripped the market after Donald Trump’s election victory last month.  

The council of the Islamic Financial Services Board (IFSB) announced the appointment of the Central Bank of Iran’s governor as its chairman for 2017.

Iranian banks have started talks with Tehran Stock Exchange to resume the trading of their stocks hit with a multiple-month suspension, the deputy head of Bank Mellat said.

Export Development Bank of Iran and Indonesia’s Eximbank signed an agreement to expand collaborations, on the sidelines of Indonesian President Joko Widodo’s visit to Tehran on Wednesday.