Economy

Iran ranks 139th in the latest World Economic Forum annual report on “The Global Gender Gap”—a two-notch improvement from last year’s 141st.

The WEF report gave Iran a score of 0.587 in…

Mobarakeh Steel Company has asked the Iranian government to reduce the import duty on steel strip products by 25%, the company’s managing director said.

“To support downstream industries,…

Tehran Stock Exchange’s main index inched up 32.20 points or 0.04% to end Wednesday trade at 79,268.4.

More than one billion shares valued at $210.4 million changed hands for the day.

As new vehicles are coming off the assembly in Fremont right now, Tesla is making the transition from its first generation Autopilot hardware to its second generation device to gradually enable…

The MG6 has been named as the UK’s biggest value loser, according to a study that says the car is worth only a quarter of its price after three years.

The new study by CAP and Auto Express…

Arian Motor Taban, the official representative of France’s DS brand in Iran, unveiled the DS 5LS model in its main showroom in the north of Tehran. According to local automotive website Car-Net,…

British luxury marquee Jaguar confirmed reports it would build an electric car and has revealed a concept vehicle dubbed “I-Pace”.

The new car will make its debut at the Los Angeles Motor…

The 2018 Alfa Romeo Stelvio–the first crossover from the resurrected brand–is aiming to take on a raft of other European and Asia crossovers now dominating vehicle sales.

Stelvio, named…

US President Barack Obama’s administration said he would veto legislation seeking to block financial transactions related to the export of passenger aircraft to Iran, saying it would undermine the…

Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…

The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…

Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…

Seven provinces, namely Markazi Province (6.7%), West Azarbaijan (7.5%), Hamedan (8%), Semnan (8.1%), Zanjan (8.2%), North Khorasan (9.7%) and Gilan (9.9%), registered single-digit unemployment…

Iran’s Economy Minister Ali Tayyebnia left Tehran for Brasilia on Tuesday to attend a meeting of Brazil-Iran Economic Commission after a gap of two decades. He is also scheduled to meet Brazilian…

The joint Majlis commission for reviewing the sixth economic development plan (2016-2021) has passed a measure allowing the Central Bank of Iran to exercise its supervisory and disciplinary…

Axco Insurance Information Services (Axco) has released its latest country report on Iran, highlighting hesitancy from international brokers and reinsurers, despite the country offering vast…

The government has managed to lower the amount of non-performing loans of banks from 15% three years ago to 11%t, says Valiollah Seif, the governor of the Central Bank of Iran. The volume is…

Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.

"A minimum capital adequacy of 8% and reaching a…

Tehran Stock Exchange’s main index shed 105.30 points or 0.13% to end Tuesday trade at 79,236.2.

More than 1.2 billion shares valued at $78 million changed hands for the day.

Niroo…

Trump’s triumph is sending shockwaves through the foreign policy community, particularly among supporters of the Iran nuclear deal. Reuters has already reported that Trump’s election puts the Iran…

Yum! is the only foreign trademark registered in Iran in the fast food sector, says the legal director of Z.K.D. Corporation, the representative of the American brand in Iran.

“Burger Sun…

The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.

Various mineral processing plants are being established in rapid succession to create further…

Tehran Stock Exchange’s board of directors has got a new chairman and vice chairman. Representatives of majority shareholders in the company also extended Chief Executive Hassan Qalibaf-Asl’s term…

Financial Tribune’s parent company Donya-e-Eqtesad Media Group, and China’s Guangzhou Daily Group signed a memorandum of understanding on Monday in Tehran, allowing each side access to the other’s…

Central Bank of Iran has required banks to safeguard the confidentiality of their customers’ information, unless for cases involving a judicial order. Valiollah Seif, the CBI governor, write this…