Economy

Facebook’s all-out embrace of live video appears to be affecting Instagram.

A new report from a Russian news site shows live functionality embedded into Instagram stories, with a bold “LIVE…

An official with the Islamic Republic of Iran Road Maintenance and Transportation Organization, affiliated to the Ministry of Roads and Urban Development, said 9.5 trillion rials ($264 million)…

Iran exported close to 22,000 tons of kiwi worth over $9.7 million were exported to 22 countries during the first half of the current Iranian year (started March 20), registering a rise of about…

Soon after the US Treasury Department granted licenses to Boeing and Airbus to sell passenger planes to Iran, Tehran welcomed the move as a fulfillment of American obligations under the nuclear…

A senior official at Iran’s Cultural Heritage, Handicrafts and Tourism Organization said there should be more frequent flights from Russia to various destinations in Iran to help the two sides…

The eighth session of Iran-Malaysia Economic Commission will be held next spring in Tehran, said Minister of Communications and Information Technology Mahmoud Vaezi after his meeting with…

About 450,000 tons of oilseeds, including colza, soybean, sunflower, sesame and safflower, will be produced from 300,000 hectares of fields under cultivation by the end of the current crop year,…

Iran exported 69,371 tons of dates worth $79.63 million to 69 countries during the first half of the current Iranian year (started March 20). The figure shows a decline of 5.81% and 25.63% in…

Bank Saderat Iran and the Iran Marine Fund have signed a memorandum of cooperation according to which the bank will provide loans to marine industries.

The agreement, which took place…

The board of trustees of the National Development Fund of Iran (NDFI) cut interest rates on rial loans that will be allocated to exporters. The export loan interest rates were brought down to 11%…

The Central Bank of Iran has clarified the lawful framework for the operation of  fintech companies, though policymakers could well reverse the trend.

The much-anticipated banking bill which takes on major reforms in the key sector will be finalized in the parliament before the current fiscal year is out in March 2017, the head of the Majlis…

The online phase of the eighth round of the National Population and Housing Census ended at 12 a.m. on October 21 with close to 11.1 million households or 37.2 million people having registered…

Expanding cities and warming climate in the Iranian plateau have boosted demand for air conditioners in the Iranian market.

A significant increase in prices for imported hot rolled coils is observed in Iran amid the general upward trend in the global market.

Local customers, however, prefer to take a wait-and-…

Since summer 2016 and following the referendum to leave the European Union, the UK has suffered many losses.

The pound has not been as low as its current value for the last three decades.…

Tehran Stock Exchange’s main index gained 295.70 points or 0.38% to end Saturday trade at 78,387.2.

More than 820 million shares valued at $88.1 million changed hands for the day.

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Indian-owned Jaguar-Land Rover and the UK base for Ford are testing connected cars in the country for the first time.

The new partnership, between the formally owned Ford companies and Ford…

Chinese manufacturer Geely, which now owns Volvo, launched an entirely new car brand called Lynk & Co. this week.

The first new car is a compact SUV imaginatively named 01, which is…

After a month-long delay, the first phase of Tehran’s Low Emission Zone plan became operational on October 22.

The plan, which aims to tackle air pollution, will use cameras to scan…

SAIPA, Iran’s second largest carmaker, has started shipping cars to Iraq once again after the Iraqi government released the brakes on the import of Iranian cars citing “safety issues”. According…

On October 20, Iran’s top exporters were introduced and honored at a ceremony held to mark the 20th anniversary of National Exports Day, which was aimed at helping local companies boost their…

Nothing is holding back the banking system from financing small and medium-sized enterprises and by the end of the current fiscal year in March 2017, all production units will have sufficient…

Informatics Services Corporation, a leading developer of banking and payment solutions in Iran, has launched a formal bid to seek partnership with top payment solution suppliers to develop a…

Middle East Bank was ranked as the top Iranian bank in terms of taking anti-money laundering measures in the fiscal year that ended in March.