Economy

Over $85.56 million worth of tobacco products were imported during the five months of the current Iranian year (started March 20), the Islamic Republic of Iran Administration announced. Jordan,…

All major international automakers have rushed to take the lion’s share of Iran’s auto market and Renault was no exception, after the western sanctions against Iran were lifted.

Throughout…

Tehran Stock Exchange’s main index gained 178.30 points or 0.23% to end Wednesday trade at 76,450.9.

More than 629 million shares valued at $45.3 million changed hands for the day.

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Iran’s two equity markets diverged in the first half of the current Iranian year that started on March 20.

Equities on both Tehran Stock Exchange and Iran Fara Bourse took hits during the…

Iran may sign a key international agreement that would protect the rights of foreign leasing companies as it seeks to renew its aging fleet of passenger jets, according to the Iranian Minister of…

Housing accounted for the largest portion of expenses of urban households during the previous fiscal that ended in March.

Iran is pressing the United States to ease banking obstacles to the reopening of trade under last year’s nuclear deal and hopes for progress on the sidelines of United Nations meetings in New York…

With the launch of the new credit card scheme, the first of its kind, in the coming days, the business community is expressing hope that it would help restore buying power that has significantly…

Final estimations show that the massive blaze that engulfed the Bou Ali Petrochemical Complex in the southern Mahshahr Port, has caused about €122 million in damages, a person familiar with the…

Iran agreed on Tuesday to restructure Cuba’s debts to its export credit agency as part of a deal struck during a visit by President Hassan Rouhani to the Latin American country.

The…

A delegation of the Tehran Chamber of Commerce, Industries, Mines and Agriculture will visit Taiwan later this month to explore trade opportunities with Taiwanese companies, the Taiwan External…

At the CAPA Iran Aviation Finance Summit at Tehran’s Imam Khomeini International Airport where Minister for Roads and Urban Development Abbas Akhoundi announced that the government would invest…

Iran’s non-oil exports to the European Union stood at about $643.5 million in the first five months of the current Iranian year (started March 20), registering a 21% increase compared with last…

The Economy Ministry has forecast an 8.7% inflation rate for the Iranian month ending September 21 and 8.9% for the second quarter of the current Iranian year (started June 21).

Iran’s…

Iran has reduced the number of airplanes it plans to buy from Airbus by six amid delays in US regulatory approvals and may knock one plane off a similar deal for more than 100 with Boeing, an…

Tehran Stock Exchange’s main index gained 105.87 points or 0.14% to end Monday trade at 76,272.60.

More than 1.2 billion shares valued at $81 million changed hands for the day.

Pars…

Short-term government bond yields have dropped by over a fifth since last year.

The newly issued Islamic Treasury Bills are following the decline in bank interest rates. In fact, declining…

A number of European banks are ready to cooperate with Iran following the relaxation of sanctions and the country’s gradual integration into the international community.

A new flight was launched between the port city of Aktau in Kazakhstan’s Caspian region of Mangystau and the city of Gorgan in Iran’s northern Golestan Province on Tuesday. The direct route will…

Iranian steel mills produced more than 11.4 million tons of crude steel during the eight months of 2016, which indicate a 5.1% rise compared with last year’s corresponding period, according to a…

Norway-based technology company Opera Software has launched a free and unlimited virtual private network feature as part of its main desktop browser.

Indonesia has launched an investigation into Google, following allegations that the company refused to cooperate with tax officials.  The US-based company faces a bill of over $400 million if…

Iran's Ports and Maritime Organization announced that the maritime radio system used on Kharg Island have been updated to comply with international standards.

Deep space travel could take a number of years to reach a distant destination and humans simply are not made for that type of travel. However, aerospace company SpaceWorks, with funding from the…

Telecommunications Company of Iran will unveil five services in the upcoming Iran Telecom 2016 fair.

Mohammad Reza Bidkhah, a spokesman of TCI, also said voice message, VDSL2, public Wi-Fi…