Economy

Gold and foreign exchange markets are more stable following the Central Bank of Iran’s announcement that the recent volatility in the forex market is temporary, said the head of Gold and Jewelry…

Urban Development and Revitalization Organization and University of Tehran signed an agreement to cooperate on cultural and research activities. Mohammad Saeid Izadi, UDCR’s head, said that the…

Parliament has approved legislation that entitles the victims of car accidents to equal blood money regardless of gender or religion.

According to law, insurers are required to compensate…

The Minister of Economy Ali Tayyebnia said on Tuesday that any interest rate cut should come only after the Central Bank of Iran formally enters the inter-bank market.

“The move should be…

Credit cards are among lucrative microeconomic ventures throughout the world and the trend has been on the rise in many countries. However, Iran has been left out of the trend due to a variety of…

An independent organization must be established to settle the issue of banks’ toxic assets, said Abbas Akhundi minister of roads and urban development.

The banking sector’s toxic assets are…

Iran’s railroad will be connected to Azerbaijan Republic’s rail network in 18 months, announced Governor of Gilan Province Mohammad Ali Najafi in a statement addressing a specialized energy…

The government will allow private sector traders to import up to 600 tons of rice, Deputy Agriculture Minister Ali Qanbari said on Tuesday. Rice imports have until recently been banned by the…

Cheap steel sheets imported from China, South Korea and Kazakhstan have resulted in Iranian auto manufacturers balking at domestically manufactured products, said Mohammad Azad, chairman of Tehran…

Over $133 million worth of agricultural products were exported from East Azarbaijan Province during the seven-month period ending October 22, according to the Agricultural Jihad Organization of…

The FES Watch, an e-paper timepiece developed by a Sony subsidiary, first broke cover a year ago on Japanese crowdfunding site Makuake. Since then it has expanded to Sony’s own crowdfunding portal…

In the immediate aftermath of the Paris attacks on Friday, many with loved ones living in the city received a new type of notification from Facebook. The social network activated a relatively new…

In line with the growing “buy domestic” trend that has swept Russia over the past two years, developers have created a homegrown suite of office applications designed as an alternative to popular…

Financial Tribune hosted a gathering of Iranian commercial attachés on Monday.

The event was organized by managing director Alireza Bakhtiari, who is also the owner of our sister newspaper…

The Ministry of Roads and Urban Development is geared up to revive the mortgage market, an advisor to the Ministry of Roads and Urban Development said Sunday.

The Central Bank of Iran will inject foreign exchange into the market in the coming days, the head of CBI's Export Department said late Sunday warning companies not to bank on higher rates for…

Central Bank of Iran is making preparations to issue checks that can be deposited into the holders’ account by scanning them at ATMs, manager of the CBI’s Payment Systems department, Davood…

Speculation over further cuts in interest rates has triggered a hot debate among analysts and experts on the rate conducive to growth and business environment.

Parliament has approved a measure to impose pecuniary penalties on car owners without third party vehicle insurance. The measure is part of an amended law that makes it more difficult for vehicle…

Ending government intervention in civil engineering bodies and improving competition in engineering services are among the Ministry of Roads and Urban Development’s plans for enhancing the quality…

About 24,000 tons of pistachios were exported from the county of Rafsanjan, located in Kerman Province, mainly to European countries during Sept. 23-Nov. 15, 2015, says Seyyed Mahmoud Abtahi, a…

Norway is keen to establish closer ties with Iran, said the European country’s ambassador to Iran, Norheim Aud Lise, in a meeting with Iranian officials in the city of Birjand, the capital of…

Denmark’s Foreign Minister Kristian Jensen will be paying an official visit to Iran on January 4-5, 2016.

Regional sustainable development hinges on shared economic interests and mutual trade exchanges between the Caspian Sea littoral states, said deputy minister of roads and urban development,…

More than 60 economic delegations from different countries have visited Iran since the beginning of the current Iranian year (started March 21), according to Deputy Economy Minister Mohammad…