An early uptick at Tehran Stock Exchange on Sunday was reversed by Bank Mellat ticker symbol’s return to the board, which was accompanied by selloffs that dramatically pulled down the benchmark.…
Economy
- Economy
Iran will soon be open for business, following the agreement reached on July 14 with the EU, US, China and Russia over its nuclear program.
EconomyIran's University of Social Welfare and Rehabilitation Sciences plans to set up the first Next Generation Sequencing center in the coming months, said the president of the university. …
EconomyIran's Scientific and Industrial Research Organization has announced that one of its subsidiaries has designed and manufactured hovercrafts in Iran.
EconomyA new range of cellphone numbers will soon be offered by the Mobile Telecommunications Company of Iran, abbreviated as MCI, following the approval of the Communications Regulatory Authority.
…EconomyGoogle Inc announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many subsidiaries and separate the core web advertising…
EconomyBank Saderat of Iran ranked first among Iranian banks in 2015 and was placed among top 1,000 world banks, The Banker announced in its latest annual ranking report. Performance, volume and benefits…
EconomyNews website Banker defended the Central Bank of Iran’s management of the money market, saying the bank had fared well in its quest to curb inflation and the growth of money supply.
The…
EconomyThe Central Bank of Iran has reportedly greenlighted a move by private banks to hire the former employees of the defunct Mizan Financial Institution.
EconomyThe newly appointed CEO of Iran Mercantile Exchange has defended the creation of the real-estate bourse, saying it would not cause a hike in housing prices.
Hamed Soltaninejad said in his…
EconomyAbout 5,000 tons of olive oil is annually imported, the major part of which in fact is olive pomace oil –made from the residue left after producing virgin olive oil using industrial solvents – and…
EconomyThe decorative stone market has been going through a period of low demand with many processing units closed. While some blame the problem on poor exports resulting from low quality of Iranian…
EconomyThe free trade zone project between Turkey and Iran is advancing as Iran seeks to reconfigure its relations with western countries. The project of establishing a free trade zone on the Turkish-…
EconomyMore than $140 million worth of goods were imported from the United States in the first half of 2015, showing a 60% increase compared to the similar period a year before, US Census Bureau, a body…
EconomyThe CEO of New Zealand’s giant multinational dairy cooperative Fonterra says Iran has “huge potential” as a destination for the company’s dairy products. “Iran is a…
EconomyInvestors have expressed optimism at the prospect of Iran’s economy opening up. In a recent report, Renaissance Capital looked at the economic advantages of the country for foreign investors. The…
EconomyClose to 18,500 tons of commodities were offered at Iran Mercantile Exchange’s agricultural trading floor on Sunday.
EconomyLow trade at Tehran Stock Exchange on Sunday underscores how lingering uncertainties are curbing investors’ appetite to garner stocks, even those with rock-bottom values.
TSE’s benchmark…
EconomyIran’s ambassador to India viewed the nuclear deal between Iran and six world powers as a golden opportunity for investments in Iran and urged Indians not to miss out on this chance.
“So as…
EconomyThe technical and engineering faculties of Tehran University have been ranked 56th in the world for having shown strength in producing research related to a variety of engineering subjects. These…
EconomyBritons have begun to show interest in doing business with Iran. The laggard position of the British government seems to be out of step with that of the general business community in the British…
EconomyBritain's Carphone Warehouse, the largest and oldest independent mobile phone retailer, has said customers should change their online passwords, amid fears that fraudsters will exploit a data…
EconomyAround 27 million devices are now running on Windows 10, according to estimates.
Neowin's Brad Sams reports that Microsoft insiders say the number of PCs upgraded to Windows 10 are now more…
EconomyJapan's top trade and industry official and the accompanying delegation comprising executives from several industries, arrived in Tehran on Saturday to discuss ways to expand ties as a recently-…
EconomyThe rial fell to record lows against major currencies on Saturday as investors fled Iranian equities, which dropped to four-week lows.
The US dollar advanced 0.93% to a five-month high of…
Economy

