Economy

Insurance authorities are set to discuss the problems facing the private firms providing supplemental health insurances in the next session of the Supreme Council of Insurance, according to the…

A new report suggests the construction of one of Tehran’s largest residential structures called the Third Millennium Tower has resumed after almost four years of inactivity.

Commercial banking in Iran will continue to grow next year but the growth pace is expected to slow down, according to new forecasts. This will be partly due to inflationary pressure and high…

To maintain communication with the rest of the world, Iran has no other choice but to move on to Internet Protocol version 6 – the latest version of the IP, said the telecom minister on Sunday.

A report on the performance of the insurance market in the first six months of current Iranian year (March 21-September 22) shows a 38 percent increase in insurance premiums, as well as 24 percent…

The ministry of economic affairs and finance has no intention to increase the rate of value added tax (VAT) for next year, according to the president of Iranian National Tax Organization. In a…

A senior Polish official has voiced his country’s readiness to expand cooperation with Iran in the banking sector, FNA reported.

The National Iranian Copper Industries Company (NICIC) has offered various types of copper on the industrial and mining trading floor of the Iran Mercantile Exchange on Sunday, IME’s public…

Iran’s construction sector, according to official figures, is booming and it’s said to have one of the highest rates of activity in the Middle East in terms of the number of construction projects…

Listed companies on the Tehran Stock Exchange (TSE) have beaten the prior expectations, after it was announced that their profit is expected to witness a surge of an almost 2 trillion rials,…

Iran’s Iron ore exports have drastically dropped after the low-grade hematite iron ore’s export in the first seven months of the current Iranian year experienced a 90.01 percent decline (March 21-…

The Money and Credit Council is considering categorization of 5,200 manufacturing units that have received foreign currency loans without paying it back.

The manufacturing units will be…

Wary of Beijing’s move to strike a deal with Tehran for development of the Chabahar Port, India is set to move fast on its own projects at the seaport in southeastern Iran.

Last month the biggest investment forum between Iran and Europe in years was held at the fanciful Grosvenor Square Hotel in Central London. Post-sanction business opportunities and networking was…

A top official has said Sarakhs Special Economic Zone needs more investment in infrastructure if it is to attract foreign investors. Despite having a natural gas refinery and an airport, other…

About 45,000 tons of different commodities worth $43 million have been exported from Razi border customs through rail and land transport to European and Asian countries in the past seven months of…

Amenhotep Zambrano, the Venezuelan ambassador to Tehran, called for the export of pharmaceutical products from Iran to his country, ILNA reported on Saturday. In a meeting with Valiollah Afkhami…

Iran imported one million cubic meters of wood, 95 percent of which was provided by Russia, Abdolazim Aghajani, the secretary of the Association of Iran Wood Industries Employers told ISNA…

Iran and Azerbaijan can increase their annual bilateral trade to $10 billion, minister of information and communication technology, Mahmoud Vaezi has said.

Recent reports from the central bank show that the number of Iranian households with no employed member has increased from 15.5% to 24% over the past decade.

According to the bank’s data,…

Household expenditures in urban areas increased by 31.4 percent last year (ending March 2014) compared to a year earlier, a new report by the Central Bank of Iran revealed.

After 21 months, a new rolling mill production unit, which was an Iranian –Kuwaiti joint venture, came on stream, officials familiar with the project said.  

The Rouhani administration seriously pursues shifting the country’s economic system from the current resource-based economy to a technology-based one and afterwards to an innovation-based…

Attempts have to be made to amend the distribution of tobacco products, head of planning and supervision center of Iran’s tobacco products told IRNA on Saturday.“The distribution of tobacco…

The Iran Mercantile Exchange had a bustling trading day, as 8 local suppliers offered various petroleum commodities on the export trading floor, IME’s public relations and international affairs…