The governor of the Central Bank of Iran emphasized the role of moneychangers in the foreign exchange market, saying that the regulator is not seeking to remove them from the Iranian economy.
Economy
Iran economy news, Get the latest news about Iran economy, trade, growth prediction, agriculture, transport, aviation, infrastructural developments and investment opportunities.
Economy
Iran capital market’s trade value reached 2.47 quadrillion rials ($58.8 billion) in the last fiscal year (ended March 20, 2018), growing 26.6% compared to the year before, the head of Securities…
Economy
Qatar plans to invest in the development of southern ports of Iran to help expand economic cooperation and increase bilateral trade, the director of Qatar Ports Management Company said at a…
Economy
Iran’s dormant bauxite project in Guinea-Conakry has recently sprung back to life, as companies operating it have announced an international tender for developing the mine and constructing a…
Economy
Tehran Stock Exchange’s main index lost 481.19 points or 0.5% on Monday compared to the day before to end trade at 95,506.3.
About 466 million shares valued at $22.43 million changed…
Economy
Volkswagen distributor in Iran, Mammut Khodro, is set to offer Golf GTI in the country in the coming months. The company already has Tiguan and Passat on sales in Iran.
Economy
A new report by RevealNews.org says electric vehicle maker Tesla failed to record workers’ serious injuries accurately. Mislabeling and under-counting injuries made Tesla’s safety record look…
Economy
On March 18, one of the cars in Uber’s self-driving vehicle pilot program hit and killed 49-year-old Elaine Herzberg as she was walking across the street in Tempe, Arizona. The next day, Uber…
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The Central Bank of Iran is expected to announce its regulatory framework for fintechs in the coming months and according to the regulator's deputy for innovative technologies, European…
Economy
Representatives of the Iranian Association of Bureaux de Change will soon hold a meeting with Central Bank of Iran’s officials to decide the fate of foreign exchange shops and the role envisaged…
Economy
First Vice President Es'haq Jahangiri said on Sunday the government intends to establish a "new foreign exchange system" that will be in the country's national interests.
Economy
The government will offer loans ranging from 1 billion rials ($23,809) to 60 billion rials ($1.42 million) to entrepreneurs who create jobs in rural regions, the vice president for rural…
Economy
A total of 1.4 million tons of non-oil goods were exported from the eastern ports of Hormozgan Province, including Shahid Bahonar Port, to Persian Gulf littoral states and East Asian countries,…
Economy
Over 3.26 million trucks transported about 33 million tons of cargo across Tehran Province in the last Iranian year (ended March 20), registering a 6.7% rise compared with the year before, a…
Economy
Iran’s non-oil trade with South Korea in the last fiscal year (ended March 20) stood at $8.09 billion, registering an increase of 27.77% compared to the year before. South Korea was Iran’s third…
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As per an agreement between Iranian and Iraqi customs officials, 12 Iranian commodities exported to the neighboring country will be exempt from Iraqi standards control inspections, the head of…
Economy
Mineral explorations are currently underway in areas spanning over 250,000 square kilometers in Sistan-Baluchestan, Kerman and Kurdestan provinces, the chairman of Iranian Mines and Mining…
Economy
Banks and credit institutions provided the industrial and mining sector with 1.51 quadrillion rials ($36 billion) worth of loans in the last fiscal year's first 11 months (March 21, 2017-Feb. 19…
Economy
Iran exported more than 60.2 million tons of mineral products worth over $8.9 billion in the last fiscal year (ended March 20, 2018), down 7.8% in tonnage and up 3.2% in value compared to the…
Economy
Tehran Stock Exchange’s main index lost 299.44 points or 0.31% on Sunday compared to the day before to end trade at 95,987.6.
About 503 million shares valued at $22.55 million changed…
Economy
Telecoms Minister Mohammad Javad Azari Jahromi took to Instagram to give ear to the growing concerns of the public regarding the proposed ban on Telegram, the popular communications app with…
Economy
A two-year study of Android security updates by Security Research Labs has revealed a distressing gap between the software patches Android companies claim to have on their devices and the ones…
Economy
At the recent Sega Festival 2018 event in Tokyo, Sega unveiled the new palm-sized Mega Drive Mini with plans to release it later this year. Released in the US as the Sega Genesis, the Mega Drive…
Economy
The absence of a credible payment mechanism remains the major irritant in Iran-Pakistan trade.
Economy
Buying activity in the Iranian export market for steel billet was muted in the week that ended on April 11 amid reduced demand for finished steel products in customers’ markets as well as…
Economy
