Economy

While the foreign exchange rates are still considered bullish by most observers, both officials and businesspeople expect the market to stabilize in the coming days, as the latest rescue package…

Hysteria reigned supreme after the first round of US sanctions were reinstated against Iran over the past week. 

War scenarios abound, and yet the key aspect of the economic war…

Iraq’s ties with Iran are likely to grow stronger as a result of renewed US economic sanctions on Tehran.

Iran is Iraq’s second-largest trading partner after Turkey, supplying everything…

German rail operator Deutsche Bahn and Deutsche Telekom are ending projects in Iran after Washington imposed new sanctions against Tehran and said firms doing business with Iran would be barred…

Uncertainties caused Tehran stocks to pull the brakes last week on a rally that lasted for most of the month and boosted shares to new highs. 

In fact, the trading week that ended…

The eastern city of Mashhad in Khorasan Razavi Province is hosting five international exhibitions these days.

The ATR 72-600 planes recently delivered to Iran Air have become operational, with one making its debut flight on domestic routes from Tehran to Mashhad on Friday.

Iran traded 371,876 tons of non-oil commodities worth $508.04 million with Italy during the first four months of the current fiscal year (March 21-July 22), registering a 40.12% growth in…

New Zealand exporters are looking to worsening US-Iran relations with trepidation, as they seek to revitalize trade with the second largest economy in the Middle East.

Iran was once an…

The recent ban imposed on the import of certain products has caused serious problems for countries wishing to continue trade with Iran, despite United States' sanctions.

Stagnation afflicts bottled and mineral water industry due to problems of procuring packaging material and 30% to 40% of the country’s related are on the brink of closing down, the secretary of…

Cases of livestock infections causing zoonotic diseases such as rabies, brucellosis, anthrax, foot and mouth disease and lumpy skin disease fell by 38% during the first four months of the…

A private company in Kurdestan Province will build a fruit processing factory in Marivan County.  “Around 3.5 trillion rials (more than $43.75 million) will be invested into the project,”…

The Ministry of Roads and Urban Development’s debts to contractors have amounted to 187 trillion rials ($1.96 billion), a deputy roads minister said.  “Mechanisms suggested in the budget…

An Australian teenager has pleaded guilty to hacking into the main computer network of technology giant Apple Inc, downloading big internal files and accessing customer accounts, because he was…

Iranian knowledge-based firms are set to be granted a 4% discount on customs duties when bringing goods into the country.

Unperturbed by the current economic volatility that Iran is grappling with, the ICT minister envisions a bright prospects for local startups saying he still believes that at least five Iranian…

The average price of renting a residential unit in Tehran jumped significantly on a year-on-year basis in the first quarter of the current Iranian year (March 21-June 21), a report by the…

About 1.77 billion transactions worth 2.03 quadrillion rials ($48.33 billion) were transacted by Shaparak, Iran’s payment settlements network, during the fourth month of the current fiscal year…

Central Bank of Iran's Governor Abdolnasser Hemmati said the regulator's policy under his watch continues to be non-intervention in the foreign exchange market.

"We have said repeatedly…

A bill is under review by parliamentary committees to boost the gold jewelry sector by exempting domestic producers from a 9% value-added tax on sales, the head of Gold and Jewelry Union said.…

Close to 89,220 tons of different kinds of dates worth more than $102 million were exported from Iran to 69 countries during the first four months of the current Iranian year (March 21-July 22…

Tehran is one of the top five cities in the world to have improved by 5 percentage points or more in livability over the past five years, according to the Economist Intelligence Unit. 

More than 875 tons of potato seeds worth $1.63 million were imported into Iran from five countries during the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran…

Iran exported 88,940 tons of Persian melons worth $34.43 million during the first four months of the current fiscal year (March 21-July 22), the Islamic Republic of Iran Customs Administration’s…