Chief executives of some of Iran's biggest banks have met with the newly-elected mayor of Tehran, Mohammad Ali Afshani, to reach agreement on reclaiming billions of dollars in liabilities owed…
Economy
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The Emami benchmark gold coin gained another 1% in Tehran on Monday and was traded at close to 25 million rials ($59), a new all-time high, according to Tehran Gold and Jewelry Union’s website.…
During President Hassan Rouhani's visit to China, the two countries signed several agreements to boost trade and financial ties, including an agreement to use their respective currencies.…
Mansour Yazdizadeh has replaced Ahmad Sadeqi as the new managing director of veteran steelmaker Esfahan Steel Company. The new director has spent most of his professional career at ESCO.…
The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a…
The share of Iranian young people (ages 15-24) who were not in employment, education or training (NEETs, for short) fell from 38.3% in the fiscal 2011-12 to 36.2% in 2016-17, according to a…
Tehran Stock Exchange’s main index lost 68.38 points or 0.07% on Monday to end trading at 95,847.5.
About 1.06 billion shares valued at $53.59 million changed hands at TSE for the day.…
The European Union is taking steps to protect EU companies investing in Iran from renewed American sanctions on Tehran after US President Donald Trump decided to unilaterally withdraw from the…
The Eighth Toys and Games Exhibition is scheduled to be held at the Institute for Intellectual Development of Children and Young Adults in Tehran from July 2 to 6.
Kerman in southeast Iran is the country’s biggest date producing province with an output of around 354,000 tons a year, the chairman of the National Association of Iranian Dates said.
Iran has offered Lithuania to open their respective embassies in Vilnius and Tehran to step up economic and political cooperation, visiting Iranian Vice President Massoumeh Ebtekar said in an…
Krasnodar Krai, a federal subject of Russia, located in the North Caucasus region in southern Russia, could become a new target for Iranian traders and businesspeople, the chairman of Iran-…
Iranian cinemas earned 723.47 billion rials ($17.22 million) in box office returns during the first two months of the current Iranian year (March 21-May 21), registering an increase of more than…
Bilateral relations between China and Iran will remain strong despite rising unilateralism and protectionism mainly brought on by the US, Iran’s Ambassador to China Ali Asghar Khaji said.
Volkswagen distributor in Iran, Mammut Khodro, has launched the presale of Golf GTI in the country. In addition to the Golf, Mammut has Tiguan and Passat on offer in Iran.
Sanandaj, capital of the western province of Kordestan, is set to host the 6th edition of the Specialized Exhibition for Automobiles and Related Industries from August 27 to 30.The event is…
General Motors and Honda have struck a deal to partner on developing advanced new battery technology in a bid to accelerate each manufacturer’s plans for electric vehicles.
Gold coins kept rallying nationwide on Sunday, taking its lead from Tehran's market, in signs that investors are showing renewed interest in the safe haven asset.
The rally, which…
Members of Iran's Parliament during Sunday's open session voted to postpone for two months the review process of the government-proposed bill aimed at joining the United Nation's International…
In spite of all efforts to boost economic ties with Qatar, Iran’s only active bank in the Arab nation, Bank Saderat, is still facing serious hurdles, according to its chief executive.
In a directive on Saturday, the Central Bank of Iran authorized foreign currency transfers (through the hawala system operated via the Integrated Forex Deals System) of up to €5 million or its…
About 13,777 hectares of farmlands have been equipped with modern irrigation methods during the two months to May 21, according to the executive of the “Modern Irrigation Systems Project”…
With the production of between 50,000 and 60,000 ostriches per year, from which 3-3.6 million kilograms of meat are obtained, Iran is ranked the second biggest producer of ostrich meat in the…
A total of 11.6 million tons of fruits were produced in Iran in the last fiscal year (March 2017-18) to register a 4.8% increase compared with the year before, a survey carried out by the…
More than 673 tons of home cinema systems worth 156.23 billion rials ($4.56 million) were imported during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran…
