Economy

Between 6 million and 8 million trips are taken to and from cities to suburban areas in Iran every day, of which only 17,000 are by rail. This means the suburban rail system accounts for only…

Payam International Airport, a cargo airport located in Karaj, Alborz Province, will start operating passenger flights in the Iranian month starting Aug. 23, the airport’s managing director…

Close to 853 tons of wheelbarrow tires worth more than $1.8 million were imported into Iran from three countries during the last fiscal year (March 2017-18), data released by the Islamic…

Iran exported 2.99 million tons of gas condensates worth $1.55 billion during the first three months of the current Iranian year (March 21-June 21), registering a 26.59% and 2.57% decline in…

Iran traded 7.38 million tons of non-oil commodities worth $5.18 billion with China during the first three months of the current fiscal year (March 21-June 21), registering a 12.04% decline in…

A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the…

The Iranian Association of Islamic Finance has signed a memorandum of understanding to expand cooperation with REDmoney, a leading company organizing events on the Islamic financial markets…

Capital market authorities from Iran and Ghana signed a memorandum of understanding for cooperation between the two regulators in Tehran on Tuesday. The MoU, signed by Iran’s Securities and…

Iranian Privatization Organization is scheduled to stage the biggest privatization bid of the current fiscal year (March 2018-19) on July 31, IPO's deputy head, Zohreh Alipour, said.

The…

A total of 11.22 million tons of iron ore concentrate was produced in Iran during the first three months of the current fiscal year (March 21-June 21), to register a 20% growth compared with…

Tehran Stock Exchange’s main index lost 329.39 points or 0.3% on Tuesday to end trading at 107,780.6.

About 1.59 billion shares valued at $107.19 million changed hands at TSE for the day…

Cuba has started providing Internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere…

Gifted students from 70 countries across the world have gathered in Tehran to compete in the 29th International Biology Olympiad which began on July 15 and is slated to end on July 22.

Iran exported 96,000 tons of raisins worth $153 million in the last Iranian year (March 2017-18), registering a decrease of 29% and 46% in tonnage and value respectively compared to the year…

Iran exported close to 29,483 tons of yogurt worth $29.14 million during the first three months of the current fiscal year (March 21-June 21), data from the Islamic Republic of Iran Customs…

More than 657,132 tons of lighters worth over $3 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…

Exports from Iran’s southern Fars Province saw a 25% rise during the last fiscal year (March 2017-18) compared with the year before to stand at $1.3 billion, the head of Shiraz Chamber of…

Iran traded 470,706 tons of non-oil commodities worth $459.94 million with Russia during the first three months of the current Iranian year (March 21-June 21), registering a 28.48% and 154.77%…

Non-oil exports from the southern Shahid Rajaee Port during the first three months of the current Iranian year (March 21-June 21) stood at more than 8.87 million tons, registering a 3.8%…

The unemployment of a great portion of university graduates is an issue afflicting the Iranian society. 

In an article published in Financial Tribune’s sister newspaper Donya-e-…

Iran’s largest mining holding has concluded the last stage of its largest aerial geophysical survey in the western Kurdestan Province.

The state-owned Iranian Mines and Mining Industries…

Iran’s major aluminum companies produced an aggregate of 91,379 tons of aluminum products during the first quarter of the current fiscal year (March 21-June 21), which indicate an 11% increase…

Coming out of a prosperous year with rising sales and profits, Iranian steel companies had a slower growth in the first three months of the current fiscal year (March 21-June 21), but still…

Chairman of the Supreme Assembly of Nakhchivan Autonomous Republic Vasif Talibov discussed economic ties with the head of the Islamic Republic of Iran Customs Administration, Foroud Asgari.

Tehran Stock Exchange’s main index gained 37.46 points or 0.03% on Monday to end trading at 108,109.8.

About 1.52 billion shares valued at $67.28 million changed hands at TSE for the day…