Economy

China’s JAC S3 small sports utility vehicle is on sale in Iran for 71.9 million rials ($18,800), according to a report in local media. The company is offering special discount on the vehicle for…

Seeking to build environment friendly cities with strong buildings and smart public systems, a board member of the New Towns Development Company, affiliated to the Ministry of Roads and Urban…

The Iranian banking system has been combating a variety of serious problems such as a crippling credit crunch, sky-high non-performing loans and a lower share of the money market caused by the…

Following last week’s appointment of Seyyed Ahmad Araqchi as the head of Foreign Exchange Department at the Central Bank of Iran, the new deputy is expected to oversee the long overdue task of…

Bank Melli Iran has organized a two-day course for training educators in the field of anti-money laundering and combating terrorist financing, the bank’s official website announced. The course,…

More than 1,600 tons of cigarette paper worth close to $4.9 million were imported into Iran during the first four months of the current Iranian year (started March 21), the Islamic Republic of…

Iranian chain stores have a 120-trillion-rial ($3.2 billion) share of the country’s 1.3-quadrillion-rial ($34.6 billion) retail market, the head of National Union of Chain Stores, Amir Khosro…

About 14,100 public complaints against goods and service providing centers were filed through the 124 hotline administered by the Industries, Mining and Trade Ministry in the fourth month of the…

A conference on Iran’s post-sanctions economy is scheduled be held at the Geneva Chamber of Commerce, Industry and Services on September 28, concurrent with an Iranian economic delegation’s…

A temporary agreement on establishing a free trade zone between the Eurasian Economic Union and Iran is expected to be signed in 2017, Chairman of the Eurasian Economic Commission Board Tigran…

New Delhi must work with the government of President Hassan Rouhani to ensure that bilateral irritants in fostering economic ties between the two nations are resolved soon, reads an article…

Iran’s bitumen industry is plagued by a lack of steady supply of raw materials and varying quality, causing the industrial material’s exporters to lose ground in international markets.

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Tehran Stock Exchange’s main index gained 37 points or 0.05% to end Tuesday trade at 81,696.3.

About 738 million shares valued at $36.73 million changed hands for the day.

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Beijing Construction Engineering Group will establish a “construction and building materials hypermarket” in the east of Tehran in three years based on a memorandum of understanding it signed…

Iran is the biggest exporter of hand-woven carpets and holds a 30% share in the global handmade carpet trade.

Iran Air will begin the decision-making process on the long list of bids submitted by Iranian and foreign parties to finance multi-billion dollar orders the flag carrier has placed with major…

The Committee for Determining Instances of Criminal Content (CDICC) in Iran, a working group under the supervision of the attorney general office, has detected 40,000 channels with controversial…

The outgoing Telecoms Minister Mahmoud Vaezi, has called for addressing the “unclear status” of taxing online businesses like the ride-hailing apps, Snapp and Tap30.

A key issue raised…

So-called “SonicSpy” malware Android application is causing havoc through the smart phone industry, after a security firm highlighted it is hidden in thousands of apps. According to Lookout…

President Hassan Rouhani introduced his new Cabinet line-up to the Majlis on Tuesday in an open session broadcast live on state TV.

Capital Intelligence Ratings (CI Ratings or CI) has announced that its outlook for Iran's sovereign ratings is currently "Stable".

The Export Development Bank of Iran—the EXIM Bank of Iran—is set to dole out loans worth 3 trillion rials ($78.7 million) through the National Development Fund of Iran, the country’s sovereign…

Majlis Research Center, the investigative and analytical arm of the parliament, has published the results of a yearlong survey covering the views of top banking officials and pundits about a…

Despite his critics' assertions to the contrary, President Hassan Rouhani regards Abbas Akhoundi as the best choice to rescue the stagnant housing sector–a job he has been pursuing for the last…

The newly-announced land trade route from Turkey to Qatar passing through Iran is expected to significantly reduce the cost of transportation of goods. The trade line will lead to a decline of…