Economy

The immediate deaths arising from accidents during Norouz, the Iranian New Year holiday season (March 21 to April 2) regrettably rose compared to the same period of last year.

Statistics…

Nissan Motor Co. hardly seems like an automaker in need of more corporate tie-ups, with its alliance links to Renault and Mitsubishi, and a network of partnerships with Daimler AG of Germany,…

German carmakers BMW and Daimler are under increasing pressure to diversify production of their sports utility vehicles outside of the United States as a result of Washington’s growing trade…

Iran exported more than 314 tons of soup and stew worth $1.03 million during the 11 months to Feb. 19, the Islamic Republic of Iran Customs Administration announced.

Australia, Sweden,…

The 2018 edition of Global Entrepreneurship Index, a composite indicator of the health of entrepreneurship ecosystem, has ranked Iran 72nd out of a total list of 137 countries and 11th out of 14…

Exports from Iran’s small- and medium-sized enterprises amounted to $2.3 billion in the last Iranian year (ended March 20, 2018), the deputy head of Iran Small Industries and Industrial Parks…

A business delegation from Stockholm, the capital of Sweden, is scheduled to visit Tehran Chamber of Commerce, Industries, Mines and Agriculture on April 18, the chamber’s news portal reported…

Afghanistan’s Chamber of Commerce and Industries said Iran was Afghanistan’s biggest trade partner in the last solar year (March 2017-18) and exported goods worth over $1.98 billion to the…

The process initiated by Iran, Russia and Turkey in Sochi on Nov. 22 was the beginning of a collaboration that will pave the way for regional economic opportunities and change the future of…

As the new fiscal year started on March 21 and the banking system expects major reforms, the issue of payment services’ fees poses a huge challenge to the electronic banking sector.

The Central Bank of Iran allocated $48 billion in hard currency for imports during the last fiscal year that ended on March 20, 2018, according to its governor, who put it down to new openings…

The Central Bank of Iran has eliminated another use of foreign currencies at official rates, announcing through a directive that as of the beginning of the current fiscal year on March 21,…

Foreign exchange rates continued to surge in Tehran's market amid confusion about the causes of the rally, as both Economy Minister Masoud Karbasian and Governor of the Central Bank of Iran…

Sustainable economic growth policies are often a broad spectrum in setting macroeconomic adjustments and maintaining the progressive trend without transferring the pressure or burdens for future…

Iranian miners paid 6.74 trillion rials ($134.87 million) in mining royalties to the government during the first 11 months of the last fiscal year (March 21, 2017-Feb. 19), indicating an 88.1%…

The government is intervening in the pricing of base metals in the local market, again.

At the behest of Industries Minister Mohammad Shariatmadari, his deputy Hassan Younes Sinaki has…

Tehran Stock Exchange’s main index lost 438.53 points or 0.45% to end Sunday trade at 96,341.3.

About 794 million shares valued at $32.70 million changed hands at TSE for the day.

Researchers at Qazvin Islamic Azad University have developed a firefighter robot that can withstand temperatures as high as 1,000º Celsius.

The use of robotic systems in firefighting is…

The US Department of Homeland Security is looking to build a media monitoring database. When some reporters objected, a DHS spokesman dismissed their concerns as fodder for “black helicopter…

After facing a barrage of criticism over the toxicity of its community, Twitter announced last month that it will try to more actively measure and combat bad behavior, with input from outside…

As the future of the Iran nuclear deal looks increasingly uncertain, European diplomats are hard pressed to find solutions that balance US President Donald Trump’s demands to “fix” the accord…

Atieh Damavand Investment Company is planning to sell an 8% stake in Insurance Industry Investment Company worth over 180 billion rials ($3.6 million) on April 11. 

The block share…

The third edition of ‘Iran Green Trade Fair’, also known as IGTF 2018, is scheduled to open on April 19.

Iran Airports Company registered 455,613 takeoffs and landings in the last Iranian year (ended March 20, 2018), which registers an 8% rise compared with the year before, the Ministry of Roads…

Some government officials and parliamentarians are unequivocal about expanding free trade zones. 

Last week, Morteza Bank, the secretary of High Council of Free Zones, announced the…