Economy

Iran Airports Company registered 35,073 takeoffs and landings during the Iranian month ending Feb. 19, which shows a 7% rise compared with last year’s corresponding period.

Close to 4.…

The long wait finally came to an end on Wednesday, as two major banks’ frozen stock tickers reopened on Tehran Stock Exchange after a year and a half. 

This is great news for…

Iran’s International Property Rights Index score increased by 0.28 compared with 2016 to stand at 4.52 (out of 10) for 2017. 

The country ranked 99th out of 127 countries under…

Tehran Stock Exchange’s main index lost 788.19 points or 0.82% to end Wednesday trade at 95,525.9.

About 1.38 billion shares valued at $51.46 million changed hands at TSE for the day.…

The production of all types of paper saw a 35% rise in the 10-month period since the beginning of the current Iranian year (March 21, 2017-Jan. 20) compared with last year’s corresponding period…

More than 17 million tons of non-oil products worth $6.59 million were exported from Khuzestan Province during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19), showing a…

Iran exported €357,420 worth of commodities to Latvia in 2017, indicating a 160.34% upsurge compared with the previous year. Iran’s imports from the European country amounted to more than €3.27…

Azerbaijan and Iran are planning to sign a credit agreement in late March for Azerbaijan to finance the construction of Rasht-Astara Railroad, Azerbaijan’s Economy Minister Shahin Mustafayev…

The Supreme Labor Council set the living wage for a 3.3-member Iranian household in the current year (March 2017-18) at 26.7 million rials ($568) on Tuesday, close to 1.81 million rials ($38.5)…

Pakistan’s southeastern Sindh Province boasts vast investment opportunities, particularly in energy, infrastructure development, education, health, agriculture and in various other sectors.

Emdad Khodro Iran has signed a deal with Setareh Iran, Mercedes-Benz's distributor in the country, to offer mobile emergency services to the products of the German manufacturer. Owners of…

During the Cabinet meeting on Sunday, import tariffs for hybrid vehicles were once again amended after the government relented to mounting public pressure.

Saeed Bastani, spokesman of…

SAIPA delivered 200 Volvo heavy-duty vehicles to customers on Tuesday, as part of a renovation scheme introduced by President Hassan Rouhani in February.

This is the first batch of the…

Shaparak, the Central Bank of Iran-affiliated supervisory entity in charge of the country’s payment settlement network, has released its latest report for the 11th month of the current fiscal to…

A new wave of mergers and acquisitions in Iran’s banking industry is aimed at creating bigger, stronger and more efficient banks, a top official at the Central Bank off Iran said.  

Delegates from Iranian banks met with representatives of the European Banking Authority this week in Canary Wharf.  The regulators outlined the role and functions of EBA and discussed with…

Around 513,000 tons of chocolate and pastry worth $615 million were exported from Iran during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19), registering a 121% and 21…

Iran and the US account for 85% of world production of pistachios (dry in-shell basis), Iran Pistachio Association announced. 

As the biggest pistachio producers in the world, the…

Iran’s Minister of Economic Affairs and Finance Masoud Karbasian said talks are underway with Azerbaijan to conclude a preferential trade agreement.

Iranian Foreign Minister Mohammad Javad Zarif on Monday invited Pakistan to participate in Chabahar's seaport project and development of its link with Gwadar Port, as he sought to allay concerns…

With exports of more than 34.12 million tons of products worth close to $13.4 billion during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19), Bushehr Province was Iran’s…

Three of Middle East Mines Industries Development Holding Company’s subsidiaries plan to issue 10.6 trillion rials ($219.64 million) of Islamic bonds to finance their expansion projects, an…

Iran’s largest privatization attempt in the current fiscal year (started March 21, 2017) kicked off on March 12 with less than a percent of the offered assets finding buyers.

According…

At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June…

Tehran Stock Exchange’s main index gained 119.77 points or 0.12% to end Tuesday trade at 96,314.2.

About 852 million shares valued at $43.28 million changed hands at TSE for the day.…