Economy

The capital market’s last days of the current fiscal year (ending March 20) are usually the busiest in terms of block sales, and this year is no exception.

Banks, mining companies and…

Iranian private automaker Bam Khodro unveiled a facelifted version of Geely GC6 on Saturday at Tehran's Olympic Hotel. 

The upgraded car is priced at 590 million rials ($12,500).

Negin Khodro, Renault’s official importer, announced that Renault Megane 2018 will make its return to the Iranian market in the next six months.

Negin Khodro CEO Jamshid Hosseini said on…

Toyota Motor Corp. will introduce a sweeping powertrain portfolio starting this spring, as part of a five-year overhaul to make its vehicles more fuel-efficient but sportier to drive. The engine…

Since the launch of the gold coin presale by the Central Bank of Iran on Feb. 17 to cool the market, some 600,000 coins worth 8 trillion rials($175 million) have been sold, the head of Banknote…

The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor…

The Central Bank of Iran’s next regulatory framework document for fintechs dealing with personal finance and account information management will be publicly disclosed early next fiscal year that…

The 57th annual general meeting of the Central Bank of Iran was chaired by President Hassan Rouhani on Sunday, at which the president spoke of economic achievements during his tenure and what is…

Motorola’s Moto G6 was absent from last week’s Mobile World Congress, missing the obvious annual refresh timeframe after last year’s G5 was announced at the show. Presumably, the G6 and G6 Plus…

In recent months, the number of cellphones entering Iran through legal channels has more than doubled.

There has been a 160% year-on-year increase in the number of handsets entering the…

Out of the 22.67 million employees in Iran in the last Iranian year (ended March 20, 2017), 97.6% were Iranian and around 2.4% were foreign nationals living in Iran.

The total population…

A cargo train from Russia loaded with 330 tons of wood worth around $132,000 arrived in Iran’s northern border city of Astara on Saturday, the governor of the city, Younes Ranjkesh, said.

A delegation of Iran Chamber of Commerce, Industries, Mines and Agriculture will accompany Foreign Minister Mohammad Javad Zarif in a visit to Pakistan from March 11 to 14. 

Iran exported over $400 million worth of commodities to Turkmenistan and imported $600 million in return during the 11 months to Feb. 19.

The statement was made by the commercial attaché…

More than 8.1 million tons of sugarbeet have been produced in Iran so far this year, of which 1.95 million tons of sugar have been extracted, the manager of Sugar Beet Project carried out by the…

Trade between Iran and Sweden stood at over €456.77 million in 2017, registering an 86.15% rise compared with 2016. 

This makes the country Iran’s ninth biggest trade partner from…

Germany’s Stiftung Bildung and Handwerk (Education and Craft Foundation) signed a memorandum of understanding with the Technical and Vocational Training Organization and Iran Chamber of Commerce…

The government successfully sold its shares in Alborz Insurance Company on Saturday to a consortium made up of pension funds and an investment company.

The number of Iranian art galleries has been rising in recent years, a member of the Faculty of Art and Architecture of Islamic Azad University said.

In an exclusive interview with…

Close to 79.2 million tons of commodities were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19),…

Tehran Stock Exchange’s main index lost 34.39 points or 0.04% to end Sunday trade at 97,354.3.

About 1.36 billion shares valued at $58.78 million changed hands at TSE for the day.

Italy’s Carlo Maresca on Saturday signed a $100-million contract with the Industrial Development and Renovation Organization of Iran to construct a solar power plant near Garmsar Special…

The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market. 

The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial…

Iran’s high-ranking political and economic delegation, headed by Foreign Minister Mohammad Javad Zarif, completed the last leg of its East Europe tour on Saturday after focusing on resolving…