Economy

As the crackdown on the foreign exchange black market continues, Tehran's prosecutor announced on Tuesday that so far 1,300 bank accounts belonging to unregulated currency traders have been…

All illegal credit institutions will be fully organized and sorted out by the Central Bank of Iran and the parliament up to the first half of the next fiscal year in late September, the head of…

As lackluster banking relations have hampered Iran’s economic prospects despite the lifting of sanctions after the implementation of the 2016 nuclear deal, it looks like the country’s ties with…

A total of 302,511 gold coins were pre-purchased by applicants, according to Bank Melli, the lender in charge of implementing the Central Bank of Iran’s initiative to hold gold coin presale to…

Iran Mercantile Exchange plans to start trading in domestically produced iron ore pellet and concentrate, IME Managing Director Hamed Soltani-Nejad said on Monday.

“The IME also plans to…

Qeshm Cement Company has readied a 40,000-ton batch of clinker for export to India, announced Hormoz Amiri, an official with Qeshm Free Zone Organization.

“Qeshm Cement Company’s clinker…

Tehran Stock Exchange’s main index gained a feeble 2.34 points to end Monday trade at 98,100.8, indicating a 0.002% uptick compared to Monday.

About 958 million shares valued at $43.28…

Donya-e-Eqtesad Media Group held the Fifth Iranian Economy Overview Conference on Tuesday. 

The event was attended by a host of economists and market analysts whose aim was to…

Iran exported more than €113.65 million worth of commodities to Austria in 2017, indicating an 18.74% rise compared with the previous year. Imports of Iran from the European country amounted to…

More than 387 tons of balls used in different sports worth 66.94 billion rials ($2 million) were imported into Iran during the first nine months of the current Iranian year (March 21-Dec. 21,…

Over 1 million tons of commodities were transited from Sarakhs rail border crossing in the northeastern Khorasan Razavi Province during the first 10 months of the current Iranian year (March 21…

Tehran’s Mehrabad International Airport registered over 142,000 takeoffs and landings in 2017, indicating a 7% rise compared with the year before, the Ministry of Roads and Urban Development’s…

The World Federation of Trade Unions’ Presidential Council convened in Tehran on Feb. 26-27, during which international and regional labor issues were discussed and WFTU goals and priorities…

The 15th meeting of the Iran-Armenia Intergovernmental Commission was held in Armenia’s capital city of Yerevan on Monday and Tuesday.

Iran's Energy Minister Reza Ardakanian said on…

A seminar titled “Investment Opportunities in Iran” was held at the South Korea Chamber of Commerce and Industry in the South Korean capital Seoul on Monday.

Iran’s Ambassador to South…

The Sharif University of Technology held a job fair over the weekened at Goftogu Park north of Tehran.

According to the events website, 55 companies participated in the job fair…

The government-backed Innovation and Prosperity Fund (NSFund) will provide knowledge-based firms with business consultation to assist them in their work.

Every year, the world’s biggest smartphone manufacturers (apart from Apple) descend on Barcelona to announce their shiny new phones at Mobile World Congress.

The event officially runs…

The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a…

Three main reasons were behind the recent gold coin rally, the head of National Gold and Jewelry Union said.

Cooperation between the insurance industry and capital market could help control the volume of liquidity, whose rise has triggered concerns in recent years, the head of the Central Insurance of…

Foreign Minister Mohammad Javad Zarif arrived in the Serbian capital Belgrade on Monday for the first leg of his East European tour, which will also take him to Bulgaria, Croatia and Bosnia.…

Iran’s Cabinet members have reduced import tariffs on frozen beef from 26% to 12%. 

The decision was communicated to the ministries of agriculture, industries and economy on Sunday…

Trade between Iran and Belgium stood at over €678 million in 2017, registering a 10.35% rise compared with 2016. 

This makes the European country Iran’s seventh biggest trade…

The average Producer Price Index in the 12 months ending Feb. 19, which marks the end of the Iranian month of Bahman, increased by 10.2% compared with last year’s corresponding period, the…