Economy

The US effort to put Iran in a financial bind meant European banks were paying big fines and closing off its money flows amid severe sanctions on the country’s banking and energy sectors. But as…

British mining and mineral processing technology company Alexander has executed a commercial and technical partnership agreement with Turkish specialist mineral processing consulting company…

The railroad to connect the two Iranian cities of Qazvin and Rasht has made 81% physical progress and is scheduled to come on stream during the second month of the next Iranian year (starting…

Iran’s score based on the Corruption Perceptions Index improved by a notch in 2017 with 30 out of 100, a report by global graft monitor Transparency International announced.  The CPI scale…

Crimea’s ports, which are not operating at full capacity due to the fear of ship-owners incurring fines from Ukraine and western sanctions, are considering the possibility of working with Iran…

India’s sixth consignment of wheat to be sent to Afghanistan arrived in Iran’s southeastern port of Shahid Beheshti in Chabahar on Thursday.

Members of the Iranian Parliament agreed on a 12.17-quadrillion-rial ($269 billion) budget for the next Iranian year on Thursday with 148 votes in favor, 38 against and 3 abstentions. 

Iran exported $17.19 billion worth of goods to member states of the Organization of Islamic Cooperation during the first 10 months of the current year (started March 21, 2017), Trade Promotion…

The Financial Action Task Force has recognized measures taken by Iran in line with addressing its deficiencies and has decided to continue the suspension of active countermeasures until its next…

A phishing attack on Telegram users has been identified and stopped by the Iran Computer Emergency Response Team Coordination Center. A report published by the CERTCC details the attack by…

A team of engineers that worked on self-driving cars and helped invent Google Street View wants to help people guard their homes against intruders using the same style of facial recognition that…

SpaceX took a critical step Thursday toward making one of Elon Musk’s dreams a reality: the largest satellite network ever built, bringing high speed Internet to billions around the world.

In a bid to increase access to the Internet, the Communication Regulatory Authority introduced a mandatory landline Internet Fair Usage Policy last December. Now the ombudsman says it has…

More than 27 million chickens have been culled since the recent outbreak of avian flu in Iran, chairman of the board of directors at Tehran’s Union of Producers of Egg-Laying Chicken, Nasser…

India’s fifth consignment of wheat to be sent to Afghanistan has arrived at Iran’s southeastern Shahid Beheshti Port in Chabahar.

The Ministry of Roads and Urban Development’s news…

The average goods and services Consumer Price Index in Iran over the 12-month period ending Feb. 19, which marks the end of the 11th Iranian month, increased by 8.3% compared with last year’s…

Foreign ministers of the Netherlands and Spain are in Tehran for expansion of bilateral economic and political ties. 

Banks and credit institutions doled out more than 4.62 quadrillion rials ($102.66 billion) in loans to various sectors of the economy during the first 10 months of the current fiscal year to Jan…

The presale of Bahar Azadi gold coins priced at 14 million rials ($311) and 13 million rials ($288) respectively with maturity periods of six months and one year began on Saturday at Bank Melli…

In continuation of the initiative to transfer the bank accounts of state-owned enterprises to the Central Bank of Iran with the aim of boosting transparency, income accounts in provinces other…

Months after the idea was first publicized, it seems that Iran is now inching closer to tapping into the potentials of blockchain technology to operate its own virtual currency.

On…

Governor of the Central Bank of Iran said on Wednesday anti-money laundering rules such as know your customer (KYC) controls are being implemented in the foreign exchange market and the recent…

The First International Exhibition Industry Conference and Expo opened at Tehran’s International Fairground on Tuesday, the official website of the event, Ieie-ex.ir, reported.

The Fifth International Maritime Exhibition of the Islamic Republic of Iran, also known as ‘Iran Sea Expo 2018’, is scheduled to open in Bandar Abbas, located in Iran’s southern Hormozgan…

Stocks had a rollercoaster ride in the Iranian month that ended Feb. 19.

Tehran Stock Exchange’s main index lost 669 points or 0.7% during the month to end at 98,148.5. TEDPIX reached…