Economy

With the completion of Negin Island Port in Bushehr Province by the end of the current Iranian year (March 20), the container loading and unloading capacity for Bushehr Port will increase to 600…

Advocates of higher education have long argued its role in helping job-seekers earn more money and find a job.

Iran’s trade with France stood at $3.18 billion during Jan.-Oct., 2017, registering a staggering rise of 112% compared with last year’s corresponding period

Tehran Stock Exchange’s main index gained 340.99 points or 0.36% to end Saturday trade at 96,270.4.

About 1.31 billion shares valued at $82.07 million changed hands at TSE for the day.…

The First International Exhibition of Tire and Rubber Supply will be held at the Olympic Hotel in Tehran from Jan. 9-11.  The event is sponsored jointly by the Ministry of Industries, Iran…

The Renault-Nissan-Mitsubishi alliance is pooling $200 million in a new mobility tech fund, three sources said, in the latest move by major carmakers to adapt to rapid industry change by…

With the help of generous government subsidies, Norway is a world leader when it comes to the adoption of electric vehicles. Now, electrics and hybrids account for more than half of all new…

The Financial Tribune website attracted some millions of visitors in 2017. The list below shows the most-read stories about Iran economy, excluding those developed by other media:

Iran will need to build more than five million new homes in the next decade to fulfill its household requirements, the deputy for housing at the Ministry of Roads and Urban Development said.

The Association of Private Banks and Credit Institutions has reached an agreement with its sister club of state-owned lenders to direct the bulk of their credits toward the revitalization of…

Deputy Economy Minister Hossein Mirshojaiyan has underplayed the gap between the official and open market foreign exchange rates, saying that a 17% difference between the two would not deter the…

A blueprint of Islamic banking has been devised by the Monetary and Banking Research Institute at the request of the Central Bank of Iran Governor Valiollah Seif.

Qeshm Zinc Smelting Company is establishing a zinc hydroxide production plant to extract mine tailings from production waste, company manager, Amir Rahimi, announced. “The new plant will be a…

Over the past week, Iranian stocks wiped nearly all the gains made in the last two weeks over growing political risks and market ambiguities.

Tehran Stock Exchange’s main index TEDPIX…

There is a feeling of growing isolation and perhaps even marginalization by Jordan in light of shifting alliances and new geopolitical realities in the region.

As a result, pundits have…

Thomas Gehbauer is a head of project coordination for German medical equipment supplier Blue Ocean Force Millennium. He has been doing business in Iran for many years, likes and respects the…

A container ship that left Iran’s Khorramshar Port last Saturday to mark the official opening of Khorramshahr-Sohar shipping route docked at Omani port on Jan. 4. The route between the two…

Paper is one of the necessity goods whose import is not monopolized by a company or individual, a statement by the Ministry of Industries, Mining and Trade reads.

The government decided in the Cabinet meeting on Wednesday to grant 318 billion rials ($7.25 million) in aid to animal and fish farms that incurred losses in the recent Kermanshah Province’s…

Iran’s monetary base grew by 16.6% to 1,863.7 trillion rials ($43.1 million) in June 22-July 22, 2017, 3.7 percentage points up from its level a year earlier.

The 18.7% rise in the…

A local startup has launched a platform dubbed ‘Bitmeh’ allowing people to buy insurance policy online. Available via bitmeh.com, the company connects agents and brokers with costumers wanting…

Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from…

The tracking code project for cigarettes will be implemented in the next two months, the head of Tobacco Planning and Supervision Center said.

Ali Asghar Ramzi added that the project is…

Iran’s Agriculture Ministry and the Iranian Sugar Factories Syndicate have agreed to pay incentives to sugarbeet farmers.

Close to $7.34 billion worth of services were exported from Iran during the eight months to Nov. 21, registering a 7.5% increase compared with the corresponding period of last year, an official…