Economy

The bigger they are, the harder they fall.

Tehran Stock Exchange’s recent wild rush was bound to crash eventually, and new market-changing regulations coupled with protests over price…

Shahram Adamnejad has been appointed as the CEO of Imam Khomeini International Airport City Company by Roads Minister Abbas Akhoundi.

The minister assigned the new CEO to take action for…

The improved performance of Iran’s automotive industry this year, spurred by the removal of international sanctions in early 2016, had a positive effect on flat steel use and spiked consumption…

Tehran Stock Exchange’s main index lost 1,649.82 points or 1.7% to end Sunday trade at 95,561.6.

About 1.9 billion shares valued at $110.65 million changed hands at TSE for the day.

The new shipping route launched between Iran’s Khorramshahr Port and Oman’s Sohar Port on Saturday is expected to increase bilateral trade to $5 billion in the next four years, the chairman of…

About $580 million worth of foreign direct investments have been made in Khorasan Razavi Province since the beginning of the current Iranian year (March 21).

According to Khorasan Razavi…

More than 1.15 million tons of goods worth $905 million were exported from East Azarbaijan Province during the first nine months of the current Iranian year (started March 21) to register a 28%…

Majlis Joint Commission approved the outlines of the budget bill for the next fiscal year (March 2018-19) on Sunday and will weigh the details of the bill in the coming weeks, the spokesman of…

The Japanese government started Official Development Assistance (ODA) activity in Iran in 1957 and Japan International Cooperation Agency (JICA) affiliated to the government of Japan officially…

China’s Huawei on Friday flagged overall and smartphone revenue figures for 2017 that represented its slowest growth in four years, and vowed to extend its global reach with more premium…

Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replacements and will change its software to show…

Prosecutors asked a South Korean court to extend the prison term for Samsung Electronics heir-apparent Jay Y. Lee to 12 years, in an appeal of his five-year sentence for allegedly bribing his…

Tehran Municipality has published a database of safe urban areas on its website. Each of the sprawling capital’s 22 districts have a separate section on the website. By clicking on each area a…

With too many irons in the fire, the government and the Central Bank of Iran do not seem to be in the mood for making tough decisions, especially in the foreign exchange market.

The Central Bank of Iran's governor, in his first public comments on Bitcoin, has urged Iranian investors to exercise caution in trading the popular cryptocurrency.

"CBI is also striving…

The funds attracted from the Eximbank of Russia will be mainly used for implementing infrastructure projects and not importing consumer goods, the director of the Organization for Investment,…

The newly-purchased ATRs by Iran Air, the country’s national carrier, have been covered by Iran Insurance Company, the company’s deputy for ships, aircraft and cargo insurance announced.

Around 17 million chickens have been culled in Iran so far, due to the recent outbreak of aviation flu, the chairman of the board of directors at Tehran’s Union of Producers of Egg-Laying…

The northern Mazandaran Province has stocked 30,000 tons of citrus fruit for the upcoming Norouz (Iranian New Year) holidays (starting March 21, 2018).

More than 110,000 hectares of land…

A total of 17,550 companies and traders were involved in imports during the first nine months of the current fiscal year (March 21-Dec. 21), according to the Islamic Republic of Iran Customs…

More than $1.4 billion worth of goods were exported from the western Kermanshah Province during the first nine months of the current Iranian year (started March 21), registering a 2% rise…

Iranian economist Morteza Imanirad believes that tapping into empty capacities of production units, the rise in oil revenues and a modest increase in demand are the main reasons behind the…

The average Producer Price Index in the 12 months ending Dec. 21, which marks the end of the Iranian month of Azar, increased by 9.7% compared with last year’s corresponding period, the latest…

Things seem to be changing for the better at Tehran Stock Exchange, as market regulators have started to take a tougher stance on enforcing corporate transparency.

A close inspection of 24 industrial categories on the list of Iran’s non-oil exports (including gas condensate) during the seven months to Oct. 22 shows that five groups had the lion’s share of…