Economy

Since seven years ago when the Law of Developing Financial Instruments and Entities was passed in the parliament, more than 157 trillion rials ($ 3.76 billion) worth of Islamic sukuk have been…

The Institute for Trade Studies and Research, affiliated to the Ministry of Industries, Mining and Trade, has published a report in which the research body recommended property tax as a lesser-…

Bahar Azadi gold coin surged on Tuesday after days of calm to hit 14.03 million rials ($335), according to Tehran Gold and Jewelry Union’s website. The price is reportedly the highest registered…

The Securities and Exchange Organization is considering harsher measures against listed companies that refuse to release their financial information and follow transparency measures, the deputy…

President Hassan Rouhani has agreed to allocate $500 million from the National Development Fund of Iran, the country’s sovereign wealth fund, for the establishment of a rail leasing company, the…

The number of civil servants dropped from nearly 4 million in the fiscal 2005-6 to 3.71 million in 2016-17 to constitute 16.7% of the total employees in Iran, suggesting that the public sector…

Iran’s direct net steel exports reached its highest in 10 years as it hit 971,000 tons in 2016 and bested all other countries in the Middle East and North Africa region, World Steel Association’…

Tehran Stock Exchange’s main index lost 207.67 points or 0.21% to end Tuesday trade at 98,150.7.

About 1.05 billion shares valued at $62.73 million changed hands at TSE for the day.

University of Tehran has launched a business counseling center for entrepreneurs and startups, which offers legal and financial counseling services.

According to the university’s website…

A local startup dubbed ‘Baroty’ has launched an e-commerce website offering business-to-consumer and consumer-to-consumer services. Just like global online retailers like eBay, through its…

Iranian Seismological Center (IRSC), affiliated to Tehran University, has released a mobile application named ‘Larze Negar’ (Quake Tracker in Persian), which provides users with real-time…

One of the world’s most well-known activists against digital surveillance has released what’s intended to be a cheap, mobile, and flexible version of a physical security system. The Freedom of…

Months after the Central Bank of Iran clinched an agreement with the Export Insurance Agency of Russia to pave the way for Russian banks to fund Iranian projects, four Iranian banks have signed…

A member of Majlis Development Commission has called on all related organizations and executive bodies in the country to help provide residential units to different strata of society.

The much-touted scheme to integrate the payment systems of Iran and Russia has been slowed in the past couple of months due to lengthy negotiations, the head of Central Bank of Iran’s Payment…

A high-level Iranian delegation on Monday conferred with their Pakistani counterparts on removing banking hurdles that have also hampered bilateral trade.

Regulations to establish the capital market's first foreign currency exchange-traded fund have been devised, but its launch is pending a final agreement between the Central Bank of Iran and…

Iranian women’s participation rate in labor force is one of the lowest compared to many other countries and that is to blame for Iran’s overall low participation rates in the world.

In…

Tehran Stock Exchange’s main index gained 829.12 points or 0.85% to end Monday trade at an all-time high of 98,358.4.

About 1.1 billion shares valued at $79.8 million changed hands at…

The Seventh International Exhibition of Office Furniture is scheduled to be held on Jan. 11-14, 2018, at Tehran’s International Fairground.

The financially embattled Iran Steel Pension Fund plans to merge with the Social Security Organization, a parliamentarian said. Aboulfazl Hassanbeygi added that the merger is expected to take…

Egg prices marked a 9% hike during the week to Dec. 22 compared to the previous week and a 53.7% rise compared with last year’s corresponding week, reaching 126,000-175,000 rials ($3-4.1) for…

More than 1.4 million tons of bitumen worth $368 million were exported from Iran’s southern Hormozgan Province during the first nine months of the current Iranian year (started March 21), the…

Around 56,180 tons of kiwis worth $30 million were exported from Mazandaran Province during the nine months to Dec. 22, the director general of Mazandaran Province’s Customs Bureau said.

Tax revenues collected from Tehran Province stood at 174 trillion rials ($4.14 billion) in the first half of the current year (March 21-Sept. 22, 2017), indicating a 42% rise compared with the…