Economy

Seven deputy industries, mining and trade ministers have offered their resignation in a show of support for the so-called “law banning the reemployment of retired public employees”, which…

South Korea’s new ambassador to Iran, Yu Chang Hwang, said Korean companies will continue to work with Iran, despite the US pullout from the nuclear deal.

Yu was speaking in a meeting…

Tehran Stock Exchange’s main index gained 3,209.53 points or 2.04% on Saturday to end trading at 160,538.2.

About 4.62 billion shares valued at $118.10 million changed hands at TSE for…

The average unemployment rate for university graduates stood at 19.4% in the last fiscal year (March 2017-18), registering a decline of 0.6% compared with the year before, according to a new…

Iran produced 24.08 million tons of cement during the first five months of the current fiscal year (March 21-Aug. 22).

“This registers an increase of over 244,000 tons compared with last…

Since the beginning of the fiscal 2018-19, the Iranian rial has, as economists say, “gone through the floor”—the currency has depreciated by nearly 70% against its benchmark.

UK-based security solutions supplier Westminster Group said it had made significant progress with its Iran airport contract and remains committed to starting it as soon as possible. The contract…

Luxury British carmaker maker Aston Martin is seeking a price tag of up to 5.1 billion pounds ($6.7 billion) in its stock market debut next month and has geared up for any Brexit outcome.

Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans. A bid for London-based Deliveroo, last…

Cryptocurrency transactions in Iran have significantly declined since April when a blanket ban came into effect. 

As Sepehr Mohammadi, chairman of the Blockchain Association of Iran…

Iran's housing and construction sector registered a fourth consecutive positive growth rate during the quarter to June 21, the latest figures disclosed by the Central Bank of Iran show.

A man has been arrested for smuggling $38,000 from Afghanistan to Iran, an Afghan official said on Tuesday. The cash was being carried to the neighboring country in a cement truck, said Jelani…

Around 101,000 tons of fresh tea leaves worth 2.01 trillion rials ($17.1 million) have been purchased from local farmers since the beginning of the current Iranian year on March 21, registering…

The import of foreign currency does not amount to smuggling and their import, as well as those of gold, is permitted without restriction, a directive issued to all customs offices across the…

More than 296 tons of chocolate worth $1.11 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22), data released by the Islamic Republic of…

The first half of the year is the high season for ice cream and fruit juice shops, which witnesses high sales.

“However, sales during the first six months of the current year (March 21-…

Renovation of terminals 1 and 2 of Tehran’s Mehrabad International Airport is expected to become complete by the end of the next fiscal year in March 2020.

Iran traded 1.36 million tons of non-oil commodities worth $659.80 million with Oman during the first five months of the current fiscal year (March 21-Aug. 22). This registers a 53.71% and 126.6…

Washington’s ambassador in Berlin has been pressuring German firms “daily” to comply with American sanctions on Iran, a spokeswoman said on Thursday, even as European governments look to shield…

Following fresh US sanctions on Iran over its nuclear program that puts the strategic Chabahar Port project in jeopardy and calls for a complete stop to all Iranian oil exports, India is in…

Esfahan Steel Company has produced 1,000 tons of UIC60 rails based on the latest international standards, the manager of the Rolling Engineering Department of ESCO said. “We were totally reliant…

Major Iranian copper producers produced 488,859 tons of copper concentrate during the first five months of the current fiscal year (March 21-Aug. 22), which indicates a 12% growth compared with…

Looking for a job and finding better employment were the main reasons behind internal migration in Iran in the last Iranian year (ended March 20, 2018) after “following family’s decision”.

Tehran Stock Exchange’s main index lost 157,328.7 points or 0.47% on Tuesday to end trading in last week at 157,328.7.

About 3.61 billion shares valued at $81.86 million changed hands at…

The Eurasian Economic Commission Council approved the roadmap to implement the interim agreement on Iran’s entry into the Eurasian Economic Union Free Trade Zone.

The announcement was…