Economy

Two information systems aimed at implementing standards pertaining to anti-money laundering and combating financing of terrorism required by the Financial Action Task Force have been unveiled at…

A number of Iranian banks have declared their interest in opening branches in Belgium, which goal is expected to materialize with the help of both countries.

Tehran Stock Exchange’s main index added 36.50 points or 0.04% to end Sunday trade at 87,905.1.

About 681 million shares valued at $40.3 million changed hands on Sunday.

Trading…

The Iranian cement industry’s fall from grace has turned into a continuous freefall.

Demand is at sticky lows, overcapacity is rampant and underperforming plants have trouble clearing…

Major Iranian steelmakers exported 3.98 million tons of semi-finished and finished steel products during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 24%…

Gholamreza Shafei, a former deputy head of Iran’s Management and Planning Organization, is tipped to take the helm of Civil Servants Pension Fund, after Mahmoud Eslamian announced his…

It is estimated that some 3.7 million tons of apples will be produced from over 250,000 hectares across the country in the current crop year to register close to a 9% increase compared with last…

Excessive rules and regulations have made investment in infrastructures ineffective and damaged the business environment in Iran.

This was stated by the deputy head of Iran Chamber of…

Iran is to reopen the Parvizkhan border crossing with the Iraqi Kurdistan Region after three weeks of closure following the Sept. 25 referendum, a Kurdish official announced on Sunday.

Iran Economic and Investment Opportunities Forum is scheduled to be held in Tehran on November 25-28 to help introduce $35 billion worth of investment opportunities in Iran’s economy to the…

Contraband household appliances are now up for sale online and through social networks, the head of Iran Home Appliances Association said.

Mohammad Tahanpour also told IRNA that the…

Close to 1,000 tons of gelatin worth more than 197.6 billion rials ($6.1 million) were imported in the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…

Iran has weighed filing a suit against Turkmenistan for cutting off its natural gas supply at the end of last year, but Iran's state gas company prefers to discuss and settle the dispute outside…

The year-to-date revenues of the Islamic Republic of Iran Customs Administration stand at over 170 trillion rials ($4.25 billion), of which import duties account for 125 trillion rials ($3.12…

During a meeting between the head of Majlis Domestic Production Support Commission and the head of Malaysian Parliament in Kuala Lumpur, the resolution of Iranian traders’ banking issues in…

As the Iranian banks move to connect to their international peers, some fundamental structural reviews are called for in order to strengthen their corporate governance and realign their…

Following the policy of promoting life insurance, the president of Central Insurance of Iran announced that the High Council of Insurance has issued the license for the establishment of another…

Iranian people, businessmen and policymakers must accept the rise in foreign exchange rates because the country’s inflation rate has been higher than the global average as well as the rate in…

The 13th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry opened in Tehran on Saturday.  According to Mohammad…

With up to 110 stage plays every year, Iranian theater is no longer a small-scale economic activity, a prominent theater director said.

Iran’s veteran steelmaker, Esfahan Steel Company, produced 1.27 million tons of steel products in the first seven months of the current fiscal year (March 21-Oct. 22), posting a 7.06% growth…

Tehran Stock Exchange’s main index added 23.70 points or 0.03% to end Saturday trade at 87,868.6.

About 1.36 billion shares valued at $46.045 million changed hands on Sunday.

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A total of 1,654 tons of coffee worth $4.25 million were imported from 14 countries, including the UAE, Vietnam, India, Indonesia, Turkey and Italy, during the first half of the current Iranian…

Around 12,300 hectares of citrus fruit orchards in Mazandaran have been insured in the current Iranian year (started March 21), registering a threefold increase compared with last year when…

Close to 215 tons of women’s socks worth 69.4 billion rials ($2.13 million) were exported from Iran during the five months to Aug. 22, figures released by the Islamic Republic of Iran Customs…