Economy

The Iranian banking system paid out 2.7 quadrillion rials ($67.6 billion) worth of loans to more than four million applicants during the first half of the current Iranian year (March 21-Sept. 22…

The head of Iran-Iraq Chamber of Commerce believes that the establishment of a joint bank could considerably facilitate bilateral trade between the two allies, in view of the significant volume…

Iran exported 2,318 tons of refined vegetable oil during the six months to Sept. 22, 284% higher compared to last year’s corresponding period, the Iranian Vegetable Oil Industry Association…

Around 347,000 tons of fresh green or dried bananas worth $267 million were imported into Iran during the first half of the current Iranian year (March 21-Sept. 22), registering a 40% rise in…

Iran is the biggest producer and consumer of footwear in the Middle East, the head of the Association of Managers and Experts of Iranian Shoe Industry (known as ASSOMES) announced.

The traditional method of conducting population census based on the nationwide survey of households will no longer be employed as of the National Population and Housing Census in the fiscal…

Head of the Iranian National Tax Administration Kamel Taqavi-Nejad said it’s perfectly legal for the administration to monitor banking transactions to prevent tax evasion.

Iranian iron ore miners exported over 8.69 million tons of granulated hematite iron ore with over 40% content worth $491.82 million during the first six months of the current fiscal year (March…

It’s tough to be a musician in Iran and tougher for music artists who resist the temptation to make money by pandering to popular demand. Add to it the economic challenges.

More than 93,800 public complaints against centers offering goods and services were filed at the industries, mining and trade organizations of provinces across the country during the first half…

Tehran Stock Exchange’s main index gained 49.70 points or 0.06% to end Sunday trade at 86,480.2.

About 586 million shares valued at $46.23 million changed hands for the day.

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A bipartisan group of US senators took the first steps this week toward regulating online political advertising in a manner similar to the way the government already regulates these ads in the…

The local fixed-line operator Telecommunications Company of Iran is set to unveil a new service called eWallet for facilitating online purchases, TCI’s vice chairman said.

Bahar Azadi gold coin fell by 100,000 rials on Saturday, changing hands for 12.01 million rials ($320) in Tehran’s market to witness the end of its short-lived rally that started after the Norouz…

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, on Friday announced that it has affirmed Iran’s long-term foreign and local currency sovereign ratings at…

Iranian exports are currently suffering as a result of an "illogical" endeavor by the government to keep the national currency, rial, strong against other foreign currencies, the head of Exports…

The Central Bank of Iran in its latest directive publicized on Saturday obligates all certified financial institutions to establish an independent compliance department, as it moves to plug the…

More than 650,500 tons of barley worth close to 3.82 billion ($117.21 million) were imported into Iran during the five months to Aug. 22, based on figures released by the Islamic Republic of…

Railroad entities of Iran, Azerbaijan, Russia and Belarus signed an agreement to expand the International North-South Transport Corridor. The corridor is a 7,200-km multimodal network of ship,…

A four-day exhibition of Iranian goods and services will be held in Istanbul on Oct. 25

Iran’s Minister of Industries, Mining and Trade Mohammad Shariatmadari and Turkish Economy…

South Africa’s Department of Trade and Industry and its Iranian counterpart will host the South Africa-Iran Business Forum at the Department of International Relations and Cooperation in…

The Islamic Republic of Iran Customs Administration incurred losses worth $625 million in the last Iranian year (March 2016-17) over the smuggling of cellphones into the county, the director…

Close to 16,000 tons of chicken meat worth more than 312.96 billion rials ($9.62 million) were exported from Iran during the five months to Aug. 22, figures released by the Islamic Republic of…

Iran’s National Export Day was marked in a ceremony held in Tehran on Saturday.

Tehran Stock Exchange’s main index scored 662.60 points or 0.77% to end Saturday trade at 86,430.6.

TEDPIX crossed its 45-month record high of 85,700.6 registered on Jan. 15, 2014. The…