Economy

Key entities in Iran's government are preparing to officially endorse the import of hardware required to mine cryptocurrency in complementary efforts aimed at backing crypto mining to help an…

A senior banking official said the steep fall in the value of rial against the US dollar has strained banks’ balance sheets by dealing a blow to their capital levels. 

The Statistical Center of Iran has published its latest figures concerning construction permits, showing that the number of permits issued increased both across Iran and in Tehran during the…

The Market Regulation Headquarters has called for the speedy import of diapers amid rising shortage of the product in the domestic market. The call also extends to the import of raw materials…

Iran exported 117,103 tons of copper concentrates worth $115.43 million during the first five months of the current fiscal year (March 21-Aug. 22). This was announced in the Islamic Republic of…

The Iranian government says it is providing subsidized foreign currency to importers and producers of medicines to prevent the rise in prices, as the value of rial has taken a nosedive. 

The Islamic Republic of Iran Customs Administration has banned the export of notebooks, unprocessed and refined sugar, packaging sacks, derivative powders from milk and whey, casein, light and…

A total of 18.42 million tons of iron ore concentrate were produced in Iran during the first five months of the current fiscal year (March 21-August 22) to register a 19% growth compared with…

Tehran Stock Exchange’s main index lost 2,408.96 points or 1.52% on Sunday to end trading at 155,710.2.

About 4.96 billion shares valued at $98.46 million changed hands at TSE for the…

A $1 billion NASA mission that will use a laser to track changing ice levels on Earth soared into space early Saturday, launching into a predawn California sky on a mission that also marked the…

Samsung has announced a surprise event on October 11 for a new Galaxy device. The invitation teases “4X fun”. It is not entirely clear what device Samsung is teasing here.

Bank Maskan, the agent bank of Iran’s housing sector, has released the latest report on its resources and expenses, indicating that its customers mostly favor short-term deposits.

Former governor of the Central Bank of Iran, Tahmasb Mazaheri, has welcomed the action taken by CBI in establishing the Secondary Forex Market, adding that by doing this, the bank has accepted…

The government will start levying taxes on business owners' transactions processed through point-of-sale devices to combat tax evasion, the head of Iran National Tax Administration announced.…

After Iran, Russia and Turkey, three regional allies hit by US sanctions, discussed a possible replacement of the US dollar by national currencies last week, business figures in Iran are now…

Major Iranian steelmakers exported a total of 3.10 million tons of semi-finished and finished steel products during the first five months of the current fiscal year (March 21-Aug. 22) to…

Tehran Stock Exchange’s main index gained 3,058.12 points or 1.97% on Saturday to end trading at 158,119.2.

About 4.16 billion shares valued at $120.88 million changed hands at TSE for…

The Plan and Budget Organization of Iran signed a memorandum of understanding with the Ministry of Cooperatives, Labor and Social Welfare on Saturday to increase employment opportunities in the…

The United States is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after Nov. 4, US Secretary of State Mike Pompeo said on Friday…

Afghan security forces have arrested 13 individuals in Herat Province on charges of smuggling dollars to Iran.

Following the rapid decline of Afghan currency against the greenback,…

Iran’s major aluminum companies produced an aggregate of 151,691 tons of aluminum products during the first five months of the current fiscal year (March 21-Aug. 22), which indicates a 10%…

Pistachio farmers in Kerman Province have incurred losses of 30 trillion rials ($227 million) so far in the current Iranian year (started March 21) due to a drastic decline in production, the…

The Central Bank of Iran has released a new report on the retail prices of food items for the week ending Sept. 7.  

Out of the 11 groups, the prices of eight food groups…

An evolutionary, participatory plant breeding approach compatible with the Iranian environment has been successful in reducing vulnerabilities of small-scale farmers, improving crop yields and…

More than 296 tons of toothbrush worth close to $3.65 million were imported into Iran from nine countries during the first four months of the current Iranian year (March 21-July 22), the Islamic…