Economy

The third batch of equipment for the development of the southeastern Iranian port of Chabahar worth more than €16 million was delivered on Wednesday. 

The batch includes two “…

The government has handed over 4,131 abandoned development projects to the private sector, the head of Planning and Budget Organization of Iran said.

Iran and Italy have signed an agreement based on which Italian professors will teach the science of rail transportation to Iranian students.

The agreement was signed by the Italian…

Iran continues to remain a top performer in a global deal to cut oil supplies as data by OPEC showed the country pump around 3.82 million barrels per day for a second consecutive month in…

Minister of Roads and Urban Development Abbas Akhoundi believes that instilling a change in the outlook toward devising the housing policy and looking at life qualitatively, rather than…

Shortly after Iran and Turkey signed a draft of currency swap agreement, Governor of the Central Bank of Iran Valiollah Seif hailed the fact that the country has managed to reverse its banking…

Iran and Ghana discussed different aspects of expanding banking relations during a meeting between the CEO of the Export Development Bank of Iran Ali Salehabadi and the chief executive of Ghana…

The government spokesman has announced that the administration is against any irrational devaluation of rial against the US dollar since its policy is to manage the rates of foreign currencies…

Gold in Iran rose on Tuesday as the price of the precious metal had significant fluctuations in international markets.

Gold rose 1.16 percent to 9.25 million rials a gram by 2 PM GMT in…

Tehran Stock Exchange’s main index gained 122.80 points or 0.15% to end Tuesday trade at 84,734.4.

About 448 million shares valued at $59.31 million changed hands for the day.

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As the Iranian economy grew remarkably in the last fiscal year (March 2016-17), the Gini coefficient remained the same compared to that of the preceding year, according to the Statistical Center…

Azimut Group signed an agreement on Monday to acquire a 20% stake in Mofid Entekhab, an asset management company in Iran.

Mofid Entekhab is a subsidiary of Mofid Group, the largest…

More than 79,000 tons of potatoes worth around $19.4 million were exported from Iran in the five months to Aug. 22, an official with the Ministry of Agriculture said.

A total of 3,259 tons of mu’assel were imported into Iran during the first half of the current Iranian year (March 21-Sept. 22), indicating a 34% decline compared with the similar period of last…

Major Iranian mining companies produced 169.17 million tons of mineral products during the first half of the current Iranian year (started March 21), registering an 8.45% growth compared with…

Iran exported more than $3 billion worth of commodities to the neighboring Iraq during the six months to Sept. 22, Hamid Hosseini, secretary-general of Iran-Iraq Chamber of Commerce, said.

The Ministry of Telecoms will grant loans to local mobile-app developers. According to the website of the ministry, Iranian mobile app developers can apply for loans up to 150 million rials ($3,…

In a series of tweets, Microsoft’s Corporate Vice President for Windows Joe Belfiore has revealed that the software giant is no longer developing new features or hardware for Windows 10 Mobile…

Google has discovered Russian operatives spent tens of thousands of dollars on ads on its YouTube, Gmail and Google Search products in an effort to meddle in the 2016 US presidential election, a…

A local startup has launched a website offering advertising services to online retailers through ‘Influencer Marketing’.

The website ‘Kaardorost.com’ (adept in Persian) makes use of…

Close to 4.86 million tons of goods were transited through 32 active land and sea border crossings across the country during the six months to Sept. 22, registering a 27% increase compared with…

Shaparak Company, Iran’s national payment network operator, has reportedly notified all payment service providers in a letter that regulations concerning fees will be overhauled.

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The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.

Nilson Report, a credible source of news and analysis of the global card and mobile payment industries, has published its latest list of top 150 payment services providers in the world, which…

The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.