Economy

As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to…

The past year has been especially difficult for Iranians working or studying in China due to financial issues, but new bank-related challenges seem to have arisen for Iranian citizens conducting…

Governor of the Central Bank of Iran Abdolnasser Hemmati late Saturday sat down with a group of economic experts and university professors to review the country’s latest economic developments,…

As Iran's October deadline to complete the Action Plan set forth by the Financial Action Task Force draws near, lawmakers are renewing efforts to pass the related bills sent by the government…

More than 209,650 tons of banana worth over $200 million were imported into Iran during the first five months of the current fiscal year (March 21-Aug. 22).

This shows a 28.49% and 11.41…

More than 113,000 tons of glassware were produced in the first three months of the current Iranian year (March 21-June 21), registering an increase of 15.9% compared with last year’s…

Of the 80,000 licensed production units in Iran, 68,000 or 85% are operating, a deputy minister of industries, mining and trade said.

“About 90% of the production units are small, 6% are…

The agricultural mechanization coefficient in Iran currently stands at its highest of 1.65 horsepower per hectare.

The coefficient is expected to increase to 2.1 hp/ha by the end of the…

Iran traded 9.48 million tons of non-oil commodities worth $6.16 billion with the UAE during the first five months of the current fiscal year (March 21-Aug. 22), registering a 2.08% and 3.39%…

The closure of Khorramshahr-Basra passenger shipping line is not related to recent conflicts in the Iraqi city, the deputy head of Ports and Maritime Organization said.

Hadi Haqshenas…

Iran Post CEO Hossein Nemati attended the Universal Postal Union Second Extraordinary Congress to vote on the proposed reforms to the structure of the organization.

Held from September 3…

A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed US tariffs on Chinese goods, the company told US trade officials, but gave no sign of an impact on…

Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut…

A part of banking hurdles facing Iranian citizens in South Korea have been resolved, as Woori Bank officials reassured that they are ready to “offer all banking services” to Iranian citizens…

Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its…

President Hassan Rouhani on Saturday weighed in on foreign exchange volatility that has seen the rial sink to consecutive record lows since April, saying that the crisis has been triggered by…

Iran exported 3,209 tons of shampoo worth close to $5.75 million during the first four months of the current Iranian year (March 21-July 22), based on the latest figures released by the Islamic…

The share of domestic manufacturers in the production capacity of stationery products has increased from 20-40% over the past two years, the head of Stationery and Engineering Equipment Sellers…

The first forum on opportunities for Iranian businesspeople, producers and service providers in Eurasia’s market is scheduled to be held on Sunday at the Islamic Republic of Iran Broadcasting…

Iran is one of the most significant member states of the United Nations' International Maritime Organization and is moving toward the objectives of this organization, IMO Secretary-General…

Iran traded 12.62 million tons of non-oil commodities worth $8.6 billion with China during the first five months of the current fiscal year (March 21-Aug. 22), registering a 15.63% decline in…

Goods worth $230 million produced in the northern Mazandaran Province were exported in the first four months of the current fiscal year (March 21-July 22) to register an increase of 14% compared…

India’s Commerce and Industry Minister Suresh Prabhu on Friday proposed to double trade with Iran in the next five years from the current level of $13.8 billion, an Indian official said.

Tehran Stock Exchange’s main index gained 1,914.49 points or 1.39% on Saturday to end trading at 139,628.7.

About 2.97 billion shares valued at $52.08 million changed hands at TSE for…

The 60th Damascus International Fair opened in the Syrian capital on Thursday after a five-year hiatus with the presence of 54 Iranian companies, Iran’s ambassador to Syria said.

Javad…