Economy

Iran’s annual total-factor productivity index during the fiscal 2005-6 to 2016-17 hovered around zero, suggesting the neutral role played by productivity in the country’s economic growth.…

Shalamcheh border crossing, which connects Iran’s southwestern Khuzestan Province to Basra in Iraq, is open and operating normally, Iranian and Iraqi officials said in reaction to reports…

The turmoil at Tesla Inc. has reached a fever pitch, with the news that two senior executives are leaving Elon Musk’s electric-car maker emerging hours after he wielding a sword behaved…

Lyft has launched a fleet of electric scooters in Denver, stepping squarely into the rapidly growing scooter-sharing market so far dominated by the likes of Bird and Lime. Uber is expected to…

A review of data by the Central Bank of Iran shows that residents of Tehran, the bustling capital city accounting for roughly half of all home sales in the country, increasingly favor smaller…

The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national cryptocurrency, which move saw Bitcoin’s price briefly spike to…

A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the…

Iran’s rial recouped some of its losses after hitting a record low against the US dollar on Thursday on the open market, according to reports, as the economy continues to face pressure from the…

Around 61.7 million tons of goods were loaded and unloaded in Iranian ports from March 21 to Sept. 4, registering a decline of 9.2% compared with last year’s corresponding period, managing…

Customs clearance process for imports is back to normal following the announcement that 3,479 items have become exempt from exchange rate difference surcharge, the head of the Islamic Republic…

New developments in the Iranian capital market seem to have stemmed in large part in the mercantile exchange. The same trend was seen last week with the oil-product pricing conundrum. 

The 12th International Iran Plast Exhibition is scheduled to open at Tehran International Fairground on September 24, according to the event’s official website at Iranplast.ir.

Organized…

You would not know it from reading the news, but the Iran nuclear deal is still alive. 

The Europeans, however, are faced with an impossible task: to preserve an international…

Some 800,000 tons of apples have been exported from Iran since the beginning of the current Iranian year on March 21, which is a record high, an official with the Ministry of Agriculture said on…

More than 421 tons of pencil sharpeners and blades worth $3.23 million were imported into Iran from 15 countries during the first four months of the current Iranian year (March 21-July 22), data…

Iranian government’s fight with hoarding is heating up. 

Back-to-back reports being published on police confiscating goods in warehouses across the country are meant to assure…

Iran traded 314,972 tons of non-oil commodities worth $81.41 million with Kazakhstan during the first four months of the current fiscal year (March 21-July 22), registering a 95.46% and 37.64%…

Two Iranian startup accelerators Avatech and Shezan, along with shared office space provider Zavie Co and startups consultancy agency Noava, have been merged and will operate under the name…

The European Union has given Apple’s Shazam acquisition its approval after launching an investigation into the deal earlier this year over concerns that the purchase could be anticompetitive.…

Broadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc’s new iPhones is expected…

More than 616 tons of raw materials to produce infant formula worth $2.95 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22).

The…

Iran exported 4,586 tons of soybean oil worth $7.39 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…

Turkmenistan has banned transit trucks heading from Iran’s Lotfabad Customs Terminal in Khorasan Razavi Province’s Dargaz County to Tajikistan though its territory. Ali Akbar Shamani, director…

Despite the decline in the volume of Iran’s non-oil exports during the first five months of the current fiscal year (March 21-Aug. 22), export revenues have increased.

Iran traded 47,555 tons of non-oil commodities worth $65.92 million with Vietnam during the first four months of the current fiscal year (March 21-July 22). This registers a 50.75% and 40.98%…