Economy

More than 9.04 trillion rials (about $239 million) were invested in Qeshm Free Zone in the last Iranian year that ended on March 20, 2017, registering a 51% rise compared with the year before, the…

An insurance scheme has been launched for border couriers, a member of parliament, Rasoul Khezri has announced. Up to 18,000 border couriers are expected to be covered by an insurance program…

Close to one-third of Tehran Stock Exchange’s total market capitalization is held by 10 companies.

For the fifth time, Iran Privatization Organization failed to attract a buyer for an equity stake of Esfahan Steel Company.

When Iran signed its landmark deal with world powers in 2015, curbing its nuclear program in exchange for sanctions relief, many expected an investment gold rush.

But despite thousands of…

Tehran Stock Exchange’s main index shed 26.70 points or 0.03% to end Tuesday trade at 78,632.5.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About…

The Intex brand does not have much name recognition beyond India’s borders. In fact, the Indian smartphone maker has even struggled to compete in its home market — pushed aside by global players…

The 23rd International Exhibition of Electronics, Computer and E-Commerce (Elecomp 2017) will be held July 21-24 with hundreds local and foreign firms attending.

One of the prominent…

The Iranian Space Agency (ISA) has ended a planned launch of the low earth orbiting Mesbah telecommunications satellite citing formidable costs as the key reason.

Head of ISA said that due…

Nokia and Mobile Communications Company of Iran (MCI), the largest mobile network operator in the country, have signed a memorandum of understanding for developing 5G technology in Iran.

5G…

Dubai-based Souq.com, the United Arab Emirates’ biggest online retailer, says its sale to US-based Amazon has been completed. Souq.com said on Monday that users now could log into their website…

Iran’s national rail company, the Islamic Republic of Iran Railways, will sign a €1.2 billion deal with its Italian counterpart on July 11 to build a high-speed railroad between the cities of Qom…

The Center for Economic Research and Studies with the Iran Chamber of Commerce, Industries, Mines and Agriculture in a comprehensive report, has explored the role of monetary policy in economic…

The administration of President Hassan Rouhani will implement the longstanding policy of unifying Iran’s dual foreign exchange regime “at the first possible opportunity”, which will likely be…

Bank Melli Iran is set to gradually shed its excess assets currently worth 27 trillion rials ($714 million) after the clearance of legal hurdles, BMI’s deputy for logistics announced.

“In…

With interest rates once again in the spotlight, the head of Monetary and Banking Research Institute has proposed three strategies to deal with the punishingly high borrowing rates.

…

The Central Insurance of Iran has developed a draft version of regulations regarding marketing and selling insurance policies both online and via mobile applications.

Iranian Privatization Organization’s first tender of the current fiscal year (started March 21) failed to attract any buyers, an advisor to the head of IPO said. “The tender process failed to…

Each Iranian worker’s efficient working hours stand at 2 hours daily on average as per the most optimistic estimate, the Research Center of the Islamic Republic of Iran Parliament said.

The…

Iran’s exports to Morocco in March 2016-17 fiscal year increased by 320% compared to the year before to stand at $42 million, the Trade Promotion Organization of Iran’s Arabic-African Affairs…

Close to 5 million tons of non-oil products worth $2.47 billion were exported from the Pars Special Economic Energy Zone during the three months to June 21, indicating a 15% rise in volume…

A new portal outlining rules and regulations pertaining to economic and business activities in the Islamic Republic of Iran has been launched at the request of Tehran Chamber of Commerce,…

Tehran Stock Exchange’s main index shed 106.10 points or 0.13% to end Monday trade at 78,659.2.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About…

About 2,100 tons of zinc ingots valued at $5 million were exported from Hormozgan Province to Europe and East Asia during the first quarter of the current fiscal year (started March 21),…

The Iranian banking conundrum is getting more complicated every day.

The Central Bank of Iran’s officials have announced plans to merge several failing banks, causing many depositors to…