Economy

The housing sector has entered its "first phase of recovery" and is on the threshold of a pre-boom trajectory that should eventually lead to an upturn, according to a leading real estate expert.…

A total of 5,000 tons of sesame seeds worth close to 216.5 billion rials (nearly $5.8 million) were imported during the first month of the current Iranian year (started March 21), according to…

Exports to Kenya and Tunisia increased by 18% and 22% respectively in the last Iranian year (ended March 20, 2017) compared with the year before, Trade Promotion Organization of Iran announced.…

Iran is shipping 1,100 tons of fruits and vegetables to Qatar every day after Persian Gulf countries led by Saudi Arabia cut relations with Doha.

Saudi Arabia, the UAE, Bahrain and Egypt…

The goods and services Consumer Price Index for urban areas increased 7.4% in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, compared with last year’s…

Close to 290,000 tons of bitumen worth 1.76 trillion rials ($47.08 million) were exported from Iran in the first month of the current Iranian year (March 21-April 20), the Islamic Republic of Iran…

Iran’s largest steelmaker, Mobarakeh Steel Company, has started the test run of its 5-million-ton per year iron ore pelletizing plant in Sangan mineral zone in northeastern Iran, Iranian Mines and…

The Ministry of Roads and Urban Development’s proposal for a 2% rise in taxes on road transportation of goods from the current 3% to 5% to boost rail transit will hit production hard, the head of…

Mouteh Gold Mine produced 65 kilograms of gold ingots during the first two months of the current Iranian year (started March 21), registering a 48% growth compared with last year’s corresponding…

Deputy Minister of Industries, Mining and Trade Mohsen Salehinia has declared that a longstanding recession plaguing the Iranian industrial sector is now a thing of the past.

Tehran Stock Exchange’s main index lost 730 points or 0.9% during the week that ended June 21 to close at 78,736.

The smaller over-the-counter Iran Fara Bourse’s benchmark, IFX, gained 1.1…

The prices of imported hot-rolled and cold-rolled coils in Iran remained unchanged over the past week.

With the holy month of Ramadan coming to an end, buying activity has resumed, with a…

The trilateral engagement involving India, Iran and Afghanistan discussed during the visit of Indian Prime Minister Narendra Modi to Iran in May 2016 expanded avenues of trade for India with Iran…

India fired a rocket carrying 31 small satellites into space on Friday, several of them for European countries looking for high resolution earth images, underlining its strength as a low-cost…

Founder of Anetwork, an Internet advertising firm, has castigated the director of the ICT Guild Organization, Naser-Ali Sa’adat, for opposing the establishment of the Iranian Guild for Online…

FANAP ICT Company, owned by Pasargad Financial Group, has received license to operate as a Mobile Virtual Network Operator (MVNO).

The government announced two years ago that companies…

The International Coordinating Council of the Man and the Biosphere (MAB) Program of UNESCO has named Iranian Amirhosein Mosavi as one of the recipients of the 2017 Young Scientists Awards.

Iran’s Qeshm Air has unveiled a preliminary agreement with Boeing to buy 10 B737Max passenger jets.

The airline’s CEO Mahmoud Shekarabi says the…

Two private Iranian airlines have signed memoranda of understanding with European aerospace giant Airbus to purchase a total of 73 brand-new jets. 

Iran Airtour signed a deal for…

Iranian private bank Sina has opened accounts in the Spanish Ares Bank and Italian Banca Popolare di Sondrio, the bank’s website announced. According to a statement by Sina, the lender has…

Iran’s insurance industry has significantly improved in recent years, as its penetration rate grew by 0.5% to reach 2.2% during the year to March 20, 2017, said the president of Central Insurance…

The 27th annual Conference on Monetary and Foreign Exchange Policies will be held in Tehran on July 1-2 with a focus on financial stability, the head of Monetary and Banking Research Institute—the…

The Money and Capital Markets Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture held a meeting on Saturday to weigh in on the requirements of the long-overdue plan to unify…

Tehran Stock Exchange’s main index lost 131.30 points or 0.17% to end Wednesday trade at 78,736.2.

Trading at TSE and Iran Fara Bourse startS on Saturday and endS on Wednesday.

About…

The stock market was dealing with a great deal of ambiguities during the last days of the 10th government (the second term of former president, Mahmoud Ahmadinejad), as petrochemical feedstock…