Economy

“Privacy is not absolute,” said Five Eyes (US, UK, Canada, Australia and New Zealand) and tech companies will either have to give Five Eyes access to encrypted data, communications and devices…

The 35th world conference on science parks and areas of innovation kicked off on Monday in the central city of Isfahan.

Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected…

The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the…

The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies. 

According to reports from currency exchange houses…

Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within…

The Ninth International Beverages, Coffee and Tea industry Exhibition, also known as IBIE 2018, is scheduled to open at Tehran International Fairground on Wednesday, according to the event’s…

Constant changes in the prices of goods and services have become a new normal in the past several months. 

Retailers charge you more for the same item you bought as early as…

Director General of Iran Small Industries and Industrial Parks Organization Sadeq Najafi and South Korea’s Deputy Minister of SMEs and Startups Choi Su-gyu signed a memorandum of understanding…

Tehran Stock Exchange’s main index gained 1,579.95 points or 1.18% on Sunday to end trading at 135,256.1.

About 1.94 billion shares valued at $48.76 million changed hands at TSE for the…

The Exhibition of Cooperatives opened at Tehran’s Olympic Hotel on Monday in the presence of deputy minister of cooperatives, labor and social welfare, Hamid Kalantari.

Some 80 Iranian…

Producers of diapers now have to purchase the foreign exchange required for importing some of their raw materials through the Forex Deals Integrated System (known by its local acronym Nima).

More than 20,875 tons of sesame worth over $30 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22), latest data released by the Islamic…

Iran has a shortage of about 100,000 tires in its road transportation fleet, trucks in particular, a deputy minister of roads and urban development said.

More than 2.31 million tons of goods worth $1.16 billion were exported from the western Kermanshah Province during the first five months of the current Iranian year (March 21-Aug. 22),…

Iran traded 132,768 tons of non-oil commodities worth $54.31 million with Armenia during the first four months of the current fiscal year (March 21-July 22). This marks a 24.48% and 24.79%…

In a letter to the Islamic Republic of Iran Customs Administration’s Export Affairs Bureau, the Ministry of Industries, Mining and Trade announced that sugar export has been banned.

The…

Secretary-General of the United Nations International Maritime Organization Kitack Lim will visit Tehran to attend a ceremony to mark the 70th anniversary of the establishment of the…

Iranian security forces handed over 158 Pakistani nationals to their counterparts at the border checkpoint in Taftan of Chaghi district on Sunday.

The Pakistani nationals were in Iran to…

Ford Motor may cut up to 24,000 jobs and stop producing models such as the S-Max, Galaxy and Mondeo as it tries to revive its European business. Ford lost $73 million in Europe between April and…

Tesla had been aiming for a production rate of 6,000 Model 3 vehicles per week by the end of August and an overall production of 50,000 to 55,000 Model 3 vehicles throughout the third quarter.…

German carmaker Volkswagen said only half of its VW branded passenger car models in Germany are compliant with a new pollution standard, thanks to a much tougher emissions testing regime.

Latest figures from the Housing Savings Account, Iran’s cheapest homeownership initiative, show that it has managed to attract more deposits than it had initially targeted.

HSA was…

The government of Brazil is to allocate $1.2 billion for maintaining its considerable economic and trade ties with Iran in the face of reinstated US sanctions.

According to the Latin…

The currency and gold coin markets heated up again on Sunday, keeping up a rally that started from the beginning of the trading week on Saturday. 

The rally was apparently sparked…