Changes in Iranians' purchasing power have been assessed between the fiscal March 2009-10 and March 2013-14, the first and final year of former president, Mahmoud Ahmadinejad's term in office, as…
Economy
Economy
Wary of US President Donald Trump’s tough talk on Iran, the European Union is courting Tehran to signal its commitment to a nuclear deal and holding out the promise of its economic payoff ahead of…
Economy
About 80,000 tons of tea are brought into Iran every year, 30,000 tons of which are contraband, the head of Iran Tea Organization said.
Economy
The average salary of teachers has seen an 85% rise since the fiscal March 2013-14–the year Hassan Rouhani took office as Iran’s president, an official with the Ministry of Education said.…
Economy
The inflation rate registered by the health sector’s Producer Price Index grew by 0.3% in the Iranian month of Farvardin (March 21-April 20) compared with the same month of last year to hit 17.4…
Economy
New air routes extending over 5,200 kilometers have been launched in Iran, the head of Iran Airports Company said. “This will bring the total length of Iran’s air routes to 15,000 kilometers,”…
Economy
The official representative of Samsung Electronics in Iran is set to launch the sales of two new phones on May 4.
The presale of the latest Samsung flagship smartphones – the Galaxy S8 and…
Economy
The Ministry of Communications and Information Technology has denied it has blocked the live streaming function part of Instagram called Instalive following reports on social media suggesting that…
Economy
Tehran will host the first Iran 3D Printing Contest from April 30 to May 3.
The Vice-Presidency for Science and Technology has organized the event that opened at the International…
Economy
Turkey has blocked online encyclopedia Wikipedia, the telecommunications watchdog said, citing a law allowing it to ban access to websites deemed obscene or a threat to national security.
Economy
French construction company Vinci SA has signed a contract with Iranian firm Kayson Inc. to invest in the development of two Iranian airports, Iran Chamber of Commerce, Industries, Mines and…
Economy
As Iran reaps the benefits of sanctions removal and reintegration with the global economy, its banking system is struggling to resume and normalize ties before international restrictions choked…
Economy
The Central Bank of Iran has published statistics announcing the volume of marriage loans allocated by the banking system from the fiscal March 2009-10 up to the end of the last fiscal year (March…
Economy
Money supply reached 12.53 quadrillion rials ($335 billion) to register a growth of 23.2% in the previous Iranian year that ended on March 20, 2017, down from a 30% hike in the year before, said…
Economy
The Central Bank of Iran is eager to increase the banking system's interaction and collaboration with the Iranian Cyber Police, as this would help electronic banking, CBI's governor said.
Economy
India’s presence in the strategically located Iranian port of Chabahar—New Delhi’s primary gateway to landlocked Afghanistan—is all set to get a big boost.
Economy
The export of forest and rangeland soil is prohibited, but the soil obtained through industrial processing could be exported upon securing a permit from the Ministry of Industries, Mining and…
Economy
The average Producer Price Index in the 12 months ending April 20, which marks the end of the Iranian month of Farvardin, reached 5.4% compared with last year’s corresponding period, the latest…
Economy
Head of the Islamic Republic of Iran Customs Administration Masoud Karbasian and his Armenian counterpart, Vardan Harutyunyan, signed a bilateral customs information exchange protocol in Tehran on…
Economy
About 23% of all foreign direct investments since Hassan Rouhani became president in August 2013 have been made in small- and medium-sized enterprises located in Iranian industrial parks and zones…
Economy
A delegation representing the Industrial Development and Renovation Organization of Iran has signed a memorandum of understanding with Slovakia and three others with the Czech Republic to promote…
Economy
Tehran Stock Exchange’s main index gained 158.70 points or 0.20% to end Saturday trade at 79,755.6.
Over 896 million shares valued at $56.61 million changed hands for the day.
…
Economy
Khorasan Steel Complex’s newly-launched steel plant, with a crude steel output capacity of 700,000 tons/year, has doubled the steelmaker’s production capacity and made it join the ranks of Iranian…
Economy
Startups account for 0.8% of Iran’s gross domestic product, the deputy for education, research and technology with the Ministry of Industries, Mining and Trade said.
Economy
French automaker Renault has registered a rather unprecedented increase in sales in Iran in the first quarter of 2017
Renault Group said sales in Iran rose by 161.5% in the first quarter of…
Economy
