Economy

The 20th meeting of Iran-Pakistan Economic Commission is scheduled to convene in Tehran on April 16-17.

A Pakistani delegation headed by Minister of States and Frontier Regions Abdul Qadir…

The new bylaw on corporate governance in Iranian insurance companies has been devised and will be implemented soon, announced the president of Central Insurance of Iran.

 An agreement on Banking and Payment Arrangement has been signed by the State Bank of Pakistan and the Central Bank of Iran in Tehran on Friday.

Riaz Riazuddin, deputy governor of SBP…

The Social Housing Plan will become operational in two months, the deputy for municipal affairs with the Islamic Revolution Housing Foundation said. "After the notification of its budget, the plan…

Foreign Minister Mohammad Javad Zarif heralded better days for Iran's economy as a result of the opportunities emerging on the back of the Joint Comprehensive Plan of Action—the formal name…

Tehran Stock Exchange’s main index gained 250.90 points or 0.32% to end Saturday trade at 78,383.3.

Close to 1.44 billion shares valued at $120.5 million changed hands for the day.

…

Iran did not change its import duty for steel and export duties for iron ore, despite previous announcements, according to the latest annual import-export regulations published by the country’s…

Iran’s square billet exporters have returned to the market with new tenders after the holiday period and closed a number of deals.

Higher demand was also seen in the Middle East, as…

Accidents on Iran’s roads cause thousands of deaths and injuries every year, and cost the country’s economy billions of dollars.

As Iran Chamber of Commerce, Industries, Mines and…

New gold, iron ore and molybdenum veins have been discovered in Qizil Uzan mineral zone located in the northwestern Ardebil Province, an official with the Iranian Mines and Mining Industries…

Iran’s two major coal companies extracted 1.68 million tons of coal and produced 602,958 tons of coal concentrate in the last fiscal year (March 2016-17), which indicates a 21% and 12.95% growth…

Russian carmaker Sollers said it had turned a profit of 1.6 billion roubles in 2016 ($28.02 million), versus 3.1 billion roubles in 2015 following a slowdown of the Russian automotive market due…

Six months after rumors circulated on the possible entry of Indian-owned British-built Jaguar Land Rover to Iran, the company has confirmed it is coming with more than half a dozen new SUVs and…

Turkish automotive production increased by 23% year-on-year, producing 157,729 vehicles in March according to data provided by the Ankara's Automotive Manufacturers Association.  Production…

Tehran Stock Exchange's benchmark index gained 472 points or 0.6% during the trading week that ended on October 12 to close at 77,655.

TSE trading week begins on Saturday and ends on…

Iranian banks' loan portfolio expanded by 40% during the year to March 20 despite grappling with a credit shortage, said the governor of the Central Bank of Iran.

The Central Bank of Iran has responded to a media story accusing the government of monetary indiscipline.

A report titled “Record 157% Increase in Government Borrowing from Central Bank”…

President Hassan Rouhani’s administration is focused on revitalizing the beleaguered housing sector and its intermediate sectors to get them out of their years-long recession, the minister of…

The number for empty residential units in Tehran is not accurate, the head of Tehran Association of Realtors said. “A majority of empty homes are located on Tehran’s outskirts while homes…

Iran Air could take delivery of at least one new Boeing 777 aircraft in the next few weeks–the first new aircraft it will have received from the US company in decades.

It is estimated that between 180,000 and 220,000 tons of colza will be produced in the current Iranian year (started March 21) from 130,000 hectares of land, an advisor to agriculture minister…

Some $12-13 billion worth of goods are estimated to have been smuggled into the country over the past Iranian year (March 2016-17) down from $15.5 billion compared to the previous year,…

Close to $350 million worth of Iranian hand-woven carpets were exported in the last fiscal year (March 2016-17), registering a 27% increase, the head of Iran’s National Carpet Center said. “Our…

The government’s monthly grant of cash subsidies to families and individuals with limited resources who receive aid from the State Welfare Organization and Imam Khomeini Relief Committee will rise…

Buying activity in Iran’s flats market demonstrated some improvement after the New Year’s holidays, mainly amid buyers’ need to replenish stocks.

The rise in demand was seen mostly for the…