Economy

A report on Iran’s car, bus and truck production output indicates a 39.1% year-on-year growth during the first nine months of the current fiscal year that ends in March.

A local news…

In the closing two months of 2016 a new automotive website banban.ir entered the increasingly overcrowded online car sales market. Banban.ir, an Iranian-funded startup, does what many other sites…

The rial depreciated to 39,500 against the US dollar on Tuesday, a slide of 400 rials compared with the previous day, according to the Association of Bureaux de Change Operators of Iran…

The Central Bank of Iran is determined to create an appropriate environment for the operation of fintech companies, the director of CBI’s Department for Information Technology said.

Bank Mellat has issued more than $6 billion worth of payment orders since the implementation of Iran's nuclear accord with world powers last year, announced the bank's deputy for international…

The housing sector's share in the Iranian annual budget has garnered mixed reactions from members of the Majlis Civil Affairs Committee.

While some believe the share of the housing sector…

The government has allocated $2 billion to import 2,000 subway cars, the deputy interior minister for construction, urban and rural development said. “The move is in line with a bill passed by the…

Tehran Stock Exchange’s main index rose 14.80 points or 0.02% to end Tuesday trade at 78,983.7.

About 695 million shares valued at $97.1 million changed hands for the day.

Bafgh…

Iran has a broad variety of business and logistics attractions to offer. In the last few years, the Iranian government has actively sought to develop the logistics infrastructures and improve its…

The Iranian Privatization Organization says it will cancel the revocation of the privatization deal of the Telecommunications Company of Iran provided Mobin Trust Consortium (the majority…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh arrived in the Turkish capital on Tuesday at the head of a delegation to discuss ways of boosting trade ties with the neighboring…

Some $19 billion worth of non-oil products were exported from Bushehr Province in the south of Iran during the nine months to December 20, which shows a 20% increase compared with the…

A new research initiative at Stanford is bringing together experts to create independent data-driven analysis on the current state of Iran’s economy and what its future could look like.

Iran and Azerbaijan are boosting trade and transportation ties, following the new agreements reached during a joint intergovernmental commission held in Baku and Nakhchivan last week.

Administrators of channels “and similar services on social media” which have 5,000 or more followers are obliged to register their identity validation with the Ministry of Culture.

The head…

RighTel, the third largest mobile network operator is set to provide public WiFi services, according to an announcement by the company.

In an interview with ISNA, Majid Sadri, CEO of…

Researchers at the Gilan Science and Technology Park in northern Iran have developed a home-grown brain-controlled wheelchair, ISNA reported on January 2.

Babak Asheri, project manager,…

According to a new law in France, about half of that country’s workers could enjoy the “right to disconnect” from work email during their free time. The legal ruling, which took effect January 1,…

Bank Maskan, the agent bank of the housing sector, announced it has tripled its mortgage threshold. The bank now hands out loans of up to 600 million rials ($18,534) for applicants in Tehran and…

Lawmakers set the agenda for the housing sector over the next five years in their latest open session on Monday as part of policies set in the sixth five-year development plan (2016-21).  …

The Central Bank of Iran has outlined an innovative, flexible and strong future for the banking system in its “2021 Roadmap”, the bank's deputy for innovative technologies said.

The agriculture sector now accounts for 12% to 13% of Iran’s gross domestic product, up from 9% to 10% three years ago (when President Hassan Rouhani first took office in August 2013), according…

The preferential tariff agreement between Iran and Turkey has given rise to the export of cheap Chinese apparel from Turkey to Iran under the guise of Turkish brands, the head of Tehran Knitwear…

Iran produces 94% of all the saffron in the world, yet it accounts for only 60% of the global saffron trade.

“About 34% of the saffron cultivated in Iran are labeled and sold by other…

Value-added tax collection during the nine months to November 20 increased 35% compared with last year’s corresponding period, according to the deputy head of Iran National Tax Administration,…