Economy

Alphabet Inc on Monday reported that expenses from its Google search business grew more slowly in the second quarter while revenue rose more steeply than analysts had anticipated, boosting…

It seems as if Samsung just leaked its next smart watch, the Galaxy Watch, on its US retail website, as first reported by CNET’s Scott Stein.  The model was a 42 mm rose gold version, and…

Iran exported 217,909 tons of tomatoes worth $74.2 million during the first three months of the current Iranian year (March 21-June 21).

Financial Tribune culled the above data from the…

The Ministry of Cooperatives, Labor and Social Welfare will be split into two separate ministries of “Social Welfare” and “Labor and Cooperatives” following the Cabinet’s approval on Sunday.…

Data from Iran’s Small Industries and Industrial Parks Organization show industrial estates across Iran have 33,012 production units, 7,875 of which (23.85%) have stopped operating and 11,807…

A total of $160 million worth of commodities were exported from Qazvin Province during the first three months of the current Iranian year (March 21-June 21) to register an 11% increase compared…

The Ninth International Iran AirShow is scheduled to open on Nov. 26 at Kish International Exhibition Center, the official website of the expo (www.iranairshow.com) announced.

The four-…

Iran traded 2.66 million tons of non-oil commodities worth $1.15 billion with India during the first three months of the current Iranian year (March 21-June 21), registering a 17.87% and 15.32%…

The average goods and services Consumer Price Index in the 12-month period ending July 22, which marks the end of the Iranian month of Tir, increased by 8.7% compared with last year’s…

Foreign exchange rates and gold coin prolonged their rallies on Monday, amid news of President Hassan Rouhani deliberating changes in his economic team, which will likely replace the governor of…

As we approach the first anniversary of the second term of President Hassan Rouhani’s administration in mid-August, the Ministry of Economic and Finance Affairs has released its performance…

Bank Maskan, the agent bank of Iran's housing sector, allocated a total of 30 trillion rials ($686 million) to all applicants during the first three months of the current fiscal year ending June…

The Central Bank of Iran, the lending sector’s top regulator, plans to use its authority to bring the rogue credit cooperatives into line within two months, the CBI’s deputy for supervisory…

Predictability in Iran's stock market these days is gone and investors are going down the rabbit hole with it. 

They still eye companies' performance, macroeconomic indices and…

Iran has described as “impossible” Sri Lanka’s proposal to clear its oil debts worth $250 million to Iran with tea. Lucille Wijewardena, chairman of Sri Lankan Tea Syndicate, said the offer made…

The Ministry of Industries, Mining and Trade issued 2,861 permits for the establishment of industrial units during the first two months of the current Iranian year (March 21-May 21), which shows…

Indian traders of basmati rice and tea have started to feel the heat from US sanctions looming on Iran.

Basmati exporters said new contracts are being delayed and the tea trade is…

Local automotive company Ramak Khodro, which used to import SsangYong cars into Iran, announced over the weekend that the company has clinched a deal with the South Korean firm to manufacture…

Iran’s flag carrier airline, Iran Air, has no plan to renovate its fleet with Russian-made Sukhoi jets, even now that buying aircraft from western planemakers has faced serious challenges amid…

More than 6 million tons of wheat worth 78 trillion rials ($1.8 billion) have been purchased from local farmers since the beginning of the current harvest season to shore up the country’s…

Iraq’s Agriculture Ministry had banned the import of Iranian garlic in 2015, which has now been lifted, said Iran’s commercial attaché to Iraq, Nasser Behzad, adding that it’s time to resume…

About 16,000 tons of seafood worth close to $50 million were exported from Iran during the first two months of the current Iranian year (March 21-May 21). Isa Golshahi, director general of…

More than 2,248 tons of cutlery worth close to $8.7 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…

Employment agencies are important pillars of economies worldwide, but they are in disarray in Iran not because they lack the required skills and expertise, but due to the mismanagement of…

Iran traded 1.7 million tons of non-oil commodities worth $1.45 billion with South Korea during the first three months of the current fiscal year (March 21-June 21), registering a 28.95% and 9.…