Economy

From around 98,000 economic and industrial production units, only 2,000 or about 2% have a research and development department. 

This is a huge gap that should be bridged if…

The construction of an industrial city will soon start near Parvizkhan Border Checkpoint between Iran and Iraqi Kurdistan.

“The industrial city, to be constructed on a 125-hectare plot,…

All banks and credit institutions in Iran allocated 1.17 quadrillion rials ($27 billion) as loans during the first three months of the current fiscal year to June 21, up by 16.3% in comparison…

Mortgage loans for homes located in dilapidated parts of cities accounted for 13.2% and 13% of the total number and value of home loans, respectively, following a popular mortgage initiative by…

After a period of calm, the US dollar is once again surging in the unofficial market along with other major currencies against the rial. 

The forex rally is joining hands with gold…

Iran’s second-largest auto producer has started the underwriting process of its 390-trillion-rial ($92.8 million) worth of Islamic bonds on Tehran Stock Exchange. Starting Saturday, the process…

Average yield to maturity in the Iranian debt market has jumped in recent months and is now hovering above 27%.

The uptick is mainly due to lower demand for bonds caused by the growing…

Isfahan International Airport’s parking project has started with the aim of increasing the airport’s parking capacity from 10 to 23 airplanes, the director general of Isfahan Province Airports…

Women accounted for 232,661 or 63.54% and men for 133,509 or 36.46% of all the participants in the fifth edition of recruitment exam for public services posts held on July 6, the top counselor…

Some 1.8 million tons of oranges were produced in Iran during the last Iranian year (March 2017-18), more than 16,700 tons of which were exported.

The announcement was made by Tehran…

Tehran Stock Exchange’s main index gained 535.28 points or 0.49% on Sunday to end trading at 108,830.8.

About 1.34 billion shares valued at $170.66 million changed hands at TSE for the…

Lighting up the deep overnight sky, a SpaceX Falcon 9 rocket roared away from Cape Canaveral early Sunday, boosting a heavyweight communications satellite into orbit while its upgraded first…

A meeting has been held between Iranian and European startups, knowledge-based firms and investors at Iran-Europe Business Center in Berlin aimed at fostering collaborations and expanding…

The local accelerator Novintech is set to hold a Q&A session intended to provide startups and young entrepreneurs with proper business counsel and finance tips. Starting on July 27, several…

Iran exported 27,227 tons of evaporative coolers worth $75.71 million during the first three months of the current Iranian year (March 21-June 21).

The above data were culled by…

Tehran accounted for 58% of government’s tax revenues (560 trillion rials or $12.87 billion) in the last fiscal year (March 2017-18), Mohammad Reza Nouri, the director of Tax Administration of…

The private sector will file a complaint against the government for the repeated power outages of recent weeks, the deputy head of Industries, Mines and Trade House of Iran said.

One of the wonders in this day and age, in Iran, is the formation of a taskforce to intensify the fight against hoarding to help maintain market balance by the Ministry of Industries, Mining and…

Iran traded 1.58 million tons of non-oil commodities worth $791.4 million with Afghanistan during the first three months of the current Iranian year (March 21-June 21), registering a 5.13% and…

An initiative by the Social Security Organization to extend employee insurance coverage to online businesses will take effect shortly, the deputy head of SSO for insurance affairs said. SSO is…

Majlis Economic Commission, a major force in Iran's Parliament, is committed to ensure the passage of pending bills aimed at completing its action plan with the Financial Action Task Force, a…

Confirming rumors of an imminent change in the Central Bank of Iran’s policy to allocate subsidized currency to outbound tourists, the head of CBI’s Forex Policies & Regulations Department…

Tehran Stock Exchange’s main index gained 518.92 points or 0.48% on Saturday to end trading at 108,295.5.

About 786 million shares valued at $32.40 million changed hands at TSE for the…

Bulls at Tehran stock market are exhausted, as bears keep swiping indices and prices down. 

Last month's meteoric rally seems like a bygone memory after a huge plunge, an…

The supply of currency to the Secondary Forex Market will decrease in the coming months, as export gains will fall due to the government’s current approach toward exports and the rising demand…