Economy

The Ministry of Roads and Urban Development has devised a nine-point action plan to help balance the housing market that has seen more than its share of ups and downs in recent months as the…

Iran and Russian central banks signed agreements to boost ties on new financial and monetary fronts as part of the latest Iran-Russia Banking & Financial Group Meeting on Thursday. …

The Central Insurance of Iran, the industry’s main regulator, signed an agreement with the Russian National Reinsurance Company on Wednesday. It provides for greater engagement between the two…

Iran Veterinary Organization imported 10 million doses of avian flu vaccines during the last three weeks, IRNA quoted Karim Ghanei, the authority in charge of IVO’s Taskforce to Fight Aviation…

The Islamic Republic of Iran Customs Administration has announced a ban on the export of 18 agricultural products “until further notice” as per a directive issued to all customs bureaus on July…

Interest rates on loans to small-sized enterprises will be cut by 8% as per a memorandum of understanding signed between the Ministry of Industries, Mining, and Trade and the Central Bank of…

Germany’s foreign minister said on Friday world powers would not be able to fully compensate for companies leaving Iran due to new US sanctions, but warned Tehran that abandoning its nuclear…

Weekly rollercoasters are becoming a familiar sight in Tehran stock markets. In the week before last, positive market signals were conspicuous as trade volume stayed strong compared to the…

Iranian Mines and Mining Industries Development and Renovation Organization invested 1.14 trillion rials ($27.2 million) in mineral exploration projects in the last fiscal (March 2017-18),…

Donald Trump’s new envoy to Berlin is on a campaign to remind Germans that the business of America is business.

Azerbaijan and Iran signed a protocol on international road transport during a session of the Azerbaijan-Iran Joint Commission in Tehran attended by the head of the Azeri State Road Transport…

Europe’s ATR is urging the Trump administration to unblock the export of about six regional planes to Iran, warning of “serious damage” to its finances from the breakdown of deals negotiated…

Supporting startups has been on top of President Hassan Rouhani’s agenda since he assumed the mantle of the government in 2013. One of the government entities spearheading the efforts has been…

South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely…

Iran’s total non-oil trade with Balkan states in the last Iranian year (ended March 20, 2018) witnessed declines of 79.55% and 9.64% in tonnage and value respectively compared with the year…

The UAE has ordered brokers and other financial institutions to identify and freeze the assets of nine individuals and businesses accused of funding Iran’s Islamic Revolutionary Guards Corps.…

Tehran Stock Exchange’s main index gained 143.62 points or 0.13% on Wednesday to end trading at 112,490.1.

About 1.83 billion shares valued at $103.63 million changed hands at TSE for…

Underlining the importance Oman places on Iran as a trade partner, the management of Ithraa, Oman’s investment promotion and export development agency, hosted 50 Iranian business representatives…

The General Inspection Organization of Iran has set up an inquiry to identify and declare the culpability of those behind recent disruptions in the automotive, housing, foreign exchange and gold…

Capital Intelligence, the international credit rating agency, believes that a strong and comprehensive risk-based supervisory system is essential to ensure the soundness of Iran’s insurance…

The value of home loans has not increased in line with recent skyrocketing prices, drastically eroding the purchasing power of Iranians and contributing to a downturn in housing sales.

The long-expected secondary foreign exchange market officially commenced work while exchange bureaus remain barred from physical trading in hard currency. 

A total of 2.44 million tons of oil and non-oil products were transited through Iran during the first three months of the current Iranian year (March 21-June 21), which register a 6% rise…

Some 7 trillion rials ($166.66 million) were spent on the construction of 19 industrial parks and an industrial town in the last Iranian year (ended March 20, 2018), the head of Iran’s Small…

As many as 400,000 people have enrolled for Friday’s recruitment exam for public services posts, the head of Administrative and State Recruitment Organization said. 

“A total of 18,…