Economy

A lawmaker has opposed the proposal to establish a real-estate bourse in Iran, saying it would further destabilize the already sluggish housing market.

Ebrahim Nekoo, who serves on the…

Bank Saderat has opened a 662.93 trillion-rial ($20.3 billion at market exchange rate) credit line to finance six national development projects.

The final draft of a bill that seeks to reform the banking system will be given to the Cabinet for review soon.

The bill was drafted by the Ministry of Economic Affairs and Finance and the…

Non-performing loans, mammoth government debt to banks and capital assets of banks locked up in non-banking ventures are but a few reasons for Iranian banks to resort to lending from the Central…

Since September 2014 when the first construction fund, called Nasim, was established in Tehran, shareholders have achieved 9.3% in dividend growth, Donya-e-Eqtesad reported on Sunday.

Gartner Technology, a US-based research company, has reported their worldwide PC shipment numbers. According to the company, PC shipments totaled 68.4 million units in the second quarter of 2015,…

A research group at Canada's McGill University is using black phosphorus to present new generation of tiny transistors. The new study led by Dr. Thomas Szkopek and conducted by Iranian scientist…

The past three months have redefined the education technology market among startup companies. Concerns about free content from YouTube and educational nonprofits, as well as user engagement and…

The implementation of Resistance Economy—a set of guidelines advocated by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei to decrease the country’s reliance on oil exports—will…

Iranian workers are awaiting a decision by the government to increase housing allowance as part of their monthly salary.

“The proposal to raise the allowance has been sent to the Cabinet…

A s the Greek debt crisis reaches a crescendo, questions remain as to how the country found itself in its current dilemma.

Seven Iranian banks are connected to SWIFT, the international interbank messaging network, offering their clients a window to the global banking system, said the vice governor of the central bank…

Iran has $5.21 billion in foreign debt, and some $245 billion are circulating the economy, central bank statistics show. The country had $428 million in short-term debt and $4.78 billion in long-…

More than $4.62 billion worth of goods were exported to China, Iraq, the United Arab Emirates, India, Afghanistan, Turkey and Turkmenistan in the first two months of the current Iranian year (…

As negotiations between Iran and world powers get close to a final deal to end a dispute over Iran’s nuclear energy program and to consequently remove western sanctions imposed on Iran’s aviation…

Until further notice, chicken can be exported with no permit requirement from the Ministry of Agriculture, reported the Trade Promotion Organization of Iran. “Unlike previous years, we are facing…

Risk-taking is the key to success for traders in the Iraqi market, said deputy minister of industries, mining and trade in economic and business affairs. “By identifying and tackling trade…

The number of freight wagons at Imam Khomeini Port increased by 14% to 6,957 in the first quarter of the current Iranian year (started March 21) compared to the same period of last year, said…

A Chinese financing company has agreed to invest in Semnan Province’s mining sector, Mehr News Agency quoted the head of Industries, Mining and Trade Organization of the northern province, Behrouz…

Stock prices were oscillating between gains and losses at Tehran Stock Exchange on Saturday, with TEDPIX inching up 56.41 points or 0.08% to stand at 66,817.8 at the day’s close.

After the…

Policymakers and economic architects have lately expressed increasing interest in establishing a real-estate bourse. In their design, such a bourse would be mediated by the stock market,…

Eighteen new mines were discovered and readied for exploitation in Khorasan Razavi Province in the first quarter of the current Iranian year (started March 21), said the head of Industries, Mining…

The market for medicinal herbs, a multi-billion dollar industry throughout the world, remains largely untapped in Iran despite availability of a wide range of herbal plants.

An all-electric tractor-trailer hit the road in Munich, Germany—the first time such a large electric vehicle made by a European manufacturer has gone into regular service in Europe, according…

Foreign automakers from South Korea, Japan and the US will want to start operating in Iran again once Tehran and the six world powers clinch a final nuclear agreement, secretary of Iran Vehicle…