Economy

Most share prices have dropped to record lows, but fears of US sanctions snapping back and a discontent with foreign exchange rates seem to keep traders rooted in place.

Currently, a…

Publicly-traded companies on Tehran Stock Exchange and Iran Fara Bourse had a total of 9.6 trillion rials ($237.3 million) added to their share capitals during the first month of the current…

Tehran Stock Exchange reopened 39 frozen stock tickers and barred 29 others from trade during the first month of the current fiscal year (March 21-April 20), according to the latest TSE data.…

Iranian Tobacco Company has signed a memorandum of understanding with Pishgaman Pakhsh Arman Gostar Company as the representative of Philip Morris International to import and jointly produce…

Tehran Stock Exchange’s main index lost 511.43 points or 0.55% on Saturday compared to the day before to end trade at 93,100.7.

About 3.6 billion shares valued at $239.66 million changed…

More than 1.15 million tons of seafood were produced in Iran during the last Iranian year (March 2017-18), indicating a 5.5% increase compared with the year before, a deputy agriculture minister…

Iran and the Netherlands signed two memoranda of understanding during the second meeting of the joint agriculture commission that ended in The Hague on Friday.

The meeting was held in…

The average Producer Price Index in the 12 months ending April 20, which marks the end of the Iranian month of Farvardin, increased by 10.8% compared with last year’s corresponding period,…

Khatam al-Anbiya Construction Headquarters, an Iranian engineering company affiliated to the Iranian Revolutionary Guards Corps, will operationalize 40 major development projects worth 1,180…

Iran traded $1.09 billion worth of non-oil goods with Japan in the last Iranian year (ended March 20, 2018), 35.15% less compared to the year before, making the East Asian country Iran’s 16th…

Official figures by the Ministry of Cooperatives, Labor and Social Welfare show that a total of 220,533 people received unemployment benefits last year (March 2017-18), registering a 2.4%…

More than 70,000 tons of commodities worth $39.4 million were exported from the northern Gilan Province during the Iranian month ending April 20, which is up by 135% and 86% in tonnage and value…

The United States has filed criminal charges against former Volkswagen AG boss Martin Winterkorn, accusing him of conspiring to cover up the German automaker’s diesel emissions cheating, in a…

Days after the Tesla boss shocked Wall Street by completely dismissing critical questions from two analysts as “boring”, Elon Musk said on Friday it was “foolish of me” to ignore the queries.

Iran's gold demand more than tripled in the first quarter of 2018 while Saudi Arabia's dropped 15%, data released by the World Gold Council show. 

Iranians placed a lot more bets on…

The Central Bank of Iran has allowed Tejarat, Parsian and Mellat banks to join their peers Melli and Saman in operating as the authorized lenders of hard currency to importers, outbound tourists…

Iran is determined to sideline the US dollar in its financial dealings for the past few years and the country’s insurance industry is no exemption, as it has emphasized a shift toward euro both…

The inauguration of First Construction Industry Development Exhibition (CIDEX 2018) on May 1 coincided with the launch of the first phase of Iran Mall, an all-Iranian monumental project slated…

A radical “sovereign money” plan that would upend Switzerland’s traditional monetary system appears headed for defeat in a referendum next month, a poll showed on Friday, Reuters reported. The…

Uncertainty is in the air these days for Iran’s financial markets, especially stocks. 

Recent upheavals in the foreign exchange market, coupled with the looming political risks,…

The fate of Iran Air’s post-sanctions contracts with western planemakers depends on European’s reaction to US President Donald Trump’s expected decision to leave the 2016 nuclear deal, an…

After an 18-month hiatus, Tourism Bank returned to trading on Iran Fara Bourse on Tuesday, making it the first IFB-listed lender to unfreeze its shares in the current fiscal year (started March…

Air France is cutting its Joon subsidiary’s service between Paris and Tehran to the summer season only, blaming a poor economic performance over two years in operation.

“Air France has…

South Africa-based multinational mobile telecommunications company MTN faces the risk of not being able to repatriate about R4.6bn ($363 million) from Iran if US President Donald Trump persuades…

Prices for Iranian steel billet and slab exports decreased in the week that ended on May 2, with customers targeting lower prices because of unstable conditions in the global billet market.