Economy

The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the…

Iran’s minister of communications and information technology has addressed the recent ban on cryptocurrency trade and efforts by the country to develop its own virtual currency. 

Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility and behavior when trusting their hard currency with them. Seif…

President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and…

Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated an MDF panel production plant in East Azarbaijan Province on Tuesday. Adopen Plastic Persian Industrial Company, which…

Mines operated by National Iranian Copper Industries Company produced a total of 1.14 million tons of copper concentrate in the last Iranian year (ended March 20, 2018) to register a 6% rise…

Iran is finalizing about €2 billion of investment from Europe in copper and steel projects despite threatened new US sanctions, a government official said on Wednesday.

"Early talks are…

Tehran’s equity traders faced concerns, as they began the second month of the year with three days of straight losses. 

However, Tehran Stock Exchange and Iran Fara Bourse rebounded…

US prosecutors in New York have been investigating whether Chinese tech company Huawei violated US sanctions in relation to Iran, according to sources familiar with the situation.

Since…

After hinting at a possible free trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports.

Russian Prime Minister…

Iran exported 181,097 tons of zinc products valued at $386.7 million during the previous fiscal year (March 2017-18), dropping 4.9% in tonnage and growing 46.9% in terms of value year-on-year,…

Keeping its promise to Iranian President Hassan Rouhani during his visit in February, the Indian government has started examining the feasibility of a preferential trade agreement with the…

Close to 26,580 tons of millet worth over 361.57 billion rials ($10.6 million) were imported in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…

A forum between Iranian and Macedonian businesspeople was held in Skopje on Thursday. 

The Iranian side was led by Chairman of Iran Chamber of Commerce, Industries, Mines and…

Top government officials, managing directors, members of the board of directors, provincial governors, as well as mayors and city councilors of provincial capitals will not receive a pay rise in…

Iran’s commercial exchanges with Pakistan reached $1.3 billion during the last fiscal year (March 2017-18), marking a rise of close to 15% compared to the year before, Iran’s ambassador to…

Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for US Prime subscribers, added US football…

Since Thursday Iranian Telegram users have been experiencing slower communications via the app which according to authorities is due to shutdown of the messaging service’s Content Delivery…

Iran’s ICT minister inaugurated several tech projects with the total cost of 1.67 trillion rials ($39.7 million) in the northwestern province of Ardabil over the weekend.  According to the…

Iran’s non-oil foreign trade in the first month of the current fiscal year (March 21-April 20) stood at $5.66 billion, indicating a 12% rise compared with last year’s corresponding period.

Payments to the Civil Servants Pension Organization accounted for the biggest part of the government’s expenditure in the first month of the current Iranian year (March 21-April 20). 

Iran's highest financial decision-making body has approved further cuts in interest rates to make the most attractive home loans cheaper and more affordable.

The entity also eased…

Iranian banks have shrunk by 0.3% in the previous quarter ending March 20 compared with the previous year, fulfilling a long-held target for an industry marked by overcapacity and rapid…

Iran’s First Vice President Es’haq Jahangiri on Wednesday sought to reassure importers that their currency requirements will be fully met by the government and spoke of the banking system’s new…

Secretary of the Association of Banks and Private Institution said banks have agreed on a number of schemes to support domestic production. Mohammad Reza Jamshidi also explained that these…