Economy

Researchers from Google are testing a quantum computer with 72 quantum bits, or qubits, scientists reported at a meeting of the American Physical Society on Monday — a big step up from the…

The research arm of Iran's Parliament has recommended that the lawmakers approve the government's bill to undertake long overdue reforms in the banking system, but only if it is combined with…

The ban imposed by the Industries Ministry on import orders based on US currency seems to be a win for the European currency. 

Announced last week, the ban blocks imports priced in…

The governor of the Central Bank of Iran said on Monday Iran’s banking relationship with the outside world is incomparable with what it was before the nuclear deal was reached between Iran and…

Trade between Iran and France exceeded €3.69 billion in 2017, registering a 79.64% surge compared with 2016. This makes the country Iran’s second biggest trade partner from among the 28 member…

Iran has registered one of the notable changes on the index of Growth Promise Indicators in 2018 by jumping six spots compared to last year’s survey to score 4.13 out of 10 and rank 98 out of180…

About 43.72 billion cigarettes were produced in Iran during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19), registering an 8% rise compared with last year’s…

The Third Exhibition of Villagers and Nomadic Capabilities is scheduled to open in Tehran’s Permanent Fairground on Tuesday in the presence of First Vice President Es’haq Jahangiri.

According to a new regulation ratified by the Islamic Republic of Iran Customs Administration, mangosteen and papaya have been added to the list of fruits that can be imported into the country.…

East Azarbaijan Province exported 1.38 million tons of non-oil commodities worth $1.11 billion during the 11 months to Feb. 19, registering an increase of 21% and 30% in value and tonnage…

Trade between Iran and Malta stood at around €789,660 in 2017, registering a 28.62% decline compared with 2016. 

Iran had the lowest transactions with Malta from among the 28 member…

Tehran Stock Exchange’s main index lost 155.57 points or 0.16% to end Monday trade at 97,198.7.

About 1.14 billion shares valued at $49.70 million changed hands at TSE for the day.

Iran Fara Bourse has launched a merger and acquisition negotiation platform to facilitate the process of public assets’ privatization on the capital market and improve sales transparency, IFB’s…

More than 9.5 million tons of commodities were transited through Iran from the beginning of the current Iranian year on March 21, 2017, to March 1, 2018.

The capital market’s last days of the current fiscal year (ending March 20) are usually the busiest in terms of block sales, and this year is no exception.

Banks, mining companies and…

Iranian private automaker Bam Khodro unveiled a facelifted version of Geely GC6 on Saturday at Tehran's Olympic Hotel. 

The upgraded car is priced at 590 million rials ($12,500).

Negin Khodro, Renault’s official importer, announced that Renault Megane 2018 will make its return to the Iranian market in the next six months.

Negin Khodro CEO Jamshid Hosseini said on…

Toyota Motor Corp. will introduce a sweeping powertrain portfolio starting this spring, as part of a five-year overhaul to make its vehicles more fuel-efficient but sportier to drive. The engine…

Since the launch of the gold coin presale by the Central Bank of Iran on Feb. 17 to cool the market, some 600,000 coins worth 8 trillion rials($175 million) have been sold, the head of Banknote…

The Central Bank of Iran has prepared a set of policies for the monetary and foreign exchange markets, which will act as a blueprint for regulating these markets, the bank's deputy governor…

The Central Bank of Iran’s next regulatory framework document for fintechs dealing with personal finance and account information management will be publicly disclosed early next fiscal year that…

The 57th annual general meeting of the Central Bank of Iran was chaired by President Hassan Rouhani on Sunday, at which the president spoke of economic achievements during his tenure and what is…

Motorola’s Moto G6 was absent from last week’s Mobile World Congress, missing the obvious annual refresh timeframe after last year’s G5 was announced at the show. Presumably, the G6 and G6 Plus…

In recent months, the number of cellphones entering Iran through legal channels has more than doubled.

There has been a 160% year-on-year increase in the number of handsets entering the…

Out of the 22.67 million employees in Iran in the last Iranian year (ended March 20, 2017), 97.6% were Iranian and around 2.4% were foreign nationals living in Iran.

The total population…