Economy

The Iran Chamber of Commerce, Industries, Mines and Agriculture has announced its readiness to steer Iran Insurers Syndicate to increase the share of private businesses in an industry suffering…

The total number of housing deals in Tehran reached 18,400 during the 11th Iranian month to Feb. 19, registering a 17.7% increase compared with the same month of last year, the Central Bank of…

Following the Financial Action Task Force’s latest decision, Iran’s Ministry of Economic Affairs and Finance issued a statement declaring that while it expected better results, the country will…

An Iranian business delegation led by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei is scheduled to visit Albania and Macedonia from April 23 to 26…

The Ministry of Industries, Mining, and Trade issued 13,974 permits for the establishment of industrial units during the nine months to Dec. 21, 2017, registering an increase of 16.9% compared…

Iran exported $5.57 billion worth of non-oil goods to Iraq during the 11 months to Feb. 19, the secretary-general of Iran-Iraq Chamber of Commerce said.

Hamid Hosseini also told…

Iran exported close to €10 million worth of commodities to Denmark in 2017, indicating a 37.7% rise compared with the previous year.

Imports of Iran from the European country last year…

More than 2 million tons of goods have been loaded and unloaded in Khorramshahr Port since the beginning of the current Iranian year on March 21, 2017, indicating a 130% jump compared with last…

Trade value at Iran Mercantile Exchange hit 1.03 quadrillion rials ($23 billion) during the first 11 months of the current fiscal year (March 21-Feb.

Iranian steelmakers exported 6.55 million tons of steel during the first 10 months of the current fiscal year (March 21, 2017-Jan. 20), posting a 48% year-on-year growth, according to the…

Iran National Steel Industrial Group’s workers will receive their delayed payments by the end of the current fiscal year (March 20), Majlis representative of Khuzestan Province’s Ahvaz City, Ali…

Although the price of cinema tickets in Iran is among the cheapest in the world, the number of Iranian movie-goers is small compared to many neighboring countries, let alone famous movie-…

Tehran Stock Exchange’s main index shed 96.63 points or 0.1% to end Sunday trade at 98,080.3.

About 884 million shares valued at $129 million changed hands at TSE for the day.

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When Apple Inc begins hosting Chinese users’ iCloud accounts in a new Chinese data center at the end of this month to comply with new laws there, Chinese authorities will have far easier access…

While officials claim that cellphone prices have dropped sharply, market observers dismiss the assertion saying that prices remain high.

Officials at the Telecoms Ministry in Tehran have…

A knowledge-based company located in Pardis Technology Park has obtained permits to produce anesthesia machines. CEO of Premier Electro Medical Care Company says his firm has received the…

Months after a meeting between Iran’s Leader Ayatollah Seyyed Ali Khamenei and Russian President Vladimir Putin in Tehran spurred officials and lawmakers to sideline the US dollar in Iran’s…

Talking about statistics, almost all economists promptly think of advanced econometric analysis and prediction of nonlinear relations in an uncertain atmosphere or recognition of important…

Rial continued its gain against the US dollar in Tehran's foreign exchange market, as the Central Bank of Iran pushed through with its rescue package to stabilize the currency that had lost a…

Iranian President Hassan Rouhani’s recent state visit to India has strengthened the prospects of India-Iran relations and raised India’s profile in the region.

Indian Prime Minister…

President Hassan Rouhani is scheduled to break ground on Phase 3 of Shahid Rajaee Port, Iran’s biggest container port at the mouth of the Strait of Hormuz in southern Hormozgan Province on…

The average goods and services Consumer Price Index for urban areas in the 12 months ending Feb. 19, which marks the end of the Iranian month of Bahman, increased by 9.9% compared with last year…

The Iranians’ overall declining purchasing power and excessive imports have pushed the Iranian textile industry into recession in recent years, the chairman of Tehran’s Wholesalers and Textile…

The Islamic Republic of Iran Customs Administration has allowed the pre-arrival declaration of imported commodities in Shahid Bahonar Customs Terminal of Bandar Abbas in the southern Hormozgan…

Members of parliament have set the highest increase in salaries for public sector employees in the next fiscal year (starting March 21) at 20%.