Economy

A first-of-its-kind advanced X-ray machine, capable of scanning 120 containers per hour, has been installed in Iran’s Shahid Rajaee Port in the southern Hormozgan Province at a cost of 320…

Iran on Tuesday handed about 60 Pakistani nationals to the Pakistani authorities at the Taftan border crossing in Balochistan.

The deported Pakistanis, who were arrested from different…

Iran Airports Company registered 36,536 takeoffs and landings during the Iranian month ending Jan. 20, which shows a 15% rise compared with last year’s corresponding period.

Close to 4.…

The 25th Conference of Iran’s Maritime Organizations has been rescheduled and will be held at Tehran’s Eram Grand Hotel on Feb. 13, the head of Maritime Organizations’ Coordination Secretariat…

Iran exported $2 billion worth of goods to Afghanistan during the 10 months to Jan. 20, unchanged compared to last year’s corresponding period, the head of Trade Promotion Organization of Iran’s…

Afghan intelligence officials on Tuesday confiscated 25 tons of chicken meat after being smuggled into the western Herat Province from Iran.

The driver of the vehicle carrying the meat…

South Korea will provide $300,000 worth of humanitarian aid to Iran, which was recently hit by a massive earthquake that left hundreds of people dead, the Korean Foreign Ministry said on…

Peugeot published a picture of its 405 model on its official Instagram account reminiscing when the model was selected as the ‘European Car of the Year’ in 1988. The picture has gone viral in…

German prosecutors said they raided offices belonging to high-end carmaker Audi Tuesday, the second sweep in a week related to diesel emissions cheating at the Volkswagen subsidiary.

The Central Bank of Iran has announced a plan to issue foreign currency bonds for the first time to provide those interested in forex investment with more mainstream instruments. 

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Lawmakers have forced the insurance industry to pay millions of dollars more in taxes to the government in a move that has irked the head of Central Insurance of Iran, the entity in charge of…

The regressive structure of Iran’s bank income and fee system will only entail higher costs for the lenders already facing a hefty credit crunch, a senior banker said.

Alireza Lagzaei,…

Bank Maskan, the agent bank of the housing sector, has eased conditions for its key target audiences, namely people tapping into its housing bonds scheme and citizens living in distressed areas…

Bulgaria’s ambassador in Tehran has proposed Iran’s Agriculture Ministry cooperate in processing the European credit line for trading agricultural products between Iran and Europe.

Tehran Stock Exchange’s main index lost 106 points or 0.11% to end Tuesday trade at 97,927.5.

About 1.53 billion shares valued at $77.73 million changed hands at TSE for the day.

Contraband accounts for 63% of all cosmetics in the Iranian market, an official with the Headquarters to Combat Smuggling of Goods and Foreign Exchange said.

“An estimated $1.5 billion…

A host of private mining companies and related state organizations signed two memoranda of understanding on Monday for cooperation in reviving 500 troubled small- and medium-sized mines in five…

More than 71.25 million tons of cargo were loaded and unloaded in Shahid Rajaee Port in the southern Hormozgan Province during the first 10 months of the current Iranian year (started March 21,…

Iran’s debt market is witnessing a creeping growth in its yield to maturity over the trading of a new batch of Islamic Treasury Bills on Iran Fara Bourse.

About 76,000 of the new batch…

The Paris-based Global Association of the Exhibition Industry, also known as UFI, opened its office for the Middle East and North Africa in Tehran on Tuesday. UFI’s main goal is to represent,…

China’s Chengda Engineering Company has finished the preliminary design of Section 3 of Tehran-North Freeway, the company’s investment representative in Iran said.

The Tehran City Council passed the municipality’s budget for the next fiscal year (March 2018-19) on Tuesday, the council spokesman said. 

"The council reduced the budget to 174.29…

Customs duty-free allowance for sailors doing business in border and coastal towns has been increased to reach 100 million rials ($2,127), a parliamentarian said. As per the new bylaw, each…

Iran has reported an outbreak of the highly pathogenic H5N6 bird flu virus among wild ducks in the north of the country, the Paris-based World Organization for Animal Health said on Monday,…

Iran’s import order registration website (Sabtaresh.tpo.ir) will be offline from February 7 to 12 for maintenance. In a note apologizing to customers on its website, the Export/Import…