Economy

Stocks had a relatively quiet week, as the forex market stole much of the spotlight as well as a large chunk of investors’ liquidity.

The US dollar market seems more attractive for the…

Iranian export billet and slab prices strengthened over the week that ended on Wednesday due to renewed bookings. Metal Bulletin’s weekly price assessment for Iranian export billet was $508-510…

More than three decades of sanctions have not negatively affected Iran's attractiveness as an emerging market. 

The country has long been of geostrategic importance because of its…

The jobless rate is forecast by the Plan and Budget Organization of Iran to stand at 12.1% and economic growth to reach 5% in the current fiscal year (March 2017-18).

The average goods and services Consumer Price Index for urban areas in the 12 months ending Jan. 20, which marks the end of the Iranian month of Dey, increased by 10% compared with last year’s…

Trade Development Authority of Pakistan Secretary Inamullah Dharejo said bilateral trade with Iran is unlikely to see a surge as no Pakistani bank is ready to open its branch in the country due…

Regional turboprop manufacturer ATR is hopeful that worsening relations between the US administration and Iran will not hinder its business ties with Tehran.

ATR delivered eight aircraft…

Iran-UK trade stood at over €260 million during the 11 months to Nov. 30, 2017, registering a 29% rise compared with the similar period of last year, based on the latest Eurostat figures shared…

The Iranian flag carrier airline, Iran Air, will resume Tehran-Baku flights from Jan. 29, Mohammad Mir Rezaie, general director of Iranian travel agency Aysanparvaz, told Azerbaijan Press Agency…

About $73 million worth of unprocessed agricultural products, including raisins, honey, pistachios and cucurbit crops, were exported from Qazvin Province in the 10 months to Jan. 21, an official…

A new service has been launched named NopaHub (fledglings’ hub in Persian) which operates as an interactive visualized database of Iranian startups and accelerators. Using the service with a few…

Intel Corp on Thursday gave a bullish forecast and blew past Wall Street expectations for the fourth quarter on the strength of data center sales, the business it sees as key to its…

Dell Technologies is considering strategic options including a public stock offering, according to people familiar with the matter, as the corporate-technology company seeks ways to boost…

Representatives from the Iran Communication Regulatory Authority and their Omani counterparts met over the weekend in Muscat to study possible measures to decrease cross-border disruptions in…

The Organization for Economic Cooperation and Development (OECD) has unsurprisingly upgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on…

About 4.2 million tons of agricultural products worth $4.005 billion were exported from Iran during the nine months to Dec. 22, 2017, a deputy agriculture minister said.

“Agricultural…

Khorasan Steel Company set a record in monthly direct-reduced iron production, as it produced 128,029 tons of the steelmaking material in the 10th month of the current fiscal year (Dec. 22, 2017…

The Ministry of Industries, Mining and Trade issued 3,235 industrial permits across the country in the first seven months of the current Iranian year (March 21-Oct. 22, 2017).

…

Iran exported $183 million worth of home appliances during the nine months to December 21, 2017, an official with the Trade Promotion Organization of Iran said.

Masoud Kamali Ardakani…

Tehran Stock Exchange’s main index gained 297.48 points or 0.3% to end Wednesday trade at 99,522.2.

About 1.27 billion shares valued at $77.87 million changed hands at TSE for the day.…

Bank Melli Iran’s large-cap investment arm, Tosee Melli Group Investment Company, is planning for a major downsizing by selling off shares in 30 companies.

TMGIC’s shares in eight of the…

Winners of this year’s edition of Nourbakhsh Banking Innovation Awards were introduced late Tuesday at the close of the two-day Seventh Conference on Electronic Banking and Payment Systems in…

After days of rallying against the rial in Tehran's foreign exchange market, the US dollar is showing signs of losing momentum.

On Wednesday, the rial was quoted at 45,720 to the dollar…

Members of the Money and Credit Council, a high-level financial decision-making body with the Central Bank of Iran, in its latest meeting decided to form a committee with the specific aim of…

The Iranian Parliament on Wednesday passed a bill aimed at joining the United Nations Convention Against Transnational Organized Crime.