Economy

Tehran Mayor Mohammad Ali Najafi speaks of “dark chapters” in the management of the capital city by his predecessor between the fiscal years 2005-6 and March 2017-18.

In a report…

Two rail projects, namely Malayer-Firouzan-Kermanshah and Mahabad-Urmia railroads, will become operational during the Ten-Day Dawn celebrations (February 1-11), marking the anniversary of the…

Iran-France Transportation Working Group held its first meeting in Tehran on Monday where representatives from transport ministries of the two countries discussed a wide range of topics,…

Average annual hours actually worked per person in Iran are at 800, a report by the Statistical Center of Iran announced.

For Japan, South Korea, China, Turkey, Germany, Pakistan and…

The First International Comprehensive Marine Exhibition of Iran, also known as MARINEX, has been scheduled for Jan. 24 at Tehran’s International Fairground, the official website of the expo, www…

Artificial intelligence programs built by Alibaba and Microsoft have beaten humans on a Stanford University reading comprehension test.

“This is the first time that a machine has…

US lawmakers are urging AT&T Inc, the No. 2 American wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China…

The privately-owned Tourism Bank has signed an agreement with the Presidential Office for Science and Technology to help create a startup accelerator In addition to launching the startup…

Bank Sepah’s capital base has increased by 740% in the past two years, which led to the bank’s capital adequacy ratio (CAR) to hit 10.5% from a low of 2% during the sanctions, which have now…

In the latest meeting of President Hassan Rouhani’s Cabinet on Sunday, the Ministry of Economic Affairs and Finance was officially given the go-ahead to guarantee the recent foreign finance deal…

 Minister of Economic Affairs and Finance Masoud Karbasian, who also chairs the annual general meetings of all state-owned banks, has appointed Abolqasem Rahimi Anaraki as the new chief…

Top officials from the Central Bank of Iran and Turkey along with senior bankers met in Tehran on Sunday to discuss new ways of developing banking relations between the two neighboring states.…

Tehran Stock Exchange’s main index gained 715.46 points or 0.74% to end Monday trade at 97,944.1.

About 1.05 billion shares valued at $61.54 million changed hands at TSE on Monday.

The Economy Ministry plans to issue 10 trillion rials ($227 million) worth of bonds on Tuesday to finance the electrification of Tehran-Mashhad Railroad.

With a 17% yield to maturity, 10…

Germany accounts for about 60% of the investments made by European Union states in Iran, the deputy energy minister for international affairs said.

Due to its political, economic, educational and other advantages, Tehran has always attracted Iranians from other provinces.

Migration to the capital city to work, study, or live…

Canadian planemaker Bombardier has submitted a draft contract for 10 brand-new CRJ-900 NextGen regional jets to Iran’s Qeshm Free Area Organization for review and finalization, Reza…

More than 276,410 tons of wheat worth $70.78 million were exported from Iran during the first nine months of the current fiscal year (March 21-Dec. 21, 2017), registering a 1,352% and 759%…

Isfahan is hosting the 16th International Exhibition of Agriculture and Horticulture, also known as AGROMAC 2018.

The event opened on Sunday and will conclude on Thursday, IRNA reported…

A campaign will promote Iranian tea and herbal drinks in the city of Lahijan in the northern Gilan Province from Jan. 31 to Feb. 1.

About 122,000 hectares of farmlands in Iran have been equipped with modern irrigation systems since the beginning of the current Iranian year (March 21, 2017), the chairman of the Modern…

Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill…

Next year, General Motors Co. will no longer need an engineer in the front seat babysitting the robot brain that controls its self-driving Chevrolet Bolt. The steering wheel and pedals will be…

SAIPA started a test assembly of the Citroen C3 over the weekend. As per a 50-50 joint-venture between SAIPA and Citroen signed in 2016, two models namely C3 and C4 are to produced/assembled in…

Ahead of the Jan. 31 deadline set by the Financial Action Task Force for Iran to fully adhere to its anti-money laundering and combating of financing terrorism commitments, parliamentarians and…