Economy

Iranian economist Hamid Azarmand believes that the gravest concern about the future of Iran’s economy is for the government to question economic reforms.

Excerpts of his write-up in the…

Tehran Stock Exchange’s main index lost 183.23 points or 0.19% to end Tuesday trade at 96,149.3.

About 1.04 billion shares valued at $52.9 million changed hands at TSE for the day.

Iran exported more than €8.24 billion worth of commodities to the 28 member states of the European Union during the 10 months to Oct. 31, 2017, indicating a 109% hike compared with the similar…

The government has started paying the dividends of “Justice Shares” as of Tuesday with its cap set at 500,000 rials ($11.54) for each shareholder, the head of Iran Privatization Organization…

Tehran Municipality’s budget bill for the next fiscal (March 2018-19) will be submitted to the Tehran City Council on January 20, the deputy mayor for planning and urban development said.

Out of the seven prioritized rail projects in the current Iranian year (started March 21, 2017), one has been completed and six others are under construction and estimated to become operational…

Heading a nine-member delegation of representatives of private companies, Minister of Roads and Urban Development Abbas Akhoundi is scheduled to visit India on Wednesday.

Akhoundi plans…

Majlis Joint Commission has okayed the government-proposed threefold rise in departure tax for the next fiscal year’s (March 2018-19) budget bill from current year’s 750,000 rials ($17) to 2.2…

As per the budget law for the current fiscal (March 2017-18), the government should provide Road Maintenance and Transportation Organization, affiliated with the Ministry of Roads and Urban…

More than $87 million worth of goods were exported from the northeastern Khorasan Razavi Province during the first nine months of the current Iranian fiscal year (started March 21, 2017),…

The Eighth International Architecture, Modern House, Interior Design and Lighting Exhibition, also known as MIDEX 2018, is scheduled to be held from Jan. 11 to 14 at Tehran’s International…

LG’s CLOi robot got a case of stage fright. The adorable white, curvy CLOi, who stands less than a foot tall with a black circular face and glowing blue eyes, is supposed to act like the hub of…

In a renewed bid not to lose customers, two major Iranian Internet service providers, Asiatech and Shatel, have started offering promotional services. Asiatech has signed a deal with local video…

Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits.

Iran’s Communications Regulatory Authority says mobile operators are not allowed to send advertisement text messages to their subscribers.

The ombudsman deputy director Hossein Fallah…

The US Senate will hold a vote on net neutrality. Less than a month after the Federal Communications Commission reversed Obama-era rules that prohibited Internet providers from blocking or…

Iran and the Eurasian Economic Union are about to unveil a preferential trade agreement, hoping that the agreement would help traders overcome the ongoing hurdles and compensate for the recent…

The Monetary and Banking Research Institute, affiliated with the Central Bank of Iran, has in the works a new plan to exert constant supervision over the performance of banks in terms of…

Tehran Chamber of Commerce, Industries, Mines and Agriculture, as a leading private sector entity, on Monday announced the annual Amin al-Zarb awards and decided to present the entrepreneurship…

The new CEO of Tejarat Bank has announced that the privatized bank’s new policies are aimed at improving its financial statements.

“Offering new and high quality foreign exchange…

In the wake of an Iranian oil tanker's collision in East China Sea, Iranian insurers are to compensate 30% of the costs while the rest would be covered by a Norwegian firm, the president of the…

The government earned more than 4.72 trillion rials (over $109 million) in mining royalties–a percentage of miner’s sales profit–during the first seven months of the current Iranian year (March…

A total of 3,321 new jobs were created in Iran’s mining sector during the seven months to Oct. 22, 2017, indicating a 158% rise compared with the corresponding period of the previous year, data…

Major Iranian steelmakers exported 5.11 million tons of semi-finished and finished steel products during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 26%…

The Central Securities Depository of Iran issued 200 trading codes for foreign investors in 2017, the deputy head of CSDI, Fariba Akhavan, announced.