Economy

The Islamic Revolution Mostazafan Foundation’s sales value stood at 280 trillion rials ($6.6 billion) in the last Iranian year (March 2016-17).

The CEO of Raja Rail Transport Company has called on the government to settle its 3-trillion-rial ($71 million) debt owed to this company as soon as possible.

Since the fiscal March 2014-15, 11 films have each managed to gross over 100 billion rials ($2.37 million).

The top three were screened in the current year (March 2017-18), Mehr News…

About $1.34 billion worth of non-oil commodities were exported from East Azarbaijan Province to 101 countries during the eight months to Nov. 22, registering a 9% rise compared with last year’s…

President Hassan Rouhani presented the budget bill for the fiscal 2018-19 to the parliament on Sunday, a document he called a blueprint for generating employment, eliminating poverty and…

Tehran Stock Exchange’s main index gained 38.60 points or 0.04% to end Sunday trade at 91,198.9.

About 634 million shares valued at $39.7 million changed hands for the day.

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Iranian steelmakers and iron ore companies are actively working on the expansion of iron ore processing and direct reduced iron/hot-briquetted iron capacities to fulfill the government’s plan…

Iran’s largest steelmaker, Mobarakeh Steel Company, has been selected as Asia’s 11th Most Admired Knowledge Enterprise in 2017.

This was announced by the global web-based professional…

Arvand Kaveh Steel Company’s first phase of production is scheduled to be inaugurated by First Vice President Esh’aq Jahangiri on Monday, the company’s managing director, Hashem Nezamabadi,…

The latest Eurostat data shared with Financial Tribune show Italy was Iran's biggest trade partner in the European Union during the nine months ending September 2017, with bilateral trade…

Iran's electricity supply to Pakistan increased by around 5% in fiscal 2016-17 (ended on March 20) compared to the previous fiscal.

An online database for Iranian libraries has been launched by the Iranian Research Institute for Information Science and Technology (IRANDOC), affiliated to the Ministry of Science.

San Francisco officials have voted to restrict where delivery robots can go in the city, in a blow for the burgeoning industry.

Start-ups will have to get permits to use such bots, which…

Sharif University of Technology will hold a conference on the role and importance of entrepreneurship this week in Tehran.

According to the university website, the event ‘University and…

A new re-useable glucose-monitoring smartphone case developed by engineers at the University of California San Diego could make it easier for diabetics to test blood glucose without using a…

Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation…

As per the directive of the Central Bank of Iran, all banks and credit institutions have been barred from opening short-term (three-, sixth- and nine-month) deposit accounts by the end of the…

Iranian payment service providers have been improving in terms of adhering to laws and regulations that would put them on a better footing among their global peers, announced Shaparak, the…

In order to contain the recent rise in gold coin prices and their unprecedented rally, the Central Bank of Iran held auctions on Nov. 25 to dampen the gold fervor but the move has failed to…

Iranian Reinsurance Company (IranianRe), affiliated to Bank Pasargad, has linked up with a number of major international reinsurance companies for establishing relations and receiving…

Fish can now be purchased online in the provinces of Tehran, Mashhad, Tabriz and Shiraz through the website Onlinemahi.com, an official with the Iranian Fisheries Organization said on Saturday…

More than 3,000 tons of hand-woven carpets worth $269 million were exported from Iran during the eight months to Nov. 21, registering a 31% rise compared with the similar period of last year,…

‘Misbehaving: The Making of Behavioral Economics’ authored by the winner of the Noble Prize in economics for 2017, Richard Thaler, has been translated into Farsi by Behnam Shahaei and is now…

The Fourth International Exhibition of Wire, Cable, Rod and Tube Industry, also known as IRANWIRE, was held from Dec. 6 to 9 in Tehran’s Shahr-e-Aftab (Sun City) fairground.

The research arm of the Iranian Parliament expects the government’s general revenues to stand at 3.25 quadrillion rials ($77.47 billion) in the next fiscal year (March 2018-19).

This…