Economy

Tehran Stock Exchange’s main index gained 122.80 points or 0.15% to end Tuesday trade at 84,734.4.

About 448 million shares valued at $59.31 million changed hands for the day.

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As the Iranian economy grew remarkably in the last fiscal year (March 2016-17), the Gini coefficient remained the same compared to that of the preceding year, according to the Statistical Center…

Azimut Group signed an agreement on Monday to acquire a 20% stake in Mofid Entekhab, an asset management company in Iran.

Mofid Entekhab is a subsidiary of Mofid Group, the largest…

More than 79,000 tons of potatoes worth around $19.4 million were exported from Iran in the five months to Aug. 22, an official with the Ministry of Agriculture said.

A total of 3,259 tons of mu’assel were imported into Iran during the first half of the current Iranian year (March 21-Sept. 22), indicating a 34% decline compared with the similar period of last…

Major Iranian mining companies produced 169.17 million tons of mineral products during the first half of the current Iranian year (started March 21), registering an 8.45% growth compared with…

Iran exported more than $3 billion worth of commodities to the neighboring Iraq during the six months to Sept. 22, Hamid Hosseini, secretary-general of Iran-Iraq Chamber of Commerce, said.

The Ministry of Telecoms will grant loans to local mobile-app developers. According to the website of the ministry, Iranian mobile app developers can apply for loans up to 150 million rials ($3,…

In a series of tweets, Microsoft’s Corporate Vice President for Windows Joe Belfiore has revealed that the software giant is no longer developing new features or hardware for Windows 10 Mobile…

Google has discovered Russian operatives spent tens of thousands of dollars on ads on its YouTube, Gmail and Google Search products in an effort to meddle in the 2016 US presidential election, a…

A local startup has launched a website offering advertising services to online retailers through ‘Influencer Marketing’.

The website ‘Kaardorost.com’ (adept in Persian) makes use of…

Close to 4.86 million tons of goods were transited through 32 active land and sea border crossings across the country during the six months to Sept. 22, registering a 27% increase compared with…

Shaparak Company, Iran’s national payment network operator, has reportedly notified all payment service providers in a letter that regulations concerning fees will be overhauled.

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The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.

Nilson Report, a credible source of news and analysis of the global card and mobile payment industries, has published its latest list of top 150 payment services providers in the world, which…

The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.

The government and the Ministry of Roads and Urban Development have pledged to complete the Mehr Housing Project by July 2018, the spokesman for the civil-affairs commission of the parliament…

Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug. 22, data released by the Islamic…

The Second Export Capabilities Exhibition of the Islamic Republic of Iran will be held at Shahr-e-Aftab (Sun City) complex in southern Tehran on Oct. 31. According to the event’s official…

Iran and Georgia opened the sixth meeting of their joint economic commission in Tbilisi on Tuesday.

The session, which extends into Tuesday, is co-chaired by Georgia’s Minister of…

Iran exported goods worth $244.4 million to Indonesia and its imports from the country reached $92 million during the first half of the current Iranian year (March 21-Sept. 22), registering a…

Pakistan and Iran have decided to strike a deal on trade despite slow or no progress regarding the implementation of a payment mechanism and the Iran-Pakistan gas pipeline project.

Both…

More than 14,850 tons of allspice worth over 197.1 billion rials ($6 million) were exported from Iran during the five months to August 22, according to figures released by the Islamic Republic…

Major Iranian steelmakers exported 3.54 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 21-Sept. 22), registering a 32% growth…

Tehran Stock Exchange’s main index gained 46.70 points or 0.06% to end Monday trade at 84,611.6.

About 622 million shares valued at $64.43 million changed hands for the day.

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