Economy

The first unit of Chinese derived Haval H2 has been spotted by the paparazzi on the streets of Tehran. It had a temporary number plate issued to cars deemed ready for test drive in urban areas,…

It is no surprise these days to hear the CEO of an automaker talk about building a fleet of autonomous robo-taxis to move people around congested urban centers. Daimler, Renault-Nissan, General…

The Traffic Police has stopped issuing license plates to eight vehicles, said the deputy police chief.

According to Brigadier General Mousa Amiri, since Sept. 17, eight models namely…

The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in Tehran’s open and official foreign exchange markets on Sunday to maintain…

Expanding private sector business activities in new technologies for payment systems will top the agenda of the Third Iran Transaction Exhibition that will run through October 24-26. …

German finance worth €3 billion ($3.5 billion) for a railroad project in Iran will soon be finalized, a deputy roads and urban development minister announced.

The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms…

Iran’s northwestern city of Astara exported 50,116 tons of agro products worth $44.53 million during the six months to Sept. 22.

The production of fresh tea leaves is estimated to reach 100,000 to 105,000 tons in the current Iranian year that started on March 21, registering a 24-28% decline compared with last year due to…

Close to 140 tons of dental units worth close to 33.35 billion rials ($1.02 million) were imported into Iran during the five months to August 22, figures released by the Islamic Republic of Iran…

Iran’s trade with Austria stood at $404 million in 2016, Behrouz Hassan Olfat, director of Europe and Americas Department at the Trade Promotion Organization of Iran, announced.

Iran exported $228 million worth of goods to Russia during the first half of 2017, indicating a 36% increase compared with last year’s corresponding period, Iran’s commercial attaché to Russia…

The Industrial Development and Renovation Organization of Iran and the Ministry of Industry and Trade of the Czech Republic signed an agreement on Saturday to promote industrial cooperation.

Rail wagon and locomotive producer Asia Seir Aras Company is set to have its initial public offering today to mark the current fiscal year’s (2017-18) eighth in the equity market. With a market…

Close to 1,500 tons of hand-woven carpets worth more than $119 million were exported from Iran in the five months to Aug. 22, the head of Iran National Carpet Center announced.

The Iranian steel industry is arguably the main driver of the country’s mining sector, taking the top spot among all metal products with the highest output and overseas sales.

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Tehran Stock Exchange’s main index lost 504.60 points or 0.59% to end Sunday trade at 84,564.9.

About 837 million shares valued at $58.59 million changed hands for the day.

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Lithium batteries can be made to charge 10 to 20 times faster by using asphalt, suggests US research.

Scientists at Rice University speeded up the charging time by making one component…

In the latest installment of the ongoing saga of Russia-based cyber security firm Kaspersky Lab and the US government, the company has a new date with Congress. Rescheduling a hearing originally…

French-American business convention Game Connection has offered a luring incentive to Iranian game developers to attend the event.

Game Connection is an international marketplace to be…

The president of the Central Insurance of Iran elaborated on the four-year outlook of Iran’s insurance industry through the end of President Hassan Rouhani’s second and final term in office.…

In trying to end the downturn in property market by employing innovative tools, the government is tapping the country's budding capital market to help finance the key industry and empower first-…

The chief executive of Bank of Industry and Mine has met with a former Japanese premier to outline the activities of the bank since Iran’s nuclear accord with world powers was implemented in…

With the aim of promoting job creation, Bank Sepah, a major state-owned lender, has allocated 25 trillion rials ($632.9 million) to be granted as loans to projects selected by provincial task…

European banks are showing interest in Iran’s market, the director of financial services at Germany’s KPMG, a subsidiary of one of the world’s leading financial advisory companies, said