Economy

The construction of Butia Iranian Steel Company’s 5.2-million-ton iron ore pellet plant in Kerman Province is scheduled to be completed by late November, the head of Majlis Economic Commission…

Tehran Stock Exchange’s main index gained 111.90 points or 0.13% to end Tuesday trade at 85,628.8.

About 896 million shares valued at $49.94 million changed hands for the day.

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The ninth round of International Micro Air Vehicles Conference and Flight Competition was held in Toulouse, France from September 18-21, where teams from Iranian universities made their way to…

ITU Telecom World 2017 kicked off on Monday in Busan, South Korea, where global ICT leaders meet. Like the previous rounds, telecom companies and senior officials are attending the event during…

Technology stocks including Facebook, Microsoft and Alphabet dropped sharply on Monday, increasing worries that the top-performing sector is falling out of favor as investors look elsewhere for…

The University of Tehran is set to hold a three-day startup weekend ‘UT Let’s Start’ from October 11 to 13.

According to the university website, the event will be held at the Faculty of…

The administration of President Hassan Rouhani is mulling new measures to make home loans more appealing to first-time homebuyers, as it seeks to lift the key housing sector out of the doldrums…

Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei will soon attend the next meeting of the Money and Credit Council–a financial decision-making body–to…

Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets that could finally…

Tehran Stock Exchange’s main index shed 71.90 points or 0.08% to end Monday trade at 85,516.9.

About 801 million shares valued at $63.078 million changed hands for the day.

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The shortcomings of Iran’s Health Reform Plan were not limited to international sanctions and lower crude prices. As it turned out, domestic policymaking also played a big role.

In 2014…

Iran Zinc Mines Development Company’s subsidiaries produced a total of 8,198 tons of zinc ingots during the sixth month of the current fiscal year (Aug. 23-Sept. 22)–a record monthly high in…

Iran’s largest steel exporter Khouzestan Steel Company recorded a robust growth in its sales value for the first half of the current fiscal year (March 21-Sept. 22), marking a rise of 51.04% to…

More than 42,100 tons of lettuce worth over 334.2 billion rials ($10 million) were exported from Iran during the five months to August 22, figures released by the Islamic Republic of Iran…

The link between mental health and economic productivity is well established.

The World Health Organization released the first-ever comprehensive study in April 2016, which estimated the…

A 30-member commercial delegation from Iran’s private sector headed by Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei left Tehran for Madrid, Spain…

Foroud Asgari, the new head of the Islamic Republic of Iran Customs Administration, left Iran for Turkey at the head of a delegation to meet the neighboring country’s deputy ministers of customs…

Renault-Nissan and Kia are the latest car companies to launch car trade-in schemes, aimed at persuading customers to swap older, more polluting, car models for new ones.

Earlier…

Hungarian bus manufacturer Ikarus is set to re-enter Iran after years of absence.

The Budapest-based company has signed an import agreement with the City Industries and Mines Development…

Iran Khodro started presales of its newly unveiled small crossover Haima S5 without announcing the final price. The down payment for the car is 370 million rials ($9,600), local news website…

The retail and sugar sectors were the top performers of the equity market in the first half of the current fiscal year (March 21-Sept. 22) with average returns of 73% and 67% in H1.

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Like the rest of the world, Iranian fintech companies are growing fast, but a member of the Iranian Fintech Association said regulations have failed to keep up with them. “A notable difference…

Some 4,200 state-owned companies’ bank accounts have been transferred to the Central Bank of Iran since March 6, 2017, when President Hassan Rouhani issued the landmark directive aimed at…

Bpifrance, the country’s state investment bank, will finance projects of French companies in Iran from 2018, granting up to €500 million ($598 million) in annual credits, its CEO said in a…

The member states of BRICS, the association of five major emerging economies, have each upgraded Iran's risk rating to pre-sanctions levels, the deputy head of Export Guarantee Fund of Iran said…