Economy

The University of Tehran and the Noor Credit Institution have jointly established “Tehran Startup Studio”, an accelerator trying to expedite the process of transforming ideas into business…

Google appeared in a UK court on Monday to argue against a privacy case that could lead to the search giant paying up $4.3 billion if it loses.

The group Google You Owe Us, representing…

A testing subdomain on HTC’s website has confirmed the already-leaked specs and design of HTC’s next flagship phone, while also giving tech enthusiasts an indication of its price.

For the first time after the government decided to unify the US dollar's exchange rate more than a month ago, the Central Bank of Iran has allowed for a minor increase in its rate. 

Efforts are underway to unblock some bank accounts belonging to Iranian nationals recently frozen by the Georgian government, the head of Iran-Georgia Chamber of Commerce said. “We raised the…

The Central Bank of Iran on Sunday officially condemned the sanctioning of its governor and one of its former officials by the US as a move showing “contempt for international norms”.

The idea of tapping into the reserves of the National Development Fund of Iran to empower the country’s main initiative aimed at supporting first-time homebuyers and other housing applicants has…

Iran has made noticeable progress in honey production, as it rose from 77,000 tons in 2016 to 88,000 tons in 2017, making the country the third biggest honey producer in the world after China…

The Sixth International Exhibition of Rail Transportation and Related Industries and Equipment, also known as RailExpo 2018, is slated to open at Tehran’s International Fairground on June 19.

Iran and Greece have signed a memorandum of understanding to improve cooperation in road transportation, the news portal of the Ministry of Roads and Urban Development reported on Sunday.

The number of government employees stood at 2,341,726 in the Iranian year that ended March 20, 2017, registering no significant rise compared with 15 years ago (March 2001-2), the Statistical…

The government will allocate 120 trillion rials ($2.85 billion) in loans from the National Development Fund of Iran to enhance job creation in rural areas, Abolfazl Razavi, vice president for…

Iran traded $625.30 million worth of non-oil goods with Spain in the last Iranian year (ended March 20, 2018), marking a 5.36% rise compared to the year before, making the European nation Iran’s…

While American President Donald Trump has withdrawn from the Iran nuclear agreement and imposed economic sanctions on the country, several European and Asian nations have announced that they…

Tehran Stock Exchange’s main index gained 91.07 points or 0.1% on Monday compared to the day before to end trading at 95,227.5.

About 1.63 billion shares valued at $185.39 million…

Currently, some 55,000 foreign students are studying in Iranian universities while the number is expected to increase to 80,000 by the Sixth Five-Year Development Plan (2017-22), deputy science…

Kharazmi Technology Development Company inaugurated a pure nickel ingot production plant at its headquarters in Alborz Province on Sunday. The plant, inaugurated by Vice President for Science…

Shahid Bahonar Engineering College in Shiraz signed a memorandum of understanding with a subsidiary of the country’s largest automotive company Iran Khodro on the establishment of a joint…

Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000.

Musk unveiled specifications for a faster and more powerful version of…

Uber Technologies Chief Product Officer Jeff Holden is leaving the ride-hailing company, the latest of more than a dozen senior executives to depart since last year. Holden oversaw Uber Elevate…

Some 12 million day-old chickens are lost as a result of transportation by unfit vehicles, causing around 7 trillion rials ($166.66 million) in losses to chicken farmers, the secretary of Day-…

Iran produces 150,000 tons of mushrooms annually and there is no shortage of this product in the country, director general of Greenhouses, Medicinal Plants and Edible Mushrooms Office with the…

More than 350 tons of pencil lead worth 47.35 billion rials ($1.4 million) were imported from six countries during the last Iranian year (March 2017-18), based on figures released by the Islamic…

Flood and hailstorm in recent days have inflicted 173 billion rials ($4 million) in losses on North Khorasan Province’s agriculture sector, the head of Crisis Management Office at the North…

Iran traded $694.64 million worth of non-oil goods with Malaysia during the last Iranian year (ended March 20, 2018), which is 23.4% more compared to the year before, making the Southeast Asian…