Economy

When top-level officials and business representatives gathered in Tehran on Saturday as part of the two-day Sixth Iran-Europe Banking and Business Forum, the shadow of US President Donald Trump’…

The Iranian banking network paid 37.5 trillion rials ($870 million) to 218 knowledge-based companies during the previous Iranian year (March 2017-18).

Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Saturday his ministry has prepared a preliminary prototype of the national virtual currency in…

About 37.8 million tons of commodities worth $15.08 billion were exported from Bushehr Province in southern Iran during the last fiscal year (March 2017-18), the head of Bushehr Industries,…

The second production phase of Parla Textile Company was inaugurated by Minister of Industries, Mining and Trade Mohammad Shariatmadari last week.

Located in Tabriz, Parla Textile…

India is currently posing the main challenge to Persian hand-woven carpets, as the country has captured part of the world markets previously dominated by Iran, the chairman of Iran National…

Iran traded $1.8 billion worth of non-oil goods with France in the last Iranian year (ended March 20, 2018), which were 81.84% more compared to the year before, making the European country Iran’…

Deputy Minister of Roads and Urban Development Mehrdad Taqizadeh said 700 out of 1,000 speed cameras on Iranian roads are point-to-point ones that automatically track speeders based on the…

Trade between Iran and Jordan stands at $180 million per year, with Iran accounting for more than 80% of the sum. 

However, the Arab country has set high import tariffs for Iranian…

An official with the Trade Promotion Organization of Iran said the registration of import orders has resumed at import registration website (Sabtaresh.tpo.ir), following the government’s new…

Tehran Stock Exchange’s main index lost 511.61 points or 0.54% on Saturday compared to the day before to end trade at 94,284.5.

About 460 million shares valued at $21.48 million changed…

The Iranian government is seeking to develop the domestic bond market under the Sixth Five-Year Development Plan (2017-22).

It established the Debt Management Office in 2015, which…

Hyundai Motor said it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years—a plan that comes amid heavy shareholder pressure to improve returns,…

Two Japanese automakers, including Honda Motor, issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of…

The Central Bank of Iran has released its latest report on Tehran's housing market, painting a stark picture of the falling number of home sales and price jumps higher than inflation for the…

Iran’s minister of communications and information technology has addressed the recent ban on cryptocurrency trade and efforts by the country to develop its own virtual currency. 

Governor of the Central bank of Iran Valiollah Seif has advised foreign currency depositors to be wary of banks’ credibility and behavior when trusting their hard currency with them. Seif…

President Hassan Rouhani sought to assure the private sector of the long-term effects of the government's new foreign exchange policy, saying the measures are aimed at market stability and…

Minister of Industries, Mining and Trade Mohammad Shariatmadari inaugurated an MDF panel production plant in East Azarbaijan Province on Tuesday. Adopen Plastic Persian Industrial Company, which…

Mines operated by National Iranian Copper Industries Company produced a total of 1.14 million tons of copper concentrate in the last Iranian year (ended March 20, 2018) to register a 6% rise…

Iran is finalizing about €2 billion of investment from Europe in copper and steel projects despite threatened new US sanctions, a government official said on Wednesday.

"Early talks are…

Tehran’s equity traders faced concerns, as they began the second month of the year with three days of straight losses. 

However, Tehran Stock Exchange and Iran Fara Bourse rebounded…

US prosecutors in New York have been investigating whether Chinese tech company Huawei violated US sanctions in relation to Iran, according to sources familiar with the situation.

Since…

After hinting at a possible free trade agreement between the two oil-rich countries, a Russian delegation said it was in Iran to explore the future for imports.

Russian Prime Minister…

Iran exported 181,097 tons of zinc products valued at $386.7 million during the previous fiscal year (March 2017-18), dropping 4.9% in tonnage and growing 46.9% in terms of value year-on-year,…