Economy

The closure of Khorramshahr-Basra passenger shipping line is not related to recent conflicts in the Iraqi city, the deputy head of Ports and Maritime Organization said.

Hadi Haqshenas…

Iran Post CEO Hossein Nemati attended the Universal Postal Union Second Extraordinary Congress to vote on the proposed reforms to the structure of the organization.

Held from September 3…

A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed US tariffs on Chinese goods, the company told US trade officials, but gave no sign of an impact on…

Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, marking the end of an era at China’s e-commerce juggernaut…

A part of banking hurdles facing Iranian citizens in South Korea have been resolved, as Woori Bank officials reassured that they are ready to “offer all banking services” to Iranian citizens…

Members of the Iranian Parliament’s economic commission on Saturday continued reviewing articles of long-awaited reform bills targeting the country’s ailing banking system in addition to its…

President Hassan Rouhani on Saturday weighed in on foreign exchange volatility that has seen the rial sink to consecutive record lows since April, saying that the crisis has been triggered by…

Iran exported 3,209 tons of shampoo worth close to $5.75 million during the first four months of the current Iranian year (March 21-July 22), based on the latest figures released by the Islamic…

The share of domestic manufacturers in the production capacity of stationery products has increased from 20-40% over the past two years, the head of Stationery and Engineering Equipment Sellers…

The first forum on opportunities for Iranian businesspeople, producers and service providers in Eurasia’s market is scheduled to be held on Sunday at the Islamic Republic of Iran Broadcasting…

Iran is one of the most significant member states of the United Nations' International Maritime Organization and is moving toward the objectives of this organization, IMO Secretary-General…

Iran traded 12.62 million tons of non-oil commodities worth $8.6 billion with China during the first five months of the current fiscal year (March 21-Aug. 22), registering a 15.63% decline in…

Goods worth $230 million produced in the northern Mazandaran Province were exported in the first four months of the current fiscal year (March 21-July 22) to register an increase of 14% compared…

India’s Commerce and Industry Minister Suresh Prabhu on Friday proposed to double trade with Iran in the next five years from the current level of $13.8 billion, an Indian official said.

Tehran Stock Exchange’s main index gained 1,914.49 points or 1.39% on Saturday to end trading at 139,628.7.

About 2.97 billion shares valued at $52.08 million changed hands at TSE for…

The 60th Damascus International Fair opened in the Syrian capital on Thursday after a five-year hiatus with the presence of 54 Iranian companies, Iran’s ambassador to Syria said.

Javad…

Iran’s annual total-factor productivity index during the fiscal 2005-6 to 2016-17 hovered around zero, suggesting the neutral role played by productivity in the country’s economic growth.…

Shalamcheh border crossing, which connects Iran’s southwestern Khuzestan Province to Basra in Iraq, is open and operating normally, Iranian and Iraqi officials said in reaction to reports…

The turmoil at Tesla Inc. has reached a fever pitch, with the news that two senior executives are leaving Elon Musk’s electric-car maker emerging hours after he wielding a sword behaved…

Lyft has launched a fleet of electric scooters in Denver, stepping squarely into the rapidly growing scooter-sharing market so far dominated by the likes of Bird and Lime. Uber is expected to…

A review of data by the Central Bank of Iran shows that residents of Tehran, the bustling capital city accounting for roughly half of all home sales in the country, increasingly favor smaller…

The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national cryptocurrency, which move saw Bitcoin’s price briefly spike to…

A review of official data published in Central Bank of Iran’s reports by Tehran Chamber of Commerce, Industries, Mines and Agriculture shows that rising liabilities of the banking system to the…

Iran’s rial recouped some of its losses after hitting a record low against the US dollar on Thursday on the open market, according to reports, as the economy continues to face pressure from the…

Around 61.7 million tons of goods were loaded and unloaded in Iranian ports from March 21 to Sept. 4, registering a decline of 9.2% compared with last year’s corresponding period, managing…