Economy

Mercedes showed on Tuesday how it is “aggressively” gunning for top spot in upscale battery cars market currently dominated by Tesla, as it unveiled the EQC, its first fully electric car, at an…

Toyota Motor Corp. is recalling more than a million of its Prius and C-HR compact crossover vehicles globally due to the risk of fire. Of the 1.03 million affected vehicles, 554,000 will be…

Bank Maskan, the state-run agent bank of the housing sector, is considering the possibility of increasing the ceiling of home loans while reducing their interest rates to boost the people's…

The administration of President Hassan Rouhani has accepted crpytocurrency mining as an industry that needs to be developed in Iran, the secretary of the High Council of Cyberspace said.

President of Iran Chamber of Commerce, Industries, Mines and Agriculture called for the total elimination of cheap currency offered at the 42,000-rial exchange rate. Speaking at the 77th…

As the intense rally persists in the foreign currency market, the Central Bank of Iran issued a statement on Tuesday to assure the public that the bank's main concern continues to be provision…

More than 4,124 tons of peanuts worth $5.43 million were imported into Iran from five countries during the first four months of the current Iranian year (March 21-July 22), the latest figures…

Iran exported 18,239 tons of livestock feed worth $7.43 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…

The general policy of the Japanese government and Japan International Cooperation Agency is to strengthen economic relations between Iran and Japan, chief executive officer of JICA in Iran said…

Seventy-five new items have been included among essential goods that can be imported by receiving foreign currency at the subsidized rate.

This has been announced by Minister of…

Iran traded 185,352 tons of non-oil commodities worth $69.05 million with Georgia during the first four months of the current fiscal year (March 21-July 22). This indicates a 71.65% and 32.2%…

More than 4.93 million tons of non-oil commodities were exported from Imam Khomeini Port in the southern Khuzestan Province during the first five months of the current Iranian year (March 21-Aug…

Minister-President of Belgium’s Flanders Region Geert Bourgeois said the European Investment Bank will support investment in Iran, underlining Europe’s efforts to strengthen the so-called “…

The Second International Comprehensive Marine Exhibition is scheduled to open at Tehran International Fairground on Sept. 24. According to the official website of the event at Marineex.ir, the…

Tehran Stock Exchange’s main index gained 2,726.03 points or 2.02% on Monday to end trading at 137,983.8.

About 3.16 billion shares valued at $60.02 million changed hands at TSE for the…

Japan’s Line Corp. said on Tuesday it would raise about 148.1 billion yen ($1.33 billion) by issuing convertible bonds maturing in 2023 and 2025 to invest in future technologies. Line said it…

“Privacy is not absolute,” said Five Eyes (US, UK, Canada, Australia and New Zealand) and tech companies will either have to give Five Eyes access to encrypted data, communications and devices…

The 35th world conference on science parks and areas of innovation kicked off on Monday in the central city of Isfahan.

Abdolnasser Hemmati, the governor of the Central Bank of Iran, on Monday officially appointed Farhad Hanifi the new deputy for supervisory affairs. He replaces Farshad Heidari who was selected…

The research arm of Iran’s Parliament has dedicated its latest analytical study to virtual currencies, once again calling for calculated and well-assessed regulations to employ them in the…

The foreign exchange market intensified its rally on Monday, with the rial dropping to new lows against most major currencies. 

According to reports from currency exchange houses…

Shaparak Company, the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within…

The Ninth International Beverages, Coffee and Tea industry Exhibition, also known as IBIE 2018, is scheduled to open at Tehran International Fairground on Wednesday, according to the event’s…

Constant changes in the prices of goods and services have become a new normal in the past several months. 

Retailers charge you more for the same item you bought as early as…

Director General of Iran Small Industries and Industrial Parks Organization Sadeq Najafi and South Korea’s Deputy Minister of SMEs and Startups Choi Su-gyu signed a memorandum of understanding…