Economy

Major Iranian Internet Service Provider Asia Tech and privately owned Middle East Bank have inked an agreement which entails bilateral collaborations between the two as well as investment in the…

In response to citizens’ concerns over reportedly excessive mobile tower radiation pollution in urban areas, the government of President Hassan Rouhani has launched a website through which…

Informatics Services Corporation, the principal entity in charge of designing Iran's national cryptocurrency, has announced new details about the nascent currency's blueprint.

A total of 9.5 million checks amounting to 866 trillion rials ($10.31 billion) were transacted in Iran during the fourth month of the current fiscal year that ended on July 22.

In terms…

Speculative trade in the gold coin market is surging, although the coin’s price bubble has burst, the head of Iran’s Specialized Gold and Jewelry Commission said. Mohammad Keshti-Aray, however,…

A group of US lawmakers have urged the US Treasury Department to cut off Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

Speaking to Radio Sputnik,…

Iran exported 86,142 tons of potatoes worth $26.68 million during the first four months of the current fiscal year (March 21-July 22), latest data released by the Islamic Republic of Iran…

Import tariff on cosmetics will now rise by 10% to reach 26%, as per the new directive notified to the Islamic Republic of Iran Customs Administration by Ali Maqouli, the director of Center for…

The Statistical Center of Iran has released its latest report on inflation rates for each of the 10 deciles, in which Iranian households are categorized on the basis of their income.

Iran traded 326,942 tons of non-oil commodities worth $846.90 million with Germany during the first four months of the current fiscal year (March 21-July 22). This indicates a 48.33% increase in…

Iran’s northeastern city of Mashhad is hosting a three-day exhibition on food industry and related machinery. A total of 117 companies and manufacturers from Iran and around the world, including…

A total of 564,971 tons of commodities worth $192.67 million were exported from Sistan-Baluchestan Province in southeast Iran during the first four months of the current fiscal year (March 21-…

The Iranian mining sector is expecting new projects to come on stream by March 2019 with an investment of $5.5 billion.

Iranian steel mills produced a total of 14.45 million tons of crude steel during the first seven months of 2018, up 23.6% compared with last year’s corresponding period, according to the latest…

More than 180,706 tons of fresh and dried bananas worth $176 million were imported into Iran during the first four months of the current Iranian year (March 21-July 22).

This marks a 22.…

The 17th International Exhibition of Poultry, Livestock, and Related Industries, also known as IRAN PLEX 2018, is scheduled to open at Tehran International Fairground on September 6, the event’s…

Economists and businesspeople believe that cracking down on production units and warehouses, and treating them as criminals will have adverse consequences, as economic players will lose trust in…

Tehran Stock Exchange’s main index gained 1,726.61 points or 1.25% on Monday to end trading at 140,309.2.

About 2.46 billion shares valued at $90.27 million changed hands at TSE for the…

Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said individual modes of transport…

The world’s first autonomous taxi to run on public roads started operating in central Tokyo on Monday.

The vehicle, developed by Tokyo-based robot maker ZMP and operated by taxi company…

Investors on Monday were to render their verdict on Tesla Inc Chief Executive Elon Musk’s decision to abandon a proposed $72 billion buyout to take the luxury electric car maker private.

Parliament voted on Sunday to remove the economy minister ramping up pressure on the embattled president who has come under mounting criticism over his handling of the economy in the face of new…

Imam Khomeini Port in the southern Khuzestan Province accounts for 70% of Iran’s imports of essential goods. According to Adel Deris, the director general of Khuzestan Ports and Maritime…

Tehran Stock Exchange’s main index gained 2,239.18 points or 1.64% on Sunday to end trading at 138,582.6.

About 1.74 billion shares valued at $73.96 million changed hands at TSE for the…

Iran exported $100 million worth of hand-woven carpets during the first four months of the current fiscal year (March 21-July 22), registering an increase of 21.7% in value compared to last year…