Economy

The official representative of Samsung Electronics in Iran is set to launch the sales of two new phones on May 4.

The presale of the latest Samsung flagship smartphones – the Galaxy S8 and…

The Ministry of Communications and Information Technology has denied it has blocked the live streaming function part of Instagram called Instalive following reports on social media suggesting that…

Tehran will host the first Iran 3D Printing Contest from April 30 to May 3.

The Vice-Presidency for Science and Technology has organized the event that opened at the International…

Turkey has blocked online encyclopedia Wikipedia, the telecommunications watchdog said, citing a law allowing it to ban access to websites deemed obscene or a threat to national security.

French construction company Vinci SA has signed a contract with Iranian firm Kayson Inc. to invest in the development of two Iranian airports, Iran Chamber of Commerce, Industries, Mines and…

As Iran reaps the benefits of sanctions removal and reintegration with the global economy, its banking system is struggling to resume and normalize ties before international restrictions choked…

The Central Bank of Iran has published statistics announcing the volume of marriage loans allocated by the banking system from the fiscal March 2009-10 up to the end of the last fiscal year (March…

Money supply reached 12.53 quadrillion rials ($335 billion) to register a growth of 23.2% in the previous Iranian year that ended on March 20, 2017, down from a 30% hike in the year before, said…

The Central Bank of Iran is eager to increase the banking system's interaction and collaboration with the Iranian Cyber Police, as this would help electronic banking, CBI's governor said.

India’s presence in the strategically located Iranian port of Chabahar—New Delhi’s primary gateway to landlocked Afghanistan—is all set to get a big boost.

The export of forest and rangeland soil is prohibited, but the soil obtained through industrial processing could be exported upon securing a permit from the Ministry of Industries, Mining and…

The average Producer Price Index in the 12 months ending April 20, which marks the end of the Iranian month of Farvardin, reached 5.4% compared with last year’s corresponding period, the latest…

Head of the Islamic Republic of Iran Customs Administration Masoud Karbasian and his Armenian counterpart, Vardan Harutyunyan, signed a bilateral customs information exchange protocol in Tehran on…

About 23% of all foreign direct investments since Hassan Rouhani became president in August 2013 have been made in small- and medium-sized enterprises located in Iranian industrial parks and zones…

A delegation representing the Industrial Development and Renovation Organization of Iran has signed a memorandum of understanding with Slovakia and three others with the Czech Republic to promote…

Tehran Stock Exchange’s main index gained 158.70 points or 0.20% to end Saturday trade at 79,755.6.

Over 896 million shares valued at $56.61 million changed hands for the day.

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Khorasan Steel Complex’s newly-launched steel plant, with a crude steel output capacity of 700,000 tons/year, has doubled the steelmaker’s production capacity and made it join the ranks of Iranian…

Startups account for 0.8% of Iran’s gross domestic product, the deputy for education, research and technology with the Ministry of Industries, Mining and Trade said.

French automaker Renault has registered a rather unprecedented increase in sales in Iran in the first quarter of 2017

Renault Group said sales in Iran rose by 161.5% in the first quarter of…

French automaker PSA Group in a press release said that the company’s global sales in the first quarter of 2017 amounted to €13,629 million, of which €9,018 million was for the Automobile Division…

Following a denial by a senior Khodro Sazi Sina executive that his company had won a contract against Mammut Khodro to produce Volkswagen vehicles in Iran, the German automaker has responded with…

The average house price in Tehran stood at 43.7 million rials ($1,165) per square meter, registering a year-on-year increase of 3.6%, the latest report of the Central Bank of Iran for the first…

President Hassan Rouhani's policy regarding the housing sector revolves around moving away from construction in underdeveloped areas as in the Mehr Housing Plan and supporting distressed urban…

The Central Bank of Iran has recently decided to move international settlements from Persian Gulf states to Russia and Turkey, said the governor of CBI.

"The decision is aimed at…

Bank of Industry and Mine has allocated 253 trillion rials ($6.8 billion) in loans to 1,427 industrial projects during the four years of the incumbent administration (started August 2013). These…