Economy

Troubled banks are now in the spotlight. According to the deputy head of Monetary and Banking Research Institute, all Iranian banks are now suffering losses. “Almost all our banks are unprofitable…

Iran's lawsuit against a US court's decision to give the victims of terrorist attacks blamed on Iran the right to collect some $2 billion in Iranian assets has been filed with the International…

Iran’s seafood export is estimated to reach $400 million this year, which will register a 14% rise compared with last year, according to the head of Iran’s Fisheries Organization.

The…

The field of information and communications technology has created 10% of all the jobs in Iran, the minister of cooperatives, labor and social welfare said.

“This share is expected to reach…

An economic delegation from Sweden headed by the country’s Minister of European Union Affairs and Trade Ann Linde is scheduled to arrive in Tehran on February 11 to survey ways of expanding…

Iran is now producing enough nitrogen fertilizers to meet all the needs of its agriculture sector, the managing director of Agricultural Support Services Company said.

The talk of tariff hikes on paper imports never fails to send shivers down the spine of most consumers, particularly newspapers. 

Groups ranging from publishers to newspaper owners to…

The Central Securities Depository of Iran issued 21 trading codes to foreign investors during the Iranian month ending Jan. 19. According to Securities and Exchange News Agency, the sole…

Iran produced more than 258 million tons of mineral products during the 10 months to January 19, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report…

Consumption tax will replace value added tax as of next year (March 2017-18) as per a motion proposed by the Majlis Joint Budget Commission. 

The decision is part of the budget bill…

Tehran Stock Exchange’s main index lost 209.70 points or 0.27% to end Sunday trade at 76,616.

More than 969 million shares valued at $54 million changed hands for the day.

Iranian…

Amin Shokrollahi was supposed to be in Silicon Valley last week to accept an award at a prominent semiconductor conference called DesignCon. He never made it.

President Donald Trump’s…

Iran’s largest mobile phone network, Mobile Communications Company of Iran (MCI) or referred to locally as Hamra-e-Avval (First Network), said it has successfully tested 4.5G internet in a…

Telecommunication Infrastructure Company of Iran (TIC) will launch two new national Internet exchange points in Isfahan and Khuzestan provinces.

According to CITNA, the new centers will be…

Foreign companies selling e-content via the Internet in Russia are now required to register private offices in Russia, submit information on their sales in the country, and pay an 18% value added…

A 41-year-old father with motor neuron disease (MND), who is losing his ability to speak, will be given a computer voice with a British Yorkshire accent for the first time.

Jason Liversidge…

The Export Development Bank of Iran will soon grant credit lines to banks in South Korea, Turkey and Iraq, announced the bank's chief executive.

"Two credit lines collectively worth €175…

The currency market has been stable in recent days, ignoring a deluge of news stories that should have conventionally rocked the boat. 

In fact, the domestic market has been mostly…

Bank Saderat Iran has set up a new system that will allow visually-impaired people to easily perform a variety of banking operations such as opening accounts, making deposits and withdrawals, and…

Following efforts during the current fiscal year (ending March 20) to close the gap between official and unofficial foreign exchange rates, the government will unify forex rates at some point in…

The accounts of Iranian government entities transferred to the Central Bank of Iran as part of a new plan will receive no interest, announced a deputy economy minister.

In August, the…

A board member of Tejarat Bank announced that the bank is ready to offer a variety of banking services to the French auto group PSA Peugeot Citroen to boost interactions.

Local aviation media published on Saturday the picture of a new ATR-72 600 painted in the airline’s livery, saying the plane will soon be delivered.

According to deputy minister of roads…

Tehran Stock Exchange’s main index lost 589.10 points or 0.76% to end Saturday trade at 76,825.8. This is the lowest landing of the benchmark in about four months and a half.

More than 514…

After Iran reached a deal with six international mediators on its nuclear program, its economic ties with foreign partners transformed deeply and Iran became a magnet for international business.…