Economy

Iran Airports Company has delivered free services to the tune of 3.6 trillion rials ($90 million) to military institutions in the last Iranian year (March 2015-16), IAC’s managing director said.…

The mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development and…

Stocks do not have much going for them these days. The uncertain economic outlook and persistent market depression have dented investor confidence.

Experts believe the equity market is…

The Iranian government is moving to replace aging vehicles in its cargo truck fleet to cap fuel consumption and help contain the country's worsening air pollution. 

Institutional investors accounted for the lion’s share of trading at Tehran Stock Exchange during the Iranian month of Dey (December 21-January 19). Their trading comprised 65% and 63% of all…

British fashion retailers will switch their spending firepower to technology from the high street in 2017 after online shopping became the key driver of sales growth over the all-important festive…

A startup data bank is being finalized with the help of major stakeholders in the startup ecosystem, said the head of Iran's ICT Startups Empowerment and Facilitation Center. 

Iran Post, the state-owned national post office of Iran, has released a new app on cross-device app on the official Windows app store on January 21. The app allows users to track their post on…

Russia is willing to sell Elbrus computer central processor units to Iran, the Minister of Communications and Mass Media Nikolai Nikiforov said in a meeting with Iran’s deputy telecoms minister.…

The average goods and services Consumer Price Index for urban areas increased 6.9% in the 12-month period ending January 19, which marks the end of the Iranian month of Dey, compared with last…

The governor of the Central Bank of Iran has called for promoting competition in the banking system, cautioning that unhealthy rivalry can lead to unsatisfactory repercussions.”Empowering a spirit…

The Iranian housing market is on a slow but steady path to escape its lingering recession with as an uptick in housing starts and heralds better days for the key sector. 

Insurance Research Center, a think-tank affiliated with the Central Insurance of Iran, has finalized the draft version of “corporate governance principles” for domestic insurance companies.…

Recent fluctuations in the rial/dollar exchange rate have prompted a lively debate among economists and financial experts in Iran over forecasting currency movements. 

A lot of ink has…

Tehran Stock Exchange’s main index shed 175.60 points or 0.22% to end Saturday trade at 79,206.6.

More than 684 million shares valued at $45.6 million changed hands for the day.

…

Around 2,400 trillion rials ($60 billion at market exchange rate) have been paid as cash subsidies under the so-called "Subsidy Reform Plan" ever since the controversial scheme came into effect in…

Presently 9.2 million investors are trading in Iran’s securities market, the head of Central Securities Depository of Iran said.

“A total of 22,500 codes were issued in the three weeks to…

Russian steelmaker Magnitogorsk Iron & Steel Works, otherwise known as MMK, has started shipping its flat steel products to Iran through Kazakhstan’s port of Aktau. Transportation through…

The Eighth Conference on Healthy and Sustainable Agriculture will be held in Tehran on January 26. 

The private sector’s participation in the agriculture sector and scientific…

The Ministry of Agriculture has authorized the establishment of greenhouses extending over 1,000 hectares so far in the current Iranian year (started March 20, 2016), says deputy agriculture…

Turboprop maker ATR has completed commercial negotiations with Iran Air for the sale of at least 20 aircraft and expects to be able to sign a contract very soon, the head of the Franco-Italian…

Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly Chairman Mehmet…

The construction of the first section of the freeway connecting Tehran to the northern Mazandaran Province has made 77.5% progress, a deputy minister of roads and urban development said.

Road transit has seen a 35% drop in volume so far in the current Iranian year (started March 20, 2016) compared with the corresponding figure of last year, says secretary of International…

About 5% of Tehran Municipality’s budget are allocated to urban development and crisis management.