Economy

About 9.1 million checks worth 780 trillion rials ($17.68 billion) were transacted in Iran during the third month of the current fiscal year to June 21, showing a respective decline of 8.2% and…

The government plans to lift tax on the construction and renting of small homes as part of measures to spur the housing sector, the minister of roads and urban development said.

Iran’s budget deficit came in bigger than expected in the first quarter of the current fiscal year (March 21-June 21) to reach 290.1 trillion rials ($6.59 billion), according to the Central Bank…

A terminal designated for international flights is currently under construction at Shiraz International Airport.

A total of 331,654 tons of non-oil commodities were exported from the port city of Bandar Lengeh in the southern Hormozgan Province during the first four months of the current Iranian year (…

The average value of Iran’s exports to Iraq is the highest among those dispatched to other destinations. 

Close to 3.37 million tons of oil and non-oil products were transited through Iran’s 32 land and sea border terminals in the first four months of the current Iranian year (March 21-July 22) to…

More than 466 tons of stickers worth $1.42 million were imported into Iran from 11 countries in the last Iranian year (March 2017-18), data released by the Islamic Republic of Iran Customs…

Iran traded 2.19 million tons of non-oil commodities worth $1.11 billion with Afghanistan during the first four months of the current fiscal year (March 21-July 22). The figures registered a 14.…

Germany will continue to offer export and investment guarantees for companies doing business with Iran, its economy ministry said on Monday, adding that Berlin remained in dialogue with the US…

Central Securities Depository of Iran has cut the paperwork and started issuing trading codes for capital market investors online. Previously, those seeking to start trading had to contact a…

The government has banned the export of direct-reduced iron to increase supply to local downstream plants.

The directive was conveyed to the Islamic Republic of Iran Customs…

It was a historic day for shares in Iran's equity market on Monday.

The primary cause of the excitement is simple yet groundbreaking: The foreign currency exchange market is officially…

Exports of chicken parts, livestock feed, ornamental fish and frozen chicken from Markazi Province in western Iran have increased in the current Iranian year (started March 21). 

Trade between Iran and the 28 member states of the European Union during the first half of 2018 amounted to more than €8.3 billion, registering a 12.8% decrease compared with last year’s…

Iran exported 31,756 tons of evaporative coolers worth more than $89 million during the first four months of the current fiscal year (March 21-July 22), the latest data released by the Islamic…

Iran imported 18 tons of rusk worth $24,277 in the last Iranian year (ended March 20, 2018), Mizan Online cited data released by the Islamic Republic of Iran Customs Administration.

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As automakers rapidly adopt connected and automated technologies, the race is on to protect these vehicles from cyber attacks and computer viruses.

Iran Khodro, the largest auto manufacturer in the country, is reportedly set to showcase three updated versions of its cars, in the forthcoming Mashhad Auto Expo. The potential models are…

Iranian and Brazilian officials are to engage in dialogue within the next few months to discuss expansion of bilateral ties in the auto industry.

Iran traded 4.79 million tons of non-oil commodities worth $2.52 billion with Iraq during the first four months of the current fiscal year (March 21-July 22), registering a 13.97% and 22.02%…

US President Donald Trump’s decision to pull the United States out of the 2015 nuclear accord with Iran and reimpose a raft of sanctions will hit European businesses working in Iran.

An…

Following an Iraqi delegation’s visit to Iran’s northeastern Khorasan Razavi Province, an agreement was reached on Saturday for the establishment of a direct flight between the Iranian holy city…

The Franco-Italian planemaker ATR Aircraft delivered five new ATR 72-600 planes to Iran Air on Saturday and the jets landed in Tehran a day later on Sunday, which move is interpreted by Iran Air…

More than $2 million worth of water dispensers were imported into Iran from 11 countries during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…