Members of Majlis Economic Commission have commenced the process of reviewing articles of the Majlis motion to undertake long-awaited reforms in Iran's banking system and bestow the central bank…
Economy
Economy
First Vice President Es'haq Jahangiri announced that the new foreign exchange plan, which is intended to address the recent volatility in the currency market, has been approved by the High…
Economy
Tehran Stock Exchange’s main index gained 401.50 points or 0.32% on Saturday to end trading at 124,352.8.
About 1.95 billion shares valued at $168.86 million changed hands at TSE for the…
Economy
A memorandum of understanding has been signed between the Islamic Republic of Iran Customs Administration and the Ministry of Health and Medical Education to accelerate the process of customs…
Economy
Iran’s steel, metals and minerals trade with the world could be seriously hampered and limited to the local market, as the United States’ sanctions against the Islamic Republic are reimposed on…
Economy
Publicly-traded companies on Tehran Stock Exchange and Iran Fara Bourse added 27.79 trillion rials (about $630 million) to their share capitals during the first four months of the current fiscal…
Economy
Sina Food Industries Development Holding Company is set to put up a block share in its subsidiary Glucosan Company for sale on Tehran Stock Exchange on August 18 for the third time.
Economy
In the face of the upcoming US sanctions, Scania’s chief says the company is working on a contingency plan so as to deliver shipments of spare parts to its Iranian partners in an effort to help…
Economy
As part of a push to expand SAIPA’s presence overseas, Iranian ambassadors to Venezuela and Algeria visited the automaker’s production facilities and R&D center over the weekend.
“…
Economy
Nissan Motor Co said on Friday it agreed to sell its electric car battery unit to Chinese renewable energy firm Envision Group for an undisclosed sum. The announcement comes after Nissan…
Economy
The government's new package to salvage the volatile currency market agrees with the lawmakers' own plans for strengthening the rial, the chairman of Majlis Economic Commission said.
Economy
As Iran continues to battle a currency crisis mainly brought about by expectations of worsening international ties because of the reimposition of US sanctions, the country’s housing market has…
Economy
Germany’s central bank, Bundesbank, has revised its regulations to stop Iran from withdrawing €320 million ($400 million) in cash from the country’s bank accounts.
Under the new…
Economy
Iran’s intelligence forces disbanded a criminal ring on Thursday involved in foreign currency and gold smuggling. Coordinated security operations across the northwestern province of West…
Economy
After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before.
Overall, TSE's all-share…
Economy
Minister of Industries, Mining and Trade Mohammad Shariatmadari is scheduled to inaugurate Iran’s first iron ore beneficiation plant in Kerman Province on Saturday, his deputy Masoud Karbasian…
Economy
Following US President Donald Trump’s May 8 decision to withdraw from the Joint Comprehensive Plan of Action, the United States has embarked on a “maximum pressure” campaign against Iran.
Economy
Prices in the Iranian semi-finished steel export market decreased somewhat in the week ended August 1 because buying activity in the major outlets was limited by the imminent renewal of US…
Economy
Iran exported 536,549 tons of watermelons worth $98.97 million during the first four months of the current fiscal year (March 21-July 22),the Islamic Republic of Iran Customs Administration’s…
Economy
People and the Iranian Red Crescent Society donated a total of 4,000 billion rials ($90.9 million) to the quake-hit Kermanshah, the provincial governor of the western Iranian province said.…
Economy
Iran’s largest holding, Social Security Investment Company has announced plans for privatizing its subsidiaries.
SSIC, also known by its Persian acronym Shasta, says it will sell a 16%…
Economy
The Ministry of Industries, Mining and Trade issued 4,653 industrial establishment permits during the first three months of the current fiscal year (March 21-June 21), registering an increase of…
Economy
About 3,144 tons of cardboard worth $6.36 million were imported into Iran from 17 countries during the last Iranian year (March 2017-18), based on figures released by the Islamic Republic of…
Economy
Iran traded 10,231 tons of non-oil commodities worth $6.93 billion with China during the first four months of the current fiscal year (March 21-July 22), registering an 11.61% decrease in…
Economy
Online retail giant Amazon.com Inc, whose entry into Australia last year rattled established bricks-and-mortar retailers, posted a modest loss in its earliest days in the country, corporate…
Economy
