Economy

Iran traded 736,089 tons of non-oil commodities worth $364.89 million with Pakistan during the first three months of the current Iranian year (March 21-June 21), registering a 14.79% and 17.9%…

In separate interviews, Iran’s deputy judiciary chief and the industries minister have delivered updates on an ongoing case in regard to illicit car imports, with the former announcing that four…

Last month, Uber hit 10 billion completed trips across rides and deliveries, the company announced on Wednesday. This comes about one year after Uber hit five billion trips. Lyft, Uber’s main…

Harley-Davidson Inc’s shares rallied on Tuesday after the motorcycle maker forecast a lower-than-expected hit to profit margins from US President Donald Trump’s trade tariffs and its quarterly…

Tehran’s construction material price index hit 250.8 over last spring, registering a 12.4% increase from the previous quarter and a 27.3% growth compared with the same period of last year, the…

Iran's in-the-works national cryptocurrency, which is expected to be unveiled soon, will in its first operational phase solely focus on clearing limited bank transactions, a top advisor to the…

Iran’s sovereign wealth fund deposited a total of 14 trillion rials ($320 million) with six agent banks in the first four months of the current fiscal year (ended July 21) for the lenders to…

The contract signed by Saman Insurance Company with Munich Re last year is still binding, despite new developments in the wake of the US pullout from the Iran nuclear deal, the company’s CEO…

Tehran Stock Exchange’s main index lost 263.05 points or 0.24% on Tuesday to end trading at 108,395.9.

About 1.11 billion shares valued at $61.90 million changed hands at TSE for the day…

Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said a total of 43 medical centers are under construction in Iran while studies are being carried out to soon build 58 more. …

Iran plans to use Turkmenistan-bound wagons to facilitate cement exports to Central Asia, especially Uzbekistan, an official with the Islamic Republic of Iran Railways said.

The new regulation regarding the establishment of pharmacies has invited a wide array of criticism, as it allows a decrease in the number of active doctor’s offices required for the…

Around 123,000 tons of pistachios worth $1.2 billion were exported from Iran during the nine months since the beginning of the current crop year (September 23, 2017, to June 2018), registering a…

Close to 56.2 tons of saffron worth over $77.4 million were exported to 46 countries during the first three months of the current Iranian year (March 21-June 21), based on the latest figures…

A recent report published by the Ministry of Industries, Mining and Trade shows coke and oil products are in the limelight when it comes to sectors of interest for investors.

A forum between Iranian ambassadors and private sector economic players is scheduled to be held at Iran Chamber of Commerce, Industries, Mines and Agriculture on July 29.

The Third International Exhibition of Horticulture, Raw Materials, Greenhouses, Herbal Medicines and Related Industries, Machinery and Equipment, also known as HIGEX 2018, will be held in Tehran…

About 2,500 cases of tax evasion and 3,000 shell companies have been newly identified by the Ministry of Economic Affairs and Finance. Noting that the ministry will not go easy on tax evaders,…

Iran traded 895,264 tons of non-oil commodities worth $973.48 million with Turkey during the first three months of the current Iranian year (March 21-June 21), registering a 5.14% growth in…

An Iranian Android developer has won a court case against an unnamed individual who has infringed the country's copyright law by distributing applications built by him without permission. The…

Alphabet Inc on Monday reported that expenses from its Google search business grew more slowly in the second quarter while revenue rose more steeply than analysts had anticipated, boosting…

It seems as if Samsung just leaked its next smart watch, the Galaxy Watch, on its US retail website, as first reported by CNET’s Scott Stein.  The model was a 42 mm rose gold version, and…

Iran exported 217,909 tons of tomatoes worth $74.2 million during the first three months of the current Iranian year (March 21-June 21).

Financial Tribune culled the above data from the…

The Ministry of Cooperatives, Labor and Social Welfare will be split into two separate ministries of “Social Welfare” and “Labor and Cooperatives” following the Cabinet’s approval on Sunday.…

Data from Iran’s Small Industries and Industrial Parks Organization show industrial estates across Iran have 33,012 production units, 7,875 of which (23.85%) have stopped operating and 11,807…