Economy

About 7,800 kilometers of freeways are under construction in Iran, 281 kilometers of which are expected to come on stream by the end of the current fiscal year (March 20, 2019), a deputy roads…

Systematic risks have caught up with the Iranian stock markets. Concerns regarding base metal prices, based on a stronger dollar and an escalating trade war between the US and China, sunk metal…

A strategic deployment of trade corridors is taking shape across Afghanistan and Iran, as both India and China subvert each other’s trade strategies through key geo-economic states.

Down payments by applicants in Bank Maskan’s three-year-old mortgage scheme that targets first-time home buyers have increased 70% in value over the year ending June 21.

The research arm of Iran's Parliament has conducted a study on cryptocurrencies, advising a host of decision-making bodies to join forces and employ the potentials of digital money and…

The Iranian National Tax Administration’s special prosecutor has threatened banks and credit institutions with legal action, if they fail to share the data of their customers with INTA. 

Less than three weeks before the first wave of US sanctions against Iran kicks in, India on Wednesday made it clear that its bilateral relations with Tehran stand on their own and will not be…

Iran exported 519,790 tons of watermelon worth $95.46 million during the first three months of the current Iranian year (March 21-June 21), Financial Tribune’s data analysis based on the Islamic…

European efforts to keep Iran in the nuclear deal (formally known as the Joint Comprehensive Plan of Action) will face major challenges, including US attempts at sabotage.

Iran traded 3.47 million tons of non-oil commodities worth $1.77 billion with Iraq during the first three months of the current fiscal year (March 21-June 21), registering a 1.12% and 9.11%…

Just a few days before the beginning of the 2018 World Cup, analysts with football data site Transfermarkt put the value of Iran’s national football team at around £38.3 million ($50.26 million…

Close to 28,117 tons of peanuts worth about $34 million were imported into Iran from seven countries during the last Iranian year (March 2017-18), based on figures released by the Islamic…

Major social insurer Iran Social Security Organization (SSO) has launched electronic services which are aimed at easing citizens’ access to health insurance programs.

South Africa’s MTN has halted collaborations with Iranian fiber optic network service provider Iranian Net.

Iran’s major e-retailer, Digikala, has begun collaborations with Rocoland, a local website offering food products in the capital. 

With 12 years of experience in online shopping,…

The government has purchased more than 300,000 tons of colza worth around 9 trillion rials ($209.3 million) from local farmers so far this year, indicating an 85% rise in tonnage compared with…

As it races to save the Iran nuclear deal, the European Union has so far failed to give European companies the certainty they need to keep trading with Tehran.

A factory producing different kinds of plastic products was launched in Chabahar Free Trade Zone in the southeastern Sistan-Baluchestan Province on Tuesday.

Some 360 billion rials ($8.37…

The government’s policy to allocate dollars and euros to companies at a fixed rate of exchange was the best policy, a deputy minister of economic and finance affairs said.

Hossein Mir-…

Iran traded 5.79 million tons of non-oil commodities worth $3.81 billion with the UAE during the first three months of the current Iranian year (March 21-June 21), registering a 4.14% and 5%…

Major Iranian lead and zinc producers extracted a total of 387,057 tons of ores during the first quarter of the current fiscal year (March 21-June 21), indicating an 86% uptick in production…

Tehran Stock Exchange’s main index lost 4.12 points on Wednesday to end trading at 107,776.5.

About 1.55 billion shares valued at $152.22 million changed hands at TSE for the day.

Two goals set have been set for the recent establishment of the so-called “Secondary Forex Market”, namely meeting the country’s monetary needs through non-oil exports and setting a non-…

Russia and Kazakhstan are temporarily stepping back on sales of hot-rolled steel coils to Iran partly over the prospects United States reimposing sanctions on Tehran in August, steel traders…

Iran’s banks and credit institutions have continued the process of reducing their local branches in the past three months, according to latest numbers disclosed by the Central Bank of Iran,…