Economy

Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official at the…

The European Union may opt for digital currencies in its dealings with Iran, as it seeks to save the nuclear deal it signed with Iran along with other world powers in 2015 and now in tangible…

Gholamreza Soleimani Amiri, the former director of Social Security Organization, secured the approval of President Hassan Rouhani’s Cabinet on Wednesday to replace Abdolnasser Hemmati as the new…

Iranian authorities are pushing ahead with construction plans of a subway station in Hashtgerd, a city in Alborz Province west of Tehran.

According to the public relations office of…

The newest round of Shiraz Auto exhibition, one of the major automotive events in the country, was opened on Tuesday in the southern city of Shiraz. According to local automotive website Donyaye…

Judiciary Chief Ayatollah Sadeq Amoli Larijani says they have questioned potential suspects in the case revolving around the alleged illegal release of imported vehicles from the customs…

EU countries on Monday gave European firms legal cover to operate in Iran despite the US pullout from the nuclear deal, after a report that the US administration has rejected calls by Brussels…

The French, British and German governments have told Iran they are exploring activating accounts for the Central Bank of Iran with their national central banks to open a financial channel and…

Between 6 million and 8 million trips are taken to and from cities to suburban areas in Iran every day, of which only 17,000 are by rail. This means the suburban rail system accounts for only…

Payam International Airport, a cargo airport located in Karaj, Alborz Province, will start operating passenger flights in the Iranian month starting Aug. 23, the airport’s managing director…

Close to 853 tons of wheelbarrow tires worth more than $1.8 million were imported into Iran from three countries during the last fiscal year (March 2017-18), data released by the Islamic…

Iran exported 2.99 million tons of gas condensates worth $1.55 billion during the first three months of the current Iranian year (March 21-June 21), registering a 26.59% and 2.57% decline in…

Iran traded 7.38 million tons of non-oil commodities worth $5.18 billion with China during the first three months of the current fiscal year (March 21-June 21), registering a 12.04% decline in…

A total of $312 million were allocated by the Central Bank of Iran to people traveling abroad in the roughly three months that has passed since the Iranian government decided to unify the…

The Iranian Association of Islamic Finance has signed a memorandum of understanding to expand cooperation with REDmoney, a leading company organizing events on the Islamic financial markets…

Capital market authorities from Iran and Ghana signed a memorandum of understanding for cooperation between the two regulators in Tehran on Tuesday. The MoU, signed by Iran’s Securities and…

Iranian Privatization Organization is scheduled to stage the biggest privatization bid of the current fiscal year (March 2018-19) on July 31, IPO's deputy head, Zohreh Alipour, said.

The…

A total of 11.22 million tons of iron ore concentrate was produced in Iran during the first three months of the current fiscal year (March 21-June 21), to register a 20% growth compared with…

Tehran Stock Exchange’s main index lost 329.39 points or 0.3% on Tuesday to end trading at 107,780.6.

About 1.59 billion shares valued at $107.19 million changed hands at TSE for the day…

Cuba has started providing Internet on the mobile phones of select users as it aims to roll out the service nationwide by year-end, in a further step toward opening one of the Western Hemisphere…

Gifted students from 70 countries across the world have gathered in Tehran to compete in the 29th International Biology Olympiad which began on July 15 and is slated to end on July 22.

Iran exported 96,000 tons of raisins worth $153 million in the last Iranian year (March 2017-18), registering a decrease of 29% and 46% in tonnage and value respectively compared to the year…

Iran exported close to 29,483 tons of yogurt worth $29.14 million during the first three months of the current fiscal year (March 21-June 21), data from the Islamic Republic of Iran Customs…

More than 657,132 tons of lighters worth over $3 million were imported into Iran during the last Iranian year (March 2017-18), figures released by the Islamic Republic of Iran Customs…

Exports from Iran’s southern Fars Province saw a 25% rise during the last fiscal year (March 2017-18) compared with the year before to stand at $1.3 billion, the head of Shiraz Chamber of…