Economy

MTN Irancell has launched new online services to support its subscribers and communicate with them through the highly-popular messaging application Telegram. The company has launched its Telegram…

Nvidia is kicking off CES 2016 with its traditional first keynote. CEO Jen-Hsun Huang wasted no time getting to the “punchline,” a new supercomputer for cars he’s calling the Drive PX2, the follow…

Finland’s Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its €15.6-billion ($17 billion) all-share offer and the two telecom equipment makers would combine on…

Online searches using the word “Iran” in English and Persian scripts have jumped 10% during the past few days, according to Google.

The leading country heading this trend is surprisingly…

A member of the Iranian Society of Consulting Engineers has called for revising  the manner in which construction permits are issued by shifting authority from the municipalities to the…

Lenders should offer housing loans with long-term repayment periods in order to lift the sluggish housing market, Hussein Abdo Tabrizi, an advisor to the minister of roads and urban development…

Heavy investment in real estate and business ventures is the primary reason behind the failure of Samen-al-Hojaj Credit Institution to meet its financial commitments to depositors.

The Majlis Research Center has voiced support for the healthy operations of interest-free institutions (aka Qarzol-Hasaneh) saying the presence of the small-scale financial institutions is “…

The Economy Ministry and a Danish bank have signed a memorandum of understanding (MoU) on banking ties, Foreign Minister Mohammad Javad Zarif said.

 Following a request by the Central Bank of Iran, the Communication Regulatory Authority of Iran has banned unauthorized financial institutions from sending SMS ads. The CBI has also taken up…

Marine industries in Sistan and Baluchestan Province provide an investment bonanza, said the province’s governor general on Saturday.

The Central Securities Depository of Iran issued 19 new trading codes to foreign investors in the Iranian month ending December 21. According to SENA news agency, the sole registration entity and…

Iranian Aluminum Company produced more than 135,230 tons of aluminum ingots during the nine-month period of the current Iranian year (March 21-Dec. 21), indicating only a 0.13% drop in production…

The Russian Roststelmash Company, a producer of agricultural equipment, has expressed readiness to sell 150 vector combine harvesters to Iran, announced the company’s CEO, Valeriy Matsev, on…

Tehran Stock Exchange’s all-share index TEDPIX inched up 17.90 points or 0.03% to close Monday trade at 61,728.1.

Over 575 million shares valued at around $34 million changed hands to…

The Iranian government is streamlining its foreign exchange operations to help the central bank manage the foreign exchange rates, as low oil prices, coupled with ongoing sanctions on oil and…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of 2,220 tons of C hot-rolled sheets, 2,200 tons of B hot-rolled sheets, 1,000 tons of B cold-rolled sheets and…

The main advantage for Iran’s paint production sector is the availability of cheap petrochemical and oil products, managing director of Shadan Chemical Company said.

Mohammad Ali Asasi…

Iran will start genetic modification of shrimp, carp and trout in cooperation with Brazilian and Hungarian experts in the fourth quarter of the current Iranian year (to end March 19, 2016), said…

Dhaka is in talks with Tehran to set up a fertilizer plant in Iran, says Bangladeshi Industries Minister Amir Hossain Amu. As per the proposal, the plant, which is expected to manufacture 700,000…

The goods and services Consumer Price Index for rural areas in the 12-month period ending December 21, which marks the end of the Iranian month of Azar, increased by 12% compared with last year’s…

The new direct taxation law will cut income taxes to make Iran’s business environment more competitive, the head of National Iranian Tax Administration said on Tuesday. The top end of personal…

Danish Foreign Minister and Deputy Prime Minister Kristian Jensen is in Tehran at the head of an economic delegation to meet Iranian political and economic officials to discuss bilateral…

Algeria is considering using the engineering prowess of Iranian firms to help the North African country build 23,000 kilometers of roads and highways.

This was announced by Algeria’s…

Iran is "raising the barriers against imports" for the next Iranian year (starting March 20, 2016) to stabilize the economy, Deputy Minister of Industries, Mining and Trade Valiollah Afkhamirad…