Economy

The US dollar is in the midst of an intensive bull run, with the currency again crossing the psychological threshold of 35,000 rials. On Saturday, however, the currency entered new territory to be…

As far as the money market is concerned, interest rate higher than the equilibrium rate means the real money supply exceeds real money demand. In other words, the amount of money people and…

Iran Mercantile Exchange’s industrial and mining trading board witnessed the supply of more than 1,000 tons of copper cathode by National Iranian Copper Industries Company with the base price of $…

Boredom, uncertainty, frustration. These three words best describe equity traders these days. Institutions and individuals alike have had to endure a bear market that has reigned for two years now…

Amid the widespread panic and brouhaha over the stumbling of the Chinese economy, the world somehow let a very crucial moment slip by-that of Iran announcing the issue of sovereign (short-term)…

Tehran Stock Exchange’s main index inched up 12.90 points or 0.02% to end at 63,083.5 on Sunday.

More than 438 million shares valued at over $24.3 million were transacted to record close to…

Iran is the world’s 17th biggest flower producer, but ranks 107th in global flower exports, according to Gholamhossein Soltan-Mohammadi, the head of Tehran Flower Producers and Exports Association…

Cultural and linguistic commonalities between Tabriz and Konya can pave the way for closer ties in trade, industry and tourism.

More than 220,000 tons of industrial goods, paraffin wax, detergent, coolers, plastic and carpets worth $209 million were exported from Qazvin to 27 countries, including Iraq, Afghanistan, Armenia…

Iran and South Africa discussed cooperation and investment in mineral exploration, exploitation, processing and research projects.

Iran’s market for professional money management is expanding rapidly. Total assets held by mutual funds rose threefold in the first two quarters of the current Iranian year (started March 21), an…

Contraband oranges are mostly infected by Mediterranean fruit fly and pose health hazard to consumers, said Abolqasem Hassanpour, an official with the Ministry of Agriculture, adding that these…

Iranian knowledge-based companies funded by the Vice Presidency for Science and Technology have produced generators and gearboxes for wind turbines.

Iranian researchers at Imam Khomeini Health Training Center in Ahvaz, southwestern Iran, managed to repair a fractured eye socket using 3D printing technology. Dr. Shahrokh Raisian, who heads the…

Perhaps everything’s bigger in America, as the old saying goes, but when it comes to mobile phone calls and data usage, US consumers are certainly paying big, sometimes nearly 20 times as much as…

Iranian Mines and Mining Industries Development and Renovation Organization will require close to $20 billion worth of investments for mineral exploration and exploitation, manufacturing of mining…

Iranian demand for gold jewelry surged to a near two-year high in the third quarter, as sentiment improved following Tehran’s signing of a nuclear deal with world powers in July, wrote Abu Dhabi-…

Iran Mercantile Exchange’s oil and petrochemical trading board witnessed more than 49,000 tons of bitumen supplied by Pasargad and Jey oil companies as well as Hefaz Azarbam Bitumen and…

Iran Mercantile Exchange will host Interexchange Electronic Union’s data transfer center. The decision was announced in a meeting between IME’s chief executive, Hamed Soltannejad, and IEU Chairman…

Bank Saderat Iran is to open several financial advisory centers to support production and investment, said Esmail Lalegani, the bank’s CEO, according to akhbarbank.com. He told reporters that in…

Figures published by the Ministry of Roads and Urban Development in a recent report on housing affordability threshold contradict market reality, a senior economist told the banker.ir website.

The Central Bank of Iran has sent a notice to automakers and dealers, asking them to watch for the limited number of car loans available.

In a letter to the Ministry of Industries, Mine and…

Central Bank of Iran has issued permits for 410 bureaux de change, director of CBI’s Licensing Department, Hamidreza Azargoun said.

About 5 million tons of potatoes and 2.1 million tons of onions are expected to be produced this crop year, according to an official with the Agriculture Ministry, Hassan Khadangi. “Some 200,000…

Iranian commercial attachés will soon be dispatched to Germany, Italy, France and Spain, says an official with the Trade Promotion Organization of Iran. Up until now, 21 commercial attachés have…