Economy

The reestablishment of Iran-Indonesia Economic Commission shows both countries have started “serious cooperation” in various economic fields, said Foreign Minister Mohammad Javad Zarif.

He…

More than 11.5 million tons of goods worth $15.7 billion were imported from Asian countries such as China, the UAE, South Korea, Turkey and India during the first half of the current Iranian year…

Pakistan has always enjoyed a rather favorable strategic position in its region. This explains China’s longstanding interest in the country and its willingness to support the China-Pakistan…

Nikuiyeh gold zone, located in Qazvin Province, has been put out to tender to attract private sector investors to develop the reserve, announced director general of Mineral Exploration Bureau of…

Apple's potential damages in a patent fight with the University of Wisconsin's licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got…

Police in western Germany have issued an urgent appeal to parents: "Don't post photos of your children on social media websites for all to see." The somewhat unusual appeal by Hagen police…

German telecom companies will be obliged to keep telephone and Internet data for up to 10 weeks to help fight crime under a new law passed by the country's parliament on Friday after a long…

The 35th edition of the Gitex Technology Week will host the entire Middle East's tech community, combining the likes of 3D printing technologists, startup experts and local luminaries in related…

Irancell, the country's second largest operator, has officially warned its subscribers of iOS9 bugs and, "strongly advised them not to update the iOS software on their iPhones and iPads until the…

More than 12.5 million tons of iron ore concentrate were produced during the first six months of the current Iranian year (started March 21), indicating a small drop compared to the previous year’…

As the impact of psychological behavior on macroeconomic models has been proven by economists, many have voiced concerns that consumers’ excessive optimism and irrational expectations about the…

Iran has moved a step closer to opening up its economy for business, after the parliament passed a bill approving the July 14 nuclear deal with six world powers on Tuesday.

The deal, which…

Tehran Stock Exchange rallied on Wednesday after President Hassan Rouhani unveiled a package of measures to beat the ongoing recession faced by industries on Tuesday evening.

All indices…

Mirroring the TSE’s good performance, Iran Fara Bourse’s overall index jumped 14.41 points or 2.1% on Wednesday to stand at 701.

More than 185 million shares traded in 21,245 transactions…

More than 314,000 tons of commodities were offered in Iran Mercantile Exchange on Wednesday.

The export trading board saw 110,000 tons of granulated iron ore priced at $24 per ton from…

Supporting banks and revising tax policies are the two main components of the government’s new economic incentive package, presidential chief of staff Mohammad Nahavandian said Tuesday.

American comedian Bob Hope once said “A bank is a place that will lend you money if you can prove that you don’t need it.” The maxim might have then been a tad cynical, but after the 2008…

Construction workers’ insurance is in jeopardy due to the lack of funds, said Mohammad Hassan Zada, deputy for revenues at the Social Security Organization (SSO). Resources for funding the…

The Central Bank of Iran announced Wednesday that any revision in its regulations would only “change the structure” of the Money and Credit Council and the MCC’s duties would remain intact. The…

Iran is keen to attract more Malaysian students through an exchange program.

Currently, only a dozen Malaysian students are studying in Iran, compared to some 5,000 Iranian students in…

Iran has been crowned as the fastest growing nation brand in 2015, according to Brand Finance, a global independent brand valuation and strategy consultancy.

“Iran’s brand value went up 59…

More than 2,500 tons of shrimps worth $11 million were exported in the first half of the current Iranian year (started March 21), showing an increase of 108% in volume and 123% in value over the…

A high-ranking delegation of Filipino investors paid a visit to Imam Khomeini Special Economic Zone on Tuesday to explore the investment potential of Iran’s largest port, said the deputy head of…

About 500 million meters of fabrics are annually smuggled into the country, said Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh on Monday, adding that annual domestic demand…

Czech investors and companies are ready to participate in Iran’s infrastructure development and environmental projects following the lifting of sanctions imposed on Iran over its nuclear energy…