Economy

More than 2,100 tons of goods worth $150,000 were exported via southern Qeshm Port during the first five months of the current Iranian year (started March 21), which despite a 21% decrease in…

The first half of the current Iranian year (started March 21) saw a 58% rise in the shipment of goods to and from three customs department of the northern province of Mazandaran compared to the…

More than nine years have passed since the implementation of Article 44 of Iran’s Constitution, which includes regulations aimed at decentralizing state enterprises through privatization. However…

The 10th Iran Plast Fair opened for registration of firms in the fields of petrochemicals on September 26, announced the manager of the exhibition, Mohammad Maghare, adding that the process will…

Iranian entrepreneurs, executives and investors at home or abroad are given priority over others when it comes to investment in different economic sectors of the country, said President Hassan…

Figures released by China’s General Administration of Customs show that trade between Tehran and Beijing, standing at $24 billion in the first 8 months of 2015, fell 34% compared to the similar…

Apple CEO Tim Cook had much to say about the iPhone on Sept. 9, when he took the stage to unveil the company's newest models. For automakers, the biggest takeaway was the feature he didn't discuss…

Daimler AG on Saturday said it recalled some of its Mercedes-Benz vans in June to change the software of an emissions-related device. The company said the recall was unrelated to recent Volkswagen…

Taxi passengers in Tehran can pay their fares using point of sale devices in the near future.

City Bank (Bank Shahr) is to provide these devices for Tehran Traffic and Transportation…

Volkswagen's own staff and one of its suppliers warned years ago about software designed to thwart emissions tests, two German newspapers reported on Sunday, as the automaker tries to uncover how…

Easing certain tax regulations and insurance policy should help improve the sluggish housing construction sector and keep prices in check, a Tehran-based housing analyst says.

There has…

One of the biggest challenges the Rouhani administration has been facing since taking office in 2013 and which remains unresolved so far, is the toxic influence of uncertified credit and financial…

SHAPARAK – electronic card and settlement system -- has handled 3.9 billion transactions worth 3.93 quadrillion rials ($131.2 billion at the official exchange rate) during the first five months…

Standard and Poor’s Rating Services Agency says the agreement reached with Iran regarding its nuclear program may lead to a revival of its economy and enhance Islamic finance.

An economist says the commercial banks’ inability to meet the increasing demand for loans and has cleared the way for unauthorized and unofficial credit and financial institutions to offer loans…

The goods and services Consumer Price Index for urban areas increased 15.1% in the 12-month period until September 22, which marks the end of the Iranian month of Shahrivar, compared to the same…

Misys, a London-based financial software company, said it was targeting an expansion plan that focuses on the Middle East and Africa, with plans to enter Iran as soon as sanctions are lifted in…

No matter how hard the authorities of Iran and Iraq have striven to push economic ties to a higher level, there is no end to challenges facing bilateral transactions.

The prospects and…

Tehran’s Grand Mosalla will play host to Iran’s Mines and Mining Industries Exhibition and Conference on Investment Opportunities, otherwise known as Minex 2015 during September 29-October 1.

The eighth International exhibition of heavy equipment and cutting edge machinery was hosted by Isfahan from September 23 to September 27 in an area of 5,000 square meters, showcasing brand new…

A home appliance fair featuring direct selling of domestic and foreign products is coming to an end today. The weeklong event offered 10-20% discount on market prices in the absence of…

At an elegant hotel in downtown Zurich, Switzerland’s financial center, Swiss business executives gathered to learn about Iran. The event was a trade conference held late in August, organized by…

A growing number of analysts and investors say the slowdown in China—the world’s second-largest oil consumer—and the expected stepping up of crude oil production in post-sanctions Iran are…

Iran Mercantile Exchange’s industrial and mining trading floor played host to 1,500 tons of copper cathodes, 1,000 tons of copper wire, 20,000 tons of low-graded copper, 140 tons of molybdenum…

As most stocks have reached their bottom values amid stubborn inflation and prevailing recession, with Tehran Stock Exchange gauge hovering around its recent two-year low, bargain-hunters are…