Economy

The hazy economic outlook, coupled with liquidity crisis and uncertainties about listed companies’ performance, dramatically dragged down Tehran Stock Exchange’s benchmark to a three-month low.…

Iran Mercantile Exchange and Tehran Stock Exchange are gradually introducing more futures contracts as the country tries to hedge risks and stabilize the prices of agricultural, industrial and…

The Ministry of Economic Affairs and Finance has outlined a blueprint for banking reforms in a press release Sunday. The news comes after the conservative Tasnim News Agency criticized the…

Long-awaited Unionpay cards are now available in the country as a result of the nuclear agreement between Iran and world powers. The cards are now accepted and card holders can use them for their…

The Export Development Bank of Iran is preparing to return to international markets and help improve the Iranian market for attracting foreign investment after the lifting of sanctions.

There are an estimated a million empty properties in the country, head of the National Tax Administration said at the weekend as reported by the official website of the Ministry of Economic…

In a measure unheard of in recent Iranian economic developments, Bank Day has decided to accept aircraft as collateral from domestic carriers wanting loans to purchase new planes. The move is the…

According to the Ministry of Communications and Information Technology, 13 million Iranians are currently using Telegram, said Mohammad Hassan Entezari, secretary of the Supreme Council of…

Iran Post Company has lined up an ambitious project for the post-sanctions period.

In an interview with the Persian-language technology and telecoms website Tech Rasa, Hossein Mehri, chief…

Apple iPhone 6S and iPhone 6S Plus are now on sale this very minute via online pre-orders in the US, which is aimed at cutting back on long lines at its retail stores.

As foreign trade delegations flock to Iran, economic players of the domestic private sector are doubling efforts to attract investment to the small- and medium-sized enterprises. The heavy…

About 6 billion tons of minerals have been added to the country's proven reserves as a result of new explorations, announced the head of Iranian Mines and Mining Industries Development and…

There is significant potential for cooperation in the transportation sector between Iran and Spain, said Tehran Chamber of Commerce, Industries, Mining and Agriculture board member, Fatemeh Moqimi…

A bumpy ride at Tehran Stock Exchange on Saturday ended with TEDPIX picking up 14.80 points or 0.02% to close at 63,482.5.

More than 593,000 tons of commodities worth over $202.3 million were offered on Iran Mercantile Exchange’s trading floors on Saturday.

In order to rid the economy of overreliance on oil revenues and move out of a single-product deadlock, Iran is actively considering ramping up non-oil exports as an alternative source of revenue…

Trade Promotion Organization of Iran has issued a warning on its website against fraudulent messages sent by the so-called “World Trade Center of Iran” regarding an upcoming visit by an Iranian…

The construction of a new terminal for Kerman Province’s International Airport officially started on Thursday. “The new terminal will sit on a 20,000-square-meter area surrounded by 40,000 square…

President Hassan Rouhani issued a circular to the heads of executive departments and agencies, highlighting the priorities and main policies to be followed by them while drafting their budget for…

Iran’s export of technical and engineering services has declined sharply over the past four years, falling down by more than 75% from $4.3 billion in 2011 to less than $1 billion annually,…

There is no plan to increase prices of the subsidized Mehr public housing units the deputy minister for roads and urban development said. Ahmad Asqari Mehrabadi said the 21,000 low-priced houses…

Resumption of overseas banking activities will help boost economic growth, a Tehran-based economist said at the weekend.

“Businesses and the public will welcome the reopening of Iranian…

Data released by the Central Bank of Iran for the month ending April 20 shows that banks faced a huge challenge in the past year in holding on to their deposits. The downward spiral began well…

Managing a smart city requires a database of citizens’ personal and social behavior, said the deputy for sales and marketing of Informatics Services Company.

Speaking at a conference ‘E-…

The number of bounced checks has increased after the newly introduced electronic check system, Chekavak, came into effect.  The Secretary General of the Central Bank of Iran Seyyed Mahmoud…