Economy

Governor of the Central Bank of Iran Valiollah Seif says if unauthorized financial institutions fall in line and are systemized the CBI will move faster to “adjust” interest rates, the website…

Iran is now the world's 12th largest market for cars after 1,106,000 cars were purchased in the country last year, which pegs it at a level equal to that of the entire continent of Africa.

Rolls-Royce expects its Dawn convertible to attract more younger buyers and more women to the brand.

The company recently released pictures and details of the new model ahead of the car's…

The Ministry of Industries, Mining and Trade has released statistics for vehicle production during the first five months of this Iranian year (ended August 22), during which local car…

Chocolate, the shared love of almost all people, has now turned into an incredibly popular food product that millions indulge in everyday for its unique, rich, and sweet taste. It has found its…

Armenia is negotiating a series of major trade and investment deals with Iran in the wake of western sanctions being lifted.

Currently 80 mineral exploration projects are underway covering 200,000 square kilometers of the country’s mineral-rich areas to discover new reserves, said deputy for development projects of…

Tehran Stock Exchange’s main index lost 809 points or 1.26% to close at 63,468 during the trading week that ended September 9, amid the reopening of several large-cap companies’ ticker symbols on…

Contrary to the unpredictable chronology of domestic and foreign events that have influenced the path of Tehran Stock Exchange over the past two years, some economists are resorting to the golden…

Iran Insurance Company will soon launch new web-based services for supplemental health insurance, the managing director said. Mahmoud Amrollahi said electronic contracting system and electronic…

The first vice president has called for addressing problems of the banking system, recalling that commercial banks are the primary source of finance for manufacturers in the bank-based Iranian…

The Central Bank of Iran has proposed a joint working group with Austria within which the central banks of the two countries can review two-way financial and banking relations, news posted on the…

Increasing financial discipline should be followed by effective and workable policies to pull the lethargic housing market out of recession, the deputy director of Iran Urban Economics Scientific…

The Export Development Bank of Iran is holding talks with a Russian bank on the establishment of a 10-million-euro line of credit to facilitate export of goods and services to Russia.

First Vice President Es’haq Jahangiri blames unrealistic public perception about post-sanctions prices for the ongoing recession in many economic sectors.

A trade conference on investment opportunities in Iran and the Caspian Sea littoral states – Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran–opens in Tehran on Saturday, announced the head…

Iran is interested in increasing cooperation with Serbia in agriculture, primarily in the fields of plant protection and production of seeds as well as scientific research, officials of the two…

Iran’s accession to the World Trade Organization has always been the subject of heated debate in the domestic arena throughout the past decades.

Mulberry trees in Mazandaran and Gilan Provinces, along with the intrinsic feature of adding to the beauty of the evergreen regions in northern Iran, also grow leaves that are fed to silkworms by…

The Second Mobile App Hackathon was hosted by Sharif University of Technology on Thursday. School and university students as well as university graduates competed during the 48-hour event in teams…

Iranian researchers have produced a nanocomposite containing graphene and gold nanoparticles that can improve the efficiency of electrochemical capacitors as an electrode.

According to Iran…

Samsung's new mobile phone, Galaxy Note 5, is to be offered in Iran to customers along with a USIM that supports GPRS, EDGE, 3G and 4G/LTE of MTN Irancell as well as MBB.

A new Pew Research Center survey finds that most Americans cannot answer questions about several scientific terms and concepts.

Most Americans (86%) correctly identify the Earth’s inner…

With sanctions on Iran expected to be lifted over the next few months, UCO Bank is bracing for a hit on margins. To offset the setback, the bank has launched an aggressive campaign to mobilize low…

As the government plans to sharply boost textile production over the coming decade, the systemic pressure from neighboring countries that base their respective garment industries on a strong…