Economy

The possibility of a final nuclear deal between Iran and the P5+1 group (the five permanent members of the UN Security Council plus Germany), especially after the negotiators announced a '…

A Washington-based think tank has admitted that after the 2010 Stuxnet cyber attack, aimed at damaging Iran’s nuclear power plants, Tehran has become far more aware of any future digital threats…

Apple’s new smartwatch is believed to be selling out hours just after going on sale in the United Kingdom, with more than a quarter of the 38 style options already gone off the shelves and removed…

Iran’s internet users are being left out in the cold by Telecommunications Company of Iran, according to the head of the oldest private internet company, Shatel, ICT news agency reported on…

China’s rising mobile phone star Xiaomi today set a new world record  for mobile phone sales, selling 2.11 million new handsets in a 12-hour flash sale held as part of its fifth year…

Based on a recent strategy sketched out by Iran Central Chamber of Cooperatives (ICC) all the inactive cooperatives will be revived within three years, head of ICC Bahman Abdollahi said on Sunday…

Close to $1.16 billion worth of non-oil products  were exported via the customs offices of the southeastern Kerman Province during the past Iranian calendar year (ended March 20), recording a…

Iran is expected to produce close to 30,000 metric tons of shrimp in the current Iranian calendar year (started March 21), head of the Fisheries Organization Hasan Salehi said on Sunday. “Trout…

Home appliances made in European countries will make their way into Iran’s market after the removal of western sanctions (following the recent nuclear deal framework that was reached between Iran…

Iran is planning to send commercial attaches to India, Afghanistan, South Africa and the UAE in the coming days to identify trade opportunities with the target countries, Mir Aboutaleb Badri, a…

Iran proposed a Preferential Trade Agreement (PTA) with India when the head of Trade Promotion Organization (TPO), Valiollah Afkhamirad met with the Additional Secretary to India’s Ministry…

Deputy director of the Iranian National Tax Administration (INTA), Alireza Taari, has confirmed that the rate of value-added tax (VAT) through the current Iranian calendar year (started March 21)…

The rial fell against the dollar and gold coins on Sunday, as stocks retreated from 4-month highs, with investors hedging their bets and locking in profits.

The first market maker or liquidity provider in the Iranian equity market for pharmaceutical industry started operation under Bank Keshavarzi (Bank of Agriculture), after receiving a go-ahead from…

Tose’e financial and credit institution is offering 22 percent interest on one-month deposits, defying a central bank decision that the maximum rate should only be applied to one-year deposits,…

M utual funds had their worst year since the first started working in 2008. That doesn’t say much for a seven-year-old industry, but the bear market that took over the Tehran Stock Exchange in the…

A number of European banks have made contact with banks in Iran after the nuclear framework agreement was reached between Iran and the P5+1 (five permanent members of the UN Security Council plus…

Lopping zeros from the rial is not high on the agenda of the Central Bank of Iran or the Money and Credit Council (MCC), a lawmaker said in an interview with ISNA.

MINI has shown off their new concept in driving assistance, an augmented windscreen which highlights coming up potential incidents, World Car Fans reported on Saturday. The new system isn't…

Toyota Motor Corporation is to introduce a new Lexus model in China for the second year in a row, highlighting a completely redesigned ES sedan in Shanghai this month, Bloomberg reported on Friday…

Iran's auto sector has seen a boost in production since it was exempted from US sanctions under the Geneva interim nuclear accord reached in November 2013 and executed in January 2014. With the…

Citroen is conserving a new naming structure to better help distinguish its cars within parent PSA Peugeot-Citroen's line up, Autonews Europe announced on Friday.

New registrations of cars have been banned since March 18, and will continue until April 30, ISNA reported on Friday. The report notes that registered car importers are obliged to renew their…

In anticipation of a boost in sales, national auto producers Saipa and Parskhodro increased prices of their products between two million rials ($60.8 at free market rate) to 10 million rials ($304…

Various trading floors at the Iran Mercantile Exchange recorded the offering of more than 121,000 tons of commodities by local suppliers on Saturday trading, IME public relations reported. The oil…