Economy

Tehran Stock Exchange (TSE)’s 4-day losing streak in the week that ended on February 26, was accompanied by further retreat, with the TEDPIX plummeting more than 1 percent within 5 working days.…

Iran Mercantile Exchange (IME) has recently been witnessing ever-increasing orders for bitumen on the export trading floor, which has made bitumen the most demanding commodity among all oil-…

With annual cement output of 75 million metric tons, Iran is among the world’s top five cement-producing countries. Unfortunately, environmental pollution is an inseparable part of cement…

Iran’s second largest mobile telephone line operator, MTN-Irancell, has announced that it has upgraded both Persian Gulf free zone islands of Kish and Qeshm to 4G LTE services, according to the…

Currency shocks in the Iranian market will be avoided in the next fiscal year if the demand for foreign currencies remains moderate, Mohammad Reza Pourebrahimi, parliamentary supervisor of the…

Website designing in Iran has had a long and tortuous history. Some might say that good website design in the country is anathema to the general populous. And you couldn’t agree more when it comes…

Commercial banking growth as predicted by a recent report is to be slowed down in the fiscal year beginning March 21.

“Risks of defaults will increase” for the banking industry, Business…

The recent announcements about Charsou Bazar and Palladium Mall opening have prompted Iran watchers to examine, and re-examine, the quickly maturing shopping precinct industry within the country.…

For the second consecutive day, retirees of the steel industry gathered outside the parliament building on Wednesday, calling for their overdue pensions to be paid, IRNA reported. The protesters…

Gas leakage in a glisonite mine in Shak Meidan region, 30 kilometers southwest of Gilan Gharb in western Kermanshah Province, caused an explosion, IRNA cited provincial governor Faramarz Akbari as…

The Tehran Stock Exchange (TSE)’s overall index tumbled at Wednesday close to record its fourth consecutive downtrend, though veteran investors garnered heavily devalued shares, with trade volume…

Based on the latest report released by the Iranian Steel Producers Association (ISPA), the private sector produced 1,615,350 metric tons of crude steel ingots during the first ten months of the…

The Protection of Computer Software Creators’ Rights Act was approved in Iran in 2000, but to date, it has not been fully implemented, head of Iran’s Software Exporters Association, Mohammad-Reza…

Iran Mercantile Exchange (IME) recorded a bustling trading day on Wednesday with a variety of commodities offered including 94,000 tons of agricultural products, 24,393 tons of chemicals, and more…

Commercial banks lent 2.7 quadrillion rials ($78.5 billion), during 10 months to Jan. 20, 2015, latest central bank data shows. Nearly 60 percent of the figure was lent to provide cash flow for…

The rial fell versus all major currencies and the Azadi gold coin on Wednesday, as reports of a phased deal over Iran's nuclear program taking shape, led investors towards foreign exchange.

The founder and head of Iran’s first private internet provider, Shatel Communications Group, has described the overall challenges and potentials of the Iranian telecommunications and internet…

Iran may replace its multiple exchange rate system with a unified one if economic conditions prove propitious, the economy minister said.

“Conditions for unifying foreign exchange rates…

The government has paid 3 trillion rials ($110 million at official exchange rate) of its debts to Bank Saderat Iran in cash, IRNA reported.

A former CEO of Eghtesad Novin (EN) Bank has questioned calls for cuts in reserve requirement ratio, saying the move could hurt the economy as it would add to money supply.

“The extra money…

The agriculture sector accounts for 90 percent of the country’s total water consumption, IRNA quoted deputy manager of Iran Water Resources Management Company, Jahngir Habibi as saying. He added…

The export of tiles and ceramics generates $500 million in revenues per annum, IRNA quoted Mojtaba Shirali, a member of Tiles and Ceramics Producers’ Council as saying on Tuesday.

The ban on the import of fertilized chicken eggs and day-old chicks from France has been lifted, Jamaledin Javidi, an official in Iran Veterinary Organization (IVO) told Mehr news agency on…

The number of passengers on international flight entering Iranian airports rose by 23% in the first ten months of the current year compared with the similar period last year, managing-director of…

The policy of distributing cash subsidies among citizens was wrong in the first place, First Vice-President, Es’haq Jahangiri, said on Tuesday.