Economy

Deputy minister of cooperatives, labor and social affairs, Kourosh Parand on Tuesday called on the private sector and entrepreneurs to invest in developing career-oriented education and micro and…

German exports to Iran jumped 30 percent last year to 2.4 billion euros, data from the Federal Statistics Office showed on Tuesday, bolstered by the easing of Western sanctions amid…

“The parliament on Tuesday rejected a proposal by the Joint Committee which would have led to an increase in fuel prices,” Head of the Management and Planning Organization, Mohammad Bagher Nobakht…

Three new indices were unveiled at the equity market by the Securities and Exchange Organization (SEO) on Monday to give investors and portfolio managers access to more transparent information,…

The mining sector experienced a 10.5% growth during the first half of the current Iranian year (to end March 20), Shata news agency cited a deputy minister of industry, mine, and trade as saying…

Stocks at Tehran Stock Exchange (TSE) were wavering between gains and losses on Tuesday’s trading, with all indices pushing the TEDPIX to settle in red territory.

According to TSE data, the…

An airborne geological survey of the country’s entire area will be carried out within the next three years; ISNA cited the deputy head of the Geological Survey of Iran (GSI) as saying.

The average lifespan of buildings in Iran is between 25 to 30 years, while the figure is 150 years in developed countries, Majid Veldan, an official with Iran Construction Engineering Organization…

More than 14 metric tons of hydroponic strawberries have been produced in Qeshm Island, located in the southern Hormozgan Province, in the current year (ends March 20), according to the public…

Iran is to export 100,000 metric tons of chicken in the upcoming calendar year (starting March 21), deputy minister of agricultural Jihad Hassan Rokni said in a meeting with his South African…

Minister of Communication and Information Technology, Mahmoud Va’ezi, has proposed a trilateral summit with Turkey and the Republic of Azerbaijan to be held in the Iranian capital of Tehran, IRNA…

The ministry of road and urban development is negotiating with the National Development Fund of Iran (NDFI) for funding eight road construction projects worth around $5.6 billion, said a deputy…

The total value of Iran’s exports to Russia amounted to $400 million in the first 11 months of the current Iranian year, which ends on March 20, half the level of exports to the northern neighbor…

It has been a while since the issue of eliminating high-income households from the list of cash subsidies came under the spotlight; however, the fact that identifying the rich might not be that…

Permits for three credit institutions shall be issued by the end of the current fiscal year (March 20), Hamid Tehranfar, Central Bank of Iran (CBI)’s deputy governor said. The three institutions…

Last year (2014) was probably the best year in over a generation for Iran’s domestic airline industry. In fact, with the help of the interim nuclear agreement, and its offer of airplane parts to…

The Jiring service or electronic mobile wallet (M-Wallet) service has been designed by Mobile Communication Company of Iran (MCI) to enable certain banking transactions and e-shopping on mobile…

The Azadi gold coin rose for the third consecutive day on Tuesday, diverging from gold’s decline in the international arena.

Azadi advanced 0.51 percent to 9,800,000 rials by 13:09 on…

Mohammad-Reza Nematzadeh, minister of industry, on Monday criticized the Central Bank of Iran for pushing commercial banks to set aside large amounts of deposits, known as the reserve-requirement…

Although one of the most important factor affecting deposit and loan interest rates is the inflation rate, authorities must consider other issues while making policy, a banking official said on…

The soaring financial fraud cases in the banking system is due to the fact that the banking regulations are not upheld when providing loans, said Prosecutor General Ebrahim Raeisi on Sunday night…

Chabahar, the Iranian port city located in the southeastern Sistan and Baluchestan province, played a significant role during the 1980-88 Iran-Iraq war in providing certain commodities. The city…

The rial fell for the second day in a row against a basket of major currencies on Monday, with new analysis arguing that the depreciation hurts manufacturing.

Demand for foreign currencies…

In line with the principles of the resistance economy, a doctrine proposed by Leader Ayatollah Seyed Ali Khamenei to counter western sanctions, Bank Saderat Iran has pledged to finance three major…

Iran Zamin Bank has rejected reports suggesting a distraint notice has been issued on its assets.