Economy

U US authorities are investigating London-based Standard Chartered Plc. for potential US sanctions violations connected to its banking for Iranian-controlled entities in Dubai, Reuters revealed on…

Tehran’s currency market was taken by tumult on Saturday as Friday’s hit on bullion transpired into a fall in the Azadi gold coin. Gold took a large hit on Friday, as a rally in the dollar hit…

The Export Development Bank of Iran (Iran’s Bank Tose-e Saderat) has announced that it will finance Iranian companies that win tenders offered by the OPEC Fund for International Development (OFID…

Industries are to receive a sum of 12,000 trillion rials collected from the implementation of the second phase of the subsidy reform plan, MNA reported Saturday.

The ministry of roads and urban development has said it wants to stop the destruction of commercial and residential properties sooner than their envisaged lifespan, the head of the ministry’s…

The head of the Kenyan Senate’s Foreign Policy Commission and his accompanying delegation visited the Iran Khodro Industrial Group (IKCO) production site, getting a chance to know the company’s…

The trade between Tehran and Kabul stands at $4 billion, the deputy foreign minister for consular, parliamentary and Iranian expatriates affairs, Hassan Qashqavi, said on Saturday. As IRNA…

The deputy of National Water and Wastewater Engineering Company (Abfa) said that this year has been one of the worst water years for rural areas, adding that the national water industry is facing…

Iran’s share in the Iraqi market has grown by 5 percent in the past year, and after Turkey Iran is now Iraq’s second largest partner, Jahanbakhsh Sanjabi, Secretary General of the Iran-Iraq…

The Venezuelan President, Nicolas Maduro, hailed Iran’s cooperation in his country’s national housing scheme - the Great Housing Mission project, FNA reported yesterday.

The new proclamation by the government has tasked the ministry of economic affairs and finance with fully implementing the policies to get the country out of stagnation without increasing…

The Iranian Ceramic Products Syndicate (IRCPS) said on Saturday that the country’s tile and ceramics industry is working at only 40% capacity and that many companies are on the verge of bankruptcy…

Over 43,000 tons of various commodities were up for grabs on the spot market at the Iran Mercantile Exchange (IME) on Saturday, according to the IME’s public relations office.

The figure…

The Iranian Cement Industry Association is sending a proposal to the ministry of industry, mine and trade seeking to put an end to cement exports through channels other than the Iran Mercantile…

A big rally at the Tehran Stock Exchange (TSE) pushed the TEDPIX above 75,000 at Saturday's close, demonstrating a strong bullish trend, as all indices recorded breathtaking earnings, with the…

Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the new policies pursued by the organization encourage the presence of the private sector in new…

The Securities and Exchange Organization (SEO) said it was holding negotiations with the oil ministry to remove the obstacles faced by the listed petrochemical companies and refineries, reported…

Despite the fact that Iran is a major producer of herbs in the region, the industry remains somewhat low-profile. That is mainly because Iranian products are offered in loose packaging that…

An official with the Tehran Stock Exchange (TSE) has said that more foreign investors are entering the equity market despite financial restrictions imposed by western sanctions.

“The TSE…

The 2nd Iranian Auto Industry International Conference (IAIIC) is due to be held in December in Tehran to present the attractions of the country’s auto industry to global automakers.

Plenty of skeptical investors are mulling over pouring money into the Tehran Stock Exchange (TSE), as the bull market has been reigning for more than past two months at the equity market.  …

Launching steel plants in the southeastern province of Sistan and Baluchestan will help local economy grow, said Hamed Ali Mobaraki, head of the Chabahar Free Trade and Industrial Zone (CFTIZ). “…

Initial policies for the use of the digital currency Bitcoin are being set out by the National Center for Cyberspace (NCC), the deputy head of regulatory affairs of the organization told IRNA on…

Almost one year after the US began to loosen sanctions on exports to Iran, Apple is reportedly in early stage talks with distributors to start official sales of its products in the country.

The Azadi gold coin is set for a drop on Saturday and Sunday before Iran's market takes a two day break on Monday as Iranians mark Ashura, mourning the martyrdom of Imam Hussein and his companions…