Economy

Volkswagen plans to replace CEO Matthias Mueller as the German automaker takes another step to move past the lingering effects of its 2015 diesel emissions scandal, according to sources familiar…

France is entitled to bring criminal proceedings against local managers of ride-hailing app Uber for running an illegal taxi service, the EU top court ruled on Tuesday, dealing the Silicon…

A 16-member delegation of Rice Exporters Association of Pakistan has left for Iran to explore trade and investment opportunities in general and enhance rice export to the neighboring country in…

Iran has listed the commodities that should be prioritized for export to neighboring Iraq.

Iran and Uzbekistan are currently in talks to revise or remove import/export tariffs in bilateral trade, a deputy minister of industries, mining and trade said in a joint business forum held in…

More than 3.5 million tons of goods were loaded and unloaded at Kish Port located in the southern Hormozgan Province in the last Iranian year (March 2017-18), which shows a 68% rise compared…

About $2 billion worth of non-oil goods were exported from East Azarbaijan Province during the 11 months to Feb. 19, registering an 8.6% increase compared with last year’s corresponding period,…

The first edition of an international event dubbed “Iran Jobex” is slated to run from April 25 to 28 at Tehran’s International Fairground.

Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander…

Tehran Stock Exchange’s main index lost 372.69 points or 0.38% on Tuesday compared to the day before to end trade at 96,748.

About 759 million shares valued at $27.84 million changed…

A total of 213 mutual and exchange-traded funds in Iran's capital market posted an average return of 17.5% during the previous fiscal year (March 2017-18), data released by Financial Information…

As part of its commitment to improve transparency about its performance, Tehran Municipality unveiled a first-of-its-kind website, Shafaf.tehran.ir, on Tuesday. The website offers viewers a full…

Following news that the US dollar rate has been unified at 42,000 rials, gold prices also went into freefall, although the head of Tehran Gold and Jewelry Union declared that gold coin trade has…

Iran's liquidity exceeded 14.89 quadrillion rials ($354.52 billion) by the end of the 11th month of the previous fiscal year to Feb. 19, latest data released by the Central Bank of Iran show.

The Central Bank of Iran's Governor Valiollah Seif answered heated questions during an appearance in the latest open session of the parliament after the government announced late Monday that it…

Bank Melli Iran, the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Fara Iran…

Apple introduced new red models of the iPhone 8 and 8 Plus on Monday. As with the iPhone 7 models announced around the same time last year, Apple is working with Product (RED), an organization…

School and university students from local and foreign institutions competed in the 13th RoboCup Iran Open competitions held at the Tehran Permanent International Fairground from April 3 to 7.

Iran's government decided to finally put an end to the dual foreign exchange regime, in an attempt to control the bullish foreign exchange and gold markets and promote safety of foreign…

Thirteen chicken farms have been infected with avian flu since the beginning of the new Iranian year (started March 21), Ali-Safar Makan-Ali, an official with Iran’s Veterinary Organization,…

Iran Chamber of Commerce, Industries, Mines and Agriculture hosted a joint forum between Iranian and Czech businesses in Tehran on Tuesday.

Based on the latest Eurostat figures shared…

During the Norouz (Iranian New Year) holidays (from March 15 to April 6), a total of 758,963 trips made by Iran’s public road transportation fleet handled 7,788,879 passengers, registering a 3.4…

A delegation of high-ranking officials from Qatar’s Ministry of Transport and Communications as well as Qatar Ports Management Company arrived in Tehran on Monday to survey avenues of expanding…

Misguided forex policies, lack of commercial and financial ties with the world, ineffective system of local businesses and decades-long unhealthy macroeconomic environment are the main factors…

The current upheaval roiling the foreign exchange market requires a different response than in the past, as conditions surrounding the volatility have changed, the government spokesman said.…