Economy

Germany’s Stiftung Bildung and Handwerk (Education and Craft Foundation) signed a memorandum of understanding with the Technical and Vocational Training Organization and Iran Chamber of Commerce…

The government successfully sold its shares in Alborz Insurance Company on Saturday to a consortium made up of pension funds and an investment company.

The number of Iranian art galleries has been rising in recent years, a member of the Faculty of Art and Architecture of Islamic Azad University said.

In an exclusive interview with…

Close to 79.2 million tons of commodities were loaded and unloaded in Hormozgan Province’s Shahid Rajaee Port during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19),…

Tehran Stock Exchange’s main index lost 34.39 points or 0.04% to end Sunday trade at 97,354.3.

About 1.36 billion shares valued at $58.78 million changed hands at TSE for the day.

Italy’s Carlo Maresca on Saturday signed a $100-million contract with the Industrial Development and Renovation Organization of Iran to construct a solar power plant near Garmsar Special…

The Central Bank of Iran is working to fulfill the longstanding pledge of unifying the dual foreign exchange rates, despite recent volatility that unsettled the currency market. 

The controversial and pending case of illegal credit institutions in Iran has seemingly prompted the administration to make a U-turn regarding its previous scheme to rate certified financial…

Iran’s high-ranking political and economic delegation, headed by Foreign Minister Mohammad Javad Zarif, completed the last leg of its East Europe tour on Saturday after focusing on resolving…

Director of Resistance Economy Commission of the parliament has called on President Hassan Rouhani to increase the ceiling of loans for purchasing and renovating rural homes to 300 million rials…

The recent ruling by a US federal court ordering aerospace giant Boeing to disclose the details its contract with Iran will not create any problem for Iran's flag carrier, says Farzaneh…

Iranian export semi-finished steel prices continued to climb in the week to Feb. 28, as customers accepted higher prices.

Metal Bulletin’s weekly price assessment for Iranian billet…

The 29th National Handicrafts Exhibition is scheduled to be held from March 6 to 9 at Tehran’s International Permanent Fairground.

The annual event, organized by Iran’s Cultural Heritage…

Iran exported over 135,000 tons of citrus and melon zest worth $277 million during the 10 months to Jan. 20, registering a 1% decrease in value compared with last year’s corresponding period.…

Around 6.97 million tons of commodities were loaded and over 10.8 million tons were unloaded in Hormozgan railroad stations during the first 11 months of the current Iranian year (March 21, 2017…

Eleven million low-income Iranians will receive food aid package in the current Iranian week (that starts on Saturday), Minister of Cooperatives, Labor and Social Welfare Ali Rabiei said. “A…

Trade between Iran and Romania stood at over €479.7 million in 2017, registering a growth of about 11% compared with 2016.  This makes the country Iran’s eighth biggest trade partner from…

The export price index stood at 300.6 in the 10th Iranian month of Dey (Dec. 22-Jan. 20), registering a 5.3% increase compared to the preceding month and a 22.3% rise compared with last year’s…

Iranian airports registered 451,000 takeoffs and landings in 2017, which shows an 8% rise compared to 2016. Over 56 million passengers and 549,000 tons of cargo were transported last year,…

Major Iranian steelmakers had a good run during the first 11 months of the current fiscal year (March 21-Feb. 19), as they unanimously posted double and some even triple-digit growth in their…

In recent years, the financial industry has seen fast-growing adoption of financial technology, or fintech. Considerable investment flows are expected to be placed into the sector, which has…

Tehran Stock Exchange’s main index lost 572.99 points or 0.58% to end Saturday trade at 97,388.7.

About 2.41 billion shares valued at $125.54 million changed hands at TSE for the day.…

While carmakers and auto dealers expected a surge in demand during the closing days of the current Iranian year (ending March 20), the head of Tehran Auto Dealers Association said car sales have…

Iran Khodro’s Tuning Division is set to offer enhanced versions of the locally manufactured Peugeot 2008. Keivan Vaziri, the division’s director, said 110 optional tuning parts can be installed…

Iran’s largest automaker, Iran Khodro, is set to expand its presence in the Iraqi market by exporting vehicles equipped with automatic transmission.

According to IKCO Press, in the first…