Economy

Belgium-based research organization International Crisis Group has commissioned a survey of more than 60 senior managers with direct responsibility over Iran business at leading international…

The Iranian housing sector is witnessing a notable increase in residential deals in a sign of imminent recovery, but a deputy roads and urban development minister said this will not translate…

The Central Bank of Iran is focused on creating new models of payments involving mobile phones and boost the security of existing ones, the head of the bank's Payment Systems Department said.

Iran’s central bank has filed a suit in Luxembourg against Deutsche Boerse’s Clearstream unit seeking to recover $4.9 billion in assets plus interest, the German stock exchange operator said on…

Money supply reached 13.9 quadrillion rials ($312.35 billion) in the second quarter of the current Iranian year to Sept. 22, 2017, marking a growth of 10.9% compared with the same period of last…

A delegation from Kyrgyzstan’s Ministry of Health visited Iran last Sunday within the framework of a memorandum of understanding on joint cooperation in the field of healthcare, medicine and…

Iran warned on Wednesday that its multibillion dollar deals for Airbus planes had been thrown into doubt by US President Donald Trump's attacks on the nuclear deal.

The 14th session of Iran-Belarus Economic Commission will be held in Tehran on January 22-23, a spokesman for the Belarusian Ministry of Foreign Affairs, Dmitry Mironchik, told a press briefing…

With the shadow of political risks receding, investors went back to cashing in on rising global commodity prices and stocks kept growing after weeks of lackluster trade.

Tehran Stock…

Iran's crude production inched up in December as the country maintained output close to levels it has agreed to under a global supply cut deal, OPEC's data showed on Thursday.

Crude oil…

Startups could help combat air pollution by developing sensors and control systems, the deputy for renewable energy at the Vice Presidency for Science and Technology said. Sirous Vatankhah…

Finland’s Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo, which boasts nearly half of the country’s…

Iran and Pakistan have agreed to expand bilateral scientific ties.

The agreement was reached during a meeting between Pakistani Minister for Science and Technology Rana Tanveer Hussain…

Targeting Iranian stock traders and investors, the local startup ‘Raahkar’ (meaning solution in Persian) has started offering online market services.

The services are accessible through…

Alphabet Inc.’s Google and Tencent Holdings Ltd. have agreed to share patents covering a range of products and technologies, marking an alliance between two of the world’s largest corporations…

The US dollar made new gains against the rial on Wednesday, but stopped short of crossing another psychological barrier. The rial was quoted at 44,400 to the dollar in Tehran’s open market,…

With the next plenary meeting of the intergovernmental Financial Action Task Force in sight, which will also rule on Iran’s cooperation with the anti-money laundering body, the country could…

Bank Maskan, as the country’s only specialized lender in the housing sector, will be supported by the Iranian government, particularly the Ministry of Roads and Urban Development and the…

The services sector has received the biggest share of all bank credits allocated in the first nine months of the current fiscal year to Dec. 21, the latest data published by the Central Bank of…

Getting a share of foreign credit lines is easier for private-sector companies as, unlike state projects, they do not require a license from the Economy Council, said the Central Bank of Iran’s…

Iran Airports Company registered 38,343 takeoffs and landings in the Iranian month ending Dec. 22, which shows a 13% rise compared with last year’s corresponding period.

Close to 4.8…

The export price index for the ninth month of the Iranian calendar (Nov. 22-Dec. 21) stood at 285.9, registering a 3.4% increase compared to the preceding month and a 12.1% rise compared with…

To cover its widening budget deficit of 395.4 trillion rials ($8.98 billion) in the first eight months of the current fiscal year (March 21-Nov. 21), the government had to issue 106% more bonds…

Tehran Stock Exchange’s main index gained 326.63 points or 0.33% to end Wednesday trade at 98,923.5.

About 1.2 billion shares valued at $71.02 million changed hands at TSE for the day.…

Iran exported about $18.8 billion worth of industrial products in the seven months to Oct. 22, 2017, registering a 3.3% increase compared with the previous year’s corresponding period.