Economy

The First International Franchise Exhibition and Conference endorsed by the World Franchise Council opened at Tehran’s International Fairground on Sunday.  

Benchmarks can provide a valuable share when they are used appropriately in markets.

For instance, a benchmark may be useful to manage financial risks efficiently as a hedging tool for…

In its latest directive to the banking system, the Central Bank of Iran has obliged all banks and credit institutions to refrain from accepting any kind of guarantees from financial entities…

Iran Chamber of Commerce, Industries, Mines and Agriculture has proposed an Asian model for economic development to weather the current storms facing the Iranian economy.

In light of the significant surge in the number of electronic transactions, the ratio of cash and coins to liquidity in Iran has declined by 3.5% in the past four years, announced the CEO of…

Iran Insurance Company, the biggest state-owned insurer that will soon become the only government-run insurer after shares of other companies are sold, is to establish a first-of-its-kind…

Shares of Facebook Inc fell more than 4% on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would…

A local startup has launched a service to help building residents get rid of the hassles of sharing expenses and bills.

The service dubbed 'iParteman' is accessible through the website…

German investigators have used data from Apple iOS' built-in Health app as evidence in the investigation of a murder case.

The US trade representative put Alibaba’s Taobao on its blacklist for the second year in a row over suspected counterfeits sold on the shopping platform, a move the Chinese e-commerce giant said…

The latest report released by the Statistical Center of Iran on Saturday shows residential construction permits issued this summer have increased both in Tehran and across the country.

A board member of Middle East Bank, which alongside Bank of Industry and Mine was one of the two Iranian banks that clinched a €5 billion finance deal with Italy's Invitalia on Thursday,…

The latest report of the Central Bank of Iran on the interbank market indicates a steady increase in the scope and extent of this relatively new market both in terms of value and quantity.

The Board of Trustees at the National Development Fund of Iran–the country’s sovereign wealth fund–appointed Morteza Shahidzadeh to take the institution’s helm after the resignation of its…

Nakhlak Mineral Complex produced 2,019 tons of lead concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), indicating a 7% increase compared with last year’s…

Majlis Research Center has forecast a 3% economic growth and an 11.5% inflation rate for the next Iranian year (starting March 21).

Earlier, the research arm of the Iranian Parliament…

The Center of National Plan for Medicinal Plants is scheduled to launch a campaign to promote consumption and cultivation of herbal plants in Iran at Tehran’s Milad Tower from February 14 to 16…

A business delegation from North Khorasan Province will visit Turkmenistan in the current Iranian year (ends March 20) to discuss ways of boosting economic cooperation, the head of Bojnourd…

Out of 340 trillion rials ($7.9 billion) allocated to capital expenditure in the budget law for last year (ended March 20, 2017), less than 100 trillion rials ($2.32 billion) or 29.4% were…

About 230 million ornamental fish were produced in Iran in the last Iranian year (ended March 20, 2017), of which 66 million worth $2.2 million were exported, registering a twofold increase…

The city of Tabriz in East Azarbaijan Province accounts for 35% of Iran’s hand-woven carpet production, the chairman of Tabriz Handmade Carpet Producers Association said.

Esmaeil Chamani…

During the ninth month of the current Iranian year (Nov. 22-Dec. 21), 358 cooperatives with an initial investment of 77 billion rials ($1.74 million) were founded in Iran, registering a 51%…

Dilapidated trucks of over 50 years will be prohibited from plying on Iranian roads as of the beginning of the next fiscal year (March 21), the chairman of the Islamic Republic of Iran Road…

Home appliance prices have increased by about 5% compared with a month ago, a spokesman of the Home Appliances Manufacturers Union said.

Iran’s auto sector has notched up its ninth consecutive month of growth with Ministry of Industries reporting that 1,103,631 cars and heavy duty vehicles were produced in the country during the…