Economy

The first Iran-Luxembourg Forum opened on Wednesday and hosted Iranian and Luxembourg-based businesses keen on promoting bilateral trade.

Luxembourg, reeling from recently introduced…

Buying activity in the Iranian flat steel import market was modest in the week to Nov. 15, as prices for foreign material were significantly higher than the domestic market, sources told Metal…

Iran and Pakistan will conduct a pilot project of intermodal transportation under cover of TIR carnets (TIR Convention) within three months as per a memorandum of understanding signed by the…

A memorandum of understanding on agriculture and rural development cooperation was signed between Mexico’s Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food José Eduardo…

Iran is ready to introduce new tariffs for Turkmen trucks to ease bilateral trade between the two countries. This was announced by Minister of Roads and Urban Development Abbas Akhoundi in a…

The Iranian Privatization Organization is planning to put up the shares of two state-owned enterprises for sale on Tehran Stock Exchange and Iran Fara Bourse on December 4, IPO reported on its…

Three memoranda of understanding were signed between Iran’s Minister of Agriculture Mahmoud Hojjati and Ghana’s Minister of Trade and Industry Alan John Kyerematen during the sixth session of…

Ghiam Agricultural and Livestock Company has recently been listed on Iran Fara Bourse and is set to have its initial public offering in the over-the-counter market soon. This would mark the…

With the ever-growing developments in the World Wide Web, online shopping tools and applications have become more widespread while going to stores to purchase products has considerably decreased…

Tehran Stock Exchange’s main index TEDPIX gained 109 points or 0.1% during the fourth week of the month that ended on Nov. 15 to close at 88,005.9.

The benchmark index is currently…

Tesla Inc upstaged its own debut of an electric heavy duty truck named ‘Tesla Semi truck’ on Thursday when a red Roadster pulled out of the big rig’s trailer and Chief Executive Elon Musk said…

Users will receive 60% discount on Internet prices for using locally-developed messaging applications.

Iran's Telecoms Minister Mohammad Javad Azari Jahromi wrote on his Instagram…

One of the grim realities local startups usually put up with is government bureaucracy.

Censuring “unnecessary regulations” Gholamhossein Shafei, head of Iran’s Chamber of Commerce,…

The government will allocate 6,590 billion rials ($164 million) in loans and 2,810 billion rials ($70 million) as grants to households in the quake-stricken Kermanshah Province in western Iran,…

The Iranian banking system paid out loans worth 3.13 quadrillion rials ($76.48 billion) to nearly 5 million applicants in the first seven months of the current Iranian year to Oct. 22, marking a…

Iran and Norway explored ways of expanding financial ties between the two countries’ banks and credit institutions.

Iran and Singapore called for resolving banking issues to boost trade.

In a meeting with the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Singapore’s Ambassador…

Bank Sepah, the oldest Iranian lender, has managed to lower its ratio of non-performing loans close to 10% and boost its capital adequacy ratio to over 11%, which are both better than the…

Gold coin prices continued their weeklong surge to reach their four-year high in Tehran’s market on Wednesday.

After significant leaps in recent days, Emami gold coin fetched 13.94…

Tehran Stock Exchange’s main index gained 56.10 points or 0.06% to end Wednesday trade at 88,005.9.

About 911 million shares valued at $35.241 million changed hands in the day.

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Islamic Revolution Mostazafan Foundation has announced its readiness to supply up to 100,000 tons of cement for reconstruction operations in the quake-stricken Kermanshah Province. This was…

Non-standard imported beams have compromised the safety of over 60% of buildings constructed in Iran, the head of National Iron & Steel Union said.

“Some traders exploit the…

The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.

Government officials and economists, expecting an…

More than 557 kilograms of caviar worth over $1.37 million were exported from Iran during the seven months to Oct. 22, registering a 9% and 6.6% decline in weight and value respectively compared…

The construction of the Rasht-Astara railroad within the framework of the International North–South Transport Corridor project will start in the first half of 2018, the head of Azerbaijan…