Economy

Tehran Stock Exchange’s main index gained 172.7 points or 0.2% to end Tuesday trade at 87,649.9.

The index is hovering near 45-month high these days.

About 1.1 billion shares…

This year’s Europort exhibition, which takes place at Rotterdam Ahoy from Nov. 7-10, will have a significant presence from Iran, one of the fastest growing markets in the maritime sector.

Iran didn’t need to take a cue from Saudi Arabia’s success with its Alcoa joint venture Ma’aden Aluminum smelter and downstream operations, as just about every Middle Eastern natural-gas…

More than $150 million worth of hand-woven carpets were exported from Iran during the first half of the current Iranian year (March 21-Sept. 22), registering a 13% rise compared with the…

The average Producer Price Index in the 12 months ending Oct. 22, which marks the end of the Iranian month of Mehr, increased by 8.9% compared with last year’s corresponding period, the latest…

A new ride-hailing app ‘Netax’ is offering services in the northwestern city of Orumiyeh, the capital of West Azarbaijan Province. The newcomer operates through Android and iOS applications and…

Chinese vendors have slashed the price of Apple’s iPhone8 by up to a fifth in a bid to lure customers amid sluggish demand ahead of the launch of the tech giant’s much-anticipated iPhone X on…

Samsung’s web browser is now available on all smartphones running Android 5.0 and above. In the same update, Samsung Internet is also getting a built-in ad-tracking blocker.

Efforts are underway to bring under control a deadly blaze that ripped through an oil well in the southern Khuzestan Province last week.

On Sunday, two workers were killed after fire…

In line with the goals of Sixth Five-Year Development Plan (2017-22), a $100 million capital increase in Investment Guarantee Fund for small- and medium-sized enterprises will be considered in…

The latest edition of Kish Invex expo, one of the most important events for the Iranian money and capital markets, opened on Monday on the southern coast of Kish Island. More than 250 local and…

Minister of Economic and Finance Affairs Masoud Karbasian announced that Iranian banks have about eight months to end their non-banking activities for which they have constantly come under fire…

The government and the parliament are set to work together in a bid to improve the business environment and increase the productivity rate, Gholam-Hossein Shafei, the chairman of Iran Chamber of…

Close to 400 tons of biscuit worth nearly 32.55 billion rials ($1 million) were imported into Iran during the five months to Aug. 22, according to figures released by the Islamic Republic of…

A two-day meeting of railroad authorities from countries along the Persian Gulf-Black Sea Transport Corridor is scheduled to be held in Tehran on Tuesday and Wednesday, the International Affairs…

Iran will reopen all its border crossings with Iraq’s Kurdistan Region in the coming days, lifting restrictions imposed after last month’s Kurdish vote in favor of independence, Iran’s Chief of…

A Russian food exhibition, organized by Russian Export Center, is scheduled to open in Tehran on Thursday in the presence of 30 leading Russian companies engaged in food industries.

Tehran is scheduled to host the Second International Exhibition of Meat and Related Industries known as Meatex on Nov. 13.

Iran Fara Bourse’s main index IFX gained 8.9 points or 0.93% to close Monday trade at its all-time high record of 969.57.

IFX’s previous historical high of 961.03 was reached on…

Golgohar Mining and Industrial Complex produced 13.66 million tons of iron ore concentrate and pellets during the first seven months of the current fiscal year (March 21-Oct. 22), indicating a 7…

SAIPA has signed a contract with Hyundai PowerTech Company, a subsidiary of the South Korean giant Hyundai Motor Co., for the production of gearboxes.

The deal was signed by the director…

The Central Insurance company of Iran has announced new vehicle insurance regulations through which the drivers’ behavior will have a direct impact on their car insurance rates, said CII’s…

A face-lifted version of the Chinese crossover JAC S5 was spotted on the streets in Tehran by car enthusiasts late last week. The vehicle had a temporary number plate issued to cars deemed ready…

US Treasury Secretary Steven Mnuchin squashed speculation that he has warned Turkish officials of possible sanctions targeting the nation in violation of Iran sanctions.

The number of residential deals in Tehran has increased during the first seven months of the current Iranian year to Oct. 22, indicating a pre-boom phase in the embattled housing sector, the…