Economy

Iran Insurance Company will cover the two ATR planes recently purchased by Iran Air, the head of IIC’s shipping, aircraft and transportation insurances announced. According to Majid Rahmati,…

The International Monetary Fund has hailed efforts by the Central Bank of Iran in curbing the activities of a multitude of unruly credit institutions, which eluded the regulator's oversight for…

Flexible office space provider Regus has opened its first office in the Iranian capital of Tehran in partnership with Edge Business Group.

Situated in one of the city’s main commercial…

Iran’s economic cooperation with South Korea is entering a new phase. Although the two countries are no strangers in industrial partnership and South Korean home appliances have been produced in…

Middle East Mines and Mining Industries Development Holding Company is taking steps to be listed on London Stock Exchange, announced Reza Ashraf-Semnani, advisor to MIDHCO’s managing director.…

Iran Air said the deal it has signed with the American planemaker Boeing won’t be affected, if the United Sates chooses to walk out of Iran’s nuclear deal—otherwise known as the Joint…

Iran exported more than 68 tons of saffron worth over 3 trillion rials ($92.36 million) to 54 countries during the five months to August 22. This registers a 26% and 35.4% growth in weight and…

Iran’s Civil Aviation Technology College has been granted Maintenance Training Organization Part 147 Approvals by the European Aviation Safety Agency.

The ministries of defense, health and education as well as the Civil Servants Pension Organization consume the lion’s share of the government’s budget, the head of Planning and Budget…

China will send six more cargo trains to Iran through the Kazakhstan-Turkmenistan route by the end of 2017.

The Indonesian and Iranian governments discussed tariff reduction in the fourth round of the preferential trade agreement negotiations to expand market access for Indonesian products.

It is estimated that 25,000 tons of shrimps will be farmed in Iran during the current Iranian year (started March 21), which would register a 13.6% rise compared with last year’s production,…

The Central Bank of Iran’s recent publication included the Household Expenditure Survey for the fiscal 2016-17.

The annual survey is undertaken by CBI’s Department of Statistics by…

The Ministry of Roads and Urban Development is planning to tweak regulations to activate leasing companies in the housing sector in order to undertake market recovery, a high-ranking official at…

The interest rates of entrepreneurship loans in rural and nomadic areas have been fixed at 8%, 6% and 0% respectively depending on their circumstances, the rural development deputy at the…

The Export Development Bank of Iran and the National Development Fund of Iran have agreed to add another 10 trillion rials ($256.4 million) to the previous 23 trillion rials ($589.7 million)…

Ahead of a trip by a private sector delegation to Switzerland, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture met with the newly-appointed ambassador of the Central…

Tehran Stock Exchange’s main index gained 190.20 points or 0.22% to end Wednesday trade at 85,819.0.

About 817 million shares valued at $78.552 million changed hands for the day.

Head of Syrian Engineers Syndicate, Ghiath Qattini, and the representative of Iranian Construction Engineering Organization in Tehran on Tuesday signed a memorandum of understanding for…

In a ceremony held at Iran-Germany Chamber of Commerce and Industry on Tuesday, iMOVE, an initiative of the German Federal Ministry of Education and Research (BMBF) belonging to the…

Inflation in Iran has landed in single digit territory again after it went above 10% in June. According to the latest report released by the Central Bank of Iran, the average goods and services…

Two ATR 72-600 aircraft are scheduled to land in Tehran’s International Mehrabad Airport today. Iran Air CEO Farzaneh Sharafbafi, along with other officials of the company, will be on board the…

Close to 6,340 tons of different kinds of soap worth nearly 197 billion rials ($6 million) were exported from Iran during the five months to Aug. 22, data released by the Islamic Republic of…

Iranian trade attaché in Baghdad said Iraq has considerably increased the volume of its non-oil imports from Iran.

“Iraq, over the first four months of the current Iranian year (March 21…

Santex Rimar Group, a leading machine manufacturer for weaving, textile finishing, nonwovens, technical textiles and green technologies, has held a second “Future Textile Road” event in Iran to…