Economy

The average goods and services Consumer Price Index for urban areas in the 12 months ending August 22, which marks the end of the Iranian month of Mordad, increased by 10% compared with last…

The government plans to recruit 30,000 people in state-run executive bodies during the current Iranian year (started March 21).

The Central Bank of Iran has finally stepped in and put a stop to the trading of the so-called Sakhab bonds by banks and delegated them to the Securities and Exchange Organization.

Mobarakeh Steel Company produced 2.7 million tons of steel products during the five months to August 22, according to data published by MSC on Tehran Stock Exchange. Hot-rolled coil made up 1.58…

Tehran Stock Exchange’s main index dropped 11.80 points or 0.01% to end Sunday trade at 82,885.3.

About 1.04 billion shares valued at $47.81 million changed hands for the day.

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Iran is one of the oldest producers and the biggest trader of hand-woven carpets worldwide.

Iran’s National Brain Mapping Laboratory (NBML) is organizing a symposium on the latest findings of “brain mapping” for September 24-25.

MTN-Irancell has launched 12 new long-term Internet packages to claw back customers from rivals.  According to a report in the local digital magazine Digiato, the company will offer the new…

US-based Nvidia continues to block Iranian Internet users from accessing parts of its website, according to one source in Tehran.

Financial Tribune can confirm that the software download…

A blogger with an accurate record, Evan Blass, said this week that Google will unveil its new smartphone on October 5, however that date could change.

Iran exported 737,500 tons of non-oil goods worth $67.5 million to Qatar during the five months to August 22, registering 30.8% and 60.57% growth in terms of volume and the value respectively…

About 153,000 tons of dairy products worth $264 million were exported from Iran during the first four months of the current fiscal year (March 21-July 22), registering a 3% and 28% growth in…

In line with the general policy of conducting foreign exchange transactions through the banking system rather than exchange shops and stabilizing the market, the Central Bank of Iran is allowing…

The Central Bank of Iran issued a new directive less than a week ago requiring banks to rigidly observe interest rates lowered a year ago by the Money and Credit Council in the latest move to…

Iran’s maritime businesses are to receive loans worth 2 trillion rials ($52.5 million) during the current fiscal year (ending March 20, 2018), the head of the Fund for Development of Marine…

Since the implementation of the nuclear accord with world powers in Jan. 2016, Iranian  banking system has engaged in foreign exchange transactions worth over $38 billion, the Central Bank…

Minister of Agriculture Mahmoud Hojjati said the government will cover 85% of the expenses involved in modernization of irrigation systems in farms and orchards across the country in the form of…

The First International Exhibition of Glass and Related Industries, otherwise known as Iran GlassTec, opened in Tehran’s International Fairground on Wednesday and concluded on Saturday. The…

The Iranian government is offering huge discounts on customs duties at Chabahar Port to attract more Afghan traders.

Afghan news agency Wadsam also cited the economic attaché at the…

Import prices for hot-rolled coil have continued to rise in Iran, as suppliers—which are now mainly Russian mills—have issued higher offers.

The growth has been driven by the …

Tehran Stock Exchange’s main index gained 355.30 points or 0.43% to end Saturday trade at 82,897.1.

About 731 million shares valued at $83.5 million changed hands for the day.

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Close to 550 tons of buttons worth around 46 billion rials ($1.45 million) were imported into Iran during the first four months of the current fiscal year (March 21-July 22), the Islamic…

With an annual production of close to 3.2 million tons of grapes, Iran ranks the world’s eighth biggest producer of the fruit, Deputy Minister of Agriculture Mohammad Ali Tahmasebi said.

Local production accounted for around 84% or 1.51 million tons of the total 1.82 million tons of fertilizers purchased by Agricultural Support Services Company in the last Iranian year (March…

Five years ago Iran was in deep international isolation, as the US and European sanctions had largely blocked foreign investment, plunged the country into recession and increasingly increased…