Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture has published a report explaining the impact of foreign exchange fluctuations on imports of raw materials, capital goods and consumer…

In the current fiscal year, $15 billion from oil revenues will be deposited in the National Development Fund of Iran, the government spokesman announced.

Iran exported $173 million worth of livestock feed in the last Iranian year that ended on March 20, 2017, registering a 33% increase compared with the year before, an official with the Agriculture…

About 14.8 billion cigarettes were produced in Iran during the first four months of the current Iranian year that started on March 21, registering a 37% increase compared with the corresponding…

Railroads hold a 10.2% share in Iran’s cargo transit, the deputy head of Islamic Republic of Iran Railways said.

Iran’s widening budget deficit, resulting mostly from fundamental budgetary issues, has raised concerns that bigger financial problems could emerge in the future for the government that is already…

A joint business forum, scheduled to be attended by Iranian economic players and their Syrian counterparts at the headquarters of Iran Chamber of Commerce, Industries, Mines and Agriculture in…

Bandar Abbas Zinc Production Company exported 4,430 tons of zinc ingots valued at $11.82 million during the first four months of the current fiscal year (March 21-July 22), registering an 84%…

All four Iranian exchanges, including Tehran Stock Exchange, Iran Fara Bourse, Iran Mercantile Exchange and Iran Energy Exchange, will be closed on Saturday, the head of International and Public…

Steel trade wars are looming across the world, as over 150 lawsuits were filed just last year.

Iran’s largest flat producer Mobarakeh Steel Company was recently caught up in an escalating…

The distinct division between public and private sectors as understood by economists does not apply in Iran.

The study of the impact of government policy must take into account the so-…

Tehran Stock Exchange’s main index shed 117.70 points or 0.14% to end Tuesday trade at 81,415.8.

About 773 million shares valued at $54.68 million changed hands for the day.

Trading…

The Communications Regulatory Authority (CRA) of Iran has ratified a plan to give access to ‘unlimited data’ to Internet subscribers.

The plan comes following years of complaints by users…

A website dedicated to helping startup entrepreneurs comprehend the burgeoning industry will go live in the coming weeks.

According to the website of the future company Ideh Pardazan (IPE…

Bangladesh, the second largest garment producing country in the world, will digitally map its entire garment industry in the first such initiative to bring transparency in the supply chain in an…

Telecoms Minister Mahmoud Vaezi inaugurated an ICT Technology Park in Alborz Province. Named as ICT Science and Technology Park, it is still under construction and will be fully operational by…

The Industrial Development and Renovation Organization signed a €2.5 billion contract with Russia’s CJSC Transmashholding in Tehran on Monday for joint production of rolling stock in Iran.

Iran Khodro Diesel, a subsidiary of IKCO, which manufactures heavy duty vehicles, on Monday signed a production deal with the South Korean firm Hyundai.

According to IKCO’s press office,…

The rial was quoted at 45,490 to a euro on Monday in Tehran's market, marking a 1% gain against the European currency in the past three days.

According to Tehran Gold and Jewelry Union’s…

Defying the housing market’s years-long sluggish trend and flat home prices, home rents are registering growth.

Deciphering the enigma, director of Tehran Association of Realtors has cited…

A majority of Iranian insurance companies, including state-owned, private and free trade zone insurers, held their annual shareholders’ meeting by July 22 following the compliance of their…

Bank Melli Iran has more than doubled the ceiling for its non-commercial foreign exchange payment orders to €5,000 ($5,866) from the previous €2,000 ($2,347) per person. According to the new…

A top parliamentary economic commission will soon hold a joint session with CEOs of banks to brainstorm and decide new bank interest rates, announced the head of the commission.

The Central Securities Depository of Iran issued 5,541 trading codes for investors during the first trading week of the Iranian month of Mordad (started July 23). According to Securities and…

Management is a science, the mastery of which like all other scientific subjects requires education and experience gained by engaging in internships in different enterprises.

Senior…