Economy

The Central Insurance of Iran has developed a draft version of regulations regarding marketing and selling insurance policies both online and via mobile applications.

Iranian Privatization Organization’s first tender of the current fiscal year (started March 21) failed to attract any buyers, an advisor to the head of IPO said. “The tender process failed to…

Each Iranian worker’s efficient working hours stand at 2 hours daily on average as per the most optimistic estimate, the Research Center of the Islamic Republic of Iran Parliament said.

The…

Iran’s exports to Morocco in March 2016-17 fiscal year increased by 320% compared to the year before to stand at $42 million, the Trade Promotion Organization of Iran’s Arabic-African Affairs…

Close to 5 million tons of non-oil products worth $2.47 billion were exported from the Pars Special Economic Energy Zone during the three months to June 21, indicating a 15% rise in volume…

A new portal outlining rules and regulations pertaining to economic and business activities in the Islamic Republic of Iran has been launched at the request of Tehran Chamber of Commerce,…

Tehran Stock Exchange’s main index shed 106.10 points or 0.13% to end Monday trade at 78,659.2.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About…

About 2,100 tons of zinc ingots valued at $5 million were exported from Hormozgan Province to Europe and East Asia during the first quarter of the current fiscal year (started March 21),…

The Iranian banking conundrum is getting more complicated every day.

The Central Bank of Iran’s officials have announced plans to merge several failing banks, causing many depositors to…

The Minister of Industries, Mining and Trade, Mohammad Reza Nematzadeh, has called for promoting the role of the free market in determining auto prices.

Mammut Khodro, a joint venture between Mammut Group and Germany’s Volkswagen, is sending Iranian sales people to Volkswagen Academy for training.

According to a post on LinkedIn, an…

Negin Khodro, the official dealer of imported Renault cars in Iran, is expanding the number of its dealerships, said the marketing manager of the company, Mohammad Mortezai.

"In this fiscal…

Registrations of new cars in France rose 1.6% in June year on year, with Daimler, Toyota, Fiat Chrysler and Ford recording the strongest gains.

There were 22 selling days in June compared…

After euro’s rally against the rial in Tehran’s market intensified a week ago, the European currency reached its highest value against the Iranian currency in three years, being exchanged for 44,…

The World Bank forecasts that recent developments in Iran point to the fact that the country's non-oil sector and investments are likely to play a bigger role in the next few years, which will…

Due to the importance of conforming banks' balance sheets to International Financial Reporting Standards and establishing risk management departments, the second and final day of the 27th annual…

Injecting liquidity into the ailing Iranian manufacturing units by the government runs counter to the purported aim of lending a hand to the production sector, the head of Iran Chamber of Commerce…

Bank of Industry and Mine and the Paris branch of Tejarat Bank have signed an agreement for extending a credit line worth €25 million ($28.5 million) for importing goods from France.This line of…

Oxin Steel Khuzestan Company is preparing to boost exports to the European Union after the EU commission decided to limit Chinese imports.

Iranian Privatization Organization is putting out the shares of four state-owned companies to tender today (Monday.

It might feel like summer, but a good number of stocks are chilled to the marrow.

Up to 46 companies’ trading symbols are currently frozen on Tehran Stock Exchange and another 53 are barred…

Tehran Stock Exchange’s main index shed 34.40 points or 0.04% to end Sunday trade at 78,765.3.

Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday.

About 377…

Close to 100.3 tons of sunflower seeds worth around 393 billion rials ($104 million) were imported into Iran during the last fiscal year that ended on March 20, 2017.

China, Russia, Austria…

About 160,000 tons of eggs per year are produced in excess of Iran’s domestic demand, the head of board of directors at Tehran’s Union of Producers of Egg-Laying Hen said.

“Annual…

Dredging of Arvandroud river is contingent on salvaging boats and ships submerged during the Iran-Iraq war of the 1980s and this, according to general director of Khorramshahr Ports and Maritime…