An economy heavily controlled by the government and a lack of development in key economic sectors are the two main reasons for the Iranian insurance sector's lower penetration rate compared to…
Economy
Economy
Foreign nationals and refugees who have a work permit and reside in Iran will be covered by the Social Security Organization and benefit from pension payment, blood money coverage and disablement…
Economy
Head of Iran Tractor Manufacturing Company (ITMCO), announced the firm's production and export figures in the last fiscal that ended on March 20.
Abolfat’eh Ebrahimi told IRNA that the…
Economy
The Central Bank Iran has released data on the government’s income from taxes in the automotive sector for the 11-month period ending February 20.
The data is part of a comprehensive report…
Economy
Chinese carmaker Chery hosted an evening of road safety for Tehran’s schools on April 11. The event hosted by Shokouh Language Institute, worked with local teachers to promote road safety for…
Economy
Iran’s second most popular ride-hailing service TAP30 has started services in the central tourist city of Isfahan.
The business has two rivals, Snapp and Carpino, none of them offering…
Economy
President Hassan Rouhani on Monday denied reports claiming that the Iranian banking system is in crisis mode, stressing that the country’s financial system has improved under his four-year watch…
Economy
The Central Bank of Iran has issued a new directive in line with anti-smuggling laws, based on which individuals holding more that €10,000 would be subject to an official probe.
According…
Economy
The Social Security Organization of Iran has thanked President Hassan Rouhani in a letter, thanking him for repaying government arrears to the organization.”Repaying 92 trillion rials ($2.45…
Economy
Since February 2017 when the Cabinet first approved that penalties for non-performing loans will be waived for loans up to 1 billion rials ($28,178), about 8 trillion rials ($213 million) of fines…
Economy
Trade between Iran and Thailand stood at $421 million in 2016, registering a 36% rise compared with the year before.
Economy
About 890,000 tons of goods worth about $670 million were exported from Markazi Province in the last Iranian year (March 2016-17).
The exports witnessed a 30% and 29% increase in weight and…
Economy
A paper production factory was launched by President Hassan Rouhani at Amirabad Port in the northern Mazandaran Province on Tuesday.
Employing 175 people, the factory will annually produce…
Economy
The Fifth International Exhibition of Rail Transportation and Related Industries and Equipment is scheduled to be held in Tehran’s International Fairground on May 15-18. Iranian as well as foreign…
Economy
Iranian chain stores have created close to 25,000 direct jobs, the head of Iran›s Chain Store Union said.
«Around 50 trillion rials ($1.3 billion) worth of investments have been made by the…
Economy
Tehran Stock Exchange’s main index gained 247.36 points or 0.32% to end Monday trade at 78,107.80.
Close to 1.68 billion shares valued at $83.81 million changed hands for the day.
…
Economy
During the recently-ended Iranian year (March 2016-17), 2,411 industrial projects were launched, which created 38,400 jobs, Iran’s Small Industries and Industrial Parks Organization announced.…
Economy
The European Commission has officially announced that it has decided not to impose preliminary duties on the import of hot rolled coil from five countries, including Iran, EC’s spokesman told…
Economy
The 10th International Exhibition of Exchange, Bank and Insurance is scheduled for April 15-18 at Tehran’s international permanent fairgrounds. More than 350 local and international financial and…
Economy
Central Alborz Coal Company’s Savadkouh coal preparation plant was inaugurated on Tuesday by deputy minister of industries, mining and trade, Mehdi Karbasian, in the northern Mazandaran Province…
Economy
Past cyber attacks on scores of organizations around the world were conducted with top-secret hacking tools that were exposed recently by the web publisher Wikileaks, the security researcher…
Economy
On the sidelines of the Asia Nano Forum in Tokyo, an international memorandum was signed between the representatives of Iran Russia, South Korea and Taiwan to give Iran ‘permanent secretariat’…
Economy
South African-based MTN Group is negotiating with the Telecommunication Infrastructure Company of Iran (TIC) about investing in the expansion of the fiber-optic network.
One area of…
Economy
Qualcomm Inc. hit back at Apple Inc.’s charges that were made in a US lawsuit in January, saying the iPhone maker breached agreements with the firm and encouraged regulatory attacks on its…
Economy
The head of Iran Chamber of Commerce, Industries, Mining and Agriculture on Sunday called on all economic entities to embrace the motto of the current Iranian year (started March 21)–named…
Economy
