Economy

According to the latest data released by the Central Bank of Iran for the month ending February 18, government deposits with CBI reached 412 trillion rials ($11 billion) and registered an 11.3%…

The Iranian banking system will focus on increasing production and improving employment in the current fiscal year in line with the guidelines provided by the Leader of Islamic Revolution…

Beleaguered insurance companies have only until the end of the current fiscal year (March 20, 2018) to meet the new minimum capital requirements set by the Cabinet, announced the head of the…

Economy plays a key role in today’s football. Professional football clubs are likened to economic entities that create revenue streams for their shareholders and generate considerable direct and…

The first passenger jet Iran has ordered from American planemaker Boeing will join Iran’s air fleet within a month, Deputy Roads and Urban Development Minister Asghar Fakhrieh-Kashan said.

The track-laying of a 75-km railroad connecting Urmia, the capital of northwestern West Azarbaijan Province, to the city of Naqadeh also in West Azarbaijan has begun. When completed, the route…

Foreign investment in East Azarbaijan Province saw a threefold rise to reach $30 million in the last Iranian year (March 2016-17) compared with the previous year, according to the northwestern…

During the holidays on March 15-April 2, as many as 6,939,634 passengers took to public road transport passenger vehicles (buses, minibuses, middle-buses and for-hire intercity passenger cars) to…

The Islamic Republic of Iran Post Company has increased its connections with foreign postal companies and added 17 new international postal routes after the removal of sanctions to facilitate…

Iran exported $13.5 million worth of commodities to the United States during the first two months of 2017, which figure stood at $2.1 million for the corresponding period of 2016. Iran’s imports…

Tehran Stock Exchange’s main index inched up 55.70 points or 0.07% to end Sunday trade at 77,860.4.

Close to one billion shares valued at $47.7 million changed hands for the day.

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More than 285 kilometers of freeways have come on stream since August 2013 when President Hassan Rouhani took office, according to the deputy head for construction and development at…

As the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian has been the face of the Iranian mining industry for the past few years.

Iran's scientific research is well known in the international community, often surprising foreign academia on the scale of topics currently being researched, however, problems persist hampering…

A report says Internet tariffs have actually increased since 2013 and after  President Hassan Rouhani took office, refuting earlier official reports to the contrary.

The Young…

Following the increasing pattern of online shops and services on the Persian-language Internet, two new websites have been launched recently -- one of them offering services unheard of. The…

The first passenger jet Iran has ordered from American planemaker Boeing, a 777-300ER,  will join Iran's air fleet within a month, says deputy minister of roads and urban development Asghar…

Despite restrictions imposed by sanctions, some of which having outlived the 2015 nuclear accord, the administration of President Hassan Rouhani managed to significantly close the technological…

The first draft of banking collaboration between the central banks of Iran and Malaysia has been finalized and will be signed by the governors of the two banks.

Abdolnasser Hemmati, the president of Central Insurance of Iran, and Alice Vaidyan, CEO of GIC Reinsurance Company, discussed ways of expanding insurance ties between Iran and India…

The Ministry of Economy has published the details of letters of credit and banking guarantees that Iranian banks allocated over the past few years, which marks the progress of these banks after…

Track-laying for a railroad linking the city of Mianeh in the northwestern East Azarbaijan Province to its capital city Tabriz started on Friday in the presence of Minister of Roads and Urban…

Tehran Stock Exchange’s main index gained 114.80 points or 0.15% to end Saturday trade at 77,804.7.

Some 1.2 billion shares valued at $93.7 million changed hands for the day.

Alborz…

Untying the Gordian Knot of unemployment is no easy task. That’s what all officials and analysts say.

As 700,000 jobs are created in the Iranian economy annually, around 500,000 job-seekers…

Saba Steel Complex, a subsidiary of Iran’s largest flat steel producer Mobarakeh Steel Company, has managed to finish the second phase of its expansion project, allowing it to double steelmaking…