Economy

Tehran Stock Exchange’s main index lost 209.70 points or 0.27% to end Sunday trade at 76,616.

More than 969 million shares valued at $54 million changed hands for the day.

Iranian…

Amin Shokrollahi was supposed to be in Silicon Valley last week to accept an award at a prominent semiconductor conference called DesignCon. He never made it.

President Donald Trump’s…

Iran’s largest mobile phone network, Mobile Communications Company of Iran (MCI) or referred to locally as Hamra-e-Avval (First Network), said it has successfully tested 4.5G internet in a…

Telecommunication Infrastructure Company of Iran (TIC) will launch two new national Internet exchange points in Isfahan and Khuzestan provinces.

According to CITNA, the new centers will be…

Foreign companies selling e-content via the Internet in Russia are now required to register private offices in Russia, submit information on their sales in the country, and pay an 18% value added…

A 41-year-old father with motor neuron disease (MND), who is losing his ability to speak, will be given a computer voice with a British Yorkshire accent for the first time.

Jason Liversidge…

The Export Development Bank of Iran will soon grant credit lines to banks in South Korea, Turkey and Iraq, announced the bank's chief executive.

"Two credit lines collectively worth €175…

The currency market has been stable in recent days, ignoring a deluge of news stories that should have conventionally rocked the boat. 

In fact, the domestic market has been mostly…

Bank Saderat Iran has set up a new system that will allow visually-impaired people to easily perform a variety of banking operations such as opening accounts, making deposits and withdrawals, and…

Following efforts during the current fiscal year (ending March 20) to close the gap between official and unofficial foreign exchange rates, the government will unify forex rates at some point in…

The accounts of Iranian government entities transferred to the Central Bank of Iran as part of a new plan will receive no interest, announced a deputy economy minister.

In August, the…

A board member of Tejarat Bank announced that the bank is ready to offer a variety of banking services to the French auto group PSA Peugeot Citroen to boost interactions.

Local aviation media published on Saturday the picture of a new ATR-72 600 painted in the airline’s livery, saying the plane will soon be delivered.

According to deputy minister of roads…

Tehran Stock Exchange’s main index lost 589.10 points or 0.76% to end Saturday trade at 76,825.8. This is the lowest landing of the benchmark in about four months and a half.

More than 514…

After Iran reached a deal with six international mediators on its nuclear program, its economic ties with foreign partners transformed deeply and Iran became a magnet for international business.…

Slack rebar demand in Iran has been putting pressure on local producers. Some of them have temporarily reduced longs production, while some billet producers are considering a rise in export…

Iranian steelmakers exported more than 4.4 million tons of crude steel and steel products during the 10 months to January 19, registering a 45% growth compared with last year’s corresponding…

Iran’s Mobarakeh Steel Company has stopped selling hot rolled coils for February shipment and started inviting bids for March shipment.  The price idea and its direction are expected to gain…

A 20-member Indian trade delegation visited Iran from January 28-30 to promote export of rice since Iran is one of the largest importers of Basmati rice from India.

According to Indian…

Cigarette production in Iran is estimated to reach 45 billion in the current Iranian year (ending March 20, 2017), up 50% compared with last year, the head of Tobacco Planning and Supervision…

Malaysia’s Minister of Plantation Industries and Commodities Datuk Seri Mah Siew Keong will lead the economic and technical missions on palm oil, timber and rubber products to Iran and India from…

Iran’s working-age population, i.e. people over 10, stood at 65.3 million in the last Iranian year (ended March 19, 2016), registering a 15% increase compared to a decade ago when it was 56.8…

High-tech road cameras are being installed in Iran’s main transit routes for recording the weight of commercial vehicles to fight smuggling, says the Anti-Smuggling Organization’s Spokesman Qasem…

Boeing’s $8 billion deal to sell 80 jets to Iran Air was already in trouble before President Donald Trump took office. Now it’s even more in doubt.

And that could mean trouble for American…

Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills, an official from Nishat said on February 3.