Economy

The Central Bank of Iran has issued a directive requiring travelers and truckers in  transit entering the country to declare currency valued over $10,000 to the Ministry of Economy’s…

Saman Bank has started offering real estate consultancy services to its VIP customers, helping them rent property and manage their earnings. Saman, through a subsidiary company, will help…

A law that was approved nearly a decade ago and provides incentives to finance the housing sector has been officially communicated to the relevant bodies by first vice president Eshaq Jahangiri.…

Tehran Stock Exchange’s main index gained 37.80 points or 0.05% to end Sunday trade at 79,048.5.

More than 1.1 billion shares valued at $109 million changed hands for the day.

Saipa…

The Iranian Privatization Organization is selling a 20% stake in Hamedan’s Ibn Sina Petrochemical Complex to the public on Nov. 21.

IPO will act on behalf of National Petrochemical Company…

Hot rolled coil’s import prices keep on rising in Iran amid the global uptrend.

The rise in the import segment does not support the buying activity of Iranian customers, so only few deals…

Consumerism and binge shopping have become a way of life in Iran.

Nima Tabibi, in his write-up in the Persian weekly Kargadan, invites readers to reconsider their economic choices.

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Plans are underway to increase annual stone exports by 13-fold to reach $2 billion by 2020, says a member of the board of directors of Stone Association of Iran.

“The number is quite big,…

A memorandum of understanding was signed by the head of Iran Chamber of Cooperatives, Bahman Abdollahi, and chairman of Turkey’s Independent Industrialists and Businessmen Association, Nail Olpak…

Hossein Salahvarzi was appointed the deputy head of Iran Chamber of Commerce, Industries, Mines and Agriculture on Sunday to fill the seat left empty after the election of Gholamhossein Shafeie as…

Some 230,000 tons of walnuts worth around $1.65 billion are produced in Iran every year from 153,000 hectares designated for the cultivation of the nut, an official with the Agriculture Ministry…

In January, senior diplomats from across the world formally announced the lifting of sanctions against Iran. In principle, this put a definitive end to 37 years of various degrees of sanctions…

Iran exported 5.1 million tons of non-oil goods worth $1.6 billion to India during the seven months to October 21, registering a 3% increase in value over last year’s corresponding period. Gas…

Majlis Research Center has called for a pushback in the retirement age in Iran, which is lower than that in many other countries.

The average age of retirement in Iran stood at 49.9 years…

A deal between Iran and the Russian search engine Yandex is on the agenda, the Russian ambassador in Tehran announced.

Levan Jagarian also said that the deal will be finalized during the…

Currently, 64 data centers in Iran offer hosting services for local websites, the deputy minister of communications and information technology said earlier this week. Nasrollah Jahangard added…

A senior Austrian official said he was impressed by East Azarbaijan Province.

Josef Frohlich, the head of the Department of Innovation Systems at the Austrian Institute of Technology, and…

The gradual move toward unifying foreign exchange rates has started but the timeframe for its realization depends on a variety of factors, says the governor of the Central Bank of Iran.

The Bahar Azadi Gold Coin sold for 10.95 million rials ($343) Saturday in Tehran, marking 2.1% drop or 230,000 rials lower compared with Thursday’s close.  The benchmark coin had reached 11.…

Government debts to the banking sector jumped to 2.041 quadrillion rials ($64 billion) by the end of the sixth month of fiscal year (September 21), marking a 17.4% growth from the beginning of the…

With the majority of its nuclear-related economic sanctions lifted, companies around the world are making a beeline for Iran, which is music to the ears of global engineering, procurement and…

Census field officers have collected data from nearly 17.5 million or 70% of all Iranian households since the beginning of the door-to-door phase of the eighth National Population and Housing…

Iran exported more than 5,000 tons of non-oil goods worth $15 million to France during the seven months to October 21, registering a %52 jump in value compared with the similar period of a year…

Rice imports are banned in Iran every year from late June to late November to support local farmers and domestic production, Minister of Agriculture Mahmoud Hojjati said.

The Sixth International Exhibition of Agricultural, Organic, Health and Natural Products Technology, otherwise known as “Iran Agro Tech 2016”, is scheduled to be held at Tehran’s International…