Economy

Central Bank of Iran Governor, Valiollah Seif, will travel to Germany in November, to discuss reestablishment of banking relations with the European power. Seif is also a speaker at the Third…

Tehran Stock Exchange fell for the fourth week in a row, as bearish sentiment persisted in equity markets.

Benchmark TEDPIX shed half a percent for the week to 76,742.2 points by Wednesday’…

Charges levied by toll roads have increased by 14.6% on average this fiscal year (March 2016-17), according to Mehdi Heydari, an official with the Ministry of Roads and Urban Development. “Qom-…

The administration of President Hassan Rouhani successfully controlled the damage of the prior government’s populist policies, says Presidential Advisor Masoud Nili.

The incumbent…

There is abundant potential for Iran and Afghanistan to boost trade, according to the head of International Affairs Office at Afghan Chamber of Commerce.

“Bilateral trade can increase from…

The Third Independent Iranian Game Makers Festival, one of the most prestigious videogame festivals held in Iran, has invited contestants.

Iran’s Communications Regulatory Authority has granted 24 permits for offering Mobile Virtual Network Operating services.

The CRA issued a call for registration last winter, following which…

In line with plans to expand scientific cooperation, delegations from Russia, Germany and France are expected to visit Iran, said Deputy Science Minister Hossein Salar-Amoli.

According to…

Iran plans to invest €16 billion in the field of telecommunicationd, Minister of Communications and Information Technology Mahmoud Vaezi announced on September 7 at a conference in Tehran.

The amount of deposits held by Iran Deposit Guarantee Fund (IDGF) has multiplied and a new ceiling has been devised for the guarantee of deposits, announced the fund’s executive deputy.

“…

Money and Credit Council decided at its Tuesday meeting to lower the minimum capital requirement to establish a bank in free trade zones from the previous €150 million to €100 million.  

Iran is working to dispel irrational fears about engagement with its banking system, which have withheld major foreign banks from doing business with Iran.  Director of Foreign Ministry's…

Shahr Bank has installed a foreign currency exchange automated teller machine in Mashhad’s Hasheminejad International Airport. The machine is developed by Pouya Company that specializes in banking…

Cooperatives will receive a fourth of the total 160 trillion rials ($5.1 billion at market exchange rate) planned for financing small- and medium-sized enterprises, said the interim CEO of…

South of Iran Aquaculture Research Center affiliated to the Ministry of Agricultural has placed a ban on shrimp fishing as of September 6 in several fishing zones including Khuzestan Province’s…

More than 87,500 tons of non-crude oil goods worth nearly $316 million were exported from Kerman Province in southeast Iran during the first four months of the current fiscal year to June,…

So far 1,500 food companies have obtained halal brand license in Iran, according to the director general of the Islamic Chamber Research and Information Center (ICRIC). “At present, demand for…

Dentons’ Continental European arm is set to launch an Iran offering in association with local firm Arman Pirouzan Parvine Legal Institute.

Busy wiring a semi-manufactured metro car, Siamak Ghasemi was too concentrated to notice that he was being photographed.

When realizing that half a minute later, the 36-year-old gave a…

Since the beginning of the harvest season four months ago, close to 116,000 tons of fresh tea leaves worth over 200 billion rials (nearly $56.9 million) have been purchased from local farmers by…

The privatization process accelerated after President Hassan Rouhani took office, Securities and Exchange News Agency (SENA) reported on Tuesday. Nearly 392 trillion rials of government property…

The pharmaceutical industry is one of the promising sectors of the Iranian economy post-sanctions.

Iranian banks now own 1,343 foreclosed industrial units, essentially turning them into corporate holdings, IRNA reported.

According to Kamal Al-din Pir-Mo’azzen, a member of Iran Small…

Tehran Stock Exchange’s main index gained 72.60 points or 0.09% to end Wednesday trade at 76,742.2.

More than 1 billion shares valued at $53.3 million changed hands for the day.

Iran…

New-car sales in Western Europe rose 8.1% in August, thanks to increased demand in Italy, Spain, France, Germany and the UK.