Economy

Tehran Stock Exchange’s main index lost 1,438.40 points or 1.28% on Saturday to end trading at 111,051.6. About 1.17 billion shares valued at $71.8 million changed hands at TSE for the day.

The second edition of the competition known as ‘League of Stock Market Stars’, held by the Securities and Exchange Organization of Iran, opened on 7 July.

Saeed Fallahpour, the SEO…

Withholding products from the market is a punishable offense and it is the duty of supervisory bodies to monitor producers and distributors, and prevent violations, ISNA quoted the president of…

Non-oil trade with the BRICS nations during the last fiscal  (ended March 20) declined 8.68% in volume but increased 7.4% in value compared to the year before to stand at 53.82 million tons…

China is considering a further reduction in electric-vehicle subsidies next year as the government pushes automakers to innovate rather than rely on fiscal policy to spur demand for alternative-…

Following a government energy-saving plan, Tehran Metro and bus fleet have announced the implementation of changes in their timetables as of July 7.   Tehran Bus Company is set to…

EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with…

The Ministry of Roads and Urban Development has devised a nine-point action plan to help balance the housing market that has seen more than its share of ups and downs in recent months as the…

Iran and Russian central banks signed agreements to boost ties on new financial and monetary fronts as part of the latest Iran-Russia Banking & Financial Group Meeting on Thursday. …

The Central Insurance of Iran, the industry’s main regulator, signed an agreement with the Russian National Reinsurance Company on Wednesday. It provides for greater engagement between the two…

Iran Veterinary Organization imported 10 million doses of avian flu vaccines during the last three weeks, IRNA quoted Karim Ghanei, the authority in charge of IVO’s Taskforce to Fight Aviation…

The Islamic Republic of Iran Customs Administration has announced a ban on the export of 18 agricultural products “until further notice” as per a directive issued to all customs bureaus on July…

Interest rates on loans to small-sized enterprises will be cut by 8% as per a memorandum of understanding signed between the Ministry of Industries, Mining, and Trade and the Central Bank of…

Germany’s foreign minister said on Friday world powers would not be able to fully compensate for companies leaving Iran due to new US sanctions, but warned Tehran that abandoning its nuclear…

Weekly rollercoasters are becoming a familiar sight in Tehran stock markets. In the week before last, positive market signals were conspicuous as trade volume stayed strong compared to the…

Iranian Mines and Mining Industries Development and Renovation Organization invested 1.14 trillion rials ($27.2 million) in mineral exploration projects in the last fiscal (March 2017-18),…

Donald Trump’s new envoy to Berlin is on a campaign to remind Germans that the business of America is business.

Azerbaijan and Iran signed a protocol on international road transport during a session of the Azerbaijan-Iran Joint Commission in Tehran attended by the head of the Azeri State Road Transport…

Europe’s ATR is urging the Trump administration to unblock the export of about six regional planes to Iran, warning of “serious damage” to its finances from the breakdown of deals negotiated…

Supporting startups has been on top of President Hassan Rouhani’s agenda since he assumed the mantle of the government in 2013. One of the government entities spearheading the efforts has been…

South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely…

Iran’s total non-oil trade with Balkan states in the last Iranian year (ended March 20, 2018) witnessed declines of 79.55% and 9.64% in tonnage and value respectively compared with the year…

The UAE has ordered brokers and other financial institutions to identify and freeze the assets of nine individuals and businesses accused of funding Iran’s Islamic Revolutionary Guards Corps.…

Tehran Stock Exchange’s main index gained 143.62 points or 0.13% on Wednesday to end trading at 112,490.1.

About 1.83 billion shares valued at $103.63 million changed hands at TSE for…

Underlining the importance Oman places on Iran as a trade partner, the management of Ithraa, Oman’s investment promotion and export development agency, hosted 50 Iranian business representatives…