Economy

The General Inspection Organization of Iran has set up an inquiry to identify and declare the culpability of those behind recent disruptions in the automotive, housing, foreign exchange and gold…

Capital Intelligence, the international credit rating agency, believes that a strong and comprehensive risk-based supervisory system is essential to ensure the soundness of Iran’s insurance…

The value of home loans has not increased in line with recent skyrocketing prices, drastically eroding the purchasing power of Iranians and contributing to a downturn in housing sales.

The long-expected secondary foreign exchange market officially commenced work while exchange bureaus remain barred from physical trading in hard currency. 

A total of 2.44 million tons of oil and non-oil products were transited through Iran during the first three months of the current Iranian year (March 21-June 21), which register a 6% rise…

Some 7 trillion rials ($166.66 million) were spent on the construction of 19 industrial parks and an industrial town in the last Iranian year (ended March 20, 2018), the head of Iran’s Small…

As many as 400,000 people have enrolled for Friday’s recruitment exam for public services posts, the head of Administrative and State Recruitment Organization said. 

“A total of 18,…

Forty preliminary deals were signed between investors, 14 of them foreign, and North Khorasan Province officials in Bojnourd, the capital of the northeastern province, on July 2 and 3.

Qazvin Municipality has signed a memorandum of understanding with China’s Norinco International Corporation for the construction of tramway tracks in the Iranian city.

Iran Tire Industry Association and its members have received the required permits to increase the prices of locally made tires by 9.6%. 

Overnight changes in the government’s automotive policies have hindered the business of wreck yards, forcing many to close their centers and fire employees. A case in point is the restrictive…

CEO of Bank Melli Iran, Mohammad Reza Hosseinzadeh, said the US pullout from the 2015 Iran nuclear deal has failed to undermine the bank’s overseas operations. “The US withdrawal from JCPOA will…

Tehran will soon benefit from the government’s plan to revitalize urban areas as a significant portion of its 22 districts comprise distressed urban areas, the head of Tehran Management and…

As markets await the official launch of the "secondary foreign exchange market" in the bourse, officials and merchants alike hope that the measure will provide some respite to the market where…

Tehran Stock Exchange’s main index gained 2,409.37 points or 2.19% on Tuesday to end trading at 112,346.5.

About 1.47 billion shares valued at $95.12 million changed hands at TSE for the…

A special committee has been established to accelerate medicine import to Iraq and circumvent international procedures for the registry of pharmaceutical products.

The average goods and services Consumer Price Index in the 12-month period ending June 21, which marks the end of the Iranian month of Khordad, increased by 11.1% compared with last year’s…

Day Bank returned to trading after a two-year hiatus on Monday, as its shares lost half of their value in a single day.

“BDYZ”’s opening price dropped 50% to about 700 rials from its…

The Fifth International Exhibition of Stationery & Engineering, also known as Iran Penex 2018, opened at Shahr-e-Aftab (Sun City) Exhibition Complex in south Tehran on Tuesday. The…

The project to electrify a railroad connecting the Iranian city of Garmsar in Semnan Province with Inche Borun near the border with Turkmenistan will double the maximum speed on the link, while…

ATR has applied for a new export license from the US Treasury Department’s Office of Foreign Assets Control to allow it to deliver the final 12 ATR 72s of an order for 20 of the 70-seat…

Iran exported 700,000 tons of apples in the past crop year (July 2017-18), which is more than twice the volume of exports in the preceding crop year.

More than 63 tons of ornamental fish worth more than $1.8 million were imported into Iran from four countries in the last Iranian year (March 2017-18), based on figures released by the Islamic…

Around 6.7 million passengers were transported by urban and suburban railroads during the first three months of the current Iranian year (March 21-June 21), registering a 15% increase compared…

Tabriz, the capital city of East Azerbaijan Province in northwestern Iran, is currently hosting two exhibitions, Tabriz 2018 Handicrafts Exhibition and the 19th Agricultural Machinery and…