According a recent report by the Statistical Center of Iran, a total of 6.6% of sports venues in the country were owned by the private sector in the fiscal 2015-16, marking an increase of 1.9%…
Economy
Economy
Syria and Iran have inked a memorandum of understanding for cooperation in the field of higher education and medical research.
The MoU was signed in Tehran on Tuesday by Syrian Minister…
Economy
In the current Iranian year which started in March, Iranian financial institutions have set aside about 50 trillion rials ($1.19 billion) to be invested in knowledge-based firms.
Economy
Determined to expand its already extensive fields of business, the giant e-retailer Digikala is reportedly planning to buy out Rocoland, an online supermarket based in Tehran. Digikala…
Economy
Prospective homebuyers who tap into the homeownership initiative launched by Bank Maskan, the agent bank of the housing sector, will soon have the option of making a pre-purchase, the chief…
Economy
A total of 38,101 deals worth more than 64.05 quadrillion rials ($1.51 trillion) were conducted in Iran's interbank market during the previous fiscal year that ended on March 20, 2018, the…
Economy
Candidates attending international exams are eligible to apply for foreign currency at the official rate, the Central Bank of Iran said in a letter to the National Organization of Educational…
Economy
The initiative to reform the country’s banking system is in its final stage with financial stability being at the core of the measures, the vice governor of the Central Bank of Iran said.
Economy
Tehran Stock Exchange’s main index gained 1,242.97 points or 1.14% on Monday to end trading at 109,937.1.
About 951 million shares valued at $67.45 million changed hands at TSE for the…
Economy
Iran Privatization Organization has sold 1.02 trillion rials ($24.4 million) worth of state-owned assets via tenders so far this fiscal year (started March 21).
Economy
Gold deposits discovered in Iranian mineral zones have added 40 tons to the country’s reserves, deputy minister of industries, mining and trade said on Monday.
Economy
The average price to earnings ratio of Tehran Stock Exchange-listed companies stood at 6.64 for the first quarter of the current fiscal year (March 21-June 21).
The ratio has grown 3.1%…
Economy
Aziz Ahmad is one of the unlikely winners of the standoff between the United States and Iran, turning his modest transport service into an international foreign exchange operation that is…
Economy
The White House will strictly enforce the upcoming secondary sanctions on companies that do business with Iran, US President Donald Trump reaffirmed on Sunday.
Trump announced on May 8…
Economy
Foreign investment in Tehran Province is set to double in the current fiscal year (March 2018-19) compared with last year’s $1 billion, the head of Tehran Province Management and Planning…
Economy
About 490,000 tons of goods valued at $294 million were exported from Kurdestan Province’s customs terminals during the first quarter of the current Iranian year (March-June) to register a 68%…
Economy
A center dedicated to promoting the marketing and export of Iranian products and services will be launched in the Iraqi capital city of Baghdad on July 15, Iran’s commercial attaché to Iraq said…
Economy
Tesla Inc nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the…
Economy
With the government banning auto imports in late June, distributors of such vehicles have announced that they will continue to offer after-sales services to customers for the next ten years.
Economy
The Organization for Economic Cooperation and Development (OECD) downgraded Iran's rating in the country risk classifications of the Participants to the Arrangement on Officially Supported…
Economy
There has been a substantial growth in the value of coverage provided by Mining Investment Insurance Corporation to investors in the mining sector in the previous Iranian year (ended March 20,…
Economy
The Central Bank of Iran on Sunday published the full list of companies that have received foreign exchange for imports at the preferential rate of 42,000 rials.
Economy
Iran's First Vice President Es'haq Jahangiri has sent a directive to all ministries and other related entities, which requires exports to significantly accelerate the process of repatriating…
Economy
Iran now has about four months to pass legal measures through parliament to would address shortcomings vis-à-vis the Financial Action Task Force’s action plan for the country, but reformists are…
Economy
Tehran Stock Exchange’s main index lost 2,834.12 points or 2.54% on Sunday to end trading at 108,694.1.
About 1.56 billion shares valued at $93.97 million changed hands at TSE for the…
Economy
