Economy

Given the recent fluctuations in the auto market as the US prepares to reimpose sanctions against Iran, various executive entities in the country have outlined plans to undo a portion of the…

General Motors Co warned on Friday that higher tariffs on imported vehicles under consideration by the Trump administration could cost jobs and lead to “a smaller GM” while isolating US…

The government and the Central Bank of Iran have made good progress and will soon implement a previously-announced and much-anticipated multilateral debt swap agreement that will see the…

Ratings agency Capital Intelligence Ratings (CI Ratings) says in a recent report on Iran’s insurance industry that growth in premiums has looked strong in the nominal view in recent years, but…

Based on a joint scheme launched by the Security and Exchange Organization and the Central Bank of Iran, gold coin presale bonds can be traded in the bourse from Sunday, which can also be sold…

Former Bank Melli CEO and president of Central Insurance of Iran, Abdolnasser Hemmati, chaired a board of directors’ meeting of Asian Reinsurance Corporation in Bangkok, Thailand, on Friday.…

More than 137,580 tons of fish and seafood products worth $507 million were exported from Iran during the last fiscal year (March 2017-18), showing a rise of 24% and 22% in weight and value…

The Trump administration on Wednesday began dismantling the sanctions relief that was granted to Iran under the 2015 nuclear deal, a step that follows US President Donald Trump’s withdrawal from…

More than 850 tons of insecticides worth around $5 million were imported into Iran during the last fiscal year (March 2017-18), Mizan Online cited data from the Islamic Republic of Iran Customs…

Iran and Belarus signed a memorandum of understanding for industrial cooperation during the second meeting of their joint industrial working group in Minsk early Friday.

Uzbekistan’s Minister of Foreign Trade Jamshid Khodjaev and President of the Organization for Investment, Economic and Technical Assistance of Iran Mohammad Khazaei have agreed to establish a…

A trade delegation from Iran on Wednesday visited Oman’s Chamber of Commerce and Industry, and discussed with them means of enhancing Omani- Iranian relations in industrial, investment and…

After nine consecutive days of growth, stocks pulled the breaks last week and price corrections ensued.

A pulp and paper processing factory in Aliabad-e Katul in the northeastern province of Golestan was launched on Thursday.

Chinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following reports that…

If India believed that just like the first round of Iran sanctions, it could negotiate a softer deal with the US, those hopes were dashed.

Customers from the Middle East continued to show interest in Iranian billet despite the high likelihood of United States sanctions, with several cargoes booked over the past week.

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Chinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement…

Over one million students competed in the nationwide university entrance exam for the new academic year (starting in September) during a two-day marathon locally known as Konkur which started on…

In light of the recent rise in fertility problems and childrearing challenges, the need to come up with proper counsel has reached an all-time high, and channels through which those guidelines…

After a tumultuous second Iranian month, Tehran's housing market became calmer in the third month that ended on June 21 in terms of home deals, but registered a whopping 45% annual growth in…

More than 1.64 billion transactions with a total value of 1.78 quadrillion rials ($41.85 billion) were registered by Shaparak, the Central Bank of Iran-affiliated entity in charge of the country…

Iran’s Bank of Industry and Mine provided €994 million in letters of credit over the three-month period ending June 21 to fund three industrial projects.

After the government finally decided to recognize a "secondary" foreign exchange market where the US dollar can be traded at a rate other than the official unified rate of 42,000 rials, it is…

Rice imports from India and Pakistan accounted for 97% of Iran’s total rice purchases, during the first two months of the current Iranian year (March 21-May 21), data released by the Islamic…