Economy

A new report by the International Data Corporation (IDC) shows that overall sales of computers in the Middle East and Africa grew by 2.8% year-on-year in the fourth quarter of 2014.

IDC…

Tehran has not been on the international weekend vacation market in the past few decades, and it certainly wouldn’t be considered one of the cities where wealthy foreigners move to avoid…

Kish authorities on Wednesday announced they have set up an exclusive fiber optic network in line with a strategy to expand IT and telecommunication infrastructure in the Persian Gulf island.…

More than 62 million metric tons of cement was produced during 11 months of the current Iranian year (to end March 20), IRNA cited statistics by the ministry of industry, mine, and trade. Some 80…

The TEDPIX’s fresh rally at Wednesday’s close encouraged investors to grab the opportunity and shore up their portfolios with stocks that have hit rock bottom amid lingering uncertainties…

The sharp global decline in iron ore prices has led to lower profitability in the mining sector, dissuading some countries from investing in Iran’s mining sector, Eghtesadnews reported.

The Iranian Mining and Mines Industries Development and Renovation Organization (IMIDRO) has explored 188,000 square kilometers of the country’s area during the 11 months of the current Iranian…

Iran’s largest start-up weekend started in Tehran at five different universities on Wednesday, namely the universities of Tehran, Sharif, Technology and Science, Shahid Beheshti and Amir Kabir.…

Iran Mercantile Exchange (IME)’s industrial and mining trading played host to 143,846 tons of metals and minerals on Wednesday.

Head of supervision department at the Organization for the Protection of Consumers and Producers says the organization will be supervising all clothing shops and retail stores during the…

India is planning to export $30 million worth of tea to Iran in 2015, Indian Tea Association’s (ITA) Vice Chairman, Azam Monem said on Tuesday.

Iran’s export of aquatic products is expected to reach $310 million before the end of the Iranian year (ends March 20), according to an official in Iran Fisheries Organization, Isa Golshahi, who…

The number of agriculturists holding bachelor degrees hardly amounts to 1% of the total agriculturists in the country, lamented Mohsen Movahedian, member of Iran’s Agriculture and Natural…

Over the past several months senior authorities, at regular intervals, have officially made known that the government is planning to delete all households who earn at least 25 million rials ($730…

As many as 1,322 knowledge-based businesses have been registered in Iran so far, head of the Innovation and Prosperity Fund, Behzad Soltani announced, adding: “Loans amounting to 970 billion rials…

Authorities on the Persian Gulf Island of Kish have announced that the first edition of the Asian Nano Forum has kicked off in the presence of Mohammad Farhadi, minister for science, research and…

Sina Bank, announced the development of a secure mobile phone application or “app” on Tuesday, according to Banker news website.

The Central Bank of Iran has developed a roadmap comprising of 11 policies, 39 plans and over 150 immediate measures to contribute to the development of the “resistance economy” plan – a set of…

A new local file-sharing site has come online in Iran called Tizfile.com, allowing Iranian web users to pay for online cloud file storage previously unavailable.

The website states that new…

Tehran Stock Exchange’s CEO on Tuesday called for more support for Iran’s infantile investment industry and promoting long-term investing.

“Lack of attention to mutual funds in the capital…

For the second time this year the central bank’s board of directors have met with economists and monetary experts to discuss deposit rates.

During the meeting held on Monday, Valiollah Seif…

The Rial advanced on Ferdowsi Street on Tuesday, with all currencies and the gold coins retreating as speculation of a possible deal with the West over Iran's nuclear energy program curbed safe…

Iran’s second largest mobile phone line provider, MTN-Irancell, has announced it will offer “travel accident insurance” to its customer base, according to the company’s website.  The new…

The Iranian Privatization Organizations (IPO) announced the annulment of the public auction for the country’s two major state-owned football clubs Perspolis and Esteqlal until further notice, IRNA…

The supervision committee for elections in Tehran Chamber of Commerce, Industries, Mines and Agriculture has announced the initial results of the chamber’s latest round of voting. Based on the…