Economy

More than a week after US Treasury Department blacklisted Central Bank of Iran's Governor Valiollah Seif for his alleged "support for terrorism", the International Monetary Fund has released a…

Due to a rise in slaughtered and live sheep prices in the domestic market, the Agriculture Ministry has banned livestock exports as of Wednesday, the head of Exports Confederation with Iran…

Recent heavy rainfall and flooding in Iran have inflicted millions of dollars in damage on roads in several provinces, including South Khorasan, Ilam, Lorestan, Golestan, Mazandaran and Yazd.…

More than 1 million tons of toothbrushes worth over 719.63 billion rials ($21 million) were imported into Iran during the last fiscal year (March 2017-18), data released by the Islamic Republic…

Iran’s civil aviation industry will survive any unfair sanctions imposed on the industry, said the spokesman of Iran’s Civil Aviation Organization in reaction to US administration’s Thursday…

For transport and logistics industry experts, spring is always associated with increased transportation volumes of certain cargo groups such as seeds, pesticides and fertilizers–everything…

The Sartak-Pishta border gate between the Kurdistan Regional Government and Iran was reopened by the Iraqi government on Thursday after more than three months.

“The Sartak border gate…

The 35th round of International Association of Science Parks and Areas of Innovation (IASP 2018) conference will be held in Isfahan on September 2-5 at the city's Science and Technology Town.

New European privacy regulations that were to go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to…

Iran is set to boost collaborations with the World Intellectual Property Organization. The matter was discussed in a meeting between Iran’s Vice President for Science and Technology Sorena…

Businesspeople that have validated their purchase orders are allowed to directly purchase their required foreign currencies from certified exchange shops through Nima, the Central Bank of Iran's…

The Money and Credit Council approved the Central Bank of Iran’s proposals demanding a more stringent oversight of credit institutions and amendments to administrative procedures related to…

While Germany’s big banks are studiously avoiding Iran-related deals for fear of US reprisals, six credit unions, or Volksbanken, from southern Germany appear unafraid and are continuing to…

The third month of the current fiscal year (May 22-June 21) will witness 19 government-owned assets worth more than $109 million put up for sale both via capital market and tenders. The sales…

Iran Mercantile Exchange launched saffron futures trading for the first time on Wednesday to develop the market for derivatives with new underlying assets.

The futures' expiration date…

Tehran's stock market is no stranger to systematic risk stemming from political turbulence.

Tehran Stock Exchange’s main index gained 215.16 points or 0.23% on Wednesday to end trading at 95,445.1.

About 849 million shares valued at $45.80 million changed hands at TSE for the…

More than 318 tons of analogue wall clocks worth close to 38.2 billion rials ($1.1 million) were imported during the last Iranian year (March 2017-18), figures released by the Islamic Republic…

The average goods and services Consumer Price Index in Iran during the 12-month period ending May 21, which marks the end of the Iranian month of Ordibehesht, increased by 8% compared with last…

Around 39,446 tons of tea leaves were purchased by the government from local farmers at 964 billion rials ($22.95 million) during the spring harvest of the crop, registering a 6% decline…

Hormozgan Province has exported four fiberglass cargo and fishing launches to countries with a coastline on the southern side of the Persian Gulf in the past six months, the director general of…

Iran traded $485.60 million worth of non-oil goods with Hong Kong in the last Iranian year (ended March 20, 2018), marking a 20.72% decline compared to the year before. 

This made…

A total of 740 trillion rials ($17.61 billion) in cheap loans will be allocated for industrial renovation and retrofitting incomplete projects in the current fiscal year (March 2018-19), an…

A total of 4,140 cooperatives were established in Iran during the last fiscal year (March 2017-18), which created 68,000 jobs, a deputy minister of cooperatives, labor and social welfare said.…

Authorities are set to ratify new car prices for models costing under 450 million rials ($10,700) in the early days of June.

Head of the Competition Council Reza Shiva said on Tuesday…