Economy

A member of Majlis Economic Commission has called for more liquidity to be directed toward the housing sector, saying that although mortgage rate cuts are likely to help boost the sector’s…

The governor of the Central Bank of Iran acknowledged shortcomings in the government's new foreign exchange policy, promising that they would be addressed. 

Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists…

Iran’s economic sectors received a total of more than 9.35 million counts of loans valued at 6.13 quadrillion rials ($145.95 billion) from banks and credit institutions during the previous…

The First International IranVet Exhibition is scheduled to open on July 21 and run through July 25 at Tehran’s Grand Mosalla. 

The project to electrify the 430-kilometer-long Garmsar-Sari-Gorgan-Incheh Borun Railroad will kick off in the current Iranian year (started March 21), the deputy head of the Islamic Republic of…

A total of 770,000 tons of paper, including newsprint, book paper, tissue, packaging paper and cardboard, were produced in Iran in the last fiscal year (March 2017-18), registering a 32% rise…

The Islamic Republic of Iran Customs Administration has set a $10-million cap on imports for each free trade and special economic zone in Iran during the first quarter of the current fiscal (…

A total of 11,000 production units are engaged in non-oil exports in the last fiscal year (March 2017-18), marking a rise of 37% compared with close to 8,000 units the year before, thes deputy…

More than 340,500 tons of goods were loaded on 5,845 freight wagons in Isfahan during the first month of the current Iranian year (March 21-April 21), indicating a 55% rise in the throughput…

Iran Air, the country’s flag carrier, announced plans to increase its weekly flights to the Qatari capital Doha from May 1, to meet the growing demand for flights to Qatar and in line with the…

The production units of Iranian industrial parks exported $2.18 billion worth of commodities in the last fiscal year (March 2017-18), IRNA quoted deputy minister of industries, mining and trade…

Major Iranian lead and zinc producers extracted 928,932 tons of ores in the last fiscal year (March 2017-18), according to the Iranian Mines and Mining Industries Development and Renovation…

US President Donald Trump’s threats to leave the nuclear agreement has so far made no direct impact on Iran Air’s contracts to buy airplanes from western planemakers, an advisor to the minister…

Section-3 of Khwaf-Herat Railroad, part of Iran-Afghanistan rail corridor, has made 80% progress, according to a delegation of the Islamic Republic of Iran Railways which recently visited Herat…

Tehran Stock Exchange’s main index lost 473.72 points or 0.5% on Sunday compared to the day before to end trade at 93,810.7.

About 697 million shares valued at $43.75 million changed…

Since early hours of Sunday, Iranian Telegram users were experiencing disrupted communications. The services reportedly were also down in several European countries.

Telegram’s founder…

The European Space Agency’s mission to search for life on Mars has reached an important milestone with its six-wheeled surface rover prototype expected to head to the red planet in 2020.

A European Commission plan to tax the digital turnover of large companies drew skepticism on Saturday from the global rule-setting body on tax matters and some EU states, which called instead…

The Central Bank of Iran has released new guidelines for the way banks' capital adequacy ratios are calculated. 

According to a circular published on CBI's website on Saturday, the…

When top-level officials and business representatives gathered in Tehran on Saturday as part of the two-day Sixth Iran-Europe Banking and Business Forum, the shadow of US President Donald Trump’…

The Iranian banking network paid 37.5 trillion rials ($870 million) to 218 knowledge-based companies during the previous Iranian year (March 2017-18).

Minister of Information and Communications Technology Mohammad Javad Azari-Jahromi said on Saturday his ministry has prepared a preliminary prototype of the national virtual currency in…

About 37.8 million tons of commodities worth $15.08 billion were exported from Bushehr Province in southern Iran during the last fiscal year (March 2017-18), the head of Bushehr Industries,…

The second production phase of Parla Textile Company was inaugurated by Minister of Industries, Mining and Trade Mohammad Shariatmadari last week.

Located in Tabriz, Parla Textile…