Economy

Governor of the Central Bank of Iran Valiollah Seif tamped down worries about the surging exchange rate for the US dollar on Tuesday, stressing that the surging exchange rate for the US dollar…

Home prices in Iran are bound to jump if the US dollar’s rally against the rial were to continue in the domestic market, the newly-elected head of the Tehran Association of Realtors announced.…

Islamic Development Bank, the Jeddah-based multilateral development financing institution devoted to lending a hand to its 57 Muslim member states in fostering economic development and…

A delegation from the International Monetary Fund met with officials from the National Development Fund of Iran on Saturday.

The Fifth International Exhibition of Nuts, Dried Fruits and Related Industries is scheduled to open early next year, gathering tens of production, processing and exporting companies in the…

About 93% of Iran’s exports and 83% of its imports are conducted via sea, the Army’s deputy for coordination said.

“Iran has sea borders with 12 of its neighboring countries. One-third…

The Third International Building Industry Exhibition opened on Tuesday at Tabriz International Exhibition Center in northwestern Iran. Representatives of Iran, Germany, Switzerland, France,…

Some 160 trillion rials ($3.79 billion) worth of tax are collected from Tehran Province annually, of which the city of Tehran’s share stands at 20 trillion rials ($474 million) in the current…

Executives from aircraft manufacturers Airbus and Boeing are due to arrive in Tehran next week to negotiate and decide on the financing of Iran’s newly-purchased passenger airplanes.

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The 25th International Exhibition of Chandeliers and Decorative Lights will be held in Tehran’s International Permanent Fairground from December 24 to 27.

More than 200 domestic and…

An Iranian delegation attended the 11th World Trade Organization meeting this week in Buenos Aires, Argentina, as observer member.

The delegation comprised of representatives from the…

Samsung will reportedly bring several upgrades to the iris scanner on its next Galaxy S phone, presumably called the Galaxy S9.

Some of these possible changes include a shorter response…

Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models.

Security researcher Michael Myng found the…

Amazon Web Services announced the general availability of its second Chinese cloud region today, providing customers with another environment. It is located in the Ningxia autonomous region in…

A local startup has been launched delivering smart home security and alarm systems. Services offered by ‘Smart Hoom’ enable users to monitor their property through a companion app available for…

Ahead of the publication of the Global Corruption Report by Transparency International, the Tehran Chamber of Commerce, Industries, Mines and Agriculture organized its annual anti-corruption…

Iran’s agent bank of the housing sector has notified the Central Bank of Iran that it is ready to start the second phase of issuing mortgage-backed securities on a significantly larger scale, as…

More than 9.6 million checks worth more than 615 trillion rials ($14.5 billion) were transacted during the eighth Iranian month of Aban (ended Nov. 21), of which 1.5 million checks worth 138…

According to the latest statistics, currently 2.5 million residential units across the country are vacant, the head of the National Land and Housing Organization of Iran announced. Hamid Reza…

The municipalities of Iranian metropolises are allowed to issue up to 80 trillion rials ($1.9 billion) of bonds in the next fiscal year (started March 21) based on the new budget bill presented…

Major Iranian mining companies produced 228.32 million tons of different mineral products during the first eight months of the current fiscal year (March 21-Nov. 21), registering an 11% growth…

More than 3 million square meters of handmade carpets are annually woven in Iran, two-thirds of which are exported and the rest is used to meet the domestic demand, the head of Iran National…

The significant rise in departure tax stipulated in the budget bill for the coming fiscal (March 2018-19) has sparked a social media frenzy in Iran. As per the budget bill submitted by President…

Tehran Stock Exchange’s main index gained 353.50 points or 0.39% to end Monday trade at 91,552.4.

About 1.17 billion shares valued at $74.42 million changed hands for the day.

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A total of 25.5 million tons of non-oil goods, including gas condensates, worth $9.73 billion were exported from the southern port city of Bushehr during the first eight months of the current…