Economy

In a letter, the Central Bank of Iran’s Governor Valiollah Seif has called on all governors across the country to undertake strict and effective supervision over how bank loans are allocated to…

Bank Sepah, the oldest Iranian bank, has denied reports in the local media that its Frankfurt branch has been subject to a new round of sanctions, saying foreign exchange operations of the…

Tehran Stock Exchange’s main index gained 196.43 points or 0.22% to end Saturday trade at 88,202.30.

About 534 million shares valued at $29.35 million changed hands in the day.

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The government has proposed a trilateral swap deal among the state, private contractors and banks to help ease its debt burden.

Outlined in a letter by the Economy Minister Masoud…

The value of Iran's exports to China during the nine months to Sept. 30, 2017, witnessed a 27.5% rise compared with last year's corresponding period to stand at $13.88 billion.

A total…

Angouran Lead and Zinc Mine set a new monthly record by extracting 105,000 tons of minerals during the seventh month of the current fiscal year (Sept. 23-Oct. 22), managing director of the mine…

The value of Iran’s exports to the European Union from January to September 2017 reached €7.2 billion, showing a 107% increase compared with the same period of last year.

Iran on Friday handed 19,000 Pakistanis arrested for crossing the common border illegally in the current year.

Pakistan Today further quoted an unnamed security official with Pakistan’s…

Head of the Iranian Parliament’s National Security and Foreign Policy Commission Alaeddin Boroujerdi discussed increasing cooperation in the field of air industries with Antonov CEO Oleksandr…

Close to 1.24 million tons of goods worth over $10 million were exported from Yazd Province in central Iran during the seven months to Oct. 22.

Director General of Yazd Customs Offices…

Iran does not have a problem obtaining financing for its aircraft deals and the delivery of purchased aircraft is on track, Deputy Transport Minister Asghar Fakhrieh-Kashan told IRNA on Saturday…

Iran exported $139 million worth of non-oil goods to Qatar during the seven months to October 22, registering a remarkable %117.5 increase compared with the same period last year, according to…

A local startup named ‘Moheme’ (meaning it is important) has been launched with the aim of increasing social awareness about different issues.

Moheme is a social media platform available…

US smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with…

Apple has given Amazon and Google an even bigger head start in the race to get smart speakers into people’s home. The tech titan said Friday it has pushed back the launch of its first smart…

Iranian banks are expected to open their first branches in Munich as early as the next few months while the next stop is Austria, the secretary-general of Tehran Chamber of Commerce, Industries…

After the US dollar’s recent bull run that pushed the value of greenback to its months-high record in Tehran’s open forex market on Monday, the American currency seems to be having more steady…

Iran is a hotspot of earthquakes and several of them have devastated cities and villages during its millennia old history. Its last earthquake on the night of Nov. 12 has damaged the areas…

A few days after a 7.3-magnitude earthquake shook the western province of Kermanshah and the regions bordering Iraq, the president of the Central Insurance of Iran renewed his call about the…

The first Iran-Luxembourg Forum opened on Wednesday and hosted Iranian and Luxembourg-based businesses keen on promoting bilateral trade.

Luxembourg, reeling from recently introduced…

Buying activity in the Iranian flat steel import market was modest in the week to Nov. 15, as prices for foreign material were significantly higher than the domestic market, sources told Metal…

Iran and Pakistan will conduct a pilot project of intermodal transportation under cover of TIR carnets (TIR Convention) within three months as per a memorandum of understanding signed by the…

A memorandum of understanding on agriculture and rural development cooperation was signed between Mexico’s Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food José Eduardo…

Iran is ready to introduce new tariffs for Turkmen trucks to ease bilateral trade between the two countries. This was announced by Minister of Roads and Urban Development Abbas Akhoundi in a…

The Iranian Privatization Organization is planning to put up the shares of two state-owned enterprises for sale on Tehran Stock Exchange and Iran Fara Bourse on December 4, IPO reported on its…