Drivers of ride-hailing services like Snapp and Tap30 are exempted from paying tax for now, the director of Iranian National Tax Administration told reporters on August 20.
A point that…
Economy
Economy
Mobile phone maker Motorola's distributor in Iran has officially revealed the new Moto X4 on its Instagram page for the first time.
Homa Telecom, the official distributor of Lenovo and…
Economy
A service which claims to insert advertisements into Telegram messenger channels has been launched in Iran, giving web administrators and marketing managers a new way to target consumers. The…
Economy
Iran exported close to $3 million worth of goods to Nigeria during the first four months of the current Iranian year (March 21-July 22), registering a 69% increase compared with the…
Economy
A company is in distress, its stocks are tanking, and red ink is all over the place. To address these, the board of directors ousts the CEO and starts looking for a more competent manager.
…Economy
New Minister of Economic Affairs and Finance Masoud Karbasian appointed Foroud Asgari as the caretaker of the Islamic Republic of Iran Customs Administration on Monday. Karbasian has been…
Economy
Around 760,000 tons of rice were imported into Iran during the last fiscal year that ended on March 20, 2017, a deputy minister of agriculture said.
“This is a remarkable achievement, as…
Economy
President Hassan Rouhani reappointed Mohammad Baqer Nobakht as the head of Planning and Budget Organization of Iran on Sunday.
Economy
A total of 11 agent banks have allocated 200,000 marriage loans in the past 24 days, in line with the Central Bank of Iran’s recent measure to extend 550,000 marriage loans, Ali Asghar…
Economy
Iranian exporters received interest subsidy on loans worth 300 billion rials ($7.9 million) during the year to March 20, 2017, the head of Trade Promotion Organization of Iran announced.
Economy
Iranian banks allotted loans worth 1.533 quadrillion rials ($40.2 billion) to various economic sectors during the first four months of the current Iranian year (started March 21), indicating an…
Economy
The volume of liquidity has been constantly on the rise in the Iranian economy for years, prompting many pundits to refer to it as a ticking time-bomb that, if not defused, will eventually…
Economy
Tehran Stock Exchange’s main index gained 58.80 points or 0.07% to end Monday trade at 82,075.
About 565 million shares valued at $32.53 million changed hands for the day.
…
Economy
Qeshm Cement Company has readied its first consignment of cement and clinker for exports to Mozambique, Hormoz Amiri, an official with Qeshm Free Zone, said.
The loading of 47,000 tons…
Economy
Iranians have been receiving a monthly cash subsidy payment of 450,000 rials ($12.4) since December 2010, which so far amounted to 2.63 trillion rials (over $68.6 billion).
Economy
A review of trade between Iran and Afghanistan over the past decade shows the neighboring country has mainly been an importer of Iranian goods.
Economy
More than 144.6 million tons of cargo were loaded and unloaded at major Iranian ports in the last Iranian year (March 2016-17), showing a 10% rise compared with the year before. Of this amount,…
Economy
Kermanshah, a city in western Iran, is hosting the eighth edition of a local auto exposition starting Tuesday. Reza Salim Soleimani, the event director, said a range of the latest models, spare…
Economy
Ezam Automotive Parts Group is set to produce automobile parts in Iran in cooperation with leading German and French companies.
The part maker will cooperate with Germany’s Bosch and…
Economy
Geelran Motor, an importer of China’s Geely vehicles in Iran, has launched the presale of GC9 in Iran’s free trade zones.
Free trade zones in Iran do not have restrictions or charges on…
Economy
MAN Diesel & Turbo, a German multinational that produces engines and turbo machinery, has said it is increasingly active in Iran, seeing the country as its biggest growth market in the…
Economy
Iranian interbank transactions during the fiscal year to March 20, 2017, stood at 30.9 quadrillion rials ($814.6 billion), marking a growth of 9.2 quadrillion rials ($243.2 billion) or 42.6%…
Economy
The US dollar once again gained against rial in Tehran’s foreign exchange market to reach its highest value in the past six months late Sunday. According to Tehran Gold and Jewelry Union’s…
Economy
CBI Governor Valiollah Seif has named the newly-formed cordial relationship between the country's monetary and capital markets as a factor for moderating bank interest rates, announcing that…
Economy
Promoting development and creating jobs in rural areas are top priorities of the government of President Hassan Rouhani, as a solution to impede the rural residents’ migration to cities and…
Economy
