Economy

The head of Iran's Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafei outlined 12 solutions to the ongoing currency and economic problems.

Private sector…

Iran's currency market has lost some of its fluctuating fervor in the past few days, leading to hopes that airlines will also bring down their skyrocketing prices, as some have already done so…

1. Deputy President for Economic Affairs Mohammad Nahavandian: Foreign currency exchange rates are bound to drop lower. (ILNA)

2. Governor of Central Bank of Iran Abdolnasser Hemmati:…

As Iran's housing sector is hard at work fighting off a returning recession triggered by the currency crisis, the state-run agent bank of the sector is pumping out facilities faster than ever to…

The administration of President Hassan Rouhani has earned $350 million from money paid by conscripts to pay off their mandatory military service, a deputy of Iranian Public Conscription…

Iran ranks 78th out of 195 countries in its education and health care funding as measurements of its commitment to economic growth, findings of the first-ever worldwide scientific study show…

With the foreign exchange market undergoing seismic shifts over the past several days, new car sales are in disarray and the auto market in a state of hiatus.

Having realized that closing schools on unhealthy days and restricting daily trips to the near permanently clogged streets in central Tehran to taxis and a few other exemptions cannot reduce the…

Privately-owned banks have expressed readiness to establish a joint bank with Iraq, said the head of Iran-Iraq Chamber of Commerce.

Speaking to IBENA, Yahya Al-e Es’haq said the bank…

The rout in Tehran stock markets continued on Monday as risk-averse investors reacted to rumors surrounding Iran's accession to the UN Terrorism Financing Convention in early trade with the safe…

The International Court of Justice (ICJ), the principal judicial organ of the United Nations, will hold public hearings in the case concerning Certain Iranian Assets (Islamic Republic of Iran v…

The Economic Cooperation Organization's Veterinary Forum attended by chief veterinary authorities from Uzbekistan, Kazakhstan, Afghanistan, Azerbaijan, Turkey and Iran will conclude in Tehran…

Close to 33.15 trillion rials ($245.55 million) worth of contraband goods were confiscated during the five months to Aug. 22, showing a 123% surge compared with the similar period of last year…

Exports of cement through Sarakhs border crossing in Khorasan Razavi Province to Central Asian countries by railroads stood at around 193,000 tons during the first half of the current Iranian…

A recent report published by the Ministry of Cooperatives, Labor and Social Welfare's Statistical Center provides extensive information about job tenure in Iran, i.e. the length of time workers…

A notable change in recent years, especially in the past few months, in Iran's housing market has impacted the tenancy market, considerably increasing the number of deals .

The common…

Iran has a total of 217,000 kilometers of roads, for the maintenance of which 9 trillion rials ($600 million) are needed per year, the deputy head of Road Maintenance and Transportation…

The visa waiver program initiated by Iran for citizens of Oman is poised to boost the Islamic Republic's travel industry in general and health tourism sector in particular.

The e-Commerce Development Center of Iran, affiliated to the Ministry of Industries, has released a report pointing to the gender divide in the growing online businesses sector, calling on those…

Iranian lawmakers on Sunday approved a measure that allows Iran to formally join the International Convention for the Suppression of the Financing of Terrorism, clearing a major hurdle to…

Selling continued on Saturday for stocks, with the Tehran Stock Exchange main gauge, TEDPIX, logging a third straight drop after getting hit by another jump in the rial value and investor…

About 250.97 billion shares and securities worth 723.32 trillion rials ($5.56 billion) were traded in the Tehran Stock Exchange since the beginning of the current fiscal (March 21) during 127…

Iran's apple production is estimated to decrease by more than 30% in the current Iranian year (March 2018-19) to reach 2.6 million tons, a board member of Iran’s Orchard Owners Union said.

Sanctions imposed on Iran by the United States offer an opportunity for Europe to develop its own independent financial institutions, France’s Finance Minister Bruno Le Maire said.

More than 37.67 million tons of commodities were loaded and unloaded in the southern Hormozgan Province’s Shahid Rajaee Port during the first half of the current Iranian year (March 21-Sept.22…