Economy

Shaparak Company, Iran’s national payment network operator, has reportedly notified all payment service providers in a letter that regulations concerning fees will be overhauled.

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The US dollar once again gained against rial on Monday in keeping with its bullish mode in Tehran’s foreign exchange market, which has raged since early autumn.

Nilson Report, a credible source of news and analysis of the global card and mobile payment industries, has published its latest list of top 150 payment services providers in the world, which…

The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could pave the way for the multilateral lender to grant finances to Iran.

The government and the Ministry of Roads and Urban Development have pledged to complete the Mehr Housing Project by July 2018, the spokesman for the civil-affairs commission of the parliament…

Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug. 22, data released by the Islamic…

The Second Export Capabilities Exhibition of the Islamic Republic of Iran will be held at Shahr-e-Aftab (Sun City) complex in southern Tehran on Oct. 31. According to the event’s official…

Iran and Georgia opened the sixth meeting of their joint economic commission in Tbilisi on Tuesday.

The session, which extends into Tuesday, is co-chaired by Georgia’s Minister of…

Iran exported goods worth $244.4 million to Indonesia and its imports from the country reached $92 million during the first half of the current Iranian year (March 21-Sept. 22), registering a…

Pakistan and Iran have decided to strike a deal on trade despite slow or no progress regarding the implementation of a payment mechanism and the Iran-Pakistan gas pipeline project.

Both…

More than 14,850 tons of allspice worth over 197.1 billion rials ($6 million) were exported from Iran during the five months to August 22, according to figures released by the Islamic Republic…

Major Iranian steelmakers exported 3.54 million tons of semi-finished and finished steel products during the first half of the current fiscal year (March 21-Sept. 22), registering a 32% growth…

Tehran Stock Exchange’s main index gained 46.70 points or 0.06% to end Monday trade at 84,611.6.

About 622 million shares valued at $64.43 million changed hands for the day.

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The first unit of Chinese derived Haval H2 has been spotted by the paparazzi on the streets of Tehran. It had a temporary number plate issued to cars deemed ready for test drive in urban areas,…

It is no surprise these days to hear the CEO of an automaker talk about building a fleet of autonomous robo-taxis to move people around congested urban centers. Daimler, Renault-Nissan, General…

The Traffic Police has stopped issuing license plates to eight vehicles, said the deputy police chief.

According to Brigadier General Mousa Amiri, since Sept. 17, eight models namely…

The US dollar, the most widely traded currency in Tehran’s foreign exchange market, once again gained against rial in Tehran’s open and official foreign exchange markets on Sunday to maintain…

Expanding private sector business activities in new technologies for payment systems will top the agenda of the Third Iran Transaction Exhibition that will run through October 24-26. …

German finance worth €3 billion ($3.5 billion) for a railroad project in Iran will soon be finalized, a deputy roads and urban development minister announced.

The Central Bank of Iran on Sunday published a document on policies related to the operation of fintechs, clarifying its stance about the role of the regulatory body and defining non-bank firms…

Iran’s northwestern city of Astara exported 50,116 tons of agro products worth $44.53 million during the six months to Sept. 22.

The production of fresh tea leaves is estimated to reach 100,000 to 105,000 tons in the current Iranian year that started on March 21, registering a 24-28% decline compared with last year due to…

Close to 140 tons of dental units worth close to 33.35 billion rials ($1.02 million) were imported into Iran during the five months to August 22, figures released by the Islamic Republic of Iran…

Iran’s trade with Austria stood at $404 million in 2016, Behrouz Hassan Olfat, director of Europe and Americas Department at the Trade Promotion Organization of Iran, announced.

Iran exported $228 million worth of goods to Russia during the first half of 2017, indicating a 36% increase compared with last year’s corresponding period, Iran’s commercial attaché to Russia…