Economy

Belarus and Iran are mulling over high-level interstate contacts in different fields.

The issue was discussed at a meeting between Belarus’ Deputy Minister of Foreign Affairs Andrei…

Iran Air is planning to launch Tehran-Sydney services later in 2018, using Airbus A330-200s. Speaking on the sidelines of the IATA AGM in Sydney on June 4, Iran Air Chairman and Managing…

In a move to support domestic production, the Islamic Republic of Iran Customs Administration will allow local producers to clear their raw material imports before they go through customs…

Deputy Roads and Urban Development Minister Abdolhashem Hassannia has criticized Turkmenistan’s unilateral decision to increase by 50% the tax on Iranian transit fleet. In a meeting with Turkmen…

Reports speak of a 73% slump in tablet imports following foreign currency rate fluctuations and a new crackdown on contraband tablet devices. 

China’s securities regulator has received on June 7 an application from smartphone and connected device maker Xiaomi for its initial share offering in China, a filing on the regulator’s website…

A housing official said the recent meteoric rise in house prices in some of the districts of Tehran, which far surpassed the inflation, are not “real” and must decline. 

Iraj Rahbar…

The Central Bank of Iran has agreed to significantly ease capital conditions based on which foreign banks will be able to establish a branch in the country's free trade zones, the secretary-…

The government has launched two offices to monitor and manage its piles of debts, a deputy at Plan and Budget Organization said. 

According to Hamid Pour-Mohammadi, one such office…

Iran’s Ministry of Roads and Urban Development is pursuing the expansion of real-estate investment trusts (REITs) in collaboration with Bank Maskan, the agent bank of the housing sector.…

Tehran Stock Exchange’s main index gained 374.32 points or 0.39% on Saturday to end trading at 95,951.9.

About 801 million shares valued at $43 million changed hands at TSE for the day…

There seems to be no end in sight to the showdown between the government and miners over unprocessed mineral exports.

The High Economic Council ratified the proposal to slap export…

Iran and Uzbekistan have reached a preliminary mutual agreement to allow tax-free entry licenses for trucks commuting between the two countries.

“The agreement was reached during the…

Iran’s two stock markets have seen the delisting of 174 companies since the fiscal 2002-3, according to Tehran Stock Exchange and Iran Fara Bourse data.

Tight spot supply of Iranian lead ingots have pushed up premiums for major importing countries such as India and some Southeast Asian markets, prompting buyers to search for alternative brands…

Iran’s total commercial exchanges with Turkey totaled $3.62 billion during the first four months of 2018, registering an increase of 2.11% compared with last year’s corresponding period,…

Iran exported about 605,000 tons of apples during the last fiscal year (ended March 20, 2018), up by more than 71% compared to the year before, Mohammad Ali Tahmasebi, deputy agricultural…

As of the fiscal 2016-17, there were one hospital per 83,780 and one hospital bed per 508 residents in Iran. 

According to the Statistical Center of Iran, the country has a total of…

The consumer price index (using the Iranian year to March 2017 as the base year) stood at 120.1 for the western province of Kermanshah and 110.4 for the southern province of Bushehr in the…

Russian companies working in Iran have an advantage over European rivals, as they are already under US sanctions and have nothing to lose, TeleTrade’s chief analyst said.

Local automotive company Kian Motor Varna delivered the first units of presold Borgward BX7 to customers this week in Tehran. Back in 2017, Kian Motor Varna signed an import agreement with the…

Peugeot 2008, the first product of a joint venture between the largest domestic automaker Iran Khodro and the French PSA Group, does not seem capable of finding a way out of price fluctuations…

A new scheme has been devised to facilitate the arduous task of finding a parking place in the tightly-packed streets and alleys of Tehran. Using a mobile application, citizens will be able to…

In an effort to reduce motor vehicle fatality rates, a smartphone application has been designed to notify drivers of imminent danger when drawing close to an accident-prone area. Unveiled on…

Foreign insurers have established four representative offices in Iran and another insurer has applied for a license to establish such an office, according to the head of Central Insurance of…