Economy

The government has said it plans to place 400,000 electric motorcycles and 140,000 hybrid taxi cabs on the market as part of a plan backed by the oil ministry to help protect the environment, said…

In a meeting this week in Putrajaya, the Malaysian de facto capital, the Iranian deputy-minister of welfare, labor and cooperatives agreed with Malaysian officials to expand bilateral…

The recent news from the Central Bank of Iran to oblige charging of transaction fees from 1,000 to 1,500 rials per transaction (pending Money and Credit Council final approval) on ‘Point-of-…

Iranian insurers have proved that they can thrive, or at least survive, with limited access to the global reinsurance markets, according to the report released by Business Monitor International on…

The average capital increase of all listed firms on the Tehran Stock Exchange is close to 100 percent, SENA reported. The entire licenses were offered to increase the capital in the first six…

Some 338,000 tons of commodities worth over 6.6 trillion rials ($2.48 billion) were traded at Iran Mercantile Exchange during the week ending September 25. In the industrial and mineral products…

Despite the cessation of steel imports, prices have not changed in the domestic market as there is little desire for an increase in purchases.

The Securities and Exchange Organization plans to set up a futures exchange for trading of foreign currencies, director of SEO’s supervisory office said.

Over 760 exhibitors, including 250 companies from at least 15 countries, including, Italy, Germany, Russia, Austria, Korea, China and Taiwan, are showing off their latest plastic-related products…

Lately, the equity market has been demonstrating volatility, pushing the market mostly into red, but the Tehran Stock Exchange main index (TEDPIX) has stood in green territory for eight…

It can be said with a degree of fairness that curbing the disturbing rate of inflation is among the major achievements of the Rouhani administration after it took over the reins of power in the…

Those who have gone through official employment process will be employed by the government as of the next Iranian calendar year (to start March 21), said the Head of Management and Planning…

The deputy minister for cooperatives, labor, and social welfare has participated in the fourth session of the Permanent Committee of Social and Economic Cooperation of the Organization of Islamic…

Iran has started conducting its fourth agriculture census, said the head of Statistical Center of Iran, adding that the process will take two weeks. Based on the last census conducted eleven years…

Representatives of workers have filed a complaint against the Supreme Labor Council at the Parliament’s Article 90 Committee, reported Mehr News Agency. They claim the council failed to adequately…

Germany is coming down harder on tax evaders, introducing draft legislation that foresees stricter rules for people who turn themselves in to escape punishment.

On Wednesday, the German…

Trade and investment growth has slowed in the Asia-Pacific region heavily dependent on foreign demand for its exports to European countries and the United States, a United Nations report said on…

The government has said due to the relative improvement in some economic indicators, its approach towards the next year’s budget is aimed at maintaining the status quo.

The administration’s…

Mojtaba Hashemi, deputy minister of telecommunications and information technology, has traveled to Azerbaijan in a bid to help boost IT collaboration between the two countries. Hashemi heads a…

There is no guarantee that if banks give up running firms the economy will thrive, former managing director of Tehran Stock Exchange told Eghtesad News on Wednesday.

Last month, the Central…

Iran absorbed $37.31 billion in foreign investment between 1992 and 2012, a level that put the country in the 56th place among 105 countries in terms of received foreign direct investment,…

Unilateral sanctions imposed on the Central Bank of Iran since January 2012 by the European Union have had a significant role in the relationship between Tehran and the 28-member block.…

An Iranian commercial delegation is in Moscow to discuss ways to put into operation the recent agreements the two countries have reached regarding expansion of trade volume, reported Tasnim News.…