Economy

The housing market improved in the period August 22– September 23 compared with last year’s sales which were deeply affected by the recession.  

Tehran Stock Exchange closed with tepid gains on Sunday, after the new round of nuclear negotiations between Iran and the P5+1 appeared to be making progress.

An economist has predicted that the government will soon create a unified exchange rate regime and try to keep the dollar price floating between 32,000 rials and 33,000 rials.

The Securities and Exchange Organization (SEO) authorized the country’s first land and structure fund (LSF) called “Nasim” to enter stock market, Securities and Exchange News Agency (SENA)…

The Central Bank of Iran is going to introduce a new instrument, called the e-wallet for managing retail purchases of the citizens, vice chairman of Saman Electronic Payment Company told FNA on…

A lawmaker has criticized the parliament’s decision to remove a capital gains tax on property sales.

Ahmad Tavakoli, who is a member of planning, budget and auditing committee, blamed “…

Employment of foreign nationals, particularly undocumented Afghan immigrants, should be restricted due to the large number of unemployed Iranians looking for work, an official said on Monday.

Lawmakers have decided on tax exemption for non-oil exports as well as agricultural exports. Based on the new act, to be enforced by March 2016, the government imposes no tax on non-oil and…

A major bridge building project, called Persian Gulf Bridge, which was to be inaugurated in 2013, has a physical progress of only 3%, said the secretary of Center for Free and Special Economic…

The TEDPIX as the stock market’s main index climbed 0.2 percent and notched third straight win on Monday, after its declining trend in past six months.

According to the Tehran Stock…

It seems that major banks have eventually started to follow a CBI directive urging them to focus on banking rather than non-banking activities.

The positive outlook included in the six-month reports of the listed companies at the Tehran Stock Exchange coupled with optimism on the outcome of ongoing nuclear talks are two crucial…

As many as 33 types of goods were traded in Iran Mercantile Exchange, weighing at least 110,000 tons. On agricultural products trading floor, different companies offered products such as semi-dry…

Iran Privatization Organization (IPO) has released the details of the privatization of three more government firms. In line with the Article 44 of the Constitution, Terminals and Tanks…

The minister for industries, mines, and trade said the government would support the private sector to finish all abandoned and unfinished steel projects.

“If the private sector develops…

The Majlis Research Center has published a report on aluminum consumption and production in the country, pointing out the hurdles to the development of Iran's aluminum industry.

Housing loan-backed securities, which have been steadily getting more expensive during the past eight months, are expected to witness a balance between supply and demand. During autumn, a time…

Abundant mines located in the southern province of Fars could attract domestic and foreing investors, according to Alireza Jokari, head of Fars Province Mining Engineering Organization. Ninty…

The Central Bank of Iran has recently asked the parliament to let it use money made up from difference in foreign exchange rates, which have repeatedly fluctuated in recent years, to repay its…

Iran will hold the 5th edition of the National Exhibition of Iranian Aviation and Space Industries in the capital Tehran on October 21.

An Iranian maritime official said the country has gained self-sufficiency in designing and manufacturing various types of vessels, particularly passenger ships, reported FNA. Abdolkarim Razazan…

Many Iranian guilds have opposed the decision by the Central Bank of Iran (CBI) to charge fees for transactions through point of sale machines (POS). They argue that charging the transactions on…