Economy

Some 160 trillion rials ($3.79 billion) worth of tax are collected from Tehran Province annually, of which the city of Tehran’s share stands at 20 trillion rials ($474 million) in the current…

Executives from aircraft manufacturers Airbus and Boeing are due to arrive in Tehran next week to negotiate and decide on the financing of Iran’s newly-purchased passenger airplanes.

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The 25th International Exhibition of Chandeliers and Decorative Lights will be held in Tehran’s International Permanent Fairground from December 24 to 27.

More than 200 domestic and…

An Iranian delegation attended the 11th World Trade Organization meeting this week in Buenos Aires, Argentina, as observer member.

The delegation comprised of representatives from the…

Samsung will reportedly bring several upgrades to the iris scanner on its next Galaxy S phone, presumably called the Galaxy S9.

Some of these possible changes include a shorter response…

Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models.

Security researcher Michael Myng found the…

Amazon Web Services announced the general availability of its second Chinese cloud region today, providing customers with another environment. It is located in the Ningxia autonomous region in…

A local startup has been launched delivering smart home security and alarm systems. Services offered by ‘Smart Hoom’ enable users to monitor their property through a companion app available for…

Ahead of the publication of the Global Corruption Report by Transparency International, the Tehran Chamber of Commerce, Industries, Mines and Agriculture organized its annual anti-corruption…

Iran’s agent bank of the housing sector has notified the Central Bank of Iran that it is ready to start the second phase of issuing mortgage-backed securities on a significantly larger scale, as…

More than 9.6 million checks worth more than 615 trillion rials ($14.5 billion) were transacted during the eighth Iranian month of Aban (ended Nov. 21), of which 1.5 million checks worth 138…

According to the latest statistics, currently 2.5 million residential units across the country are vacant, the head of the National Land and Housing Organization of Iran announced. Hamid Reza…

The municipalities of Iranian metropolises are allowed to issue up to 80 trillion rials ($1.9 billion) of bonds in the next fiscal year (started March 21) based on the new budget bill presented…

Major Iranian mining companies produced 228.32 million tons of different mineral products during the first eight months of the current fiscal year (March 21-Nov. 21), registering an 11% growth…

More than 3 million square meters of handmade carpets are annually woven in Iran, two-thirds of which are exported and the rest is used to meet the domestic demand, the head of Iran National…

The significant rise in departure tax stipulated in the budget bill for the coming fiscal (March 2018-19) has sparked a social media frenzy in Iran. As per the budget bill submitted by President…

Tehran Stock Exchange’s main index gained 353.50 points or 0.39% to end Monday trade at 91,552.4.

About 1.17 billion shares valued at $74.42 million changed hands for the day.

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A total of 25.5 million tons of non-oil goods, including gas condensates, worth $9.73 billion were exported from the southern port city of Bushehr during the first eight months of the current…

As much as 1,000 trillion rials ($23.8 billion) had been projected as tax revenues in the current fiscal budget (March 2017-18), more than 85% of which (around $19 billion) were realized in the…

As per the budget bill of the coming fiscal year (March 2018-19), the government will allocate 180 trillion rials ($4.28 billion) out of the Subsidy Reform Plan’s resources for production sector…

Iran exported 5.78 million tons of metallurgical products worth $2.5 billion during the first seven months of the current Iranian year (started March 21), registering a growth of 8% in value and…

Iranian and South Korean private companies signed 22 memorandums of understanding late on Sunday at Tehran’s Milad Tower for the South Korean side to transfer technology to Iran in the fields of…

Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global prices of the energy…

Engineers from Amirkabir University of Technology have designed speed bumps, which harvest solar power and kinetic energy from the passing traffic and produce electric energy. “The bump is a…

Nissan Motor Co and Japanese gaming software maker DeNA Co say they would begin public tests of their self-driving ride-sharing service in Japan next year.

The two companies join a…