Economy

A hot debate has been triggered following the announcement that the two major Iranian automakers have been authorized to receive five trillion rials ($147 million at market exchange rate) in loans…

The removal of sanctions on Iran could provide a timely lift for the property market in Dubai after it “flattened out” in recent months, according to the property consultancy Cluttons.

The insurance regulator has criticized insurance managers and private hospitals for their lack of customer orientation, BINA news website reported, citing an official.

Outdated technology used by Iranian industries is to blame for their low level of productivity, said the head of National Iranian Productivity Organization.

The much-awaited International North-South Transport Corridor through Iran has been set in motion, with New Delhi, Tehran, Moscow and 10 other states at a recent meeting in Delhi approving…

Gol Gohar Iron Ore Complex offered 55,000 tons of granulated iron ore at the base price of $28 per ton on Iran Mercantile Exchange’s export trading floor on Wednesday.

As IME reported, the…

Tehran Stock Exchange’s overall index wrapped up another sluggish trading day in green with Ghadir Investment Company’s block trade barely lifting TEDPIX to gain 25.2 points or 0.04% to settle at…

Experts and market analysts paint a promising picture of Iran's mining sector in the coming years following the lifting of western sanctions.

Iran Fara Bourse’s main index IFX edged up 2.18 points or 0.3% on Wednesday to close at 732.73. More than 87 million securities were traded in 12,183 transactions valued at $85.2 million. Iranian…

Transit goods constitute 420,000 tons of the total 820,000 tons of commodities which crossed Sarakhs rail border (northeast of Iran on Turkmenistan border) during the first five months of the…

In a meeting between Thai Ambassador Ramsee Chittham and head of Shiraz Chamber of Commerce, Industries, Mines and Agriculture Fereydoun Forghani in the capital of Fars Province on…

Iran is likely to record the largest budget deficit since the 1980-88 war with Iraq as last year's drop in oil prices proved too steep for the government to swallow. Although budget deficits are a…

The Organization of Islamic Cooperation’s International Business Center will hold the 6th Muslim World Biz Expo in Kuala Lampur October 27-30, the Iranian executive manager of the organization…

Emirates is looking to add more flights to Iran, including to new destinations, Emirati media quoted a senior executive as saying on Tuesday, the day it launched flights to Mashhad, Iran’s second…

French new-car sales, which rose 9.7% in August, was boosted by an extra selling day. Registrations rose to 92,052 cars in the seasonally slow holiday month from 83,715 a year earlier, the Comité…

Renault's local joint venture, Negin Khodro, is to offer new "VIP" services for local customers in the case of an emergency situation or breakdown.

Customers, who previously bought cars…

The 2016 Citroen Ds4 has had a facelift with new styling and refreshed engines and the arrival of the DS4 Crossback, as a high-riding variant.

More than 450 bankers from [Persian] Gulf Cooperation Council member states will come together next month at a leading banking technology and innovation event in Dubai this month.

The Fifth…

New Towns Development Company has detailed a set of plans seeking to develop “new cities” in Mokran coastlines—a Persian term referring to the coastlines of the Persian Gulf and Sea of Oman, the…

The government is not authorized to regulate interest rates in a top-down manner in an Islamic banking system, instead rates should be based on market conditions and rate of return, said Minister…

The average home price in Tehran continued to fall in the month to Aug. 22, according to data collected by Central Bank of Iran and Tenement Management Information System. Every square meter of…

About $700 million worth of paper and cardboards are imported every year due to significantly low domestic production, said the head of Printing and Publishing Office of the Ministry of Culture…

Most indices at Tehran Stock Exchange limped to a mixed close on Tuesday with the benchmark inching up 25.2 points or 0.04% to end a seesaw trading day at 64,251.

TEDPIX’s downbeat…

For years, the home appliance industry has been in dire straits and hit with various blows rendering it unable to live up to its potential.

The high inflation rate that brought about a…

About 150,000 tons of bitumen, sulfur and roof insulation were offered on Iran Mercantile Exchange’s export trading floor on Tuesday.