Economy

Fortunes have turned for bureaux de change operators throughout the country. As the deadline to register with the regulator ended on last Wednesday, it rattled the nerves of bureau owners,…

Razi Insurance Company is set to become the first Iranian insurer to obtain credit rating from an international rating agency.

CEO of the company, Younes Mazloumi, said on Saturday that…

Iran's oil revenues have fallen to record lows, pushing the government to take an unprecedented step against privacy in its fight against tax evasion.

Three prominent aluminum plants, IRALCO, Almahdi and Hormozal, have produced more than 123,000 tons of ingots since the beginning of the current Iranian year (March 21), which shows a 4% increase…

Fresh fluctuations at Tehran Stock Exchange on Saturday saw the benchmark TEDPIX inching up 6.7 points or 0.01% to close at 65,225.

Erosion of probability still lingers at TSE with most…

Indian state-owned mining company Kudremukh Iron Ore Company Ltd says it will soon enter into a pact with Gol Gohar, one of the largest mines in Iran. Under the arrangement, iron ore …

The ink was barely dry on a landmark agreement with Iran before a German government plane packed with the nation’s economic elite touched down in Tehran.

Three trade delegations from Iran are scheduled to visit the Greek capital Athens while Tehran is also due to host a Greek trade delegation by the end of the current Iranian year (started March 21…

Iran Mercantile Exchange played host to 200 tons of zinc ingots offered by local suppliers on the industrial and mining trading floor on Saturday.

A new Iranian application to practice and prepare for driving road rules testing has been released for Android.

The app «Driving Road Rules Testing» has been designed by Barnamefa Group…

Statistics released by the Ministry of Industries, Mining and Trade indicate that during a four-month period ending July 22, 329,000 vehicles were produced in Iran.

The figures show that…

Four new car service complexes, along with automobile galleries, will be established in Anzali Free Trade Zone.

According to Javad Koshali, investment manager of Anzali Free Trade Zone, the…

The Ministry of Industries, Mining and Trade released a Strategic Plan outlining the key policies and objectives of the 20-Year Vision Plan (2005-25) last week.

Iran’s exclusive fair in Turkmenistan concluded last week in Ashgabat Exhibition and Conference Palace.

Over 100 Iranian companies, including Iran’s leading carmaker Iran Khodro Company,…

Some 70 motorcyclists worked their mojos and pumped pedals for first place in the three-day Motorcycle Endurance Rally held in Semirom County in Isfahan Province. “All contestants were members of…

Energy company bosses and executives from major business lobbying groups in the UK will attend the reopening of Britain's Embassy in Tehran this weekend when London moves towards restoring full…

In response to the World Bank’s prediction that economic growth in Iran can top 8% over two years once sanctions are lifted, two Iranian economists have discussed the feasibility of the figure in…

A Filipino trade delegation arrived in Tehran on Saturday to discuss joint venture production in Iran’s mining sector. During its three-day visit, the delegation is scheduled to meet with senior…

In his two years as Minister of Economic Affairs and Finance Ali Tayyebnia has been summoned thrice by the Parliament to ease lawmakers’ seemingly unending worries on some of the country’s…

More than one million tons of fruits are estimated to be produced in East Azerbaijan Province by the end of the current Iranian year (March 20, 2016), said the head of Agricultural Jihad…

A Jordanian economic mission was due in Iran Saturday afternoon, the Ministry of Foreign Affairs announced. The 20-member delegation mostly includes senior managers of major Jordanian companies…

Tabriz accounts for 60% of leather shoes and 90% of hand-made leather shoes made in Iran, according to the head of Tabriz Shoes and Handbag Union as saying. “Of 3,580 active manufacturing units in…

C entral Bank Governor Valiollah Seif is eying tourism industry as a source of foreign receipts, which could diminish the oil industry’s domineering role and help stabilize rial’s value.

…

The much-anticipated “currency bourse” will be launched soon by introducing foreign exchange futures.

Mortgage-backed securities continued to lose value this week, prompting an increase in demand for them. The downward trend of these securities took the markets by surprise considering their…