Economy

Mohammad Khodakarami has been appointed as the head of the Civil Aviation Organization by the Minister of Roads and Urban Development Abbas Akhoundi. Khodakarami, who has been serving as deputy…

Sales of digital items gadgets have hit a record low, even as prices fall, said Mehdi Mirmehdi, head of Iran’s IT Union, earlier this week.

“The plunge in prices has forced several in the…

Three years ago, Apple announced it had made 73% of all profits in the smartphone sector, despite just having 9% of global handset sales. But these days, Apple’s profits have soared to new heights…

Industry sources have revealed some of Google’s plans for the future of Android Wear.

Version 5.1.1 of the wearable OS came out fairly recently and brought about quite a few new gestures…

Risk aversion prevailed as Iranian investors cashed out of risky assets and moved toward the haven of foreign exchange and gold on Wednesday.

Iran and the six powers reached a historic deal on Tuesday after 20 months of negotiations to settle a 12-year dispute over Tehran’s nuclear energy program. Almost everyone in Tehran hopes…

With a nuclear deal between Iran and the major world powers finally done, the question that looms largest is how domestic industries, including the banking sector, will fare. Banking will be…

Governor of the Central Bank of Iran Valiollah Seif acclaimed the launch of ‘’Electronic Customs System’’ designed by the Islamic Republic of Iran Customs Administration, a move he hopes will end…

Spatial planning systems are lacking in the agriculture sector, says the former chairman of Agriculture Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture.  “Farmers…

In an inspection of a contraband goods warehouse in Tehran, the provincial governor general demanded immediate categorization and sale of the confiscated commodities. “About $25 billion worth of…

Small- and medium-sized enterprises account for 45% of jobs and 92% of industrial activities in Iran, according to the deputy head of Iran Confederation of Knowledge-Based Association. “Thanks…

The Industrial Production Index reached 192.6 in the first quarter of the current Iranian year (started March 21), registering a 2.7% growth compared to the last quarter and 0.3% increase compared…

Non-oil exports from Shahid Bahonar Port in Hormozgan Province grew 35% to 324,132 tons in the first three months of the current Iranian year (March 21-June 21) over the similar period of…

India’s urea imports from Iran jumped more than ninefold to 572,000 tons in the first quarter of 2015.

India had imported a mere 61,000 tons of the fertilizer from Iran in the similar…

Iran Mercantile Exchange featured more than 239,000 tons of commodities offered on both spot and secondary markets on Wednesday trading.

More than 1.432 million tons of steel billet were produced in the third month of the current Iranian year (May 22-June 21), indicating a 1.6% growth over the similar period of the previous year.…

Iran Fara Bourse’s main index IFX shed 8.12 points or 0.99% on Wednesday to stand at 811.14. As IFB reported, more than 591 million securities changed hands valued at $47.2 million. Marjan Kar…

Securities & Exchange Organization of Iran hosted a high-level conference with representatives of almost every listed company on May 20 to introduce a brand-new procedure to publish financial…

Despite Tuesday’s landmark nuclear agreement between Iran and world powers, erratic behavior at Tehran Stock Exchange is worrying retail investors just as most institutional investors are snapping…

In the aftermath of the historic nuclear deal between Iran and world powers, investors are starting to place bets on which companies look best-set to profit from an end to sanctions.

Rayen Automotive Company will be presenting three new models in the Iranian market over the next month.

Omid Reza Taleshian, spokesperson of the company, also said, "For a year, we have…

Proper maintenance of cars through regular technical inspections will not only reduce harmful emissions, but can also improve vehicle performance, extending the life of the vehicle and…

More than 100,000 vehicles were produced in Iran over a 30-day period ending June 21.

Recent statistics released by the Ministry of Industries, Mining and Trade indicate that 100,355…

The Central Bank of Iran has established a ‘’Deposit Guarantee Fund’’ to beef up its regulatory watch over monetary and banking operations, said the fund’s executive officer Mohammad Talebi.

The twofold surge in commercial banks’ debt to the Central Bank of Iran within the last two months prompted the vice governor for economic affairs at the Central Bank of Iran to comment on the…