Economy

The Czech Republic government has considered opening a $100-million credit line to encourage trade with Iran, said Martin Tlapa, Czech deputy foreign minister, during a meeting with the Iranian…

The National Development Fund of Iran, the country's sovereign fund, announced that it plans to make investments in international money and financial markets "so that its assets can act as a…

A member of Tehran Chamber of Commerce, Industries, Mines and Agriculture has welcomed the rules easing travel for bank debtors, noting that executive bodies should understand the fact that the…

Bank accounts of all public organizations should be transferred from commercial banks to the Central Bank of Iran, a deputy minister of economy said.

The main component of the Central Bank of Iran’s grand plan to overhaul its financial oversight regime has been presented to the Money and Credit Council for final approval, an advisor to the…

Although Iran is set to hold two important elections, namely the presidential and city and village councils polls, in May, there will be no fluctuations in the housing market and the sector is…

Iranian Mines and Mining Industries Development and Renovation Organization has concluded the preliminary exploration of all 22 mineral zones it operates across the country, announced IMIDRO’s…

Iran has attracted about 53.5% of the $3.65 billion of investment required for realizing its crude steel capacity expansion goals by 2025.

The country aims to become the world’s sixth…

Much as the government’s painstaking efforts to renew Iran’s aging air fleet have grabbed the attention at home and beyond borders, critics continue to downplay the move.

The deals for 80 Boeing jets and 100 from Europe’s Airbus struck last year are seen by western investors as a crucial test, as they seek business in Iran in the wake of the nuclear deal that led…

Cooperatives account for 16.5% of Iran’s industrial units as well as 6.6% of all the jobs created in the industrial sector.

At present, close to 17,200 cooperatives are active in different…

A 30-member delegation from Iran, headed by Chairman of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari, attended a joint business forum in Prague, Czech Republic, on…

Exports by Iran’s small- and medium-sized enterprises during the nine months to December 20 amounted to $1.6 billion, according to the deputy head of Iran’s Small Industries and Industrial Parks…

Mobile calling app Viber is the latest tech company to offer help to those affected by President Donald Trump’s immigration and travel restrictions. 

The managing director of Iran’s largest mobile operator, Mobile Communications of Iran (MCI or Hamra-e-Avval), Mahdi Sadoghi, says Iran has 0.15% share of global mobile data usage but he ranking…

The University of Tehran is set to hold a three-day ‘startup weekend’ titled Entrepreneurship in Information Technology from February 1-3. According to the official website of the event, it will…

Mobinnet data center and TD-LTE Internet network was inaugurated in Tehran on January 29. 

Mobinnet is a semiprivate Iranian Internet service provider which also offers WiMAX broadband…

Sales and marketing departments of insurance companies have been unusually busy in recent days, as more people are referring to insurers to insure their properties against fire.

More than a year into the implementation of Iran’s nuclear accord and the lifting of international sanctions, the country is looking to expand its business ties with Italy after a number of…

The rial was quoted at 38,210 to the US dollar on Monday, gaining 0.79% against the greenback compared with Sunday’s close, according to Tehran Gold and Jewelry Union’s website. The average…

As part of a new presidential directive approved by the Cabinet, the Planning and Budget Organization of Iran has been permitted to clear a portion of the government's debts to the banking system…

The governor of the Central Bank of Iran has sent a letter to CEOs of all state-owned and private banks, notifying them of new regulations concerning foreign travel ban on bank debtors.

Sungun Copper Mine exported over $317 million worth of copper products during the nine months to December 21, accounting for about 19% of East Azarbaijan Province’s non-oil exports during the…

Of the 160-170 iron ore mines in Iran, only 20 are currently operational, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said. This indicates an 80% decline in the…

The bill approved by lawmakers making women eligible for receiving pension after 20 years of work, regardless of age, will impose expenses close to 50 trillion rials (approximately $1.3 billion)…