Economy

Tehran Stock Exchange’s main index inched up 127.30 points or 0.16% to end Wednesday trade at 80,250.

More than 753 million shares valued at $25.6 million changed hands for the day.

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Negin Khodro has announced the price for the new Renault Koleos large SUV in the local market at 2 billion rials ($50,000), according to Asre Khodro. The updated Koleos model, which replaces the…

Geely’s Volvo cars said it had raised 5 billion Swedish crowns ($532 million) in a step toward a listing of the company.

A group of Swedish institutional investors had bought newly-issued…

The seventh Kerman Auto Show will be held from December 27-30 in the southeastern province with the same name.

The four-day event will be held at Kerman International Fairground, carnet.ir…

The US dollar on Tuesday was exchanged for 39,700 rials in Tehran's market, coming closest to the 40,000 rials in recent history, according to the Association of Bureaux de Change Operators…

Iran exported 1,700 tons of non-oil goods valued at $7.7 million to Austria during the eight months to November 20, which indicates a 12% decline in value compared to last year’s corresponding…

The government’s tax revenues have grown by 25% in the first eight months of the current Iranian year (started March 20) compared with last year’s corresponding period, the head of National Tax…

The 13th International Exhibition of Advertising, Marketing and Related Industries will be held at Tehran’s International Exhibition Center on January 4-7.

The new members of Iranian National Committee of the International Chamber of Commerce were elected on Tuesday.

Iran's Ports and Maritime Organization signed 60 contracts worth 36 trillion rials (about $923 million at market exchange rate) with private sector companies on Monday.

Bank Melli Iran’s subsidiary in UK, Melli Bank Plc., has recently connected to Target 2, the European interbank payment network, said director of BMI’s Department for International and…

The International Monetary Fund, in its latest assessment of Iran’s economy, has forecast a decent growth rate for the country both for 2016 and 2017.

The report was released on Monday as…

The current rate of the US dollar in the Iranian market varies greatly from the rate predicted in the annual budget and the discrepancy must be managed by the government, says the head of Majlis…

Indian exporters have written to the Reserve Bank of India to expedite clearances for Iranian banks that have applied to open branches in India.

Tehran Stock Exchange’s main index lost 290.40 points or 0.36% to end Tuesday trade at 80,122.7.

More than 1.2 billion shares valued at $52.5 million changed hands for the day.

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Iran Mercantile Exchange is scheduled to feature wheat exports for the first time next week. Over 14 million tons of wheat were produced during the eight months to November 20, more than 11.5…

Over 16.4 million tons of crude steel were produced by Iranian steel mills in the 11 months of 2016, registering an 11% growth year-on-year, according to a preliminary report exclusively sent by…

Since Mobarakeh Steel Company was founded in the early 90s, it has produced 90 million tons of steel products, 82% of which have been supplied to the domestic market, according to the company’s…

Despite Ireland having access to the Iranian beef market since 2013, Irish Minister for Agriculture Michael Creed has said that no beef exports have taken place due to current unfavorable trading…

The International Migrants Day was marked on Sunday. Migration Policy Institute once called Iran a unique country since it has experienced simultaneous emigration and immigration to extreme…

SoftBank Group Corp has agreed to invest $1 billion in US satellite venture OneWeb Ltd, marking the first tranche of a $50 billion US investment the Japanese telecoms and technology company’s…

The world’s largest digital survey of the visible Universe, mapping billions of stars and galaxies, has been publicly released to the general public.

Italy and Iran have agreed to cooperate in the field of biotechnology research, Mehr News Agency reported on Monday. The agreement follows a meeting in Tehran on 'Technological Innovation…

Internet bandwidth in Iran is set to increase from four to 100 terabytes per second in the next five years, said the deputy minister of communications and information, Barat Qanbari, at a recent…

Iranian government has proposed the allocation of 4.7 trillion rials ($145.8 million) for upgrading informal settlements on the outskirts of urban areas in the annual budget for 2017-18, said…