Economy

The government has repaid 10 trillion rials ($311 million) of its debts to the private sector through restructuring deals since April 2015, said Mehdi Banaei, director of Debt Management Division…

The US dollar is continuing its post-Trump rally in the Tehran market, further throwing into uncertainty Central Bank of Iran pledge to unify foreign exchange rates by March 2017. The greenback…

The government’s Social Housing scheme has begun in earnest and aims to cover as much as 70% of the rent for the vulnerable and low-income groups, says the deputy minister of roads and urban…

Iran has established correspondent relationships with 230 foreign banks since January following the implementation of the nuclear deal.

Tehran Stock Exchange’s main index shed 8.20 points or 0.01% to end Wednesday trade at 79,385.6.

More than 1.4 billion shares valued at $64.6 million changed hands for the day.

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Iran Mercantile Exchange, SMEs Investment Guarantee Fund and Iran Small Industries and Industrial Parks Organization have signed a memorandum of understanding to support the growth of small- and…

The 16th International Exhibition of Home Appliances opens at Tehran’s International Exhibition Center today and will run for four days.

Referring to the exhibition slogan of “Let’s Get to…

Iran has been chosen to host the 13th edition of Asia-Pacific meeting of the International Summit of Cooperatives in 2018, the deputy head of Iran Chamber of Cooperatives, Alireza Qaragozlou, said…

An advisor to agriculture minister said all soybean oil in Iran is imported from Argentina and Brazil and produced from seeds of genetically modified soybean plants.

Referring to the…

The Ministry of Industries, Mining and Trade has published statistics on the mining sector’s performance during the first half of the current Iranian year (started March 20).

Close to 365…

French IT company Atos SE has signed a memorandum of understanding with Iranian securities market authorities to upgrade trading software of Iranian exchanges.

Shapour Mohammadi, the head…

Iran’s Central Securities Depository announced it has joined the executive board of the Federation of European and Asian Stock Exchanges.

“CSDI plans to play a more active role in line with…

Publisher John Wiley and Sons have contracted Iran Financial Center to hold online preparation courses for professional international financial certificates. The three-year contract was signed…

The government is planning to buy some 20,000 tons of apples and 40,000 tons of oranges at guaranteed prices from local farmers to fill up its reserves for the Norouz (Iranian New Year) holidays,…

About 29,300 tons of eggs were exported during the seven months ending October 21, registering a decline of about 40% compared with last year’s corresponding period, the secretary-general of Iran’…

Italy’s industry minister has pledged to support business deals with Iran potentially worth billions of dollars, undeterred by fears US president-elect Donald Trump could put slowly thawing…

Iran exported 9.2 million tons of non-oil goods worth $3.2 billion to Turkey during the seven months ending October 21, registering a whopping 316% jump in value compared with last year’s…

The 12th session of Iran-Indonesia Economic Commission is due to convene in Jakarta today, says Iran’s Ambassador to Indonesia Valiollah Mohammadi Nasrabadi. Iran’s Minister of Communications and…

Iran’s textile industry is currently operating at 30% of its capacity due to the recession and lack of demand in the domestic market, the head of the Association of Iran Textile Industries said.…

West Africa’s Cote d’Ivoire has received 20 units of Iran Khodro’s Samand and Runnas in the past week, according to a report from Tehran. High-ranking officials from both countries took part in a…

Zamyad, a subsidiary of SAIPA, reported a 940% rise in its output compared to last year, according to a company release this week.

The company produced 47 pickup trucks during the first…

Since the signing of the historic Joint Comprehensive Plan of Action in November last year, the Islamic Republic’s automotive industry has begun to adapt to a more liberal playing field, at least…

Iran exported more than 66 tons of saffron worth $96.7 million during the seven months to October 21, registering a 15% and 14% increase in weight and value respectively compared with last year’s…

While the government’s debt to the central bank has soared significantly in the current fiscal year, head of the CBI Economic Department denied any move by the Rouhani administration that is…

Austria’s export credit agency, OeKB, will probably start covering trade with Iran from early 2017, said Christian Benger, the economy minister of the government of Carinthia. OeKB raised the cap…