Economy

Munich Re, the world’s top reinsurance company, is prepared to offer reinsurance coverage for life insurance and non-life insurance categories to Iranian firms.

The recent €50 million cut in the minimum capital requirement to set up a bank in the free trade zones has prompted foreign investors to accept conditions set by the Central Bank of Iran and…

The US dollar bought 37,020 rials on Tuesday, jumping by 0.5% or 200 rials compared with yesterday’s close, according to Tehran Gold and Jewelry Union’s website. Central Bank of Iran’s Sana system…

Air pollution and schools’ shutdown and gray cities—the same themes run through the second half of each year (October-March) in Iran.

The Football Federation of Iran has received a fraction of its blocked money at the Federation Internationale de Football Association.

The FIFA fund was awarded to teams that reached World…

Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh arrived in Italy on Tuesday to attend the opening of Iran’s exclusive exhibition dubbed “Iran Country…

Heading a 50-strong commercial delegation, Slovenian President Borut Pahor arrived in Tehran on Tuesday morning and was officially greeted by Iranian President Hassan Rouhani.

In the…

The average goods and services Consumer Price Index for urban areas increased 7.5% in the 12-month period ending November 20, which marks the end of the Iranian month of Aban, compared with last…

New Zealand’s Minister of Trade Todd McClay, heading a delegation comprising representatives from 17 private sector companies, is scheduled to visit Tehran next week to meet with high-ranking…

The website for online census registration will be reopened from 8 a.m. Wednesday until 12 a.m. Thursday for Iranian households that were not responsive to census officers and are considered…

More than 1.6 million tons of mineral products valued at $190.4 million were exported from Hormozgan Province during the seven months to October 21, registering a 87% and 37% growth in volume and…

Tehran Stock Exchange is testing the idea of creating foreign currency-denominated bonds, says Rouhollah Hosseini-Moqaddam.

Over 14.8 million tons of crude steel were produced in Iran during the 10 months of 2016, registering a 9.6% increase year-on-year, the latest report released by World Steel Association shows.

Tehran Stock Exchange’s main index gained 75 points or 0.09% to end Tuesday trade at 79,393.9.

More than 644 million shares valued at $49.9 million changed hands for the day.

Iran…

The offer to sell a 17% equity stake in Iran’s Esfahan Steel Company attracted no bids by the Nov. 16 deadline, the Iranian Privatization Organization said in a statement.

It is the second…

Out of 1.4 million tons of vegetable oils imported to Iran annually, close to 760,000 tons are palm oil, according to a member of the Majlis Agriculture Commission, Abbas Papeyzadeh.

Palm…

A local ride-hailing service called TAP30 announced on Monday that users can now use a “robot” on messaging application Telegram to summon a ride, which marks the first such use of AI in the field…

Instagram has rolled out many new features this year and the latest features include live video and vanishing message—watch out Snapchat et al.

The new features, which are part of Instagram…

Brazil and Iran have developed a joint agenda for research and development in technology parks, nanotechnology and biotechnology to leverage synergies between the two countries, according to a…

An Iraqi delegation from the University of Babylon visited Tehran’s Amirkabir University of Technology to discuss the establishment of new research centers among other topics. Ahmad Shoushtari,…

Iran’s Minister of Communications and Information Technology Mahmoud Vaezi met with French Ambassador to Iran Francois Senemaud on November 17.

In the meeting, Vaezi called for accelerating…

A satellite built by Iran’s University of Science and Technology has been delivered to Iranian Space Agency and is ready for takeoff.

Mohammad Ali Barkhordari, the university’s rector,…

The mechanisms of economic development in Iran are not focused on reduction of air pollution.

That is the primary complaint of an editorial authored by business journalist, Ali Farahbakhsh…

A drug maker and an oil company, slated to go public this month (the Iranian month that started on Nov. 21), will be the vanguard of 37 listings planned by Tehran Stock Exchange for the next six…

Tehran Stock Exchange’s main index gained 40.40 points or 0.05% to end Monday trade at 79,319.0.

More than 431 million shares valued at $29.6 million changed hands for the day.

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