Economy

Iran exported 4.6 million tons of non-oil goods worth $2.2 billion to South Korea during the seven months to October 21. The export value during last year's corresponding period stood at only $59.…

The Islamic Republic of Iran Customs Administration announced that all customs procedures for exports are now being carried out electronically. Following the implementation of the so-called Single…

Data from nearly 19.5 million or 81% of households have been collected from across the country by field officers since the beginning of the door-to-door phase of the eighth National Population and…

Seven provinces, namely Markazi Province (6.7%), West Azarbaijan (7.5%), Hamedan (8%), Semnan (8.1%), Zanjan (8.2%), North Khorasan (9.7%) and Gilan (9.9%), registered single-digit unemployment…

Iran’s Economy Minister Ali Tayyebnia left Tehran for Brasilia on Tuesday to attend a meeting of Brazil-Iran Economic Commission after a gap of two decades. He is also scheduled to meet Brazilian…

The joint Majlis commission for reviewing the sixth economic development plan (2016-2021) has passed a measure allowing the Central Bank of Iran to exercise its supervisory and disciplinary…

Axco Insurance Information Services (Axco) has released its latest country report on Iran, highlighting hesitancy from international brokers and reinsurers, despite the country offering vast…

The government has managed to lower the amount of non-performing loans of banks from 15% three years ago to 11%t, says Valiollah Seif, the governor of the Central Bank of Iran. The volume is…

Iranian banks must commit to increasing their capital and reaching a capital adequacy ratio of at least 8%, says a deputy economy minister.

"A minimum capital adequacy of 8% and reaching a…

Tehran Stock Exchange’s main index shed 105.30 points or 0.13% to end Tuesday trade at 79,236.2.

More than 1.2 billion shares valued at $78 million changed hands for the day.

Niroo…

Trump’s triumph is sending shockwaves through the foreign policy community, particularly among supporters of the Iran nuclear deal. Reuters has already reported that Trump’s election puts the Iran…

Yum! is the only foreign trademark registered in Iran in the fast food sector, says the legal director of Z.K.D. Corporation, the representative of the American brand in Iran.

“Burger Sun…

The Iranian government is on a fast track to tackle the issue of unprocessed mineral exports.

Various mineral processing plants are being established in rapid succession to create further…

Tehran Stock Exchange’s board of directors has got a new chairman and vice chairman. Representatives of majority shareholders in the company also extended Chief Executive Hassan Qalibaf-Asl’s term…

Financial Tribune’s parent company Donya-e-Eqtesad Media Group, and China’s Guangzhou Daily Group signed a memorandum of understanding on Monday in Tehran, allowing each side access to the other’s…

Central Bank of Iran has required banks to safeguard the confidentiality of their customers’ information, unless for cases involving a judicial order. Valiollah Seif, the CBI governor, write this…

Point-to-point inflation will again jump to double digits before the current  fiscal year is out (March 2017) but is no cause for concern, says the research director of the Monetary and…

Following the imposition of financial sanctions in 2012 by the US for its nuclear program, it was almost impossible for the west to do any business with Iran. Those sanctions were lifted earlier…

A little less than a year has passed since the lifting of the nuclear-related sanctions on Iran. Many were expecting an immediate lift in markets with the removal of the economic sanctions,…

The government plans to slap duties on unprocessed iron ore exports as of the next Iranian year (to start March 20, 2017). This is while the industry players contend that exports are their last…

Tehran Stock Exchange’s main index gained 293.00 points or 0.37% to end Monday trade at 79,314.5.

More than 898 million shares valued at $65.1 million changed hands for the day.

…

The Pakistan government has announced its decision to lease Pakistan Steel Mills to a Chinese or Iranian company amid the absence of an investor needed to complete the privatization. Privatization…

Primary aluminum ingots originating from Iran are still on offer in the Turkish market below the prevailing market price.

Ghadir Investment Company is aggressively expanding its operations and size in capitalizing on the lifting of sanctions against Iran.

By raising capital and investing heavily in multiple…

As much as it sounds flashy, it is real. Germany is willing to connect with Iran in achieving the marriage of technology and industry, otherwise known as “Industry 4.0” or the fourth industrial…