Economy

Majlis Research Center has called for a pushback in the retirement age in Iran, which is lower than that in many other countries.

The average age of retirement in Iran stood at 49.9 years…

A deal between Iran and the Russian search engine Yandex is on the agenda, the Russian ambassador in Tehran announced.

Levan Jagarian also said that the deal will be finalized during the…

Currently, 64 data centers in Iran offer hosting services for local websites, the deputy minister of communications and information technology said earlier this week. Nasrollah Jahangard added…

A senior Austrian official said he was impressed by East Azarbaijan Province.

Josef Frohlich, the head of the Department of Innovation Systems at the Austrian Institute of Technology, and…

The gradual move toward unifying foreign exchange rates has started but the timeframe for its realization depends on a variety of factors, says the governor of the Central Bank of Iran.

The Bahar Azadi Gold Coin sold for 10.95 million rials ($343) Saturday in Tehran, marking 2.1% drop or 230,000 rials lower compared with Thursday’s close.  The benchmark coin had reached 11.…

Government debts to the banking sector jumped to 2.041 quadrillion rials ($64 billion) by the end of the sixth month of fiscal year (September 21), marking a 17.4% growth from the beginning of the…

With the majority of its nuclear-related economic sanctions lifted, companies around the world are making a beeline for Iran, which is music to the ears of global engineering, procurement and…

Census field officers have collected data from nearly 17.5 million or 70% of all Iranian households since the beginning of the door-to-door phase of the eighth National Population and Housing…

Iran exported more than 5,000 tons of non-oil goods worth $15 million to France during the seven months to October 21, registering a %52 jump in value compared with the similar period of a year…

Rice imports are banned in Iran every year from late June to late November to support local farmers and domestic production, Minister of Agriculture Mahmoud Hojjati said.

The Sixth International Exhibition of Agricultural, Organic, Health and Natural Products Technology, otherwise known as “Iran Agro Tech 2016”, is scheduled to be held at Tehran’s International…

Kish Airlines’ second medium-range Airbus 321 aircraft was delivered on Thursday, citing the carrier’s public relations. Kish Airlines’ first twin-engine narrow-body A321 was delivered about a…

Tehran Stock Exchange’s main index gained 599.10 points or 0.76% to end Saturday trade at 79,010.7.

The gain comes after TEDPIX nosedived 1.83% or 1,459 points after news broke that Donald…

The election of Donald Trump as US president has caused concern in Iran, with sellers in the Iranian steel market now pushing for price rises, despite stagnant domestic demand.

Bullish sentiment in the global raw material segment favors Iranian iron ore exports.

Additional support is coming from the Iranian government’s resolve to limit the export of raw…

Mobarakeh Steel Company’s new continuous casting machine was inaugurated by First Vice President Es’haq Jahangiri and the company’s managing director, Bahram Sobhani, last week in Isfahan Province…

More than 180,000 tons of gold ore were extracted from Zarshouran Gold Mine in the first half of the current Iranian year (started March 20), indicating a 64% jump compared to last year’s…

The Azerbaijan Republic may soon turn into a regional automotive hub, as interest from foreign car manufacturers continues to rise.

Being a favorable platform for major automakers, the…

Volvo, which is better known for its heavy-duty vehicles and buses, has exported 208 passenger vehicles during the first six months of the current Iranian year (started March 20).

According…

Iran Standards and Quality Inspection Company has released a new report on the quality of 41 locally-made cars and seven pickup trucks.

According to this month’s report, for the first time…

Ninety percent of cars in the capital have obtained quality inspection documents, while only 10% have not yet referred to the centers for the annual auto check, the head of Tehran’s Vehicle…

A large part of the non-performing loans in the banking system constitutes "doubtful debts", says a Tehran deputy prosecutor general.

The director of the Export Guarantee Fund of Iran (EGFI) says exit from recession also is subject to fresh capital inflows into the economy.

Bank Melli Iran is ready to introduce intelligent plastic banknotes in line with plans to promote usage of innovative technology in the banking sector, said Reza Mansouri, managing director of BMI…