Economy

Officials from the Central Insurance company of Iran will visit Germany next month for talks with major German and British insurance firms. Abdolnasser Hemmati, head of the CII, said attracting…

Zeno of Elea was an Ancient Greek philosopher most famous for his four paradoxes on the relationship between space and time.

Each Iranian household earned over 9.49 million rials ($259 at market exchange rate) on average from selling secondhand belongings in the last Iranian year (March 2015-16), which indicates a 10.9…

There was a fall in the number of international flights passing through Iran’s airspace over the past month, according to CEO of Iran Airports Company, Rahmatollah Mahabadi. “The number of the…

Exports of farmed caviar are estimated to reach 1,000 kilograms by the end of the current Iranian year (started March 20), the head of Iran Fisheries Organization, Hassan Salehi, said.

Last…

The 13th meeting of Iran-Russia Economic Commission has been scheduled for December 13 in Tehran.

The meeting will be co-chaired by Iran’s Minister of Communications and Information…

Heading a 30-member economic delegation, Iran’s Foreign Minister Mohammad Javad Zarif arrived in Prague on the last leg of his tour of Eastern Europe on Thursday night. On Friday, Zarif met with…

Iranian investments in Azerbaijan’s economy amounted to almost $1.2 billion, $145 million of which were invested in the country’s non-oil sector, the head of Azerbaijan Export and Investments…

The first edition of IRANIMEX, powered by Europort was held last month on Iran’s Kish Island.

The exhibition hosted 300 exhibitors from 22 countries who showcased their products and…

Iran exported more than 23,000 tons of non-oil goods worth $152 million to Germany during the seven months ending October 21, registering a 1.5% decline in value compared with last year’s…

South Korean President Park Geun-hye’s historic state visit to Iran back in May, which Cheong Wa Dae (the executive office and official residence of the president of South Korea, located in the…

Container traffic through Iran’s major ports is soaring.

Container throughput continued the strong double-digit growth of recent months, booking a year-on-year rise of 16.7% to more than…

Tehran Stock Exchange’s benchmark index shed 1,259 points or 1.6% during the trading week that ended on November 9 to close at 78,411.

TSE trading begins on Saturday and ends on Wednesday…

Gold reserves have been discovered in the southeastern Sistan-Baluchestan Province, says Ali Asgharzadeh, the head of Mineral Explorations Department at Iranian Mines and Mining Industries…

Following the signing of a memorandum of understanding on November 9, Sharif University of Technology became a strategic partner of the Telecommunications Company of Iran.

A group of students at Tehran’s Kharazmi University have built and successfully tested a quadcopter with the help of instructors.

A quadrotor helicopter or quadrotor is a multirotor…

Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual “Singles Day” sales blitz on Friday—a third more than in…

Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan, a government-backed fund and the display maker’s…

Representatives from four New Zealand banks have expressed interest in expanding ties with Iran, during a meeting Wednesday with Ebrahim Rahimpour, deputy foreign minister for Asia-Pacific affairs…

Should banks that offer interest rates higher than those officially set by the regulator refrain from heeding warnings by the Central Bank of Iran, they should await serious disciplinary action,…

It is the market rather than the Central Bank of Iran that sets foreign currency rates, says the CBI deputy for economic affairs.

“Stability in the forex exchange market is one of the…

Foreign exchange rates and gold coin prices surged on Wednesday following Donald Trump’s surprise victory in the US presidential election.

US dollar was traded for 36,580 rials in Tehran at…

There are two types of people who have not repaid their debts to banks but only one type must be dealt with firmly to make them pay, says the first vice president.”There are two types of people…

Zinc Industry Development Commercial Company sold over 36,000 tons of zinc ingots during the first half of the current Iranian year (started March 20), over 80% of which were exported, according…

Two years ago, the number and value of fixed-income instruments in Iran’s capital market were so low that market makers could easily memorize the names and all they had to do was to manually…