Economy

Central Insurance of Iran Saturday announced that insurance firms will  issue personal auto policies through a central online platform, in line with plans to minimize illegal operation of…

The drought-hit pistachio farms in Kerman Province are dying at a rapid pace.

Until recently, the southern province accounted for 70% of Iran’s pistachio production, but the farms are on…

Fiera Rome Exhibition Center is scheduled to host an event dubbed “Iran Country Presentation” from November 22 to 26, in which more than 100 Iranian companies will introduce investment…

Iran exported more than 64,200 tons of non-oil goods worth $21.4 million to South Africa during the first half of the current Iranian year (started March 20), registering a 93% hike compared with…

Minister of Roads and Urban Development Abbas Akhoundi met Turkish Minister of Economy Nihat Zeybekci in Tehran late Saturday.

The transit truck traffic congestion at Iran-Turkey border and…

Data from more than 13.6 million people or 53% 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…

More foreign investors are getting permits to trade Iranian securities since the removal of nuclear sanctions against Tehran in January. “Currently, 710 foreign entities are trading in Iranian…

Export tariffs will be imposed on unprocessed iron ore shipments as of the next Iranian fiscal year (to start March 20, 2017), announced deputy minister of industries, mining and trade, Jafar…

A new Bloomberg report takes a closer look at the staggering success of Chinese outbound M&A activity in 2016.

As the year comes to a close, Chinese companies have made…

Tehran Stock Exchange’s main index lost 116.00 points or 0.15% to end Sunday trade at 79,137.5.

More than 565 million shares valued at $39.4 million changed hands for the day.

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The first international and specialized exhibition of meat and related industries known as Meatex opened in Tehran’s International Fairground on Saturday.

Researchers at Tehran’s Sharif University of Technology won the top prize in the innovations competition at the Eighth International Conference on Social Robotics in the US.

Samsung Electronics said on Sunday it will offer an artificial intelligence assistant service in the upcoming flagship smartphone, as the South Korean firm seeks recovery from its global…

The finer details of smart cities have been highlighted by the deputy minister of communications and information technology at a local conference held in Tehran this past week.

A new price comparison website called Kalagard (surf goods) has gone online, to add to the already burgeoning pricing websites available in Iran. Users on the website can check the lowest price…

Seven housing schemes for distressed urban areas have been proposed by the Ministry of Roads and Urban Development in a joint initiative by the government, private sector and the public, deputy…

A trade delegation from Italy's Lombardy region is scheduled to arrive in Tehran on November 12.

According to the IMF, Iran’s GDP is projected to go up 5% this year and next and may reach 8% by 2022. To make this happen the country needs $230 billion in domestic and foreign investments.

The government favors plans for selling residential units in installments as it helps boost the market without direct government involvement in the construction process.

Iran's nuclear deal with world powers has provided a big boost to its international trade and economy as a whole, says a deputy economy minister.

"There has been good progress in…

Officials from the Central Bank of Iran and the judiciary have discussed the state of cyber security in financial markets.

Davoud Mohammad Beigi, director of CBI’s department for payment…

Bananas could be imported at a low tariff rate of 5%, provided raisins are exported in return, based on a regulation ratified by the Cabinet’s Wednesday meeting.

Export subsidy was…

Tehran Stock Exchange’s main index shed 417.40 points or 0.52% to end Saturday trade at 79,253.5.

More than 626 million shares valued at $48 million changed hands for the day.

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To streamline regulations and cut operating costs of tourism facilities, a government directive approved last year has gone into effect, reducing tariffs for assessment of tourism facilities.

Oil was the main driver of economic growth in the first half of the current Iranian year (started March 20), but economic researcher Hamid Azarmand believes its direct impact will wear off as we…