Economy

The 2016 edition of Kish Invex exhibition kicked off its first two days with a special focus on Iran's reintegration into the world economy with a number of high-ranking Iranian officials…

Wire rods and structural quotes went up due to the uptrend in the global market while poor demand for rebar in Iran did not let prices increase to the same extent.

Billet sales were also…

Iran’s largest industrial complex plans to increase its annual steel production capacity to 10.3 million tons by the end of the current fiscal year (March 20, 2017), says Bahram Sobhani, managing…

Shares on Tehran Stock Exchange fell on Tuesday, ending the five-week rally that brought the market to a 6-1/2-month high on Saturday. The Iran Fara Bourse took its own course and hit a two-year…

Companies listed on Tehran Stock Exchange raised 9 trillion rials ($248 million at market exchange rate) in the seven months ending October 21 through stock splits, retained earnings and other…

The Central Securities Depository of Iran issued 26,176 trading codes in the Iranian month ending October 21 for investors, bringing the total number of securities trading codes issued to 9,027,…

Tehran Stock Exchange’s main index shed 604.50 points or 0.75% to end Tuesday trade at 79,659.2.

More than 729 million shares valued at $55.9 million changed hands for the day.

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The Fourth International Mines and Mining Industries Congress and the Sixth Iranian Mining Engineering Conference will be held simultaneously in Tehran on November 7-9.

The eighth meeting of Iran-Russia Comprehensive Transport Committee concludes in Tehran on Wednesday. During the three-day event, transport executives and officials from the two countries…

The wheat planting season began in mid September and from the 5.75 million hectares of land designated this year for wheat farming, so far 2.64 million hectares have gone under the cultivation of…

After a year of disappointment, European businesses are hoping a victory for Hillary Clinton in the US election next week may help break the logjam that has prevented large-scale western…

Iran has signed a €104 million contract with a German company for the development of Shahid Rajaei Port in the southern Hormozgan Province, deputy minister of roads and urban development, Mohammad…

Iran exported 4.2 million tons of non-oil goods worth $2.1 billion to South Korea during the first half of the current Iranian year (started March 20). The export value for last year’s…

More than 62 million square meters of tiles and ceramics worth over $169.7 million were exported during the first half of the current fiscal year (started March 20), according to the Ministry of…

Samsung Electronics has not yet decided the mode of disposing all Galaxy Note 7s in an attempt to put an end to the disaster of the phone’s release.

“Because Galaxy Note 7 is a smartphone…

Children using devices such as smartphones and tablets at bedtime have over double the risk of a disrupted night’s sleep compared to children without access to such devices, according to a new…

The national, cultural and artistic festival called “Iran-Sakht” (Made in Iran) will be held from January 5-7 in Tehran.

Parviz Karimi, secretary of the festival, said the event aims to…

The latest edition of Iran’s International Exhibition of Electronics, Computer and E-Commerce (ELECOMP) will be held from December 15 to 18 at Tehran’s International Fairground. Nasser Ali Sa’adat…

The Central Bank of Iran is currently reviewing two applications for the establishment of “savings and loan associations”, said Mohammad Hashem Botshekan, CEO of Bank Maskan, without providing…

President Hassan Rouhani has officially ordered the implementation of amendments to the Budget Law of 2016-17 to pave the way for the clearance of government debts to public-sector banks.

The current lending rates are not favorable to manufacturers and the Central Bank of Iran is working to ensure the rates move on a downward trajectory, says CBI’s deputy for supervisory affairs.…

Christophe Rosenberg, an advisor of IMF’s Communications Department, discussed the fund’s policies during a conference held in the Central Bank of Iran's headquarters in Tehran on Monday.

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Tehran Stock Exchange’s main index lost 75.52 points or 0.09% to end Monday trade at 80,263.7.

More than 865.7 million shares valued at $83.2 million changed hands for the day.

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Iran is an energy giant on a global scale. Just in terms of natural gas resources, conventional estimates by the Shell and BP have indicated that given the current rate of production, Iran will…

Tehran Stock Exchange is going through tough times.

With industries in recession and weak commodity prices, the market is bearish and trading a scarcity. Even bringing debt securities into…