Economy

Iran agreed on Tuesday to restructure Cuba’s debts to its export credit agency as part of a deal struck during a visit by President Hassan Rouhani to the Latin American country.

The…

A delegation of the Tehran Chamber of Commerce, Industries, Mines and Agriculture will visit Taiwan later this month to explore trade opportunities with Taiwanese companies, the Taiwan External…

At the CAPA Iran Aviation Finance Summit at Tehran’s Imam Khomeini International Airport where Minister for Roads and Urban Development Abbas Akhoundi announced that the government would invest…

Iran’s non-oil exports to the European Union stood at about $643.5 million in the first five months of the current Iranian year (started March 20), registering a 21% increase compared with last…

The Economy Ministry has forecast an 8.7% inflation rate for the Iranian month ending September 21 and 8.9% for the second quarter of the current Iranian year (started June 21).

Iran’s…

Iran has reduced the number of airplanes it plans to buy from Airbus by six amid delays in US regulatory approvals and may knock one plane off a similar deal for more than 100 with Boeing, an…

Tehran Stock Exchange’s main index gained 105.87 points or 0.14% to end Monday trade at 76,272.60.

More than 1.2 billion shares valued at $81 million changed hands for the day.

Pars…

Short-term government bond yields have dropped by over a fifth since last year.

The newly issued Islamic Treasury Bills are following the decline in bank interest rates. In fact, declining…

A number of European banks are ready to cooperate with Iran following the relaxation of sanctions and the country’s gradual integration into the international community.

A new flight was launched between the port city of Aktau in Kazakhstan’s Caspian region of Mangystau and the city of Gorgan in Iran’s northern Golestan Province on Tuesday. The direct route will…

Iranian steel mills produced more than 11.4 million tons of crude steel during the eight months of 2016, which indicate a 5.1% rise compared with last year’s corresponding period, according to a…

Norway-based technology company Opera Software has launched a free and unlimited virtual private network feature as part of its main desktop browser.

Indonesia has launched an investigation into Google, following allegations that the company refused to cooperate with tax officials.  The US-based company faces a bill of over $400 million if…

Iran's Ports and Maritime Organization announced that the maritime radio system used on Kharg Island have been updated to comply with international standards.

Deep space travel could take a number of years to reach a distant destination and humans simply are not made for that type of travel. However, aerospace company SpaceWorks, with funding from the…

Telecommunications Company of Iran will unveil five services in the upcoming Iran Telecom 2016 fair.

Mohammad Reza Bidkhah, a spokesman of TCI, also said voice message, VDSL2, public Wi-Fi…

Iran is collaborating with Switzerland for the construction of a dry port on the outskirts of Tehran.

Saudi Arabian stocks declined the most in the Persian Gulf as the country’s equities traded for the first time in a week, tracking a selloff across developing nations as investors weigh the…

British banks are in talks with the US agency that is charged with planning and execution of economic and trade sanctions in order to facilitate the reestablishment of links with their Iranian…

Leasing companies have called on the Central Bank of Iran to stop setting fixed rates for lease contracts, claiming that the rate caps have been causing them considerable losses.

Hadi Moqei…

Premium earned last year by the insurance industry rose 14%, a trend that persisted through the first five months of the current fiscal that started in March, and climbed further to reach 20%,…

Bank Sepah is prepared to finance 1,200 housing units in distressed urban areas. The lender will provide 1,000 applicants with loans for reconstruction of their old home, and 200 applicants with…

Russian tariffs have increased the price of Iran’s citrus exports by 20%, intensifying the competition in the neighboring country’s lucrative market, says the head of Mazandaran Chamber of…

There are more than 77,000 incomplete development projects across the country, the completion of which requires 4-5 quadrillion rials ($112-140 billion at market exchange rates).

Fourteen cooperatives will soon be listed on the Iran Fara Bourse over-the-counter market, an official with the Ministry of Cooperatives, Labor and Social Welfare said.

Alireza Nateqi added…