Economy

Telecommunications Company of Iran is to seal a mega-merger with Iran’s oldest mobile phone firm, Mobile Telecommunications Company of Iran (MCI), for creating Iran’s biggest…

Members of the National Center of Cyberspace discussed solutions for protecting children online.

Iran’s cyberspace is generally safe for children, considering many obscene websites are…

Sweden’s Minister of Housing and Digital Development Peter Eriksson expressed his country’s interest in having a more active presence in Iran’s information and communications technology market in…

The 17th International Exhibition of Telecommunications, known as “Iran Telecom 2016”, will be held at Tehran’s Permanent Fairground from Sept. 25-28. Many Iranian telecom firms from both the…

Despite hopes of a new dawn for Iran's economy after nuclear-related sanctions were lifted, major western banks are reluctant to do business with the country for fear of US retribution.

The average lending rate in the interbank market stood at 18.7% from March 20 to September 11, the Central Bank of Iran said Wednesday. “The interbank rate varied between 17–22% during the five…

Iran will remain the world’s biggest producer of pistachios during the 2016-17 crop year, as production in the United States is estimated to decline, which will drag down global production…

Iran exported more than 98,400 tons of non-oil commodities worth $34.1 million to Jordan during the first four months of the current Iranian year (started March 20), registering a 52% decline…

Deputy Minister of Roads and Urban Development Davoud Keshavarzian met with Bulgarian Minister of Transport, Information Technology and Communications Ivaylo Moskovski in Sofia to discuss a new…

Agricultural exports in the first five months of the current Iranian year (started March 20) stood at 2.08 million tons worth $1.94 billion, registering a 12% rise compared with the corresponding…

Iran exported some 300,000 tons of dairy products during the first five months of the current Iranian year (started March 20), said Deputy Agriculture Minister Hassan Rokni on Wednesday. “The…

The 15th edition of Iran’s International Confectionery Fair concludes in Tehran today after it opened on Tuesday.

The event attracted more than 360 Iranian and 85 foreign companies from…

The government started the three-day offering of Salaf contracts for wheat for the first time Wednesday on Iran Mercantile Exchange to finance its wheat purchase from farmers this year.

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Some 300 tons of contraband worth 120 billion rials ($3.3 million at market exchange rates) were destroyed in several provinces across the country on Wednesday. The illegally imported goods…

In response to criticism about the existence of 50 million problematic bank accounts, Governor of the Central Bank of Iran Valiollah Seif Seif said a total of 447 million accounts exist, 439…

A court last week gave the go-ahead for the import of cars with engines larger than 2.5 liters held up at the customs on the grounds that they had entered the country before the government had…

Iran Standards and Quality Inspection Company, Iran's Test and Research Auto Company and France's UTAC CERAM signed an agreement on September 11 to cooperate on testing and inspecting the quality…

Opel has announced that its upcoming Ampera-e battery-powered car will eliminate the need for pulling over and charging your car, as it can travel more than 400 km on one single charge, according…

Representatives from 43 Iranian and 50 Russian companies active in the fields of commerce and food production are scheduled to meet today in Moscow to discuss expansion of bilateral cooperation,…

Bank Melli Iran is planning to offer foreign visitors prepaid cards connected to Shetab– the domestic interbank transaction network– allowing them to make their payments in local currency during…

Amid feverish debate surrounding Iran’s future relationship with the Financial Action Task Force (FATF), more government officials and private sector leaders are speaking strongly in favor of Iran…

The Export Development Bank of Iran has opened credit lines for subsidiaries of Bank Melli Iran in Russia and Bank Mellat’s subsidiary in Armenia worth $15 million. Ali Saleh Abadi, the CEO of…

In a sign of progress towards a free trade agreement between Iran and Pakistan, Iranian authorities have approved the initial draft shared by Pakistan and returned it with their input, paving the…

Political power follows economic power. The statement seems to be the very essence of an opinion piece published by Iranian economist Saeed Leylaz on the website of Tehran Chamber of Commerce,…