Economy

The prices of imported vehicles have increased in excess of $1,000 in the last few weeks, according to reports from several news agencies in the country.

This was a result of new government…

Genesis, Hyundai Motor Group’s luxury brand, will open its first dedicated showroom this week just outside the South Korean capital of Seoul.

Set in a newly constructed shopping complex in…

The government has bought 11.3 million tons of wheat worth 144 trillion rials ($4.04 billion) from local farmers since the beginning of the harvest season in late March, which is 1.3 million tons…

The lifting of sanctions against Iran in January this year was supposed to open new trade avenues for countries across the world — especially Iran’s neighboring countries, including Pakistan. But…

Tehran Stock Exchange’s main index lost 237.60 points or 0.31% to end Sunday trade at 76,509.4.

More than 1.8 billion shares valued at $90.6 million changed hands for the day.

Sahand…

Equities sank on Sunday in both of Tehran's exchange markets as the bearish mood among traders persisted.

Foreign interest in Iran’s stock market has risen sharply since the implementation of the nuclear deal a year ago.

Although there were no legal barriers for foreign investment in Tehran’s…

The Central Bank of Russia sees no obstacle to using local currencies in its dealings with Iranian banks, the bank’s deputy governor said.

“It is always possible to open new bank branches…

Central Bank of Iran Governor Valiollah Seif appointed Amir Shokri as director general on CBI’s Board of Executives. Formerly, Shokri was the head of CBI’s money issuance and circulation office,…

Bank Sepah’s first blind-friendly branch started operating on Sunday. The branch, located in downtown Tehran, offers special services for the visually impaired customers, including brail printing…

Mohsen Bahramgiri and Mohammad Fetanat-Fard have been appointed as advisors for “international finance” and “modern financial institutions and development tools for infrastructure” by the Minister…

Part of the Aliat-Astara roadway, to the south of Azerbaijan’s capital Baku, which connects Iran and Azerbaijan, was inaugurated by Azeri President Ilham Aliyev on Saturday, IRNA reported on…

Iran imports around 60% of its need for medical devices, says head of Food and Drug Administration Rasoul Dinarvand, adding that the percentage for imaging equipment such as CT scan, MRI, and…

Senior advisor to the president and Secretary of the High Council of Free Zones Akbar Torkan and Afghanistan’s Minister of Commerce and Industries Homayoun Rasa, will chair a meeting today in…

Keen on increasing market share in post-sanctions Iran, the Dutch pavilion with 17 companies active in floriculture and greenhouse industries, stands out at the 4-day Iran Green Trade Fair 'IGTF…

China will gradually eliminate customs duties for 201 information technology products covered by a $1.3 trillion World Trade Organization deal under a bill passed on Saturday by its legislature.…

Iran’s unused optical fiber infrastructure is to be leased to the private sector, according to a report from Iran’s main telecoms provider.

Telecommunications Infrastructure Company of Iran…

The technology giant Apple is expected to unveil the next generation of the iPhone on Wednesday.

Widely anticipated to be the iPhone 7, heavy speculation suggests the Cupertino-based firm…

A report on the share of mobile telecommunication operators in Iran’s market has been released by the Ministry of Communications and Information Technology.

Members of Iran Chamber of Commerce, Industries, Mines and Agriculture will vote today to pick a new president. This is while as of Saturday no one had announced candidacy for the top job, which…

Talks are underway for launching a special bank for cooperatives to increase the share of cooperatives in financial markets and in keeping with the Fifth Five-Year Development Plan (2011-16),…

Insurance Research Center, affiliated with the Central Insurance of Iran, has recently crafted the draft version of a comprehensive set of measures for promoting commercial insurance, as part of…

Sina Bank, EN Bank, Parsian Bank and Tourism Bank on Thursday signed an agreement to share knowhow for boosting the quality of banking services, especially in the area of electronic banking. The…

The Central Bank of Iran is planning to launch a foreign currency bourse in the banking system, probably after the unification of foreign exchange rates by the end of the current Iranian year (…

Starting from today (Sept. 4), Austria’s national carrier will fly three times a week to the Iranian commercial center of Isfahan, Aviation Tribune reported. The airline will operate an Airbus…