Economy

Iran exported some 28,000 tons of non-oil goods worth $167 million to Italy during the first three months of the current Iranian year (started March 20), which indicates a 36% rise compared with…

Iranian transit companies will be the main beneficiaries of recent amendments made to Azerbaijan’s Tax Code by President Ilham Aliyev, says Iran’s Ambassador to Azerbaijan Mohsen Pakayeen.…

Rural Iran accounted for 26.6% or 1.958 quadrillion rials (around $55.94 billion at market exchange rates) of the gross domestic product in the Iranian year ending March 2013, the Statistical…

The Central Securities Depository of Iran—the body in charge of handling securities—is processing 792 billion rials ($22.5 million at market exchange rates) as interest for 15 Islamic bonds or…

Zarhsouran Gold Mine produced 137 kilograms of gold ingots during the first four months of the current Iranian year (started March 20), which indicates a fourfold increase compared to the similar…

The implementation of Iran’s nuclear deal with the P5+1 group of countries, which is known as the Joint Comprehensive Plan of Action, and removal of sanctions imposed on Iran will affect Iran’s…

Tehran Stock Exchange’s main index gained 354 points or 0.46% to end Sunday trade at 76,579.7.

More than 1 billion shares valued at $76.1 million changed hands for the day.

Pelasco…

A new project has been planned to create a national web archive in Iran to store content from Persian websites and make it available to the public.

This is a sub-project of a larger plan…

A new app and gizmo has been released this week, which upgrades the humble paper airplane.  The PowerUp 3.0: Smartphone Controlled Paper Airplane is a jetpack to attach to your everyday paper…

Legal measures are being implemented against the unauthorized utilization of jammers within Iran, as the use of the devices has increased in recent years.

Hossein Fallah Joshaqani, deputy…

A team of researchers at Yahoo Labs have plumbed the depths of their company’s massive comment sections to come up with something that might actually be useful for detecting and eventually curbing…

The World Bank says Iran has so far gained access to as much as $30 billion of its frozen assets in the wake of the landmark nuclear deal that it signed with the six world powers last year.

The 2016 edition of Basel AML Index was published this week by the Basel Institute on Governance, covering 149 countries; it’s the fifth edition of the rankings. The index is an annual…

The first phase of construction has begun on the Gohar Lorestan food factory, affiliated to the Bank Meli Iran. In the opening ceremony of the factory attended by Interior Minister Abdolreza…

The Money and Credit Council approved Central Bank of Iran financial statements for the fiscal year ending March 19, 2016. Statements had been primarily reviewed by the bank, the CBI website…

The total number of home sales in Tehran reached 15,000 during the month ending July 20, marking an annual growth of 27.6%. Residential units were sold at an average price of 42.3 million rials ($…

The Central Bank of Iran said Thursday commercial banks will soon be allowed to trade in the parallel foreign exchange market, as part of the initiative to scrap the dual exchange rates and move…

More than 11.2 million tons of goods were handled in Iranian ports during the Iranian month ending July 21, which indicates a %4.3 rise compared with last year’s corresponding month, according to…

An Iranian trade delegation arrived in Azerbaijan’s Nakhchivan Autonomous Republic on Thursday on a two-day visit to discuss expansion of bilateral ties. Ali Navadad, deputy governor general of…

The construction of a freeway linking the city of Tabriz in East Azarbaijan Province to the city of Bazargan in Maku county of West Azarbaijan on the Turkish border is expected to be completed in…

The Producer Price Index in the 12-month period ending July 21, which marks the end of the Iranian month of Tir, increased by 3.5% compared with last year’s corresponding period, according to the…

Heading a delegation of representatives from the public and private sectors, Iranian Minister of Communications and Information Technology Mahmoud Vaezi left Tehran for Russia’s Astrakhan last…

Iran’s Economy Minister Ali Tayyebnia said economic statistics in the first four months of the current Iranian year [started March 20] have been promising.

Trade routes between Iran and Iraq have thrived over the past decade because Iraqi markets remained mostly open at a time when sanctions closed off other potential markets for Iranian exports.…

Tehran Stock Exchange intends to design an index for fixed-income securities offered on the exchange, says Chief Executive Hassan Qalibaf-Asl. “We have sent the request for a debt market index to…