Economy

Global cellphone operator Vodafone reported a better-than-expected 2.2% rise in first-quarter organic service revenue, marking an eighth consecutive quarterly rise in its main growth measure,…

Iran is willing to purchase 25 short-haul aircraft worth up to $500 million from Japan’s Mitsubishi Aircraft Corporation, says deputy roads and urban development minister, Asghar Fakhrieh-Kashan…

The government has called for completing the infrastructure for the Mehr Housing Project, for which “ten trillion rials ($323.8 million) will be raised through Islamic bonds and will be given to…

The government allowed the Central Bank of Iran to repay 9.88 trillion rials ($321 million) to the International Monetary Fund for settling Iran’s debts to the Washington-based lender. The amount…

In a letter to the CEO of Parsian Bank, the Central Bank of Iran approved an increase in the bank’s capital. Founded in February 2002 as a nongovernment bank, the lender previously had a capital…

German bankers have expressed enthusiasm in establishing normal banking links with Iran, the governor of the Central Bank of Iran says.

The Insurance Research Center, affiliated to the Central Insurance company of Iran, is set to recommend measures for promoting corporate governance rules in insurance companies, which is “vital…

The 10th International Exhibition on Gold, Gems, Jewelry, Related Machinery and Equipment opened in Isfahan on Tuesday. The four-day expo hosts 130 firms from Italy, Turkey, the UAE, Austria,…

Kenya and Iran are pursuing trade ties to boost their exports, as they seek more opportunities in agro processing, textiles, leather and extractive industries. Speaking during a bilateral trade…

Talk about the imposition of a 9% value added tax on transactions through point of sale devices are baseless, Iranian National Tax Administration’s public relations chief, Gholamreza Qeblei,. “…

A delegation from Iran is scheduled to visit South Africa from August 18 to 23 to discuss opportunities for bilateral economic cooperation.

Iran exported more than 2,650 tons of goods valued at $7.9 million to the United Kingdom during the first three months of the current Iranian year (started March 20), registering a %16.4 decline…

Parliamentarians on Wednesday voted for Adel Azar to become the new director general of the Supreme Audit Court of Iran for a four-year term.

Azar, who has served as director of the…

Ninety-six percent of the 88,000 licensed Iranian businesses are considered small- and medium-sized, a deputy minister of industries, mining and trade said.

“There are currently over 80,…

An international conference about investment opportunities in post-sanctions Iran is scheduled to be held in Malaysia on July 26-27, with a focus on transferring technical knowhow and expertise to…

Tehran Stock Exchange’s main index gained 200.50 points or 0.27% to end Wednesday trade at 74,514.1.

Over 510 million shares valued at $36.8 million changed hands for the day.

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Iran is the second leading cement producer in the Middle East and North Africa, and is the world’s seventh largest producer of the industrial material.

The country competes with Turkey…

Demand for fixed-income securities is high among Iranian investors, as decreasing deposit rates leave bonds as the only high yield investment.

Demand outstripped supply 15 to one in…

A delegation of representatives of aviation companies from Germany’s Bavaria State is scheduled to visit Iran on August 23-25 to identify fields of potential cooperation and explore investment…

The production of four models of all-wheel-drive pickup cabs manufactured by Iranian companies was halted last month.

The export of Iranian cars to Iraq has stopped due to poor quality, said an Iranian lawmaker on July 19.

Majlis Industries and Mining Commission hosted representatives of the Industrial…

Modiran Vehicle Manufacturing Company (MVM) unveiled a new updated version of MVM X33 called X33s, which is a local variant of China's Chery Tiggo 3 released in 2015.

MVM 33Xs is equipped…

The Persian Gazelle III solar car manufactured by Iranian students at the University of Tehran started a tour from the Caspian Sea to the Persian Gulf to introduce environmentally-friendly…

The "Handbook of Iran's Capital Market" has been published in English by Amin Investment Bank after it was first unveiled at the Ninth International Exhibition of Exchange, Bank and Insurance last…

To revamp the financial sector Iran’s capital market regulator aims to develop a vibrant market for mortgage-backed securities (MBS) to stimulate the debt market and spur the sluggish construction…