Tehran Stock Exchange’s main index plunged 232.50 points or 0.38% on Sunday to end at 61,501.5.
More than 570 million shares valued at over $43.7 million changed hands to record close to a…
Economy
Domestic servers are currently hosting about 100,000 websites and their numbers will rapidly increase in the near future, as capacity increases, a deputy head of Information Technology…
Iranian researchers from a knowledge-based company have developed the latest generation of lithium-ion batteries for telecommunications applications.
The "Internet of Things" sector is likely to grow from $4.11 billion in 2015 to $13.49 billion by 2020, at a compound annual growth rate of 26.9%, an Irish technology research company estimates.…
Luxury watchmaker Breitling, famed for its aviation-themed timepieces, has made its first foray into the smartwatch market with the $8,900 (324 million rial) Exospace B55, a “connected” device…
Rial-dominated bonds are the basis for transactions in the soon-to-be launched foreign exchange derivatives market, the head of Securities and Exchange Organization, Muhammad Fetanat. He said in…
The minister of agricultural Jihad has criticized banks for not providing loans to farmers. Mahmoud Hojjati said banks were supposed to allocate 25% of their lending to agriculture, but they met…
President Hassan Rouhani sent the bill for Iran’s membership in Asian Infrastructure Investment Bank to the Majlis.
Parliament will review the government’s proposal for purchasing 15,808…
Iranian lenders have to upgrade their standards in order to be able to operate overseas in the post-sanctions era, said Ali Divandari, head of Monetary and Banking Research Institute. The research…
An independent central bank is instrumental to economic growth and stability, said Hussein Ghazavi, the newly-appointed deputy minister of economy for banking and insurance affairs. …
The Ministry of Roads and Urban Development says its housing loans will not contribute to the rate of inflation.
Deputy minister, Hamed Mazaherian, on Saturday elaborated on the government’…
Tehran Stock Exchange started the week in red as the main index TEDPIX lost 413.30 points or 0.67% to descend to 61,734.4.
Over 421 million shares valued at more than $35.9 million were…
Iranian Privatization Organization sold 13.2 trillion rials (about $360 million) worth of government-owned stocks from the start of the Iranian year (March 21) until December 5. The IPO offered 88…
Iran Mercantile Exchange’s agricultural trading board witnessed the supply of 11,203 tons of corn, 2,500 tons of dates, 4,000 tons of durum wheat, 100 tons of white sugar, 500 tons of unprocessed…
Islamic Treasury Bill trading hit a record on Wednesday, as trade volume for the newly-debuted bill exceeded 56 billion rials ($1.54 million at market exchange rate) for the first time, which is a…
Iran hopes to raise hundreds of billions of dollars needed to repair its sanctions-hit economy, but first it must win over global investors.
The government will increase its spending in next year's budget [new Iranian fiscal year starts March 20, 2016], says Economy Minister Ali Tayebnia. Most of the increase will come from capital…
The president’s senior economic advisor published a note last week that highlighted “11 super challenges” in Iran’s path to sustainable economic growth and stable single-digit inflation—a target…
The nuclear deal clinched between Iran and world powers is no silver bullet for improving trade ties between Iran and Turkmenistan, said Deputy Economy Minister Mohammad Khazaei in a forum…
Decades of economic restrictions have strained Iran’s ability to finance its growth and to trade with the world. Now this market of 80 million is ready for–and can afford–everything from airplane…
Some 1.6 million tons of goods, namely 1.4 million tons of non-oil products and 200,000 tons of oil commodities, were handled at Kish Port from March to October, Mohammad Jahanshahi-Nasab, the…
Iran and Azerbaijan are scheduled to hold the next meeting of their joint economic commission in Iran this week. The upcoming meeting will be held in two sessions during December 22-23: one in the…
The completion of Iran’s Integrated Tax System and direct taxation plan, creation of financial transparency and nurturing of tax culture as well as the overhaul of Value Added Tax Law top Iran’s…
The current share of compressed natural gas in the national fuel basket is more than 23%, that is, gas comprises almost a quarter of all transport fuel consumed in Iran.
French car manufacturer Renault has announced that the company exported 8,050 cars to Iran in November 2015.
According to Tasnim News Agency, a year-on-year comparison shows a…
